Document M4Q3gp6BDDMxzbBOG5gXG0ZaL

Friction Materials Standards Institute. Inc.. 370 Lexington Avenue. New York >7. N.Y. May 25, 1959 NOTICE OF PROPOSED CHANGES IN CONSTITUTION AND BY-LAWS YOU ARC HEREBY NOTIFIED THAT, IN ACCORDANCE WITH THE CONSTITUTION ANO By-LaWS OF the Friction Materials Standards Institute, Inc,, the following frofoseo changes in the Constitution ano By-Laws Of said Institute will be presented to the membership at the ANNUAL MEETING TO BE HELD ON JUNE IOTH, 1959 AT lOiOO A.M. AT THE EoGEWATER BeaCH Hotel for ratification* article II (a) After the woros - by the brake lining - insert ",brake shoe". ARTICLE III Section I, Classification. After the words - one known as "Regional Members" - insert ", one known as "Assooiates" and a thiro known as "Brake Shoe Manufacturing Members", Section 2. Eligibility. At the eno of this section, aoo the following! Any person, ..firm or corporation located in any country, other than one "behino the Iron Curtain", ensaged in the manufacture of brake shoes in commercial quantities SHALL BE ELIGIBLE TO BECOME A BRAKE SHOE MANUFACTURING MEMBER Sect !,9.n,,J>. Rights of ^mbews. Ado the following! (c) Brake Shoe Manufacturing Members. A Brake Shoe Manufacturing Member is en titled to attend all meetings of the membership or the Institute but shall have no RIGHT TO VOTE ON ANY QUE8TI0N RAI8E0. SUCH MEMBER, WITH THE APPROVAL OF THE BOARD OF Directors, will be eligible for appointment to any committees acting on behalf of the Institute, However, such members are not eligible to become a member of the Board or Directors. Such members shall receive any ano all information, oata, circulars, or written material released sv the Institute pertaining to unlineo brake shoes. ARTICLE IX Section 2. Annual Fees. Regional Members.Change the $750.00 TO ?l,000.00 ANO the annual membership fee OF A TRADE GROUP FROM $1,500.00 TO $1,750.00. Aoo THE FOLLOWING TO THIS SECTION; Brake Shoe Manufacturing Members. The annual FEE OF a brake shoe manufacturing MEMBER 8HALL BE $300.00 PAYABLE 8EMI--ANNUALLY IN ADVANCE ON THE FIRST 0AV8 OF JULY ano January. There shall be no pro-rating of such annual fees of a brake shoe manu facturing MEMBER ANO SUCH MEMBER WHO IS AOMITTEO OURING THE FISCAL YEAR SHALL BE 08L1GATE0 TO PAY THE FULL AMOUNT OF THE ANNUAL FEES FOR THE THEN CURRENT FISCAL YEAR. Distribution: Active Members (A & B) H, G, OUBCHEK Secretary FMSI-0047 FMSI 00529 T