Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1874-11-14
COOPERATIVE STORE.

11cSiiSNcif di1ie sd- w tlSu1, DiOuutiuk
Grove and Tarsus Oranges. Patrons Of
Husbandry, met at Corbandale, Tenn,
on the 9th dayo November, 1874. for
the purpose Of considering the practi-
eability Of establishing Co operative
Grange Store or Suppls House. The
meeting was called to order by R. III
0gburn and on motion. DR.. J. d
Marable was called to The chair. who
after briefly stating the object Of the
meeting. appointed T. NJ. Reynolds
Gate Keeper and u d. Tomiinson
Secretary.
r. H 0gburn presented an address
which was read, setting forth the ad.
vantsges of q cooperative SYSTEM Of
banking and commerce Ga motion
the chairman appointed committee
of five, consisting of ore memherfron
each Grange represented. to deviseand
present for the consideration Of ths
meeting a plan for establishing anG
conducting the business of said House
who retired and, after consulting, pre-
scented the following preamble ane
resolutions, which were adopted
/ WHEREAS, In view Of the compare,
| tive failure of crops and consequent
scarcity of money, We deem il neces
sary that We practice economy in al
things available, and believing that BY
establishing a Cooperative Store OF
Supply House We will secure to our
selves advantages in procuring oul
family and agricultural supplies which
we do not now enjoy, and believing i
to be duty which we owe and canno
deny ourselves and f1nilies to seel
and avail ourselves OF all such ad
vantages; therefore,
Resolved, That We establish sait
! Cooperative Store or Supply Houst
by the members of Ebenezer No. 36S
Palmyra No. 365, Wilson No. l4S
Blooming Grove No. 9S5. Tarsus No
l49, and other Oranges that may Sc,
proper to cooperate with US, sub
scribing and paying in as a joint stocl
fund, in shares of ten dollars each
a sufficient capital to establish sale
house, each member subscribing for al
many shares as he or she may ses
proper, not exceeding twenty-five.
Resolved, That the stockholders o.
each of the above named Oranges shall
annually appoint one of their mem
bers respectively, who shall organize
themselves into an executive commit
tee having power and authority to con.
! troll and direct the management of sale
house, and whose duty it shall be; 1st
to receive and issue certificates for al
shares or money paid in for the pur,
/ pose of establishing said house; End
/ to employ an agent to take charge o.
and conduct the business thereof a:
Instructed by themselves, giving tt
said agent such discretionary powers
only as are necessary for the proper
conduct of the business; Sd, to ex.
anime into aud report to the stock
holders of their respective Oranges
the condition of said house quarterly
4th, to discharge said agent for wilful
negligence Of duty in the interest Of
said house or for ineOmpetency, and tC
employ another in his stead 9th, e
! perform such other duties as may from
time to time be required Of them by
the stock holders. sa
Resolved. That the majority of the
stockholders shall have power TO dis.
charge any one or all Of the said exec,
utive committee for negligence of duty
| or for incompetency.
Resolved, That no stakeholder shall
have the privilege of withdrawing his
or her capital stock within FIVE year:
from the time said house may be es.
tablished but shall have the privilege
of selling or otherwise transferring
SAID stock to any other person who j:
a Patron of Husbandry.
Resolved, That the stakeholder:
above named shall, through their exec.
utiye committee, establish rules ana
regulations for the government Of said
house, embodying the above preamble
and resolutions as part of the same
and submit the whole for ratification
to the stockholders of their respective
Oranges.
! Resolved, That we recommend Cor.
bandale as the most eligible point fol
the location Of said house.
On motion, the chairman appointed
committee to solicit subscriptions Of
stock, said committee composed o.
two ladies and two gentlemen from
each of the above named Oranges, a:
follows:
Targus Grange, Miss Mat. Smith
Mrs. NJ. C. Powers, B. Corban and Z
D. Tomlinson
Ebenezer Grange, Miss Jennie Var.
brough. Mrs. VIM. Allen, J, F. Smith
and S. W. Grimes.
! Palmyra Grange, Miss Z. A. Weaver
Mrs. j. ". Powers, J. NJ Swift and
A. Eldridge.
3 Wilson Grange, Mrs. J.5C. Tyson
Mrs. Mary Ogburn, A. j. Fletcher and
I /. +. Howard
Blooming Grove Grange, Miss Jen-
ME Bowers, Mrs. f. Leigh. Levi Coop
/ er and j. f. Outlaw.
On motion, copy of these proceed,
iDgs was ordered to be sent to the
/ GAINESVILLE CHRONICLE and also to the
Tobacco Leaf. with request that they
| publish the same.
The meeting then adjourned tc
meet again at Corbandale, on the 10th
inst
L. d. ToMLINsoN, Sec'y.
MAGNIFICENT REQUESTS.