The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-12-20

depots shall be accompanied by an invoice
at the price Of the agency TO which such
nails haze been shipped. For all nails
shipped direct from the tactory 70 p
purchaser an invoice shall be sent to the
agent Ordering the same at the prices Of
which such sales are made.
Agents having depots shall remit as the
money comes intotheif hands TO the mills
carrying stock at said depots as nearly as
possible in proportion to the value otthe
stock carried. When agents orders are
shipped direct from the mill the agent
shalt remit Lpromptly to the mill making
the shipment less 9 per cent for expenses
rs heretofore provided. :.
Attic close of each month agents shall
render TO each mill contributing stock 10
his agency and to the Board OF Control an
account OF the stock on hand with an &c
count Of nails received during the month,
and aIl the sales made during the same
time, or ut agencies where no stock Is
carried an account Of sales, and on or
before the 9Th OF the succeeding month
shall remit the remainder OF the product
Of said sales, less 9 per cent as hereinbe-
fore provided, 10 tho mills to which the
same shall be due, iot l..l''..
SIXTH. For accomplishing the purposes
set forth under subtitle c., section Second,
viz: the fixing and regulation Of prices,
the Board OF Control shall have power,
subject TO the approval Of three-fourths Of
the Association, to fix the card rate on
nails and the prices at the several agencies.
Ali sales made, whether shipped from mill
or depot, shall be in lots Of 200 kegs or
more, and no sales shall be madein lots Of
less than 200 kegs.
All sales shall be for cash and orders
shall be accompanied byla remittance fol
the full amount OF the invoice, or the agent
shalldrawiat sight against bills OF lading
and no sales shall be made except on these
ltarrnRg lfui Do stJ5all u't .Hiflhlfy e
Mills shipping nails to depots shall pay
all expenses of placing nails at such de
pots, including freight, drayage and in
%surance.l ic 'fPt3 ihH' lel
The price fixed at which nails shall b.
sold at agencies shall bel. o. b., or or
orders for city, trade in places where agen
lciess are established free at store Of pur
chaser. The price quoted OF all nail;
shipped from mills shall bel. o. b.
No orders shall be accepted or entered
except for immediate delivery.
SEVENTH. For the general regulation o.
the affairsof the Association it is agreed
that
A majority OF the members OF the Asso.
citation, either present in person or repre-
scented by formal proxy, the form Of which
shall be prescribed by the Association
shall constitute o quorum, and it shall re
auire q two.thirds vote OF all those present
in person or by proxy to pass any motion
or resolution, except such as by the terms
OF this agreement require q different vote
Each firm or corporation shall be en-
titled 10 but n vote. '
The officers OF the Association shall con
sist ola President, a Vice President,
Secretary and Treasurer, who shall bt
elected annually by ballot by the Associa
ton, and q Board OF Control who shall be
elected annually by ballot as hereinbefort
provided. The duties ofthese officers and
their compensation shall be such Us are
prescribed herein, or may be prescribed
in suitable bylaws.
This agreement can only be altered Of
amended by the written or worded con
sent OF the members Of the Association
and such alterations or amendments shall
become q part OF this contract and have
full effect as though a part Of this origina
contract.
This agreement shall remain in force fol
the term OF three years unless the Associa
ton Is sooner dissolved, which can only b,
done after the expiration Of n year, ant
on the joint petition Of any Ave member
Of the Association, having given sixty day
tice, in writing, o. their desire so to do.