may be elected to serve again, provided another member has served as President in the intervening time, and provided that no member shall serve in all more than four years. All persons elected to office shall take the oath or affirmation required by the Charter, and shall continue in office as above provided, or until their successors shall have become duly qualified according to the Charter. Should any elective office become vacant through any cause whatsoever, such vacancy shall be filled by election at the next regular meeting or any subsequent meeting of the Chamber after such vacancy has been reported to the Chamber. ARTICLE II Meetings The regular meetings of the Chamber for the transaction of business shall be held in the Hall of the Chamber on the first Thursday in each month (the summer vacation only excepted) at twelve o'clock noon. When the first Thursday in any month shall fall on a legal holiday, the regular monthly meeting shall be held on the Thursday following, unless otherwise ordered by a vote of the Chamber. Special meetings may be held at such other places, and at such other times as the President, or, in his absence, one of the twelve Vice-Presidents, according to seniority, may designate, upon the written requisition of ten members; provided, that one day's notice of the time, place and object of the meeting shall have been publicly given; and also provided, that no other business except that designated in such call and notice shall be acted upon. ARTICLE III Members and Their Election No person shall be admitted a member of this Chamber except merchants or others engaged in trade or commerce or in pursuits directly connected therewith. The membership of the Chamber shall consist of two classes: resident, those who reside in or do business in the City of New York; non-resident, those who neither reside in nor do business in the City of New York. All nominations for membership of the Chamber must be made in writing, signed by one member, seconded by another member, together with a statement of the occupation and qualification of the candidate and be addressed to the Executive Committee for consideration. If the Executive Committee approve the nomination, they shall report the same to the Chamber at the first regular meeting thereafter. The candidate shall be then balloted for; and if five or more negative ballots are cast, he shall not be admitted a mem ber, nor be again proposed until after the expiration of one year from the time of such rejection. For dishonorable conduct or dealings the Executive Committee, after a hearing, may recommend to the Chamber that any member charged with such conduct be expelled, suspended or disciplined. The Chamber may by a two-thirds vote at a regular meeting expel, suspend or discipline such member, provided due notice has been given by the Secretary of the Chamber both to the accused and to the membership at large of the day and hour when the recommendation of the Executive Committee shall be acted on, and provided further, that if the accused member does not appear for such hearing in person or by proxy action may be taken by the Chamber in his absence. When the resident membership shall number 2,000 (exclusive of honorary members), no more members shall be admitted to that class, except to fill vacancies that may thereafter occur; and when the non-resident membership shall have reached 250, no more members shall be admitted to that class, except to fill vacancies that may thereafter occur. The Secretary of the Chamber shall furnish to each member in good standing who may apply therefor, an engraved certificate of membership, duly signed and authenticated. ARTICLE IV Honorary members may be elected at any regular meeting of the Chamber, or at a special meeting called for that purpose, on the nomination of the Executive Committee, and without ballot, unless called for. They shall be entitled to all the privileges of regular members, and shall pay neither initiation fee nor annual dues. The Secretary shall furnish each honorary member, thus elected, with a certificate of membership, duly signed and authenticated. ARTICLE V After candidates have been duly elected by the Chamber they shall become members upon payment within thirty days of an initiation fee of fifty dollars. The annual dues of resident members shall be one hundred dollars per year, payable on the first day of January of each year, but the annual dues of any member elected after the January meeting shall be for the unexpired portion of that year, payable in advance at the time of election. For non-resident members the initiation fee shall be fifty dollars and the annual dues of twenty-five dollars payable in like manner. The Executive Committee may, in its discretion, for reasons satisfactory to itself, remit the annual dues of any member; and it may accept the resignation of any member, at any time, if the annual dues of such member, to the date of such resignation, shall have been paid or remitted. If the annual dues of any member remain unpaid for one year his name may, after due notice to the said member, be stricken from the rolls of the Chamber by order of the Executive Committee. ARTICLE VI Duties of Officers Of the President.-The President shall exercise a general supervision of the affairs and interests of the Chamber. He shall preside at all meetings of the Chamber, regular and special, and all motions of business and adjournment shall be addressed to him. He shall appoint all Special Committees, except where the Chamber shall otherwise order. He shall sign all official documents of the Chamber. He shall countersign the annual accounts of the Treasurer when duly audited. He shall call special meetings of the Chamber, on the written requisition of not less than ten members, stating the object thereof, and shall designate the time and place at which such special meeting may be held, and direct the due notification thereof. Of the Executive Vice-President.