New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-07

PLAN OF THE STOCK COMPANY AGREED UPON

Meadowbrook. v. V. oct. 6.-Sccrctary smith. Of
the Milk Producers Union, has issued a card to the
members Of the uuon giving the work Of the commit
tee appointed at MIdlctown on August II to arrange
the detail, Of a stock company plan. Mr. smith says
In part:
4 majority Of this committee met and discussed AZ
9Th the different plans and suggestions which wcr"
presented for the organization of stock company.
g" y' wSS ' ao az w s% ,' dce a
necessary for the formation OF a company and report
mi,tec consisted OF President F. q. Scci"y l.. H. =
Martin, the Hon. q. ID. wheeler. the Hon Nathani'l
ty '' and c" EHt plans submitted to them And
after examination Of the law, OF the state OF New
"f stock companies submitted the following report 10
the "NcclI;ivc committee:
This commltc" being appointed to revise and finish
preliminary ,"ri~ Of bylaw. d. after tn Nr,
consideration Of the laws Of the state OF New York ~
"r in view OF the demand on IN" part o. p rndm,mr,
for stock c"np1ry. that th"v. ~" SAID rNr','lV,'
c'.mrany. in a""r,aMrr viii the law 'c,,ins |" the
subject to Wit The naming nf a Inar'l Of tom,n,-
Lc rc,idc;t, Of New York state: said Eoarl o.:
Commissioners T. make and i,'' with HE '"'r"iaN o,
open subscription books When SUBSCRIPTION j. ",.'aiat
made 10 per cent must h" paid down, - per cent
Years. on the demand ot ,,c trustee, and whcn
half OF th" capita! stock In, I"r cuhSrrl,Id ,r'
i,r th" pnrlc>c Of adopting by laws ana e'cc''hS
Of said board Of Cunml, ,on"r> would be- sven for
Now i"ra state thr"c for N"w leroy: and one rlrh
chu>ritS.
We further respectfully submit tho following ont
limo
That tho name Of said St'"i COMPANY should be
milk f he h%y; ,G pr h. r a,r dispose
"C,pltai- $ic0"oo.
NmmInr Of Share, 10000 Of go each
"rh" number II Trustees aId their name. who shall
manage the concern, Of the company ir the first
"rAo p'c" or plarr, whrr. the company sh,l carry
i,r, aI. , In VIZ tatrl of yr Y~ Sew S ~+rr
Inrrsylyana. Cnnc,tcut aud M,>.a' OTIS.
w. n% tnrihrr s in , ' ara '" %% Sal nr
producing milk I'm ratio T. III. capital >tock as the
'nr ma J." d",r'niH.t TT tie b; law,. carr. for
"Th" primary "'"ct heinz T. protect aud aid 'hc
daily ministry. ard cicouri-" anl me pro
'l.,i:i, 81 pui" wm'c-"m". uhadn'"mt"d mix ana
w., further rcc,rnrond that the present orcaniza-
ton ". retained ~ AL f. "S>"n'l features and that
, portion # ~" present constitution l." cneraf:cl upon
ih, hy Las, If he t'cil company Whenever t." latter
And d, further m - "ain"'ly rec, rnm'5d 70 ne
e'n, ma, ia.N r r,M" , n a. " arG
80 mon, fariltic' for handling. hotn: aud shipping
W.. ,l.o recommend to tho c,ccu'ivc committed
.,r, .h.y hail appoint OF NOR" men who shall
r,, ~" sections for I'll" pii o." Il" '''ns ~, '",S"
iorj % -',".!; company. NJ! % winch Is re, poet
'glly -uhrl .''..l."
maioiit. ., The oy"cu'.v" committee met Cop
"rii',t IT, ard approved thu FOREGOING report " ~"
M. ~ -" f,l'nIn r"-"lr'"n:
E..,,',.i rhni -. tn" "l"i''""- 4 Tho EN'' ~
,o,i...r ir.,. iay. Il" approx" =" 1h"r~ - = :"
'"r1l,'t~" ." l,'" ard r''"'rn nd that 'h"% pT''""d
1' :.t.v ~ rc.rr' % COR ''-' ',,s '''n ap
:' :" n-m TIE "r;arD,'r 81 I'"h
y - III, rlo" N,'na"nl " Iuvri'. N"nro" "r,'"''
,oY"r, y. Y: = J. N."M r""Im. lW'"l -,
,.l,,,. : :. e &. smith. N"ad"w l.n'.,h. "'a' q"