December I, 1914] 



THE INDIA RUBBER WORLD 



145 



The Rubber Trade Association of New York. 



THE formation of the Rubber Trade Association of New 

 York with the election of officers an. I appointment of com- 

 mittees was mentioned in the November number of tins 

 journal. The Constitution ami B Laws have Mine been pub- 

 lished under the general title : 



General Rules and Regi i vtion I'm no i Constitu- 



rioN and By-Laws or the Rubber i i; mi Association or New 

 i .ii. i 



I In so rules and regulations are divided into a preamble and 

 thirteen articles. The more important and interesting of these 

 articles are given in full below together with a brief summary 



oi the other articles. 



Pri wiiii.k. 



I. The association shall be called "I'm Ki BBEB leo.i 



ciation or \i w York." 



II. The objects and purposes 'if the association are to Eostei 

 and promote the best interests of the rubber trade as a whole for 

 the mutual benefit oi ail concerned, importers, brokers, dealers 

 and consumers; t" reform any abuses relative thereto, to pro- 

 cure uniformitj and certainty in the cu d usages of the 

 rubber trade, to settle differences and disputes in the trade b) 

 arbitration, l.. promote a more enlarged and friendly intercourse 

 between trio i engaged in the trade, and for those purpo es to 

 make and enact rules for the proper supervision and efficient 

 conduct of the trade, including the regulation of mutual transac- 

 tions between members of the association. 



Article I states that any co-partnership, corporation or indi- 

 vidual engaged in t he business of crude rubber in the United 

 States shall be eligible to membership. It refers to the obli- 

 gation of the members to conform to the rules of the association. 

 Each firm, co-partnership or corporation is only entitled to one 

 vote in the association. 



Article II. — Management. 

 The first section of this article is as follows: 



Sec. I. The management and conduct of the affairs of the 

 association shall be entrusted to a board of eleven (11) directors 

 elected from members of the association in good standing, seven 

 of whom shall constitute a quorum. There shall be elected by 

 the board of directors each year from among those serving on 

 the I" 'aid a President, Vice-President, Secretary and Treasurer 

 of the association. 



The second and third sections refer to the terms of the various 

 "Hirers and the appointment of the various committees. 



Article III describes the method of applying for membership.. 

 Article IV. — Membership Dues vnd Fees. 



Sections one and two are as follows: 



Sec. I. Initiation fee for membership to the association shall 

 be $25.00. 



Sec. II. The annual dues shall be $25.00 payable in advance on 

 the first day of November in each and every year. 



Sections three, four and five refer to the payment of dues. 

 Article V. — Officers and Their Duties. 



Sec. 1. The officers shall consist of a President, Vice-President 

 and Treasurer and Secretary, who shall continue to hold their 

 offices until their successors arc elected and assume office. 



The other sections describe the duties of the different officers. 



Article VI. — Association Meetings — describes the place and time 

 of holding meetings, the order of business and calling of special 

 meetings. 



Article VII. — Vacancies in the Board "i Directors. 



As indicated by the title, this article describes the procedure 

 for filling vacancies in the board of directors and also for the 

 removal of any director whose conduct is prejudicial to the in- 

 terests of the association. 



Article VIII. — Arbitration. 



This article having to do with a matter of interest to the whole 

 rubber trade is reproduced in full. 



Sec. I. The Arbitration Committee shall, unless otherwise 

 provided in the contract, have the powei when called upon by a 

 member or a non-member to arrange fox a settlement 1'v arbitra- 

 ti.'ii of matters in dispute between such member and any other 

 member, "r between a member and a n r in connection 



with an ui mess transaction entered into between them, and 

 the following shall apply to all such referenci 



Subdivision in). The disput one of them, shall apply 



t" ill' i ommittei for an appointment of arbitrators and thi i 

 mittee shall thereupon appoint two arbitrators and an umpire, 

 « hi ' in ' '1 m ■! neces arilj be membi rs oi thi iut at 



least one of whom shall not be a member oi the Committee, for 

 the purpose of settling the dispute. No arbitrator or umpire 

 shall act hi an\ case where he is interested in the subject-matter 

 "i the dispute, without thi con ent in writing of all pan 

 the dispute. S 1.50 in respect to such appointment shall 



be paid to thi n bj the part) or parti' i dispute 



who shall appbj i"i such appointmei h fie, including ar- 



bitration and umpire ices, shall In- ultimately borne and paid by 

 the losing party, unless otherwise awarded. 



Si bdivision (6). The' firs for arbitrators or the umpire shall 

 10.00 each, hut such arbitrators or umpire -hall he awarded 

 extra fees, in the discretion of the Vrbitrati i if in 



the judgment of the t '.< immitti 



' ' perfi rmed unusual or extraordinary services during the 

 arbitratii m i m is hii h thej bai 



Si bmvisiok i, i. In the event of the arbitrators being unable 

 to agree on an award, they shall refer the dispute to the umpire. 



Si bdivision i il i. The umpire and arbitrati r hall be at liberty 

 in lake such evidence and offer such documents in possession of 

 the parties in dispute as they may deem necessary, and shall 

 also have the right to require am of the parties to give such 

 testimony in the matter in dispute as may be required, and for 

 that purpose to require the attendance of the parties at such 

 times and places as may be fixed for the hearing 



Subdivision (e). Necessarj costs ami disbursements of the 

 successful party, as well a- the stenographic fees shall be paid 

 by the losing party, unless otherwise awarded. An award of 

 such arbitrators or umpires (as the case may be) shall be 

 absolutely final and binding upon the parties for all purpi 

 unless the parties dissatisfied, fi rthwith, within three working 

 days thereafter, lodge with tin- Committee a written notice of 

 appeal, together with a fee "f $5ll, and serve a like notice upon the 

 other party or parties to the dispute, in which case the Committee 

 shall rex iew the award and shall determim 'its of the 



parties. 



Subdivision (,). I he Committee shall have the like rights 

 and powers as are hereinbefore conferred on the arbitrators and 

 the umpire for the purpose of enabling them to determim 

 rights of the parties, and their decision shall be absolutely final 

 and binding upon all parties to the dispute The said fee of $50 

 shall be ultimately home and paid by the losing party, unless 

 otherwise ordered by the Committei 



If tin arbitration Covers a case where the seller has offered an 

 allowance which the buyer has rejected, claiming that the allow- 

 ance should It greater, and the arbitrators decide that the allow- 

 ance should be equal to or hover than offered by the seller, the 

 buyer shall be considered as the losing parly and pay the 

 Such offers of settlement must be stated in the application to the 

 Committee prior to arbitration. 



Subdivision (g). Members of the association, by signing the 

 within rules and regulations, agree to submit their differences 

 to arbitration as herein set forth, and to abide by the award. 

 Any member of the association who refuses or neglects to submit 

 any matter in dispute for arbitration or to abide bj the award 

 duly made, shall be suspended from privileges of the associa- 

 tion in the discretion of the board of directors, and it shall be 

 mutually agreed between all the members that such conduct on 

 the part of any one or more members shall justifj the others in 

 dealing with such member only on a cash basis in the delivery of 

 goods, supplies and materials used in the crude rubber trade. 



Subdivision (/t). When a matter in dispute has been referred 

 to the arbitrators or umpires (as the case may be) the said 

 arbitrators or umpire shall require the party who considers him- 

 self aggrieved to file with it a written complaint, specifying the 

 nature and grounds of his grievance, within the time fixed by 

 them. Said arbitrators or umpire, after receipt thereof shall 

 serve notice upon the member oi person against whom the 



