Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1890-03-20


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NUMBER 81.
ALLIANCE NA1fKRs.
Following ID tho revised constitution
Of the Alliance Exchange.
CONSTITUTION.
1. The name of this corporation shall
be TIE KANSAS ALLIANCE ExCHANGE
COMPANY.
9. The purposes for which this cor
poration is organized are: To conduct
a general mercantile business. to act +.
as agent for the purchase and sale Of
all kinds OF farm and orchard products
and general forwarding agents for all
kinds of commodities; to erect, manage
and operate warehouses. stockyards,
grain elevators, packing establishments
and all such other enterprises as may
be found necessary or advisable to
profit or betterment.
| s. This corporation shall have the
power by and under its corporate name
to enjoy the following rights and priyi-
lleges, to-wit: It shall be capable in
law to purchase, receive and bold and
enjoy lands, goods and chsttels of any
kind and effect whatsoever, the same
to grant, sell and dispose of. sue and be
sued, plead and be implicated, contract
and be contracted with, to make COM
mon seal, to alter or break the same. to
establish and put into execution by
laws governing the corporation and to
, do printing and publishing business.
4. Thecapital stock Of this corpora
ton shall be s50o, 600 divided into ohe
, hundred thousand shares of five dollars
each, and business shall be begun as
, soon as SIC, 900 shall be subscribed and
, paid in.
5. Subscriptions of shares of capital
stock shall be made by sub-alliances,
!. and by individual members of the same
!, and shall be accompanied by the full
amount of the stock subscribed.
6. All male members shall sub
scribe st least one dollar to the sub-ai-
, lliauce or individual stock to enable
I them to enjoy all the benefits of the
. Exchange, provided that no alliance or
{ individual shall own more than fifty
: shares OF stock.
Z. Receipts will be given for frae-
!. tions equal to one-fifth of a share. but
? representation shall only be allowed to
full shares.
= 8. Stock shall be nom -assessable and
). non-transferable, except to members OF
!. the Farmers Alliance.
8. Holders of fractional shares shall
). be entitled to full benefit of member-
:, ship in the association, except repre-
:. sentation.
10. Each sub-alliance. shall be en-
II Titled to one trustee stockhoider, whe
;" shall be elected at the regular election
70 of officers. He shall represent such
sub-alliance in the meeting of the trus
. tee stockholders. from and for the sub
ct alliances in that county. and shall bs
if entitled to as many votes as he repre-
eJ sents shares of stock.
IL. Individual stockholders shall b'
ha entitled to one vote for each share
es stock by them owned, and may be rep
- resented in person or by proxy at an.
A meeting of the county convention
81 trustee stockholders.
II. The sub-alliance trustee stock
lh.,lders shall at their regular annus
L Injecting elect from their number on
d delegate for all shares OF stock owne
's in the county, who shall be known a
o ,unty trustee stockholder, and shall b
!. .horfzed to represent the stock bel
lat county ~ the state meeting
-, est. ~ckhoiders Of the corporation
g nh. atitled to as many vots
!. as he rel r-sents s. sres Oh So "s
i trustee st. ,ckholder 81. -. r.,
Q sentative OF the exchans r.. snn, ,
: ance and sh all give bond in l. nee
S.. for the faithful performa.
:: duty. 49,
. 13. The regular annual meeting of
the sub-alliance trustee-stockholders
.. be at the same time and place as
> the regular quarterly meeting of the
Q county alliance in October of each
year.
, IA. The regular annual meeting of
the county trustee stockholders
Z shall be at the time and place of the
= annual meeting of the Farmt rs, State
!" Alliance Of Kansas.
15. The county trustee-stockholder
shall elect annually a board of seven
!, directors from the stockholders, four of
. whom shall constitute quorum.
( 16. The board of directors shall elect
from their number a president, vice.
!. president, secretary, treasurer and an
executive committee of three. They
: may employ or discharge such assistants
o as necessary, taking sufficient bonds to
I cover ali responsibility reposed- They
shall enact sIifahle lazes and re0uIa-