The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-09-11
circular Of the zaasas Aulzaes EashanEs
Company

&
counties. either in person or by proxy
They are also entitled to represent
thsir stock in the same way st the
annual stockholders meeting.
A large amount OF stock is issued TO
su0-aIliauees to hold for members or
the same, who subscribed in small
amounts This is known IS sub
alliance stock and is represented by the
surveillance trustee stock, at the county
stockholders meetings.
Many'members hold fractional shares
which have no representation. Others
hold fractional share receipts which
are included ia sub alliance stock. and
get representation through the trustee
stockhOldeF.
Election Of Trustee StoUkhOIders.-
Sub-allianees holding stock ia the
Exchange are entitled to = sub-trustee
stakeholder who Is elected at the regu-
lar election Of officers. These sub
alliance trustees stoCkhOlders. at their
annual meeting. elect n county trustee
st6ckhOlder. Their annual meeting is
held in October OF each year, at the
time and place Of the regular quarter
iy meeting OF the county alliance.
VOting.-The surveillance trustee
has one vote for each share of stock lac
represents. The county trustee stock
holder represents all the sUb-aIlIance
stock in his county at the annual stock
holders meeting, and has one vote fOI
each share Of stock represented by him.
He may represent the individual
stock or his county by proxy. lie
should have authority In writing from
L.
purpose.
annual Meeting and Place
The annual Stockholders meeting
occurs on the drst Tuesday after
December 25th in each year. it twill be
called 70 order at 10 o'clock q. In-, on
that day. and will continue from day ~
day until the business is completed.
The board of directors are elected
annually at this meeting.
The place OF the nesting will be at
the headquarters of the Exchange in
Kansas city, Kansas.
Special Items OF Interest.-We have
over three thousand alliances in Kan
sas. About fourteen hundred Of these
are found Ola our books as stObkhOid-
ers, either by having surveillance stock
Issued TO them, or by Individual mem
beers being stockholders
The amount OF stock held by each,
varies frOm one dOliailr zap TO one hun
died dollars and over.
Over sixteen hundred sub-aIIiances
in the state have not one cent in the
Exchange.
The calamitoUs drought OF 1880
| stopped the subscrIptiOns. Providence
has smiled on our fair state this season
and we expect a wonderful revival in
the way Of subscriptions to oar capital
stock this fail.
Our Greatest Esed.-A large increase
Of paid mp capital stock is our greatest
need. The Investment Is perfectly safe
| and will pay our brethren from a bus
mess standpoint more than anything
else. Our business has been crippled
On account Of this slack. We need "a
warehouse. We need our agencies for
marketing our products. We must
/ be put in position financially to back
larger contracts. One deal by The indi-
/ vidual VIII often save more than his
/ subscription, rs thousands can testify.
/ How 20 Increase the Capits,I.-First.
We should have a subscription from
each Of the sixteen hundred alliances.
not found on our books.
/ Second. Every member who has no
stock 10 the Exchange should subscribe
from one to i've dollars 1T least.
Third. All our members who hold
| fractional shares should increase these
to fun shares as rapidly AS their cir
Cumstances will permit.
! When to Subscribe.-EOw. THIS
should not Ia delayed.
O..
/ Exchange part OF its regular order OF
business. THIS anal other circulars
should be read A. every meeting. The
secretary or other officer should take
the subscriptions and send the same Ia
II. W. Sandusky, secretary, At Kansas
City, Kansas. giving name and post
Office address. OF each subscriber, and
number and nams Of alliance. The
stock viii De issued and returned
promptly.
VIII It Pay to Subscribe 2-Yes. II
the Exchange had IN stock subscrip
tons one b ali what We have saved q
the farmers OF Kansas during the pas
two years, our capital stock OF i've hun
dred thousand dollars would be fuiiy
paid up.
We viii mention two or three wei
known facts ont Of q hundred tina
could be cited.
/ The operations Of the Exchange hav,
FeyOlutIOnizet ths implement trade Al
the state, causing a Large reduction II
prices. Result, several hundred thou
: sand dollars saved TO the farmers
The Exchange made Large contracts
the two past seasons. for binding twin
and sold direct from the factory 70 tn
farmer; the reduction In prices for tn
two seasons amount n about City pc
\ cent below the old price A saving q
the farmers OF the state for Jhis sea
son alone OF more than tgVO hundre.
and fifty thousand doliaFE.
In every place where tila business o
the Exchange has eEtsndsd- seners
cuts in prices on almost everything hz
been the result The consumer la
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