Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1910-02-11

that event, SAID memoir - S'''"-
notice ceases 70 be MEMBER OF TINS
sub exchange, aud all rights properly
and privileges 10 said sub exchange
belonging to said member sha u there-
upon cease and determine: PROVIDED.
however. and It is hereby agreed ana
fully understood by all persons joining
this sub exchange and eacn association
of citrus fruit growers becoming d
member hereof, thatany member o. ms
sub exchange Withdrawing from II
by disposing Of the fruit or produce
owned, grown or controlled D! him'
her, it or them through any other
source than through this subeXchang.e'
as the agent as aforesaid OF sald + lorlGa
Citrus Exchange, or Withholding the
same from this sub exchange, as such
agent, and without giving the notice
hereinbefore provided, shall forfeit TO
this sub exchange as and tor liquidated
damages, herein (which is hereby set
tied and determined) to this sub eX'
change for such withdrawal or with
holding the sum of fifty cents per box
for all citrus fruit or other produce
produced, owned or controlled by MN,
her, it or them, as the case may be,
during the year Of said withdrawal or
withholding and so withdrawn from
this sub exchange. 1t is further
hereby understood and agreed that 10
case anv former member of this sub
exchange who has withdrawn fruit or
produce from this sub exchange, or has
withheld the same as aforesaid and
thereby has ceased to be member Of
this sub exchange afterwards wishes to
return and reioin this sub exchange
and exercise the rights OF a member
hereof that the same may be done by
by and with the consent only Of a
majority of the Board of Directors OF
this sub exchange, and upon payment to
this sub exchange of all penalties that
have been assessed against him, her, it
or them as the case may be, by this sub
exchange, and by the Florida Citrus
Exchange, and not previously paid,
ART. 9. That the term for which
this Sub Exchange shall exist is fifty
years from and after date of its incor-
poration.
ART. 10. That the officers of this Sub
Exchange who shall transact its bust
ness, shall he board of Directors, a
President and a Vice President. and
said President and Vice-President shall
also be the president and vice presi-
dent, respectively, of said Board of
Directors, and each of them shall, at
the time of filling said Office, be in his
own right member of this sub en-
change or be the accredited represent
alive of an association of citrus fruit
growers holding m 'mbership certificate
IN this sub exchange and must also be
director ia the same. And this SUB
exchange shall also nave a Secretary
and Treasurer, bIth of which offices
may be filled by one and the same per-
son. who need nor be memb Der of this
sub exchange. AMI the number OF
Directors of this SUB exchange shall be
three, but the directors Of this sub ex-
change. withoutamendment OF its char
ter, may, at any time, by a two.thirds
vote of its Directors, increase its direc
Tory, and may at any time after so in
creasing the same, and by similar vote
OF its Directors, decrease its directory.
As said Directors shall see fit. But at 10
zine shall the number.of said Director,
be increased TO greater number than
the number of associations of citru,
fruit growers atiiliating with and which
are members of this sub EXCHANGE
aud at no time shall the number O.
said Directors be decreased TO a nuu-
per less than the original number o.
directors herein specified. That the
1ames and residences OF the citrus fruit
,rowers who are hereby appointed b,
ae incorporators of this subIexchange
and who shall act as directors OF the
ane for the first year of its existence
sud until its other directors are electe,
.nd qualified, at the first annual meet.
NJ OF the members Of this sub exchange
tre:
Names. Residences
D. o. Helseth, Oslo. Florida
". II. Robinson, Eldred, Florida.
]. Helseth, Viking. Florida.
ART. IL, That the Directors of this
sub exchange shall have the right an,
power TO charge and collect from il.
members, whether individuals. or asso
cations OF citrus fruit growers rebre
Sented or served by this sub exchano,
such compensation and remuneratio,
10 be paid to this sub exchange as it,
directors may fix and charge for its
services therein in the handling, mar
keting, shipping and selling by il
through the Florida Citrus EXCHANGE
81 any and all of the produce of in
members 80 handled, marketed. shin
ped and sold by it as aforesaid, and ais,
such compensation as the directors n
this sub exchange may fix and CHARGE
Tor us services in the purchase of ma.
teerlals for the members of this sub ey.
change. "a
ART, II 1t is hereby mutuall,
agreed, and fully understood, by anG
between all OF the persons, as welia . II
OF the associations of citrus fruit grow.
ers becoming members of this sub ex.
change, and furthermore, fully under.
STOOD s an; ana agreed, by all such who may
hereafter become members of this sni
exchange, that one of The nnrnoso =