The Paducah weekly sun. [volume] (Paducah, Ky.) 1902-19??, 1906-09-26


ever be declared or paid upon any of
its capital stock, and every subscriber
TO. and every purchaser Of, said cap
ltal stock, accepts his stock with this
condition and shall hold same under
this agreement and with this under
standing.
IL is further agreed that when this
corporation shall expire. by limita-
ton OF its charter, or shall be wound
mp by agreement of its stockholders
or by law, or shall otherwise cease
to do business. II after payment of all
its debts and liabilities, there shall
remain a surplus in its treasury, in
that event, said surplus shall be paid
over to those parties. who have dur
ing that year. in which said corpora
ton ceased to do business, sold their
tobacco through said association, in
proportion to the amount of each of
such persons sales for that year.
Every director in this corporation
shall subscribe and pay for three
shares of stock at one dollar per
share and shall hold same under this
agreement and understanding, and
wher his term of Office shall expire
and his successor shall be elected, he
shall sell and transfer his stock to
his successor at the same price, to be
held by such successor, as herein
provided.
1t is further agreed that all sales
of shares of the stock of this asso-
citation shall be void. without the con-
sent of the board of directors thereto
given in regular meeting of said
directors, the stock shall be issued
and accepted on this condition.
II Is further agreed that the
farmers. who have pledged their to
bacco-to this association, shall on the
first Saturday in September, annual
ly assemble at their several voting
places or precincts, and elect one OF
their number, chairman; and said
district chairmen shall, on the sec
ond Saturday in September. annual
ly. assemble at the court house. in
their several counties, and EJECT their
county chairman, and the said county
chairman shall be reported TO the
stockholders of this association, who
shall elect said county chairman, d.
rectors of the association: so that the
affairs of this association shall, at all
times, be under the control of those
who pledge their tobacco to this asso-
citation.
1t is further agreed that the presi-
dent, general manager. secretary
and treasurer shall have the right to
sit in the meeting of the board Of d.
rectors and have the right to partic-
ipate in the proceedings thereof.
All of the above conditions - and
provisions are hereby agreed to by
all persons, who are now, or shall
hereafter become shareholders In this
association, shall accept and hold
same subject to all OF the above con
ditions and all of said conditions
shall be fully set out IL every certif-
cate OF stock.
N 4 Big Meeting.
Preparations for the meeting of
the members of the Planters Protec-
tive association have gone on apace,
and everything points to perfect
crush at Guthrie on the twenty-sec-
ond. Reduced railroad rates, emil
nent orators the best OF music and
last, but not least by any means, the
steady progress toward perfect sue
cess has made the association a mat
ter OF greater interest than anything
else that the agricuturahsts OF this
section have in mind today The
men, women and children of the to-
baeco district anticipate but one
event today, the Guthrie meeting.