Last one to try to become Boss of Bosses was Joe Masseria. After the Castellammarese War, that title was no longer used. Chairman of the Board is the one responsible for the security of commission meetings and to be able to be reached at all times by other commission members when they needed an urgent meeting. From my understanding, the Chairman of the Board position was elected to serve five years. The Commission rule was of peace, so there would be no more fighting between two or more families. The Commission came togather to take a life, or save a life. To go to war or not to go to war. Only to interfer in a family appointment of a boss if there was no strong contender to take the mantle, but this rule the Commission had broken more than once, due to some influencial members on the Commission. To settle territory disputes such as them making Las Vegas and Miami open to anyone.
Gambino and Genovese controls the docks, lets say Mike is a Gambino capo that controls the southern part of the docks in Brooklyn, but wants to control a little section in the northern part the docks that is known to be used for smuggling that is controlled by a Genovese capo named Tommy who get a cut of the action. Mike sends someone over to make a deal, but Tommy refuses the offer, which angers Mike, both are capos so they go to their families administration. If neither of those two families can not work it out, and it looks like it is going to get ugly, then the Commission steps in to avoid a mob war. For the record that is Tommy's territory and has a right to do as he wishes.
Frank and Vince are both Capos in the Bonanno family. Frank started to sake down union workers at company that he owns jointly with Vince, but is not sharing the profits with Vince, but is kicking up to the family boss. Vince finds out about this and reports it to the family administration. The Consigliere decides, but if it is sever enough he takes it to the boss. Because both members belong to the same family, it is a single family dispute where it should not reach Commission level.
As for profits being devided between them, that is only if there are members that have skims coming in from casinos, or union money that those members jointly share in. Example John and Peter are both bosses that have a joint venture in a Las Vegas casino, but Joe another boss does not have an interest in that casino, so John and Peter dived the profits between them, while Joe gets nothing cause he is not involved. Commission members make there own money, but are smart enough to bring in another member or two into a lucative deal so that there will be no hassles from the other families if it is a huge money maker.
