Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-02-17

and directors; summons all epecisI meet
ings of the board OF directors; keep 6
correct record thereof; keep account Of
Ill stock taken in the association, and de-
posit with the treasurer all money re-
ceiyed by him, at least once in every
thirty DAYS, and perform such other du-
ties as may be assigned Elm by the board
q directors,
Sec. 4. Board OF Directors-The board
OF directors shsll in sll things act for and
in The name of the association, and all
Gets and orders CT the directors under the
power delegated to them, ehall have ike
force and effect as the acts of the associs-
ton ST regular meeting thereof. ALI
questions shall be decided by majority
OF the votes present. The directors shall
designate the salaries or compensation to
be allowed the officers and employees, and
report to the association st each annual
meeting the condition of the association.
ARTICLE vI.-BONDS.
All officers and employees, appointed in
any department, requiring the receipt,
management or disbursement Of money,
shall give bond with such security as
msy be deemed sufficient By the board Of
directors. All bonds Of the association
shall De msse payable to the president
and his successors IN office. The presi-
dent shall be the custodian Of al bonds
Of the association.
ARTICLE vII.-MEMBERsEIP.
Section l. Any cooperative sssocia-
ton Patrons Of Husbandry, subordinate
grange, OF individual member off tie
order may become member OF this So
socistion by subscribing for one or more
sCciations, Patrons of RusbandrY, SUD
ordinate oranges and individual stock
holders who are Patrons Of HusbaudrY
shall be entitled to enc vote.
Sec. 2 Non-pstrons Of husbandry may
become stockholders in this association
on the same terms as other stockholders;
and shall be entitled to the same beEeats,
except that such stockholders shall not
be entitled 10 vote or hold Cfflce.
ARTICLE VIII-LIABILITIEs.
| Section l. All stockholders st the time
of subscribing shall psy ten 90 per
cent. Of subscription; ten per cent. addt-
tional being subject to call Aug. l, 1888;
aud ten Q0) per cent. additional beiog
subject to call every six months there
after until the entire amount subscribed
for shsll have been paid.
| SIC. z. Ii SUBSTITUTE euBn Ihu W
pay any iustallment within $50 days
after notice has been received, the stock
subscribed for and installments paid shall
be forfeited to the association.
Sec. 8. Ircorporators and shareholders
shall be liable for debts contracted by the
association only TO the amount OF shares
held by thsm.
ARTICLE IX.-AMENDMKNTs
These bylaws may be altered or
amended at any regular meeting OF the
association by vote Of tWo-thirds Of the
members present.
On motion the committee went into on
election Of board oI.dIrectors, which re-
suited as follows: W. q. Harris, Rich
srdson; A. j. Rose, Sslado; j. S. Rogers,
Galveston; j. c. IsbelJ, Temple; A. W.
Buchanan, Bryan; A. NJ Kellar, Temple;
W. A. Shaw, Dallas; ]. L. Ray, Mineola;
W. A. C.srk, Temple.
On motion the following committee WSs
appointed on location to receive PROPOSE
items from localities: W. A. Shaw, A.
NJ. Kellsr, J. L. Rsy
The following were appointed as can
vsssers for stock in the association: A.
NJ Kellar, W. H. HsrTis, j. G. Isoell, j;
L. Rsy, A. ". Buchanan, W. A. Clark, j.
E. Moore, Joseph Cster, J. 7. Freeman,
with others to be Sdded.
The following resolution wss adopted:
Resolved, that the canvsssers appointed
be authorized to take and collect sub
scriptions OF stock; and they be required
to report the name and postcftice OF sub