Coin Machine Journal

February, 1932
13
THE COIN M A C H I N E J O U R N A L
By-Laws of New Association
Executive committee completes foundation for strong
organization of industry
person, firm or corporation may be
elected a member on making written
application therefor to the President
or Secretary, and being favorably
passed upon by the Committee on
Membership upon receiving a major­
ity vote of the members present at a
meeting of the Board of Directors.
executive committee has
| O been very active in complet­
ing its organization and ex­
pects to apply shortly for a charter.
A great deal of thought has been given
to the by-laws which are to guide the
association in the conduct of its busi­
ness.
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Here we have the completed by­
laws as they have been perfected by
the charter members of the association.
Sec. 6. Duration of Membership
and Resignation. Each person, firm,
By-Laws
of the
Coin Machine Manufacturers
Association of America
Article I. Name
S e c t io n 1 .
The name of the Asso­
ciation shall be the C o in M a c h in e
M a n u f a c t u r e r s A s s o c ia tio n .
Article II. Object
The object of this Asso­
ciation shall be to foster the industrial
interests of its members and those in
any way related to the coin machine
industry by common business inter­
ests; to secure freedom from unjust or
unlawful exactions; to establish and
maintain uniformity and certainty in
the customs and'commercial usages of
the coin machine industry; to acquire,
preserve, and disseminate valuable
business information; to promote a
more enlarged and friendly intercourse
among those engaged in the coin ma­
chine industry, all of which not being
inconsistent with the public interest.
J. O. HUBER
Executive Secretary and Treasurer
S e c t io n 1 .
Article III. Membership
1 . Active. Any person,
firm or corporation engaged in the coin
machine industry is eligible to become
an active member of this Association.
S e c t io n
Sec. 2. Honorary. The board of di­
rectors, at a duly organized meeting,
may elect honorary members by a
unanimous vote of the members pres­
or corporation admitted to member­
ship herein in pursuance of these By­
Laws shall be a member of the Asso­
ciation until his membership shall ter­
minate by death, voluntary with­
drawal, or otherwise, in pursuance of
these By-Laws. The right of a mem­
ber to vote and all other rights, title
and interest of a member in or to the
Association, its rights, privileges and
property, shall cease on the termina­
tion of his membership. Any member
may withdraw from the Association
after fulfilling all obligations to it by
giving written notice of such intention
to the Secretary, which notice shall be
presented to the Board of Directors or
Executive Committee by the Secretary
at the first meeting after its receipt.
Should any active member at any time
cease to be engaged in the coin ma­
chine industry he shall be deemed to
be no longer qualified as a member of
this Association and the Board of Di­
rectors may thereupon declare his
membership terminated.
ent. Such honorary members shall be
exempt from payment of any fees
whatever and shall be entitled to all
the privileges of active members, ex­
cept the right to vote or hold office.
Sec. 3. Associate. Any person, firm
or corporation engaged in operating
coin controlled machines is eligible to
become an associate member of this
Association. Associate members shall
have the privilege of the floor at the
open sessions of the Association. They
Sec. 7. Suspension. A member may
shall be extended interest. They shall
be suspended for a period or expelled
not have the privilege to vote or to
for cause, such as violation of the By­
hold office.
Laws or Rules of the Association or for
Sec. 4. Voting. Any member of a
conduct prejudicial to the best inter­
firm or an officer of a corporation may
ests of the Association. Such suspen­
represent it at any meeting. Any firm
sion or expulsion shall be by a two-
or corporation may be represented at ^ thirds vote of the membership of the
any meeting by any member of the
Board of Directors, provided that a
staff delegated by it for that purpose;
statement of the said charges shall
but each firm or corporation shall be
have been mailed by registered post to
entitled to only one vote.
the member under charges at his or its
last recorded address at least fifteen
Sec. 5. Election of Members. Any
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