Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1909-07-29


al members by which the voting power and ne
property rights and interests. respectively al
each member may and shall be determined and
admit new members, Who hail be sn,isIsd ~ vOss
and % share IN the property OF the aSsceineion
with the old members, IN aecorglAncs with snch
genera rule ihis provision OF the artieies Of M
corporation shall not be altered, amended OF rs-
pealed except by the unanimous written consent
or the vote Of all the members.
=. SAID ARTICLES must be subscribed by the
original members and ACKNOWLEDGED by one Of
them before an Officer authorized by the law q
this State To take and certify ACCOMPLISHMENTS Of
deeds Of eonVevance, and shall be fled IN Accord
anoe with the provisions OF law. and when 10 6led
the said ARTICLES Of incorporation certified copies
thereof shall he received in all the courts Of tina
STATE and other places As prima facie evidences of
the tActs contained therein.
Sec. g. Each association incorporated undax
this Act must. within thirty days after It's Moor
poration, adopt a code Of bylaws for Us govern
ment and management not inconsistent with the
provisions OF this law. majority vote Of the
members or the written assent OF members rep
resenting majority OF the votes. Is necessary 70
General law. y ss s.,s no. % v ,a
the provisions Of this Act shall apply 20 the by
laws OF the corporations provided for IN this Act
nASe assos,1''on nay Also ~ rs py avs adopted
.. The manner Of removal Of any one or more
Of its directors and for filing any and all vacancies
in the Board Of Directors.
q. The number Of directors and the pumber al
members or votexahereof constituting quorum.
g. The conditions upon which, and the time
when. membership Of any member in the assoeia.
ton shall cease: the mode. manner and effect ct
expulsion OF n member subject TO the right a The
expelled member 10 have the Board Of Directors
Cequitably) apprAise bis property interests IN the
money, and 90 have the money paid TO him within
sixty days after such expulsion.
a. The amount Of membership fee, II any. and
the amount which each member shall ~ required
carry on sss Sys ~ U u hs s 20 and also
the compensation. any, TO Re paid BY each mem
Der Tor any services rendered by the association
Of collecting the same. and for forfeiture Of the
interest III the mcmher On the association for non
payment Of the same.
8. The number and qualification Of members
OF the association and the conditions precedent 20
membership. and the method. time and manner Of
permitting members 90 withdraw, and providing
Tor the assignment and transfer Of the interest," OF
the member, and the manner OF determining the
value Of such interest. and providing for the pur-
chase Of such interest by the association uron thu
death. withdrawal OF expulsion Of a member of
upon the forfeiture OF his membership. at the 90
3. Permitting member 20 vote by their proxies
and SstsrIinins the conditions manner. iOrm
Sec. 8. Each ASSOCIATION incorporated under
this Act shall have the powers granted by the pro-
visions Of this aw and other laws Of Florida Eelat-
ina 20 private corporations. and shall also have
;. TO apposnt such agents and officers a. iss
business may require. and such appointed agents
DsroS os % insr % sSs sssossscus ana %
expel any member pursuant 20 the provisions Of
its bylaws: 10 forfeit the tuembershhpl Of any
S sSs be- x, ~, VIOLATED 2, s@ y 20
2. TO purchase or otherwise aequire hoid. own,
sell and otherwise dispose OF any and every kind
to carry on is basusss Isnd 70 ssauirs by par.
chase OF otherwise the interest OF any member IN
che property Of the asaociasionl.
beTs representing two thirds Of the total votes Il
all members % ce-opefnte with any other tc0-
operativel corporation OF corporations tor the 60.
their Respective business hy consolidation. upoa
(resolution) adopted By les Board Of DirectOrs 20
enter into an necessary and proper conttaets and
stipuIaiions and Arrangement with any other loo
operativel corporation OF corporations. Tor the Coz
operative and more economical carrying on Of 10
business, o. any part o. parts sns,sos OF any I've
under this tithe. upon (resoiutions) adopted by
their respective Board Of Directors. may Tor the
purpose Of more economically carrying on thetf
respective business. by agreement between them.
unite IN employing and using. or several aasocaa-
tons may separately employ and use, tnn same
method. means and AGENCIES Tor carrying on ana
oonductinQ their respective businesses.
4. Any association formed OF consolidated undeg
this Act may be dissolved and its affairs wound
up voluntarily BY the written REQUEST OF mem.
bers repreaentinR two-tbirds of the total
votes. IN the manner and with the effect now pro-
vided by law, except that the moneys remaining
after liquidation shall be divided among the mean
bers IN proportion 10 their property interest
lheFcin.
Sec. 3. The right Of an association claiming 20
be orranized and incorporated and carrying on
les business under this Act 10 DO and % continus
its business. may be inquired INTO by quo war
ranto at the szitcf The Attronsy General. hut nos
otherwise.
scc. 2. This Act shall take effect Immediately
upon len passage and approval by the Governor.
Approved june Q. 5000.