The patron of husbandry. (Columbus, Miss.) 1875-1883, 1880-09-04

remainder at the quarterly meeting IN July,
or at the next regular meeting thereafter,
and shall hold their several offices for the
term of one year, and until others are
elected.
XIX.-ELIGIBILIT
No member shall be eligible for the
office of Director Except at the first and
second elections after the organization)
who has not been a member six months;
and no member shall be eligible for the
Office of Chairman (after the first cleo
tom who has not been a Director in the
Association.
XX.-ELECTIONS.
All elections shall be by ballot.
XXI.-vACANCIES.
All vacancies shall be filled temporarily
by the Directors until the next regular
meeting, when such vacancies shall be filled
by the Association.
XII-MANAGEMENT OF BUSINESS.
The Directors shall have the general
management and supervision of the bust
ness of the Association; shall appoint the
statesmen and other EMPLOYEES; and shall
assign to them such duties and coinpensa-
tons as the Directors may think fit.
XXIII.-DIRECTORS
The Directors shall meet at such times
and places as the Association may desig-
nate.
A majority of the Directors shall con-
stitute quorum.
The Directors shall in all things act for
and in the name of the Association, and
all acts and orders Of the Directors under
the powers delegated to them shall have
like force and effect as if they were the acts
and orders of a majority of the members
of the Association at a regular meeting
thereof
All questions at such Directors meet
ing shall be decided by ma jority of votes.
Any two of the Directors may call a
special meeting thereof by giving three
DAYS notice in writing to the Secretary;
but no business shall be transacted at such
special meeting but that specified in the
notice.
The Directors shall convene the meet
ings of the Association as is herein men
toned and shall cause the accounts of all
business carried on in behalf of the
Association to be regularly entered in
p1 oper books, and shall cause a statement
of the accounts of the Association, with all
necessary vouchers up to the last day Of
the previous quarter or ten days before the
quarterly meeting, to be made out and laid
before the Auditors not less than ten days
before the quarterly meetings of the Asso-
citation.
All committees shall be subject to the
Directors.
XXIV.--MANNER OF CONDUCTING
BUSINESS.
All money received on account of shares,
contributions, or otherwise, shall be. paid
to the Treasurer, unless otherwise ordered
by the Association, and shall be with
drawn only on the written order of the
Chairman, countersigned by the Secreta-
ry, by a vote of the Directors; and so
much of the funds of the Association as
are not wanted for immediate use or TO
meet the acruing liabilities, shall, with the
consent of the Association at any regular
meeting, be invested by the Directors.
The business of the Association shall be
conducted for cash. All persons trading
with this Association shall be furnished
with checks representing the amount of
their purchases.
XXV:-INVESTMENT
This Association may invest such por-
ton of its surplus in any wholesale Co
operative Association as the Association
may determine, notice of the same having
been given at previous regular meeting;
and such investment shall be made under
the supervision of the Directors.
xXVI.-CHAIRMAN.
The Chairman shall preside at all meet
ings of the Association and of the DireC
tors, and in his absence Chairman shall
be elected PRO tenn from the Directors.
The Chairman shall, sign officially all
contracts, also the record of the proceed
ings of ali the meetings of the Associa-
ton and of the Directors.
XXvII.-sECRETARY
The Secretary shall attend all meetings
of the Association and of the Directors;
summon all special meetings of the Direc-
tors; keep correct record of the proceed
ings thereof; shall sign the same officially;
shall countersign all contracts; and shall,
on all occasions, in. the execution of his
Office, act under the direction and control
of the Directors.
XXVIII.-TREASURE
The Treasurer shall be responsible for
the money paid to him on account of the
He shall balance his cash
accounts weekly, and.furnish the Secretary
with a duplicate thereof, and shall, if re-
quired, attend any meeting of the Asso
citation or of the Directors.
XXIX.-SECURITY.
Every person appointed to an Office re-
curing the receipt, management, or ex-
penditure of money shall, before entering
upon the duties of his office, give such
security as may be deemed sufficient by the
Directors.
XXX.-SALAR1ES.
Atauy quarterly meeting of the Asso-
citation the majority Of the members pres
ent may assign to any officer OF the Asso-
citation such remuneration or salary a. may
be deemed proper.
DISQUALIFICATION.
ANY Director shall vacate his Office if |
he holds any other office or place of profit |
under the Association, except such as may |
be assigned to him by rule Xxx, or if he |
is interested or participates in the profits of
any contract with the Association. But
no Director shall vacate his Office on ac- |
count of being a member of any company |
or association which has entered into CON |
tracts with or done any work for the Asso- |
citation of which he is Director, Pr0vided |
that such Director shall not vote in respect |
to such contract or work.
No salesman or other e1nploye of this |
shall serve as Director or |
Auditor, or be allowed to vote for any |
officer of this Association.
lXXXII.-A AUDITORS.
The Auditors shall audit all accounts of
the Association and see that they are cor
rectly kept; and shall present, at each |
quarterly meeting. balance sheet of all |
the receipts and disbursements, and also of
the assets and liabilities of the Associa
ton, signed by them, together with state i
ment of tie affairs of the Association since |
the last quarterly meeting, and of its then
condition They shall have authority to
call for and examine all records, vouchers, |
papers and documents belonging to the |