The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1909-01-26
STOCKHOLDERS
HOLD MEETING
Continued from Fourth Page.)

hour of confusion it was decided to
defer action on them until Wednes-
day, February 3, when another meet
ing is to be held Inasmuch as these
amendments to the old bylaws have
created so much discussion, the
Daily World prints them in full, as
follows:
Amended Bylaws of Wenatchee Val
ley Fruit Growers Association.
ARTICLE I.
The officers of this corporation
shall consist of a president, vice
president, secretary and treasurer,
| all of whom shall be chosen by the
board of trustees from among them
selves.
ARTICLE II.
Section l. A board of trustees,
consisting of nine members, shall be
elected at the annual meeting of
stockholders, who shall serve one
year, or until their successors are
elected and qualified.
Sec. q No stakeholder shall be
eligible to qualify as member of
the board of trustees unless he is
a bona fide owner of at least ten
shares of the capital stock of said
corporation.
ARTICLE III.
Sec. 1. President. The president
shall preside at all meetings of the
board of trustees or stockholders.
He shall sign, as president, all GER
tificates of stock, and all contracts
and other instruments in writing
which shall at first have been ap-
proved by the board of trustees. He
shall draw all checks and warrants
upon the treasury; and he shall have,
subject to the advice and control of
the board of trustees, the general su-
perintendence of the affairs of the
corporation. In the absence of the
president, the vice president shall
perform his duties.
Sec. 2. Treasurer 1t shall be the
duty of the treasurer to keep safely
all moneys belonging to the corpora
ton He shall disburse the same
under the direction of the board of
trustees, on warrants signed by the
president and secretary. At each an
nual meeting of the stockholders he
shall submit a complete statement OF
his accounts for the past year, with
the proper vouchers, for the infor-
nation of the stockholders. He shall
discharge such other duties pertain
ing to his Office as shall be prescrib-
fore entering upon the discharge of
his duties he shall execute a bond in
favor of the corporation, conditioned
that he will faithfully and accurate
ly account to said corporation for all
moneys and property coming into
his hands, as such officer, which said
bond shall be in the sum of $4,000.
Sec. g. Secretary. 1t shall be the
duty of the secretary to keep record
of the meetings of the board of trus-
tees and of the stockholders. He
shall keep the book Of blank stock
certificates, fill up and countersign
all the certificates issued, and make
the corresponding entries on the
margin of each book, and a stock
ledger in debit and credit form,
showing the number of shares is
sued to and transferred by any
stakeholder, and the date of such is
suance and transfer. He shall coun-
tersign all warrants drawn upon the
treasurer, keep proper account books,
and discharge such other duties as
pertain to his oGce, and are prescrib-
ed by the board of trustees.
ARTICLE ".
The board of trustees shall have
power:
I. To call meetings of the stock
holders when they are necessary,
giving not less than three weeks no.
tice thereof. in the manner as here
matter provided; and they shall call
meetings of the stockholders at any
time, upon a written request for
that purpose of persons represent
/ ing one-fourth of all the capital
stock
/ 2. To make rules and regulations
not inconsistent with the laws of
/ the state of Washington or the by
laws of the corporation for the guild
ance of the officers and the manage
ment of the affairs of the corpora
/ ton.
/ g. To declare dividends out of the
surplus profits whenever they shall
deem it expedient