The Brookhaven leader. [volume] (Brookhaven, Miss.) 1883-1891, 1888-05-24
of the Board of hi
rectOrs of the Alliance
Exchange.

the Alliance Exchange of Mississippi, the
following met on the 3rd day of May in
Durant ut the West House: d. L.
Smythe, President; J. Q. Hyde, Secreta-
~; L. ii. Freeman, j. /. Wade, j. G..
Hamilton, L. l.. Darden and II. T..
Hutching.
On molten committee was appointed
to draft bylaws and report the same.
The committee on bylaws made the fol-
lowing report, which after discussion was
adopted:
This Board Of Directors of the Farmers
Alliance Exchange of Mississippi, shall
consist of the following officers, viz: A
President, whose duties shall be to pre-
side at all meetings, receive, approve and
preserve all bonds, as Chief Executive of
this Board. In his absence the Board
may elect President pro TEN and per-
form such other duties as may be requir-
ed. Also secretary, whose duties shall
be to keep record of the proceedings of
the meetings Of the Board and such other
duties as is customary.
The stockholders of this Board of Di-
rectors after having elected their Execu-
tive Board of three shall designate one of
said Board of Directors as Financial
Agent, whose duty shall be to receive all
money subscribed to the Farmers Alliance
Exchange Of Mississippi, receipt for same,
and issue final certificate when final pay
ment is made upon said stock, said certiti-
cate to be signed by the President and
Secretary of said Board of Directors, and
deposit all funds for said Exchange in the
Bank of Sardis, at Sardis, Miss, subject
to the order of said Board of Directors of
the Farmers Alliance Exchange of Mis-
sissppi, and said Financial Agent shall
give good and sufficient bond in the
sum of S25, 900 for the faithful perform
ance of said duties.
All moneys drawn by the said Board OF
Directors shall he by the order of the
Board upon a warrant issued and signed
by the Secretary and President of said
Directors. Said Financial agent shall re-
port monthly and oftener if called upon,
to said Executive Board of the Directors
and President.
That the Executive Board be instruct
ed to publish call for bids for the estab-
lishment of the Farmers Alliance Ex-
change of Mississippi, reservng the
right to reject any and all bids.
All officers shall be elected annually at
the expiration of their term of Office !;
they shall deliver to their successors in
Office all books, papers and property in
their possession belonging to said Associ-
alton. That majority of the districts
represented, constitute quorum for the
transaction of business.
On motion brother S. c. English was
unanimously elected Financial Agent of
the State Alliance Exchange.
Resolred, That the Board of Directors
of the State Alliance Exchange, urge and
request the members of the Order, sub
and county alliances, to bring the matter
prominently before their members and
urge them to subscribe to our State EX-
ClldIISe anu StIu inc iuOHeS 10 -. y. EuS-
fish, Financial Agent, Sardis, Miss.
Res0lred, That the Board of Directors
of the Farmers State Exchange are here
by requested TO use their best efforts to
secure the canvassing Of their respective
territories in the interest of the Alliance
Exchange of Mississippi.
ReSoIred, That the President of the
Board of Directors be appointed COM
mittee to have circular letter prepared
and published in the State Organ, and
also to have 1000 copies of same printed
and sent to county secretaries to he dis
trbuted to sub alliances, and request that
the same be read in open alliance.
On motion, the proceedings of this
meeting be published in the State Organ,
and that all papers in the State be re-
quested to copy the same.
On motion brother English be author
lied to purchase seal of proper design
for the use of this Board.
On motion, that when this Board ad-
journ, it be to meet in the city of Winona
June Goth, 1888