The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-20
CHARTERS.

the approval of the Executive Committee
of this corporation. This committee shall
partment in all matters relating to grain
for export, or local. subject to the approval
of the Board of Directors.
Section An all disputes arising solely
out of the purchase or sale OF grain ,and
where arbitration is required, the Chair
man of the Grain Committee shall appoint
three members of the Grain Committee not
parties to the dispute, to act as arbitra-
tors. In case of an appeal from the de-
cision of the arbitrators, same shall lie TO
the Grain COMMITTEES. The Committee OH
Grain may fix, by bylaw, such fees as
shall be paid for reference cases heard by
the arbitrators, and also in cases heard by
the arbitrators, and also in case of appeal,
by the committee. When other questions
are involved, in regard to export shipments
of grain, an appeal shall lie to the Com
mittee on Maritime Arbitration. A ma
jority of the committee shall constitute a
quorum. report of all proceedings shall
be kept by the committee, under the super
vision of the Secretary of the corporation.
The Committee on Grain shall have, sub
ject to the approval of the Board of Di-
rectors, fall power to establish grades of
grain, and to alter and amend the same,
as may be deemed necessary or eXpedient +;
provided, however, that before any change
| of grade shall take effect at least ten days
notice shall have been posted on the bulle-
| tin board of the Main Exchange floor, as
well as of the Maritime Branch of the New
| Orleans Board of Trade, Limited, and no
| contract existing at the time of such
! change shall be affected thereby. Stand
ard samples of all the various grades shall
| be prepared for each crop as early as eX-
| pedient, under the direction of the COM
| mittee, and placed in charge of the chief
/ grain inspector of the corporation.
| Section 1.-The Committee on Grain
shall, with the approval of the Board of
| Directors, perform the following duties
| Provide an office for the inspection de-
partment, and employ such clerical force
as may be necessary; shall appoint and
discharge the chief inspector and his depu-
| ties and assistants; shall have supervision
over the said inspector and assistants, ans
issue such instructions to them as may
| be deemed proper, and shall regulate theil
salaries. This committee shall, on or be
fore December 1st of each year, submit t,
the Board of Directors a budget GOVERN.
the approximate expenses of the depart
ment. The inspection fees shall be fixed
from time to time, by the Committee OF
with an itemiZed monthly report of the re
ceipts and expenses of the inspection de
partement to the Finance Committee. Al
fees collected by the Grain Inspection De
partment shall be paid to the Treasurer o
the corporation as soon as received. Al
payments shall be made under the direC
ton of the Finance Committee of the Boar
of Trade.
| Eliminate Sections and from th
Charter.
, Amend Sections s, 8. 10. IL and u t
| read respectively Sections 6, Z, s, 8 an
TO-"
: And whereupon the said Warren Kear
ney, President, and ii. s. Herring Secre
tary, have appeared before me, notary, [
perpetuate into the public records the re
J suit of the meeting of the stakeholder
| aforesaid and to make, by these presents
authentic proof of the amendments to sal
: Article y of the Charter of said corpora
! ton to be spread upon the parish and Stat
records.
< Thus done and passed, at my office.
the city Of New Orleans, on the date fir!
above written, in the presence of Messr
g Lawrence G. Bodet and Gordon l.. Austil
{ competent witnesses, who have hereunt
J ! signed their names with the said appearel
and me, notary, after due reading of IL
Q whole.
3 Original signed: l.. G. Bodet, G. l.. Au
tin; Warren Kearney, President; II.
g Herring, Secretary.
q f. p. COUSIN. Not. Pub
Q 1, the undersigned, Recorder of Nor
I cages, in and for the Parish of Orlean
d State of Louisiana, do hereby certify tn
: the above and foregoing Act of Amen,
$ ment to the Act of Incorporation of Il
New Orleans Board of Trade Limited. W.
q this day duly recorded in my office,
- New Orleans, La October 2Sth, 1919
v EMILE j. LEONARD, ID. r.
!. tSeai) Not. Pub.
;, A true copy. L. p. COUSIN,
,, Nov 5-Dec. IL.