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according accounts agreement Agriculture amount annual association average banks bargaining base basis board of directors butter butterfat bylaws capital carried cattle Central cents certificates changes charges City commodities companies considerable contract cooperative costs cream creameries crops dairy dealers deductions delivered determined direct distribution effect established factors farm farmers feeders feeding FIGURE financing fluid fluid-milk fruits funds handling important incorporation increase individual interest Iowa irrigation keep lambs land less limited loans manufacturing meeting membership method Michigan milk month necessary obtained officers operating organization paid patrons payment percent period plant pool pounds practices principal problems producers purchase quantity range received records reports result routes season selected shipped sold supply surplus tion United usually vegetables volume winter
Page 54 - That such associations are operated for the mutual benefit of the members thereof, as such producers, and conform to one or both of the following requirements: "First. That no member of the association 'is allowed more than one vote because of the amount of stock or membership capital he may own therein, or, "Second. That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum.
Page 48 - The signature to this assignment must correspond with the name as written upon the face of the certificate in every particular without alteration or enlargement, or any change whatever.
Page 54 - Farmers', fruit growers', or like associations organized and operated on a cooperative basis (a) for the purpose of marketing the products of members or other producers, and turning back to them the proceeds of sales, less the necessary marketing expenses...
Page 13 - The foregoing clauses shall be construed, both as objects and powers; and it is hereby expressly provided that the foregoing enumeration of specific powers shall not be held to limit or restrict in any manner the powers of the corporation.
Page 57 - ... as liquidated damages for the breach of this contract; all parties agreeing that this contract is one of a series dependent for its true value upon the adherence of each and all the growers to each and all of the said contracts.
Page 74 - There being no further business to come before the meeting, on motion duly made, seconded and unanimously adopted, the meeting was adjourned.
Page 6 - Second, That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum. And in any case to the following: Third. That the association shall not deal in the products of nonmembers to an amount greater in value than such as are handled by it for members.
Page 24 - Territory or country, and while owner thereof to exercise all the rights, powers and privileges of ownership. 3. To purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of shares of the capital stock of...
Page 41 - The director or officer against whom such charges have been brought, shall be informed in writing of the charges previous to the meeting and shall have an opportunity at the meeting to be heard in person or by counsel and to present witnesses; and the person or persons bringing the charges against him shall have the same opportunity.