Page:United States Statutes at Large Volume 50 Part 1.djvu/282

 75TIl CONGRESS, 1ST SESSION-CHS. 335, 336-JUNE 14, 1937 [CH APT ER 33 5] 257 AN ACT June 14, 1937 To continue in effect until June 30, 1939, the Act entitled "An Act to regulate 	 [S . 790] interstate and foreign commerce in petroleum and its products by prohibiting [Public, No . 145] the shipment in such commerce of petroleum and its products produced in violation of State law, and for other purposes", approved February 22, 1935. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 13 of the Act entit led "A n Act to reg ulate interst ate an d fore ign co mmerce in petroleum and its products by prohibiting the shipment in such commerce of petroleum and its products produced in violation of State law and for other purposes", approved February 22, 1935, is amended by striking out "June 16, 1937" and inserting in lieu thereof "June 30, 1939". Approved, June 14, 1937. Interstate, etc ., ship- ment of petroleum products. Existing provisions continued. 49 Stat. 33. 15 U. S. C., Supp. II, ° 7151 . [CHA PTER 336] AN ACT June 14, 1937 To amend the Act entitled "An Act to incorporate the National Education Asso- 	[S. 709]	 ciation of the United States", approved June 30, 1906, as amended. [Public, No. 146] Be it enacted by the Senate and House of Representatives of the United States o f America in Congress assembled, That section 5 of the Act entitled "An Act to incorporate the National Education Association of the United States", approved June 30, 1906, as amended, is amended to read as follows "SEC. 5 . The qu alificati ons, clas sificatio ns, righ ts, and o bligation s of members of said corporation shall be prescribed in the bylaws of the corporation ." SEC. 2. Section 6 of such Act is amended to read as follows "SEC . 6 . (a) The officers of the corporation shall be a president, one or more vice presidents, a secretary, a treasurer a board of directors, an exec utive com mittee, a board of trustees, and suc h boards, councils, committees, and other officers as shall be prescribed in the bylaws . "(b) Except as lim ited b y this Act, as ame nded, t he byl aws of the corpora tion s hall p rescri be the power s, duti es, te rms of offic e, and the manner of election or appointment of the said officers, boards, councils, and committees; and the said corporation may by its bylaws make other and different provisions as to the numbers and names of the officers, boards, councils, and committees ." SEC . 3 . Section 7 of such Act is amended to read as follows "SEC. 7. (a) The board of trustees shall consist of four members elected by the board of directors for a term of four years, and the president of the association, who shall be a member ex officio dur- ing his term of office. At the first meeting of the board of directors held du ring t he ann ual me eting of the associ ation at whi ch the y were elected, they shall elect one trustee for the term of four years. All vacancies occurring in said board of trustees, whether by resignation or otherwise, shall be filled by the board of directors for the unex- pired term; and the absence of a trustee from two successive annual meetings of the board shall forfeit his membership. "(b) The invested fund now known as the Permanent fund of the National Educational Association', when transferred to the corpora- tion hereby created shall be held by such corporation as a permanent fund and shall be in charge of the board of trustees, who shall provide for the safekeeping and investment of such fund, and of all other funds which the corporation may receive by donation, bequest, or 125151 - -37-- 17 National Education Association of the United States; charter amendments . 34 Stat . 805. Membership; quali- fications, etc., as pre- scribed in bylaws . 34 Stat . 805. Officers . Po wers, duties, etc . Numbers and names of officers, boards, etc . 34 Stat . 806. Board of trustees . Vacancies. Invested fund.