The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1868-02-08
COOPERATIVE NEWS.

COOPERATIVE NEWS.
Co-oPERATrvg BUILDNa SocMTY.-We find
the following plan for Cooperative Build
ing Society in the January report Of the
Amalgamated Society Of Carpenters, and re
commend its perusal to our American
resders:ss FFsft gm ttsfrsst
1. TbatA cooperative building society be
formed by members only Of the Amaleama-
ted Society OF Carpenters and Joiners, with
power to raise capital of $4,000 in shares
OF FL each, payable in ten calls of 2s. each,
or twenty calls Of Is. each, as might be de-
cided, such calls to be made not oftener than,
say, once q month.
2. That board Of directors be elected by
the shareholders, for the purpose of carrying
out The objects of the society.
3. That i've trustees oe elected, and the
whole OF the monies aud property be bank
ed, invested, or transferred in their nanes,
under the supervision Of the directors,
for the benefit Of the members OF the So
ciety.
4. That treasurer be appointed to re.
ceive all monies, as per calls, &C., and
pay over the same to the trustees.
D. That the directors be empowered to
purchase freehold ground for the purpose
Of building houses in different districts,
and IN such parts of the kingdom as where
they may consider Q. good and safe re-
turn may be relied on; information a.
regards This may be easily obtained Through
the medium of the different bsanohes Of
our society.
9. That a managing man be appointed
BY the directors for the purpose Of carry
ing out the work as decided upon, with
power to purchase all materials required.
The vouchers and bills for the same to be
submitted to the directors for approval.
and order OF payment by the trustees. or
treasurers TO trustees on behalf of the share.
holders.
2. That the managers Of the different
jobs as appointed, VIII To required to car
ry out the work In . fair and proper man.
ner, and so rs not 70 exceed ID amount
the estimated price for the work under
his management; and &has he be paid
weekly, and be subject % dismissal for
misconduct, according sths usual custon Of
the trade. a
8 That the whole Of the different ollces
be hlled by shareholders, 50 a 10 ensure q
personal interest by them in the WellAre OF
the society and its undertakingn.
y. That plans, specifications, and estimates
be furnished by the members (where practic-
able) TO the directors for approval either by
compenton or otherwise, as may be thought
fit, as feel satisfied there are pIsnfy Of our
members - capable Of performing that part
Of the business as many architects: men
who, comparatively speakipgssps at present
~ the dark, and who teQuirs only 70 be
brought out TO reflect abiliE4 o. themselves
and credit to the trade % which they belong.
Andfam confident thstn this aboula Be
approved and carried oat in 1 similar man
neE, and With As much care, ECONOMY and
honesty, As the Amalyamated Society Of Car
pentsra and Joiners has been hitherto, ,its.
success Is certain. would be the means Of
employing our surplus labor to great tx
tent, and consequently reduce our expendi-
tuFes which = no mean object; 1twouid be
running no risk with the funds Of our socie-
~, nor any violation Of its rules, we should
be in position to undertake any Job that
might present itself and be worth having;
we should be getting interest on the outlay,
and II found desirable. the donation money
thus saved could be invested In the pureh ase
OF the property, 50 a. 10 form substantial
and permanent fund on which We could de-
pend for assistance and support Of our su-
benefit F
II this should meet with the appreciation
Of seine Of our old and experienced mem
bers, Qeeing but = young member myseif,) n
shall be very glad to hear from: them and 20
more fully into 1t, a. think It wrong that
after 90 many really good suggestions that
have appeared at times in the Monthly Re-
port, nothing has been taken up and acted
upon for our mutual benefit.
Mr.. r. ]. Hnrox. Of Wasksax.os. i an
gagged yT9ns PREPARATION ~ : work xissue the
results Of investigations, personal aud other
wise, into the progress Of the co operative
movement as applied 20 distribution, pro-
iuction, and credit During 1 recent TIN
to Europe, he visited all the leading enter
prises connected with this great principie--
1ne which Il destined ultimately to dsmo- |
sratixe the wealth Of the world By providing
equitable methods RI disFibuu M 1t more |
airlY than il now the case, and without 10 |
my way, - Ia Soci11istit movements, bree.s
lown the principle Of individuality. In con-
lectiOn with this work, the author desires to |
resent . HISTORY of American efforts in this |
direction. Societies in u.s. 1ky, or else
IA 9o-opsratiSe Stores, Build /
ng, and othsr Mn1uni, Beneat, Trsdes 1
jRiauss md Labor Hufo1n Associations
rin grady fkcilatAts u w1rk 81 forwarding
0 him their ponstik1tiDna ~ reports, d
Iell a. ~ other in1orln4lion fIIey can give
$ . ske prsctIcaI worknss y thsir various
ssQniAfonK
Co.dpaArfyn Fk,rrSd. 4 cotrespondent
4 kNa fla.t - =. 80. -...y -