VALUE OF FOREIGN GOLD AND SILVER COIN.-Continued. GERMANY.-The new German Empire has adopted a new and uniform system of coinage, which contemplates the gradual withdrawal of the coins of the various States composing the Empire, and the substitution of the new coinage, as follows: A pound of fine gold is divided into 1393 pieces; the one-tenth part of this gold coin is called a "Mark," and is subdivided into 100 Pennies, (Pfennige.) A TEN MARK piece, the unit of the coinage is equal to 3 South German Thalers, or 3 1-93 Bremen Gold Thalers. Its value is $2.43. JAPAN.-The new system of coinage for Japan embraces four gold coins valued respectively at $20, $10, $5, and $2. COMMONWEALTH OF MASSACHUSETTS. In the Year One Thousand Eight Hundred and Fifty-four. AN ACT TO INCORPORATE THE BOSTON BOARD OF TRADE. Be it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, as follows: SECTION 1. JAMES M. BEEBE, SILAS POTTER, JAMES C. CONVERSE, their associates and successors, are hereby made a corporation by the name of the BOSTON BOARD OF TRADE, for the purpose of promoting trade and commerce in the city of Boston and its vicinity, with all the powers and privileges, and subject to all the duties, liabilities and restriction, set forth in the forty-fourth chapter of the Revised Statutes; provided, however, that this act shall not be construed to authorize said corporation to traffic in goods, wares, or merchandise of any description. SECT. 2. Said corporation may hold real and personal estate to an amount not exceeding one hundred thousand dollars, to be devoted exclusively to the purposes of said corporation. SECT. 3. This act shall take effect from and after its passage. Passed to be enacted. House of Representatives, April 28, 1854. OTIS P. LORD, Speaker. In Senate, April 29, 1854. Passed to be enacted. CHARLES EDWARD COOK, President. April 29, 1854. Approved: EMORY WASHBURN. A true copy. Secretary's Department, Boston, May 2, 1854. E. M. WRIGHT, Secretary of the Commonwealth. BY-LAWS OF THE BOSTON BOARD OF TRADE. SECTION 1. MEMBERSHIP. ARTICLE 1. Any person, whose avocation is directly connected with the commerce, trade, or industry, of the country, may be admitted, on approval of the Executive Committee, to membership of this Board. SECTION II. GOVERNMENT AND ELECTIONS. ARTICLE 1. The officers of the Board shall consist of a President, two Vice-Presidents (to be chosen as first and second,) a Secretary, an Assistant Secretary, a Treasurer, and fifteen Directors. There shall be an Executive Committee, consisting of the President, Vice-Presidents, Secretary, Treasurer and Directors, seven of whom shall constitute a quorum, and who shall meet at such times, and be governed by such rules as they may determine. ART. 2. There shall be a new election, by ballot, of all the officers, except the Secretary and Assistant Secretary, on the first Monday in October, 1873, who shall continue in office one year, or until their successors are elected and qualified to take their places. After the election in October, 1873, the Standing Committee, and all the officers except the Secretary and Assistant Secretary, shall be chosen by ballot at the annual meeting; and shall continue in office for the term of one year, or until their successors are elected and qualified to take their places. ART. 3. The Executive Committee shall appoint the Secretary and Assistant Secretary, and shall direct them in the discharge of their respective duties; shall fix the salaries of those officers and of all other persons employed by the corporation; shall supervise all purchases and contracts for the Board; shall audit all bills and claims against the corporation, and shall direct payment of the same; and shall have authority to execute all measures deemed proper by the Board to promote its objects. ART. 4. Whenever vacancies occur in the Board of Directors or in the Standing Committees of the Board (Arbitration and Transportation,) the Executive Committee shall have power to fill such vacancies. SECTION III. MEETINGS OF THE BOARD. ARTICLE 1. There shall be an annual meeting of the Board for the choice of officers, and the transaction of other business, on the first Monday in October, at such place as the Executive Committee may appoint; and notice of such meeting, signed by the Secretary, shall be published in two or more Boston daily newspapers, at least five days before the time fixed for the meeting, and such other notice shall be given as the Executive Committee may direct. At the annual meetings fifty members shall constitute a quorum; at all other meetings fifteen members shall constitute a quorum. ART. 2. Meetings of the Board shall be held at such times as the Executive Committee may direct, and shall also be called by the Secretary on the written application of ten members of the Board. Meetings shall be called by posting a conspicuous notice in the News Room, and in such other manner as the Executive Committee may determine. SECTION IV. DUTIES OF OFFICERS. ARTICLE 1. It shall be the duty of the President, or in 'his. absence, of one of the Vice-Presidents, in the order of rank, to preside at all meetings of the Board and of the Executive Committee. The President shall have the power during the interim between the meetings of the Board, to appoint Special Committees upon such subjects as he may deem necessary, whose duty it shall be to consider the subjects committed to them, and to report at the next regular meeting of the Board, but with no power to take further action. ART. 2. The Treasurer shall keep an account of all moneys received and expended for the use of the Board, and shall make |