-The Executive VicePresident shall devote himself entirely to the affairs of the Chamber. He shall have charge of the administrative work of the Chamber, supervising the duties of the Secretary and of all the salaried staff of the Chamber, and of those employed by the Board of Trustees of the Real Estate. He shall, under the direction of the President and the Executive Committee, conduct the correspondence of the Chamber, especially with reference to its external affairs. He shall be, ex-officio without vote, a member of all Committees, regular or special, and shall attend as far as possible all meetings of the Chamber and of its Committees. He shall, under the guidance of the President and the Executive Committee, supervise all publications of the Chamber. He shall be the custodian on behalf of the Chamber of the Great Hall and other rooms of the Chamber, and shall have the care of its Library, portraits, and other property not otherwise provided for, except its real estate. He shall keep such property insured against fire. He shall relieve the President in every way possible of all routine or ordinary details of the work of the organization. He shall assist the Committees of the Chamber so far as is in his power. In the absence of the Executive Vice-President the Secretary shall act in his place. Of the Vice-Presidents.-The twelve Vice-Presidents, in the order of seniority, shall, in the absence of the President, have the same power and authority as the President. Of the Treasurer.-The Treasurer shall have the charge of all moneys collected or received for the use of the Chamber, except money arising from or in any way connected with its real estate, or appropriated for, or received to acquire or improve the same. He shall disburse the same whenever not otherwise provided for by these by-laws, only upon the written warrants of the Executive Committee. He shall keep books of account of all receipts and disbursements, and the vouchers therefor, in the usual form, and shall produce a copy of the same, fairly stated, for the inspection of the members, at each Annual Meeting. Such a copy of accounts shall be duly audited by auditors appointed. for the purpose by the Chamber, and be signed by them and countersigned by the President, on or before the Tuesday next preceding the Annual Meeting. The Treasurer shall deliver over to his successor the cash remaining in his hands, and also any certificates of stock or other securities, the property of this Chamber, together with the books of account, chest and key, and may require a receipt there for. In the absence of the Treasurer-elect, the same shall be delivered to the President. In the absence of the Treasurer, the Chairman of the Executive Committee shall perform the duties assigned to the Treasurer. Of the Secretary.-The Secretary shall, under the supervision of the Executive Vice-President, devote himself entirely to the affairs of the Chamber. He shall have the general care of all documents and correspondence belonging to the Corporation. He shall attend all meetings, and keep a fair and correct register of all proceedings, rules and regulations of the Chamber, which shall be regularly entered in the minute book. He shall also attend upon and keep minutes of the proceedings of the Executive and other Standing Committees, and shall assist the Special Committees as far as is in his power. He shall duly notify members of their election, sign all documents jointly with the President, and have the custody of the seal of the Chamber for their proper authentication. He shall give due notice of all meetings, both regular and special. When neither the President, nor any of the twelve Vice-Presidents is present at any meeting regularly called, the Secretary shall, after reasonable delay, adjourn the meeting sine die. He shall see to the collection of all dues from members, and regularly turn over and pay the same to the Treasurer, and shall render him all required assistance in the clerical part of his duties. An Assistant Secretary may be appointed by the Executive Committee. He shall assist the Secretary in the performance of his duties, and in the Secretary's absence act in his place. He shall hold office during the pleasure of the Committee. ARTICLE VII Board of Trustees of the Real Estate Membership.-The Board of Trustees of the Real Estate shall consist of the President of the Chamber, ex-officio, as Chairman, and six members to be elected as hereinafter provided. Election. At each Annual Meeting of the Chamber there shall be elected from among the members two trustees for a term of three years, to fill the vacancies of those whose term of office will then expire. Any vacancies in said Board otherwise occurring shall be filled at the next regular or any subsequent meeting of the Chamber. Powers and Duties.-The President of the Chamber shall be the Chairman of the Board of Trustees ex-officio, and the Secretary of the Chamber shall be Secretary ex-officio, without vote, and said Board may elect a Treasurer, and appoint such other assistants as it may require. The Board of Trustees shall have the custody, control and management of all real estate of the Chamber, and of all funds and other property appropriated or received for the purchase, improvement, or any other purpose affecting real estate, and shall have full power in the name of the Chamber to contract for and acquire such real estate as it may deem wise, and to improve the same by demolition, alteration or erection of buildings or otherwise, adopt plans, modify the same from time to time, and make all appropriate contracts therefor and for the management of said real estate. The Board may provide for such compensation to its appointees and assistants as it may deem wise, and pay the same from any funds in its control. No sale or mortgage of the real estate shall be made except by authority of the Chamber by resolution adopted at a regular meeting or special meeting called for that purpose. All conveyances, mortgages, leases or contracts of, or affecting the real estate of the Chamber, shall be authorized by said Board and the President, or a majority thereof, and shall, when so authorized, be executed under the seal of the Chamber, attested by the signatures of the President and Secretary of the Chamber. The Great Hall of the Chamber shall be used exclusively for meetings of the Chamber, unless consent for other temporary use be given by a two-thirds vote of the Board of Trustees of the Real Estate and the President of the Chamber at a regular meeting or special meeting called for that purpose, or in writing. The Board shall from time to time as it deems wise, make reports to the Chamber. The Board is authorized and empowered to receive from the Treasurer of the Chamber all gifts and bequests of money or securities given to the Chamber in trust in the way of endowment |