Gardnerville record. (Gardnerville, Nev.) 1898-1902, 1901-05-02

forwarded by mail or otherwise; pro-
vided, the method shall secure the
secrecy of the ballot; the mode and
manner of succession of membership
and the qualifications of membership,
and on what conditions and when
membership shall cease, and the mode
and manner of expulsion or refusal of u
member, subject To the right that all
expelled or refused member shall have
a right to have Board of Arbitration
consisting of three persons, one selected
by the Board of Directors, one by the
expelled or refused member, and the
third by the other two, appraise his
interest in the association In either
money, property, or labor, as the Dir
rectors shall deem best, and to have the
money, property, or labor so awarded
him, paid or delivered, or performed
within forty days after expulsion'or re-
moyal; the amount of membership fee,
and the dues, installlnents, or labor
which each member shall be required
to pay or perform, If any, and the man
ner of collection or enforcement, and
for forfeiting or selling of membership
interest for non-payment or nom
performance; the method, time and
manner of permitting the Withdrawal
of member, If at all, and how his in
terest shall be ascertained, either in
money or property, and within what
time the same shall be paid or rdelivered
to such member; the mode and man
ner of ascertaining the interest of a
member at his death, If his legal repre-
sentatives or none of them desire to
succeed TO the membership, and
whether the same shall be paid to his
legal representatives in money, or
property, or labor, and within what
time the same shall be paid, or deliv-
cred, or performed; provided, that such
withdrawing member, or legal repre-
sentative Of deceased member, has the
right of Board of Arbitration the
same as provided for refused members;
such other things AZ may be proper TO
carry out the purpose for which the
association was formed.
See. 5. The bylaws and all amend
ments must be recorded in book and
kept in the office of the association,
and copy certified by the Directors,
must be filed in the office of the
County Clerk, where the principal
business is transacted.
Sec. g. The property of such asso
citation shall be subject to judgment
and execution for the lawful debts of
the association. The interest of mem
Der in such association, if sold upon ex.
etution, or any judicial or governmental
order whatever, cannot authorize the
purchaser to have any right except &c
succeed, rs a member in the associa,
ton, with the consent of the Directors,
to the rights of the member whose
interest is thus sold. If the Directors
shall choose to pay or settle the matter
as provided in case of refused members,
after such sale, they may either cancel
the membership, and add the interest
thus sold to the assets or common
property of the association, or reissue
the share or right 10 new member
upon proper payment therefor, as the
Directors may determine.
See I. The purpose of the business
may be altered. changed, modified, en-.
larged or diminished, or the articles of
association amended, by vote of two
thirds of all the members, at special
election Ia he called for such purpose,
of which notice must be given the same
rs the bylaws shall provide for the
election of Directors. Upon amend
ment of its articles of association, II
copy of its amended articles as
amended, shall he duly filed with the
Secretary of State, and certified copy
filed with the County Clerk.
See 8. The bylaws shall provide
for the time and manner in which
profits shall be divided between the
members, and what proportion of the
profits, if any, shall be added To the
common property or funds of the asso-
citation. But the bylaws may provide
that the Directors may suspend or pass
the payment of any such profit or in
stallment of earnings, at their dis
cretion.
See. 3. Every association formed
under this Act shall have power of sue
cession by its associate name for fifty
years; to, in such name, sue and be
sued in any court; to make and use a
common seal, and alter the same ut
pleasure; TO receive by gift, devise, or
purchase, hold, and convey real and
personal property, as the purposes of
the association may require; to appoint
such subordinate agents or officers Ia
the business may require; to admit as-
sociates or members, and to sell or
forfeit their interest in the association
for default of installments, or dues, or
work, or labor required as provided by
the bylaws; to enter into any and all
lawful contracts or obligations essential
to the transaction of ITS affairs, for the
purpose for which il was formed, and
to borrow money, and ISSUE all such