The herald., 1919-11-06
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 grail
for export, or local, subject to the approva
of the Board of Directors.
Section Ain all disputes arising solely
out of the purchase or sale of grain anC
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 arbitrator, same shall lie t.
the Grain Committee. The Committee OIL
Grain may fix, by bylaw, such fees as
shall be paid for reference cases heard by
the drbitrators, and also in cases heard BY
the arbitrators, and also in case of appeal
by the committee. When other questions
are involved, i'll regard TO export shipments
Of grain. an appeal shall lie to the Com
mittee on Maritime Arbitration. \ ma.
Jority of the committee shall constitute q
quorum. report of all proceedings shall
be Kept by the committee. under the sinner.
vision of the Secretary of the corporation
The Committee on Grain shall have sub
Ject to the approval of the Board of hi.
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 hulle-
tin board of the Main Exchange floor. as
wei as Ol IHe Mdrltlme 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-
pedlent, under the direction of the com
mlttee, and placed in charge of the chief
grain inspector of the corporation
section 5.-The Committee on Grain
snail, with the approval of the Board of
directors, perform the following duties
Provide an Office for the inspection de-
partnent, 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 Sald inspector and assistants, and
issue such instructions to them as may
De deemed proper, and shall regulate their
salaries. This committee shall on or he
fore December LIST of each year submit to
me 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 on
train, and submitted by them. together
with an itemiZed monthly report of the re-
celpts and expenses of the inspection de-
parteiheht to the Finance Committee. All
ices collected by the Grain InSpectiOn De
partment shall be paid to the Treasurer of
the corporation as soon as received All
payments shall be made under the direc-
uon or the Finance Committee of the Board
of Trade.
-, ElHllhdte sections and Z from the
Charter.
amend Sections s. Q. 10. II and 70 TO
read respectively Sections 6, Z. s. 0 and
TO-"
And whereupon the said Warren Kear-
ney, President, and III. S. Herring Score
tary, have appeared before me. notary, to
perpetuate into the public records the re-
suit OF the meeting of the stockholders
aforesaid, and to make. by these presents
authentic proof of the amendments to said
Article y of the Charter of said corpora-
tlon to be spread upon the parish and State
records.
Thus done and passed at my office. in
the city Of New Orleans, on the date first
above written, in the presence of Messrs
Lawrence G. Bodet and Gordon l.. Austin
competent witnesses, who have hereunto
signed their names with the said aDppa rers
and me, notary. after due reading of the
whole.
Original signed l.. G. BOdet, G. L. Aus
tin; Warren Kearney, President; II. S.
Herring, Secretary.
f. P. COUSIN. Not. Pub.
l. the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of Amend
ment to the Act of Incorporation of the
New Orleans Board of Trade, Limited, was
this day duly recorded i'll my office. in
Book 1881. folio -.
New Orleans, La. October 2Sth. 1919.
EMILE j. LEONARD ID. X.
(SeaL) Not. Pub.
A true copy. Z. p. COUSIN,
Nov. D Dec IL