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It defines quorum requirements, voting limits for members, timing for annual meetings in February, and the selection and duties of an executive committee. It also covers management roles, exchange hours, handling payments and balances, endorsement rules for items, expense assessments, procedures for adjusting errors, admission and withdrawal of banks, and amendment and notice requirements.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/new-bedford-clearing-house-articles-of-association/325508/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/new-bedford-clearing-house-articles-of-association/325508.png","ImageObject",300,407,{"name":92,"@type":93},"Liam","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-23","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":52},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What is the purpose of the New Bedford Clearing House under these Articles?","Question",{"text":112,"@type":113},"It focuses on effecting daily exchanges among associated banks, paying resulting balances, and promoting uniformity of action among the banks.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How are annual meetings and officers determined?",{"text":117,"@type":113},"The annual meeting is held at the clearing house on the second Monday in February, when a President and Secretary are chosen by ballot for one year.",{"name":119,"@type":110,"acceptedAnswer":120},"What rules govern members’ voting and representation at meetings?",{"text":121,"@type":113},"A quorum is a majority of all members, and each member may be represented by one or more principal officers but is entitled to only one vote.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},325508,1790380913,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":52,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":29,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},8796095461564,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","98-84328-22New Bedford Clearing  \nHouse  \nArticles of Association  \n[S.I.]  \n[18-?]  \nCOLUMBIA UNIVERSITY LIBRARIESPRESERVATION DIVISION  \n# BIBLIOGRAPHIC MICROFORM TARGET\n\nORIGINAL MATERIAL AS FILMED-EXISTING BIBLIOGRAPHIC RECORD  \n332Nev Bedford clearing house.ZArticlen of association1v.1021.   33 cm.  folded in 22cm.  \nTypewritten.  \nVol.of pamphlets.  \n## RESTRIC1IONS ON USE:\n\n  Reproductions may not be made without permission from Columbia University Libraries                   \n# TECHNICAL MICROFORM DATA\n\nFILM SIZ E:            35mmREDUCTION BATIO: 9:7  \n## IMAGE PLACEMENT\n\nIIA IB IB  \nDATE FILMED:                    2-9-98INITIALS:         16  \nTBACKING\\#:                                                                                                    29806  \n4  \n.The undersigned Banks in the City of New Bedford,for thepurpose of effecting a more perfect and satisfactory settlement of thedaily balances between them,hereby agree upon the followingArticles of Association.  \nArt.  1.    The name of the Association shall be THE NEW BEDFORDCLEARING HOUSE.  \nThe objects of the Association are the effecting at onetime and one place of the daily exchanges between the several asso-ciated Banks,the payment of the balances resulting Irom such exchanges,and the promotion of a general uniformity of action among the Banks.Art.  2.At all meetings of the Association a quorum for the tran-saction of business shall be a maiority of all the members.Each mem-ber may be represented by one or more of its principal officers andshal be entitled to one vote only.  \nArt.  3.    The annual meeting shall be held at the Clearing House onthe second Monday in February of each year,when a:Hresident and Secre-tary shall be chosen,by ballot,who shall hold their office for one yearand until others are chosen in their stead:and whenever at any mecteing,either of them shall be absent,a Chairman or Secretary pro temporeshall be chosen.  \nArt.  4.At every Annual Meeting there shall be chosen,by ballot,an Executi e Committee of three(not ore than one me er ot the com-rittee from any one bank)who shall hold the office for one year,anduntil others are chosen in their stead,whose duty it shall be to pro-cure suitable accomnodations for the clearing:  to provide prorerbooks,stationery,and whatever else may be necessary for the conve-nient transaction of the business:  they shall determine the assess-ment of each member ior its quota of inenses as provided by theseArticles of Associaticn,establish a scale of fines for errors,disor-derly conduct,or other irregularities,and have the general supervisionof the business and interest of tre Association.  Any vacancy whicn mayoccur in the committee durin the ear may be filled at any meetingof the Association.  \nArt.  5.The Cashier of tne Clearing House shall be the Manager ofthe Clearing,and the settlin clerks shall be under his direction whileat the Clearing House..The hour for makin the exchanges shall be 123'clock M.  The debtor members shall pay to the Mlanager of the ClearingHouse the balances a ainst them by 12.30 o'clock P.M.and on or be-fore 1 o'clock the creditor memibers shall receive the respective bal-ances due them,provided all balances due from the debtor members shallhave been paid to the Clearing House.  \nAll balances over One Hundred Dollars shall be paid indrafts on some one of the banks in Boston.  \nArt.  6.Errors in the exchanges and claims arising from the returnof checks,or fro other causes,shall be adjusted directly between the  \nmembers who are parties to them(and not through the Clearing House)onor before 1 o'clock P.M.  \nArt.  7.All matter passing through the Clearing House shall bearthe written or stamped endorsement of the member fron which it is re-ceived.  \nArt.  8.    The ezpenses of the Association shall be borne equally bythe members and shall be paid as follows:  ach member shall be as-sessed Fifty Dollars,annually in advance,and the balance necessaryshall be paid upon the demand of th","cbCaih0vdURbYMbr","https://ap.wps.com/l/cbCaih0vdURbYMbr","pdf",433583,"English","# Articles of Association\n## Restrictions on Use\n## Technical Microform Data\n## Association Provisions\n## Meetings and Committees\n## Management and Clearing Operations\n## Payments, Endorsements, Expenses, and Adjustments\n## Membership Admission, Withdrawal, Amendments, and Notices","[{\"question\":\"What is the purpose of the New Bedford Clearing House under these Articles?\",\"answer\":\"It focuses on effecting daily exchanges among associated banks, paying resulting balances, and promoting uniformity of action among the banks.\"},{\"question\":\"How are annual meetings and officers determined?\",\"answer\":\"The annual meeting is held at the clearing house on the second Monday in February, when a President and Secretary are chosen by ballot for one year.\"},{\"question\":\"What rules govern members’ voting and representation at meetings?\",\"answer\":\"A quorum is a majority of all members, and each member may be represented by one or more principal officers but is entitled to only one vote.\"}]","New Bedford Clearing House - Articles of Association | PDF",1789970703,15]