The Hood River glacier. (Hood River, Or.) 1889-1933, 1903-07-30

ARTICLE ~.

They may choose bank as treasurer without
bonds.
sThe directors shall have power to levy and
collect assessments on the capital stock not to
exceed so per centum of the stock subscribed
at any one time and not oftener than every
| sixty days; the same to become delinquent in
| thirty days from date of notice of such assess
ment in the local newspaper. The directors
shall sell shares of stock to actual fruit grow
ers only.
ARTICLE V.
The directors shall employ such agents or
other employees as are necessary to DO the
business of the corporation, and shall fix
their remuneration; provided that the board
of directors shall receive no salary for acting
as directors. They shall have daily account
| sales rendered TO the members of the union
each day, as received by them or their agent,
giving statement by whom sold, gross sales,
commission, freight or express, and amount
due members of the union; also, giving condi-
tion of fruit, if there be any complaint.
ARTICLE vi.
The directors may refuse to receive forship-
ment under the brand of the uni0n any
package of fruit not considered prime from
any cause. They shall refuse to receive for
shipment fruit from any person not holding
stock.
The duties Of the secretary shall be to keep
@ record of the proceedings of the meetings of
the stockholders and directors He shall Keep
the corporate seal of the association and shall
be custodian of all deeds, articles of agree
ment and other valuable instruments of writ
ing belonging to the association. He shall
keep all books for the issuance and transfer
of stock and shall countersign all certificates
OF stock and affiX the seal Of the board of di-
rectors and stockholders. and shall keep or
cause to be kept, all books of accounts neces-
sary to the transaction of the general business
of the association.
ARTICLE VIII.
The board of directors shall provide the
necessary means for carrying out the purposes
for which the association is formed by reason
able charges and commissions for the services
rendered by the association to its members
and customers
ARTICLE TX.
The duties of the treasurer shall be to receive
all moneys due or paid TO the association and
deposit the same as the directors may instruct
to pay out said funds upon the written order
or check of the president, first vice-president,
or general manager, when countersigned by
the secretary.
ARTICLE X.
All notes or other evidence of Indebtedness
of the association shall be signed by the presi-
dent and countersigned by the secretary of
the board of directors.
ARTICLE XII.
The annual meeting for the election of Off
GERS and the transaction of other business of
the corporation shall be held on the third Sat
urday in January of each year, in the town of
Hood River, oregon, at 10 o'clock a. m.
ARTICLE XII,
The president shall instruct the secretary to
call meeting of the stockholders whenever
in his judgment the necessities of the union
require it, by giving one weeks notice through
the local newspaper nd by posting notices in
three conspicuous places.
ARTICLE XIII.
A majority of the stock subscribed, upon
which all legal calls or assessments have been
paid in full, shall constitute quorum at any
stock holders meeting, and no vote shall be
counted which Is not represented by one
share of the stock upon which all calls or as |
sessments have heen paid.
ARTICLE XIV.
These bylaws may be amended by vote of
the majority of the stock upon which all calls |
or assessments have been paid, at any regular |
or called meeting, provided that notice to |
amend the bylaws shall have been given in |
the call for special meeting.
ARTICLE XIV.
Any member desiring to dissolve his con-
nection with this corporation may do so by |
surrendering his stock to the secretary there |
of or by transferring il to any member in |
good standing on the secretary's books