The wageworker. (Lincoln, Neb.) 1904-????, 1907-10-18

Tic pISSlueut, SECRETARY anu treasurer
may cause to be issued a new GER
tificate of the same tenor with the
one alleged to be lost or destroyed,
but always subject to the approval of
the Board of Directors
Article Ix.-Statement of Condition
Sec. 1. The Board of Directors shall
present, when called for by the stock,
holders, full and clear statement OF
the business and condition of the as
ISOLATION.
Article x.-Amendments.
Sec. I. The stockholders, by the
Affirmative vote of majority of the
stock issued and outstanding, may at
any regular, or upon notice at any
special meeting. alter or amend this
constitution and bylaws in any man.
ner not contrary to law or to the
stipulation set forth in Sec of Arti-
Gle VII regarding the assessment of
stock
Article Xl.-EIections.
Sec. 1. Each owner of stock shall
be entitled to vote for the election of
the Board of Directors, and shall have
as many votes as he owns shares of
stock properly recorded upon the
books of the secretary
Sec. 2. What is commonly known as
minority representation" of the cum
ulate system of voting" shall obtain
in all elections of this association
E.vo
to elect and a stockholder shall own
five shares of stock, he shall be al
lowed to vote five votes for each of
five candidates, or twelve and one
half votes for any two candidates, or
twenty-five votes for one candidate,
or any other such multiple of votes
as he may see fit and proper.
Sec. 3. Any stakeholder may vote
by proxy provided due notice of Civ
ing such proxy shall be served upon
the secretary not less than five days
before election, and further provided,
that no one not owning stock in this
association shall act as a proxy, nor
shall anyone act as a proxy when the
stock represented by him as proxy
when added to the stock owned by
him shall exceed in amount one thou
sand shares of the capital stock of
the association.
Sec. 4. The stock of an organization
shall be voted by it's secretary or by
some member in good standing there
; of who shall have been designated for
that purpose by the organization itself
| Such representatives shall file with
the secretary five days before the
election notice that he has been dele
gated by his union for such service
Sec. 5. The annual meetings of this
association shall be held on the first
| Tuesday after the first Monday in
! January.
Sec 6. The election of officers shall
| be held on the first Tuesday after the
| first Monday in January of each even
year, beginning with 1908.
Article xIl.-Directors.
Sec. 1. The Board of Directors of
| this association shall have supervisory
powers over the business of this asso-
! citation, and to said Board all matter
effecting the finances or welfare of
| the association shall be referred to
for approval or rejection.
Sec. 2. The Board of Directors shall
elect a board of trustees of seven
members, one of whom it shall desig-
nate as president, another as vice.
| president, another as secretary and
| another as treasurer. These four Off
GERS shall be members in good stand
ing of the organizations of their craft
and affiliated with the American Fed
Grafton of Labor, provided that no two
of said officers shall belong to the
same craft. Not less than five of the
seven trustees shall be members in
good standing of some trade or labor
organization affiliated with the Amer
lean Federation of Labor.
| Article xIII.-Trustees.
| Sec. 1. The board of trustees shall
act as the executive committee of the
Board of Directors, shall audit all ac-
counts and make report thereof, and
shall exercise supervision over the
| daily workings of the association. No
bills shall be allowed or paid without
the approval of a majority of the said
trustees, and all records of the meet
ings of said board of trustees shall be
open at all reasonable hours for the
inspection of the Board of Directors.
Article xIV.-Retirement Of Stock.
Sec. l.. The Directors of the asso-
citation shall have power to retire the
stock of the association upon payment
of the current market price of the
same, paying therefore from the sur
plus funds of the association and hold
| ing cancelliny the stock may he