Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1891-09-23
KANSASALLLANCE EXCHA NGE

broken In several places.
KANSASALLLANCE EXCHA NGE.
The attention of trustee stockholders and
alliance members generally, is called to the in
formation contained in this circular:
MEMBERSHIP AND REPRESENTATIONS
All who are subscribers to the capital stock
are members. Members who hold certificates
OF one or more shares of IS each, are entitled
to representation in stockholders meetings in
their respective counties, either In person or
by proxy. They are also entitled to represent
their stock in the same way at the annual
stockholders meeting. A large amount of
stock is issued to sub-alliances to hold for the
members of the same, who subscribed In small
amounts. This is known as sub-alliance stock
and Is represented by the sub-alliance trustee
stakeholder. at the county stockholders meet
ings. Many members hold fractional shares
which have no representation. Others hold
fractional share receipts which are included
in surveillance stock, and get representation
through the trustee stakeholder
ELECTION OF TRUSTEE STOCKHOLDERS,
Sub-alIiances holding stock in exchange are
entitled to sub-trustee stakeholder who is
elected at the regular election of officers. The
nual meeting, elect county trustee stockhold.
or. Their annual meetingis held in Octobe,
of each year, at the time and place of the regu
lar quarterly meeting of the county alliance.
VOTING.
The sub-alliance trustee has one vote fol
each share OF stock he represents. The coun.
ty trustee stockholder represents all the sub
alliance stock in his county at the animal
stockholders meeting, and has one vote for
eacn snare of stock represented by him. He
may represent the individual stock of his
county by proxy. He should have authority
in writing from the individual stockholders
for this purpose.
ANNUAL MEETING-TIME AND PLACE.
The annual stockholders meeting occurs on
the first Tuesday after December 18th in each
year. 1t will be called to order at 10 O'Clock
on that day, and will continue until the bust
ness is completed. The board of directors are
elected annually at this meeting. The place
of meeting will be at the headquarters of the
Exchange in Kansas City, Kansas.
SPECIAL ITEMS OF INTEREST.
We have over 5000 alliances in Kansas.
About 400 of these are found on our books as
stockholders, either by having sub-alliance
stock issued to them, or by individual men,
DerS being stockholders.
The amount of stock held by each, varies
from one to over one hundred dollars.
over LOCO sub-alIiances in the state have not
one cent in the Exchange.
The calamitous drouth of 1890 stopped the
subscriptions Providence has smiled on our
fair state this season and we expect a wonder
full revival in the way of subscriptions to our
capital stock this fall.
OUR GREATEST NEED.
large increase of paid up capital stock is
our greatest need. The investment is perfect
ly safe and will pay our brethren from a bust
ness standpoint more than anything else. Our
business has been crippled on account of this
lack. We need warehouse We need orr
own agencies for marketing products. We
must be put in position financially to back
larger contracts. One deal by the individual
will often save more than his substitution. as
thousands can testify.
HOW TO INCREASE THE CAPITAL.
First. We should have subscription from
each of the 900 alliances not on our books
Second. Every mem Der who has no stock
IN the Exchange should subscribe from one TO
five dollars at least.
Third All members who hold fractional
shares should increase these to full shares.
WHEN TO SUBSCRIBE.
Now. This should not be delayed. Each sub
alliance should make the Exchange part of
its regular order of business The secretary
Or other officer should take the subscriptions
and send the same to H. W. Sandusky, secre-
tary, at Kansas City, Kansas, giving name and
postoffice address of each subscriber, and num-
Der and name of alliance. The stock will be
issued and returned promptly.
WILL 1T PAY TO SUBSCRIBE?
Yes. If the Exchange had in stock subscrip-
tons one half what we have saved to the farm
ers Of Kansas during the past two years, our
capital stock of five hundred thousand dollars
would be fully paid up.
The exchange made large contracts, tine past
two seasons, for binding Irvine and sold direct
from the factory to the farmer; and have rev.
olutioniZed the implement trade in the state,
thus saving thousands Of dollars to the farm,
ers on these two items.
In every place where the business of the Ex-
change has extended, general cuts in prices
On almost everything has been the result. The
consumer has been the gamer.
THE EXCHANGE NEEDS your PATRONAGE
Manfacturerswill contractwith the exchange
il we can sell their goods. If the people will
not buy from them direct, they must go to the
middle men. Direct trade will prove a failure
and old prices win again prevail and we farm
ers will stupidity submit to the humiliation that
has always been our lot; if we have anything
to sell we will ask, what will you give?'' If
we have anything to buy, we will ask, ''what
will you take?" Cooperation will lift us out
of this.
WE MUST HAVE GENERAL COOPERATION.
The highest success must come from COM
prehensive system of cooperation. The vari-
Gus state Exchanges should work together
The county and local Exchanges and cooper
alive stores cannot prosper nor benefit the peo-
pie very largely by standing alone. Their
business must be concentrated fully. plan
is being developed which will. we believe, &C
complish this result.
OUR LIVE STOCK INTEREST.
The American Live Stock Commission Com
pany is still handling our live stock at the
stock yards, Kansas City, Mo. The company
is not out of business as our enemies report.
There is no shadow of discrimination against
them, all the packers buying of them just as
readily as any other commission firm at the
yards. comparison of our sales with the
sales OF other firms is invited. 1t will convince
any one that ours is one of the very best
houses and well worthy the patronage of our
members
Consign your stock to Edwin Snyder or the
American Live Stock Company, Kansas City.
Mo. Prompt sales, immediate remittaaecs.
Market reports furnished TO shippers.
ORR GRAIN BUSINESS.
We have prepared special circular relating
to this which will be furnished on application.
KANSAS ALLIANCE EXCHANGE Co.
Hustled Building, Kansas City, Kans.
We want enough cheap money in cir,
feniafiou tn 0raaso fho uhaoIc nf ,.ora