Referendum on the report of the Special Federal Reserve Committee

Bibliographic data

Monograph

Identifikator:: 1827879114

URN:: urn:nbn:de:zbw-retromon-221388

Document type:: Monograph

Title:: Referendum on the report of the Special Federal Reserve Committee

Place of publication:: [Erscheinungsort nicht ermittelbar]

Publisher:: [Verlag nicht ermittelbar]

Year of publication:: 1930

Scope:: 53 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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ing 25 members or less is entitled to one dele- gate¥and for each 200 additional members in excess of 25 one additional delegate, but no organization is entitled to more than ten dele- gates.] No vote shall be valid unless received by the Secretary within 45 days of the date of the mailing of the pamphlet. In connection with its vote each organization member may file such explanation, comment, or opinion as it may desire. In forwarding the pamphlet it shall be the duty of the Secretary to advise each organiza- tion member of the date on which the right to register votes expires. SECTION 9. If before the expiration of 4 days from the date the pamphlet was sent out votes representing more than two-thirds of the voting strength of the organization membership are registered in favor of the propositions sub- mitted or any of them, the Secretary shall im- mediately certify that fact to the Board of Di- rectors. ‘Thereupon, the propositions so ap- proved shall be recorded as having been adopted by the Chamber and it shall be the duty of the Board of Directors to take such steps as may be necessary to make effective the action taken. If at the expiration of 45 days one-third of the voting strength of the Chamber has been recorded and two-thirds of the vote thus cast representing at least twenty (20) states is in favor of the propositions submitted or any of them, the Secretary shall so certify to the Board of Directors. Thereupon the proposition so approved shall be recorded as having been adopted by the Chamber and it shall be the duty of the Board to make effective the action taken. SECTION 10. On a question submitted to ref- erendum no organization member found to have voted with the minority shall be deemed to impair its standing in this Chamber by adher- ing to its position or by continuing its efforts in support thereof. SECTION 11. Upon approval by the Council or Board of Directors a member may be per- mitted by petition to place upon the program for consideration at the annual meeting a ques- ion which has not been submitted in advance dy mail as hereinbefore provided for, but such 1 question shall not be considered if one-third of the delegates present object thereto, and its submission by mail as hereinbefore provided for shall be ordered on the recording of a two- thirds vote in favor of that method of pro- cedure. SECTION 12. ACTION AT MEETING. (a) On all questions before a meeting of this Chamber, on which a vote is taken viva voce, or by division, each duly accredited delegate from an organization member shall be entitled to one vote in person. A yea and nay vote may >e ordered on any question upon demand of one-fourth of the delegates present officially rep- -esenting such organization members and on such ballot only the votes of said members shall be counted. On all yea and nay votes each or- ganization member shall be entitled to as many votes as there are delegates present representing said member, subject to the provisions of Article VI, Section 3. All yea and nay votes shall be fully recorded and published in the proceedings. An affirmative vote of two-thirds shall be nec- essary to carry the approval of the Chamber of Commerce of the United States of America ipon any proposition or resolution which may appear upon the official program or be added thereto as provided for by these By-Laws: Pro- vided, That such a vote shall be void and of no effect unless the attendance registered at the meeting shall represent one-third of the voting strength of the Chamber from at least twenty 20) states. (b) The list of questions to be considered at each annual meeting shall be mailed to each member at least 30 days in advance of such meeting. (c) No question shall be received from an organization member for submission to the Chamber at the annual meeting within 40 days of the date of said annual meeting, except in case of emergency and unless by a two-thirds vote of the Board of Directors.

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