Kenosha telegraph. [volume] (Kenosha, Wis.) 1850-1854, 1850-07-26

be s'The kENosHA COUNTY PROTECTIVE UNION"
SEC. 2. The business of this Union shall be
to buy and sell merchandise and other property
for the benefit of its members.
SEC. 3. The Depot and Agency of the Union
shall be in the city of Kenosha.
Sec. 4. Any person, by paying ten dollars
and subscribing to this Constitution, may become
a member.
ART. II.
Sec. l. The officers of this Union shall be
President, Secretary, Treasurer, and three Di-
rectors, who together shall constitute Board
of Managers.
Sec. 2. The duties of the President shall be
to preside at all meetings of the Board and Union
(and in his absence one of the Drectors,) to
call special meetings when any two members of
the board or any six members of the Union shall
request it in writing; sign contracts, and trans
act such other business as is usually assigned to
this officer.
Sec g. The duties Of the Secretary shall be
to keep correct record Of all the proceedings of
the Board and Union, and also schedule of all
the business transactions of the Union as fur
nished by the Direction of the Board, which re-
cord shall De kept in a book provided by the
Board for the purpose, and shall be open at all
times to the inspection of any member of the
Union He shall at each Quarterly Meeting
present a written report, setting forth the gen
eral operations oil the Union.
Sec. A. 1t shall be the duty of the Treasurer
to receive and hold in safe keeping all monies
paid in by shareholders, and Oh the sale of
goods, or from any other source-in all cases
giving receipt for the same He shall prompt
ly pay all orders drawn or him by the Board
signed by the President and Secretary, and none
other. He shall keep correct account of all
monies received and paid out by him in book
to be provided by the Board for that purpose, and
report at each Quarterly Meeting of the Union
all his official doings, and to the Board when
ever called upon.
Sec. 5. The Directors shall participate as
members of the Board in all its official transac-
tons, and shall examine the books and accounts
of the Secretary ard Treasurer previous to the
regular Quarterly Reports.
ART. III.
Sec. l. The Board of Managers shall have full
control of all the business transactions OF the
Union, appoint and discharge agents or clerks,
as they may deem expedent, and in all ways
have the general supervision of the business OF
the Union, unless otherwise determined by a
vote of the members at a regular or special
meeting of the Union; provided always, that
they shall in no case depart from the ready pay
system.
SEC. g. All written transactions of the Board
shall be signed by the President and Secretary
Sec. g. AL business propositions that come
before the Board for their adoption, shall receive
the approval of majority Of the members pres
ent, or if required, majority of all the members
present and absent, if their opinions can be OBJ
tanned, in order for its adoption.
SEC. 4. AT the first meeting of the Board it
shall be their duty to fix the time and place of all
future stated meetings for the Current year.
SEC. 5. No meeting of the Board shall be va
lid for the transaction of business, unless a ma
jority of all its members be present.
ART. ".
Sec. l. The regular meetings of the Union
shall be Quarterly, viz: on the first Monday in
August, November, February, and May, in each
year, at such place and hour as the Board may
determine.
SEC. 2. The regular annual meeting shall be
on the first Monday in August, at which time
the annual reports of the Secretary and Treas
urer shall be received, officers chosen, and any
other business attended to that may promote the
of the Union.
Sec g. Extra meetings may be called by the
Board by giving notice Of the time, place and OBJ
Iect OF the meeting in all the papers published in
the County.
Sec. 4. Officers of this Union shall hold their
Offices one year, unlest for violation of the
trust reposed in them they shall be deposed, in
which case the vacancy shall be filled by a new
election.
SEC. 5. Any officer of the Union may resign
his office by giving ten days notice Gin writing)
to the Board, who shall fill the vacancy pro tenn
pore until the next regular Quarterly Meeting,
when anew election shall be made, which shall
in force Until the regular annual meet
ART. v.
Sec. 1. Any person taking share in this
Union shall be entitled to certificate of the
same, signed by the President and Secretary
which certificate shall in all cases be evidence of
his right OF property in the stock of the Union
SEC. 2. Any shareholder may transfer his
interest IN the stock of the Union but in order
TO be Valid such transfer shall be endorsed on the
certificate and endorsed by the Secretary
Sec. 3. Any shareholder may withdraw his
share Of the stock of this Union by giving notice
% that effect to the Secretary, one month previ-
ous to the annual meeting, when the Board, at
It's regular annual session, shall direct the Treas
lrer to pay over to the applicant the amount of
his interest in the stock of the Union.
SEC. 4. Every shareholder shall have the
privilege OF purchasing all articles for sale by
his Union at cost, for his or her own proper use,
including his or her proper family.
Sec. 5. Any shareholder purchasing goods
1t cost from this Union for any other person or
PERSONS than such as are embraced in the house
lold or family OF such shareholder, shall, on sat
sfactory evidence of the fact being brought be-
ore the Board of Managers, forfeit all the inter-
st he may have in the stock of the Union, and
ease to be member, and shall have his name
rased from the Constitution.
ART. vi.
The Treasurer, before entering on the duties
f his office, shall execute to the President Of
ne Board good and sufficient bond to be ap-
roved by the Board.
APT VII