The herald., 1919-12-11
CHARTERS.

the approval Of the Executive Committee
of this corporation. This committee shall
have charge of the Grain Inspection De-
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 ,ano
where arbitration is required, the Chair
man of the Grain Committee shall appoint
three members of the Grain COMMITTEES, not
parties to the dispute, to act as arbitra-
tors. In case of an appeal from the de-
cision of the arbitrator, same shall lie TO
the Grain Committee. 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. ma
jority of the committee shall constitute
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 Dl-
rectors, full 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
1
| 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 5.-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 anC
discharge the chief inspector and his depu
ties and assistants; shall have supervision
over the said inspector and assistants, ant
issue such instructions to them ma.
| be deemed proper, and shall regulate thei
| salaries. This committee shall, on or be
/. fore December LIST of each year, submit t
the Board of Directors a budget covering
, the approximate expenses of the depart
: ment. The inspection fees shall be fixed
, from time to time, by the Committee o
, with an itemized monthly report of the re
> ceipts and expenses of the inspection de
partement to the Finance Committee. A
: fees collected by the Grain Inspection De
; partment shall be paid to the Treasurer c
a the corporation as soon as received. A
, payments shall be made under the diret
e ton of the Finance Committee of the Boar
4 of Trade.
\ eliminate Sections and Z from I'll
/. Charter.
e Amend Sections 8, o, 10. II and IL,
h | read respectively Sections q, Z, 8, an
: TO-"
o And whereupon the said Warren Kea
= ney, President, and H. S. Herring, Seer
: tary, have appeared before me, notary,
: perpetuate into the public records the r
n suit of the meeting of the stockhOlde
d aforesaid, and to make, by these present
J. authentic proof of the amendments to sa
V Article Y of the Charter of said c0rpor
n ton to be spread upon the parish and Sta
a | records.
K Thus done and passed, at my office.
a the city of New Orleans, on the date fir
= above written, in the presence of Messr
e Lawrence G. BOdet and Gordon L. Austi
le competent witnesses, who have hereun
d signed their names with the said appeare
20 and me, notary, after due reading of {
ia whole.
70 Original signed: l.. G. Bodet, G. L. Au
n. tin; Warren Kearney, President; II.
10 Herring, Secretary.
le f. 2. COUSIN, Not. Pub
an i, the undersigned, Recorder of Mo-
OF cages, in and for the Parish of Orleal
al State of Louisiana, do hereby certify I'll
n the above and foregoing Act of Amen
ms ment to the Act of Incorporation of I
New Orleans Board of Trade, Limited, W
this day duly recorded in my office,
be Book 1881, folio -.
r. New Orleans. La, October 2Sth, 1919.
er EMILE j. LEONARD, ID. r
ny (Seal) Not. Pub
n A true copy. L. 2. COUSIN,
rs | Nov. 5-Dec H.