The Hawaiian gazette., 1904-07-29

And provided further" the charter
reads, that no power Is granted by
these presents for the said corporation
| to have or to issue shares OF capital
| stock"
THE BYLAWS.
An elaborate code for government OF
| the Society Is provided in the bylaws
The officers shall be president. a
vice-president. secretary, a treasurer
and at least seven members as board
OF trustees, these eleven officers con-
stituting the board of directors. Be
sides provision is made for mana
ger, an attorney and agents. these last
having the capacity of instructors to
new members. The manager dominates
the agents and acts by direction CT the
board of directors.
Officers shall serve for one year and
1t shall be within the power of the
board of directors to fix such salaries
for the officers as they may decide to
pay. Nomination and election NJ ofi-
GERS take place at the annual meet
Ing in July
The directors must meet once n
month. while the trustees are required
to meet at least once every week and
as often as required for such business
as shall come before the board.
All legal documents sh-ll be signed
by the president, secretary and treas
urer, who shall act Jointly as the ex-
ecutive officers of the Society.
Officers may resign in writing or be
removed for good cause by a majority
OF members at any regular meeting or
special meeting called for the purpose.
No officer resigning can vacate his Of
flee until his successor is elected
The directors can bind the society
to any act only by a two-thirds vote
Of the board They shall not accept
any security and lend the Society's
funds thereon, except by the consent of
n two-thirds vote of the board When
In the Judgment of the board of direc-
tors 1t is deemed advisable, they may
borrow money temporarily to facilitate
loans, in such manner as they may
from time to time determine.
ANY person who has made an ap-
plication for one or more contracts on
which the application fee has been paid.
having signed the bylaws and obligat-
ed himself or herself by them and such
other rules and regulations as may be
adopted. shall be member, II approx
ed and accepted at the Home office"
Contracts of minors shall be held in
the name of guardian or trustee.
The benefits accruing to the contract
holders shall begin in their numerical
order after the fulfillment of like con-
tracts of lower numbers. and accord
ing to the plan of cooperation as set
forth in the cooperative contracts of
the Society of the different series.
Provision Is made for issuing new Sc
ries of contracts, "but nothing in this
article shall be construed to alter any
OF the Cooperative Contracts Series
"A heretofore Issued by the Co-opera-
tive Home Purchasing Society"
THE PROTEST.
Honolulu, T. H.. July 81 1904
Hon. A. j. Campbell Treasurer.
Dear Sir: We the undersigned citi-
zens and contract Cor share) holders of
the Cooperative Home Purchasing So
ciety hereby protest against your CIV
ing charter to Joseph A. Akina, S. X.
Oil, j. j. Mathews, NJ. w. Tschudi, L.
N.
don, w. Luther. Mr.. Souza, Jno. p.
w. Kelle, under the title of
the Cooperative Home Purchasing So
ciety of Honolulu on the grounds that
the charter will be misleading and we
believe is intended to create confusion
with the contract holders of the So
ciety in which we the undersigned are
Hoping that you may see your way |
clear to grant our request. We are,
Your obedient servants,
ROBERT CLARK,
w. b. MOSS,
j. X. APO,
MRS. MAGGIE APO,
MRS. KUIKELANI by s. Ma
helona atty. in fact,
BERNARD KELEKOLIO.