Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1885-11-12
CALIFORNIA FRUIT UNION.
TIE STATE CONVENTION AT SAN
FRANCISCO.
bylaws tGopted-Duties OF Officers
Defiued-Subscribe
to Stock.

to Stock.
From the REcoHD-UNIoN's Special Reporter
SAN FRAScIsco, November Il, 1885.
The meeting Of fruit-growers was not
opened this morning until about 10 o'clock
The committee worked late last night, but
was unable to complete its report until This
morning.
Mr.. Liyermore called for order in the a5-
sence of Professor Hilgard. and called NJ.
NJ. Estee to the chair, as First Vice
President.
Mr.. Estee said chat the first business
would be the reading Of the report of the
Committee on Bylaws. The report being
read, the Chair announced that the next
business would consist of subscriptions for
stock
Before any subscriptions were received.
| c. W. Hancock suggested that the bylaws
be again read, simply that those who pro
I posed to be stockholders might understand
! them and be able TO discuss them. This
course was taken. There were present
about eighty fruit growers at this time
No objection TO any Of the proposed by
| L.
! Campbell questioned the legality of a. pro-
vision concerning the issue of stock 1t
was provided in the draft that no certificate
| shall be issued for less than five shares of
stock, and that every owner of productive
| acreage may be entitled to subscribe. re-
gardless octhe extent of his acreage
| Mr. llstee said that no action could be
! taken CT this time. The committee had
| worked late and had given its best thought
! T., 4 a
| visions should come before the meeting OF
/ the stockholders for final acceptance.
| Other proposed bylaws were discussed at
! some length as the reading progressed.
! +. 9. De Long criticised Section 10. He
| thought it improbable that ordinarily it
would be possible for a majority of the
| outstanding stock to be represented person.
ally. lie also thought that the provision
| that 10 person should be allowed to repre-
sent by proxy more than ten times the
| amount OF stock he actually owns, was
drawn too closely The only way in which
4 great body of stock could be represented
| would be by proxy.
| \ VOICE FROM SACRAMENTO.
| Senator Routier, of Sacramento asked
| who was to say where the fruit was to be
marketed, and to whom. His inquiry was
to find out whether the fruit-grower is de-
| prived of the right of saying how his fruit
! shall be marketed. He doubted if few
men at the head of the corporation would
| carefully watch the interests Of the indi-
| vidual shipper. He addressed the meeting
| by consent at length raising objections to
| the proposed plan of organization speak
| ing with some warmth.
Additional discussion of anything outside
of the bylaw Immediately under consider
alton was ruled out of order by the Char.
1t was stated by the Chair that the bylaws
were now read only for information. The
| first business was really to give those pres
| ent an opportunity to subscribe for stock
After a discursive talk proposition was
made by Mr.. de Long, that thirty days
| should be allowed for stock subscription
| at the end of that period those directly in
| terested could assemble and perfect an
organization. He favored going slow at
this time, and said that to at once proceed
| to the election of officers, and then to depart
with a hurrah, might not be to accomplish
much
An address was made by Professor Hass-
man, who also read letter from Mr.. Cole
man, giving his views concerning the future
| of California as fruit-growing State.
SUBSCRIPTIONS TAKEN.
The taking of subscriptions was then
begun, a recess being taken for fifteen min
uteS, which recess was extended until l
0 clock, when ii was expected that organi-
| zation would be proceeded with The bv-
laws submitted by the committee for the
discussion of the stockholders are given
below. They embody what are expected
to become the principal features of the
Fruit Union. They are as follows:
BYLAWS OF THE CALIFORNIA FRUIT UNION
We, the undersigned owners of the number of
shares of stock in the California Fruit Union set
opposite our respective names. hereuto at
tached, which number of shares constitutes
majority OF all the subscribed capital stock of
the said California Fruit Union do hereby
adopt ana publish the following bylaws for the
management and control of the California Fruit
Union:
TRUSTEES.
Section /. Tho powers and authorities ncces-
sary for the full management and care of the af-
fairs Of the corporation shall be vested in
Board of Trustees, nine in number, who shall be
elected by the stockholders annually, on the
third Wednesday in January Of each year No
person shall be eligible for the Office Of Trustee
who shall not hold, at the time of his election.
five shares of he stock of the company And
the office of any Trustee shall become vacant
whenever he shall cease to hold said minimum
quantity OF stock associated with equivalent
producing acreage. At the first meeting after
their election, which must be held y thin ten
days thereof the Board of Trustees shall organ
lie by the election OF one of their number as
President, and second rs Nice-PreSident for
their term. Ihcy shall also elect Treasurer.
who may or may not. be one of their number.
need not necessarily be stockholder. They
shall also appoint a general manager. who may
or may not be one of their number, to hold
once during the pleasure OF the Board,
and to perform such duties as the Board
may, by vote, prescribe. They shall fix the
salaries and amount of bonds of the
Secretary, Treasurer and General Manager
and see to the proper fling of such bonds and
their maintenance in uuimpaired suilicenav of
security. They may fix their own times and
places OF meeting for the transaction Of the
business OF the CpTBOrHTlHu and ufpr,t
such rules and regulations for their government
and ior the management of the affairs as they
may deem desirable, and not inconsistent with
the provisions of these laws. Trustees shall re-
ccive no compensation for their services to the
corporation as such, but shall be paid their
actual travelling expenses in attendance upon
any meeting of the Board of Trustees.
THE PRESIDENT.
Section >. The President shall be the Execu-
tive Officer of the corporation, and shall preside
at all meetings of the stockholders and of the
Board of Trustees; shall sign, with the Secre-
tary. all certificates of stock, potcs, deeds, con-
tracts, leases. and generally exercise all other
authorities and perform all other dut.es CON
neCted with the affairs of the corporation reutIi
site and appropriate to such Office. He shall re-
ceiye such compensation as may be fixed by the
Board of Trustees for his services to the corDo-
ration as President, and shall be allowed actual
travelling expenses in attendance upon any
business appertaining to the affairs OF the cor
poretion.
THE vIcE-PREsIDENT.
section . me ice-i ifesldenL snail IN The alb
| sence or other incapacity of the President per
| form MS duties and exercise his power, being
subject to the same rules as to compensation and
expenses.
MEETINGS.
Section !. Special Meetings-The President, or
in his absence, the Nice-President, may call
special meetings of the stockholders of the
corporation or the Board of Trustees whenever
in his Judgment, the interests of the corporation
require, or at any time on the written request
of ten stockholders of the corporation caus
| ing in the case of the stockholders, two weeks
notice OF the meeting and its objects to be puh-
hshcd in some newspaper in the county n
which the corporations principal business
Office is situated and in the case of the Board
of Trustees at least three days notice to each
| member Of the Board. personally or in writing
addressed to his last known place of abode
provided, that when all the stockholders a the
corporation or all the members of the Beard of