The sun., 1864-09-30
How to EstnbIisb n Purchn sing Agency.

people the policy of establishing Pdrchanug Assoc
c'tions' for the purpose Of chcapcnng supie Tti-
| ces Of ordinary consumption, aud breaking down
| the speculators, VIII, wherever they combine 20
rss the prices OF commodities, take advantage
Of the public. 4 number of these associations
have already operated successfully in a private
way, and yielded to thor subsriers hairlsomc
| dividends in tlo share Of u supply oi nccdill art
clrS ds,ributed ~ each member n, prices very
much lclow uo Urinary retail quotations ~ sim.
| lar articles L. noting The oVira'riinuy rsul;s
| ob,nncl b. the combination of a te v portons, who
delegated one o their number 10 prrchasc a, ,shoc-
sale variety n nr;iccs. and w,s pad good
wages for distributing the to the sIhsr;i.ers,
| We were convinced that this operation might DO
successfully carried out on larger scale We have
t,roicre tttcr n careful exam nation Of cvory sim
liar enterprise that VIC could learn about in this
country or ,broqd,J prepared tho following
bass upon which hose 10 disposol can organize
themselves n.o Purchasing Assoc Atio ls, under
the protection Of our State laws:
| Eust.--Threc Or ave persons meet tos ether and
resolve To establish n company T. tc kr own a. the
| "Prpon.sIS0 ASSOCIATION Il the Fetl eth Ward"
or by any other designation. Three or hyc of
these persons then draw up q document. setting
| forth their determination. and signing the sstno az
| ILusrEEs appcudins thereto n sworn lie, lsration
that they will holorahly aud f,thill'y execute all
the duties nppeiis.nng to the olive they have
Ia. cn upon themselves. One copy OF this docu-
men; b to be- fled with the County Clerk
Second.-fhc Trustees will neat issue prospec-
tis setting forth the sdvantlgcs oi the Aforesaid
Purchasing A-sociatiou aud ieque,tiny tn inhabi-
tauts Il their ward. Or tho city g,neraly- 10 sub
| scribe thcrctu. Of course no m,n CT wo nan " 4.
subscribe unlegs they have confidence in 'hc Tras-
tees, aud know chat these gentlemen Wit hon ST.
lv and faithfully administer the duties of their
Office.
Third -Twcnty-Hyc, Gfy, or one hur,ir 'd per
sons having subscribed their names tic L -us,ccs
will call = NEE NJ, ani NJ tha, meeting ~ sub
scritcrs WI pags serol Of Resolutions .ln form
somcwha, as follows;
Res ired TIM, for The rurrose oc eNea.,c- iny the
Price oi provisions IN the e "F.fieth War :" store
| Le obtained and the ioowIag AZ aelcs bot sht in
large quAnti,e' for distribution TO ret al pirchas-
,r1 y'f; Flo~, ind'ar Me ( i'o,a'ocs, sugar,
irt, Beans. Tsd- CgFee, etc. etc. 1"ie same to tc
purchased IA the wholcs lie ar Sct a 1d whenever
prN acnllc, tom the iuue ! l.e prod lcer.
h'otred' That IN order 10 t'cur; to ourse. tcs
the right TO purchase gcnl h "a this store, and for
n" rulp'se oi obtaining ali The advantages acc.u
ln9, ann AZ tho r,'ne .So pre- venting any 'uls-i
doflotndny On thr su,1cc', Nc adr pt the following
as tic tans upon whot fre ngsp in'ed.
fUsi.- Iapial sio X >, this Pur. ~ A,
s1chtou SHAH bc Cylt ed into sha.es NJ
8 dollars each, VII ch may he subscribed fo
| by any pcson, but no one individual shall he a.
lowed ~ holi moro y IAN twenty-five sAarcs, Of
riusici HIS shares u . her parties without giyina
notice tn the Trustocs or their Clerk On twenty
days notice any sh.,iho ,ier can Ob,ain from IL,
Trustees IA coInmoi oa, the cnurc par value OF b.,
stock, which may ten 3, re-ssLcl 10 new sui
scril era for cash Wly. Interest, at the rate %
81.
s,ycn per cent sl.s De paia n money or rs equiv
hcnt on the s'oct uIua isslei, said interest To b,
pa,d Hcni-tnhually- Nyer,' s1rkhold,r to he en-
tI,d 10 vote Il. tin seui-a nnuAI tncetinSs Of ,h'
Association aceort ~ 10 uIc interest Le holds Il
| the stick NJ PIC Ccs bcnl received.
Second. The cgi,ital s,oo Of this Asnciatlou
sh"li tc und when ore-hnf thereof = sub
ssril ci Ihc Trustees INN! use tue subscribers t.
vhy IN the money therciur,.Ani coiumeuce opera
ions.
Ihhd No portion OF his capital stock shall b
used iui 'ho lay1nei.t Vi ANY % the eSpei 49, Ice
tsstfy a. carry ou the stoIN csG1hsgcu by u
"Ftcth Ward y, ,rlhlSag Asso,!Siou," :" bat tha
tc exclusively dc'nr 4 10 the purchase OF article
hAI ute 10 ue sold al the a.oresa s,ore-an.i at O.
tines lhc entire .n,iunt of sud capital stock sha
lie either luves'rd n commodities, ropp sentc
by money IN tue hi .nds OF the Trustrcs
Foft The -. -ds purchased viil bc rctailed
hp;'w regulated 20 cover sl the working eSpens,
N. store, inrlr ling rent, clerk hire II. htt- tue
/ "'' a., TO VIII ch she'll lie added a uontingei
Is"h' the rate a "heh shall be decided by Il
o tslrci The II lstecs to hold = moltaly me.tn,
q. O.; wh.ch tcy = al! dceioe the rate ol prsht -
| ohNf-ct for tue ensuing month
fghh, Every s1ockbolder on max ng purch
slAA e@Albt suitable card ui oS'icr,hip, and 4
b. hhouAt oi AH purchases lie rex s,crcd ln u nv
ktp. Al the SO ~ ior that pUrpofr. The stochLold
> can hc,p du p..cate II he IS 50 ..sp,sed.
u S'fh; f.hy PERSON may, purchase goods at q
Z same ptl.,s -, those paid by stockholders Tut W
4 not y, sAt iIc ! TO an epatlngcut profits.
~ sum. u cry s.X months the stockholde
IS "Pnrehhr oo;" shaa nc posted up, and the ar
d. Luluers :iil9 Nci tpdp!1.e az eoian,oI,hssl IL,
v s'GGlLIIAAspLt 1 gasn