The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1894-07-11

protection of such farmers In marketing thei
crops, dairy and other farm products, and TIN
diffusion of Information concerning the same
B. And be it enacted, That such association
shall be formed in the following manner; I
certificate shall be made and signed by not les
than ten persons, stating their respective resi-
dences, forming such association, Whlch GER
/. The name assumed TO designate such asso-
citation and to be used in its business and deal
ii. The place where such association shall be
located, and the object for which it shall DC
iii. Such certificate shall be proved or ack.
nowledged by the parties signing the SANG = =
recorded in the office of the clerk of the c6datS
where the association shall be located.
4. And be it enacted, That upon such certifi-
cate being filed, the said association shall be a
corporation in fact and in law, and shall have
1 power:
/. 10 have succession by its incorporated
name for such time as said association shall
continue in existence;
ii. To make and use common seal or alter
| the same at pleasure;
| III. To sue and be sued complain and defend
in any court of law and equity
| ~. To hold, purchase and convey such real
aud personal estate as the purposes of the cor
poration shall require, aud to mortgage any real
or personal estate, and TO receive and hold real
and pers nal estate which shall come by devise
or bequest provided, that the funds and prop
erty of said corporation shall be used for The pur
poses Of its organisation and for no other
V. To make and change by laws not in, OF sist
ent with the constitution laws of this state. to
fix the number and qualifications of its directors
for the management of It's business, and the reg
ulati N and the government of its affairs, which
number of directors may be altered by vote OF
Incorporation.
vi. To wind up and dissolve itself, or to he
wound up and dissolved, as shall be determined
by a vote of the majority OF its members voting
after four weeks notice, served personally or
published for TWO weeks In a newspaper, Ul such
intended dissolution
5 And re it enaete !, That the p rsons signing
the certificate OF organization shall @ institute
the first directors for the citation.
6. And h" II enacted, That such direct RS may
elect chairman aud secretary, aud such direc
tors sh III be vested with such powers aud shall
perform such duties as he bylaws OF he sssoci-
alton When fully organized shall pr scribe
z. And be 1t enacted, That the said DIRECTOR
shall proceed TO organiz' HE association OF
which they are directors by the addition Of per.
sons whose duties aud privileges shall be pre-
scribed by The by laws of the said corporation,
by which all members, inclu ling the directors
s. And be it enacted, That the association shall
meet at such times and places shall be prescribed
by its bylaws. within the city, town or place in
which II is organized
0. And be il enacted That the corporation lnay
have any number OF members, whose qualifications
and duties shall be prescribed by the bylaws
30. And be il enacted, That the charter directors
Of the association to be formed shall hold their
office until the first election prescribed by the by
laws of the association after Incorporation, when
new set of directors may be elected and thereafter
directors shall be elected annually aud shall hold
office for one year or longer, as shall be regulated
H. And be IL enacted That no one shall be
director but member of the association in good
standing, and the officers OF the directors may be
different from the officers of the association.
u. And be il enacted, That an association organ
lied under this act shall have president, seere-
tary and treasurer, and such other officers as the
bylaws shall prescribe.
IL. And be il enacted That the directors may adj
wise with the association, but shall have no control
over its action against the vote of the majority of
the association at any meeting properly called.
Ia And be it enacted, That the common seal
adopted by the association, to verify its acts, shall
he in the custody of the secretary and be fixed by
the direction of the association.
15 Aud be IL enacted, That any association
formed for the purposes of TINS act, organized,
may be organized under this law by complying
with its provisions.
iG. And be it enacted That this aet shall be a
public act aud shall take effect Immediately
Approved May To- 1891