Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1910-02-25

other produce from the same, out 10
that event. said member 50 giving salu
notice ceases TO be a member OF thls
sub exchange, and all rights, property
and privileges 10 said sub exchange
belonging TO said member shall there
upon cease and determine: Provided.
however, and it IS hereby agreed anu
fully understood by all persons joining
this sub exchange and each association
Of citrus fruit growers becoming d
member hereof, thatany member OF TINS
sub exchange Withdrawing from IL
by disposing Of the fruit or produce
owned. grown or CONT oiled by him,
her, it or them through any other
source than through this sub exchange
as the agent as aforesaid OF said tlorlda
Citrus Exchange, or Withholding the
same from this sub exchange, as such
agent, and without giving the notice
hereinbefore provided, shall forfeit 70
this sub exchange as and for liquidal ed
damages, herein (which Is hereby set
tied and determioed) to this SUI eA'
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 him,
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withholding and so withdrawn from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 any former member of this sub
exchange who has withdrawn fruit or
produce from this sub exchange, or has
.-ssLL.1l IL nc afnpDeai1 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 member
hereof, that the same may be done by
by and with the consent only of
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, 1t
or them as the case may be, by this sub
exchange, and by the Florida Citrus
Exchange, and not previously paid.
ART. .. That the term for which
this Sub Exchange shall exist is fifty
years from and after date OF it's iDcor-
poration.
ART. 10. That the officers of this Sub
Exchange who shall transact its bust
ness, shall he a 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 a member of this sub ex-
oh no M annRA1ffn1
alive of an association of citrus fruit
growers holding m ,mbership certificate
In this sub exchange and must also be
director in the same. And this sub
exchange shall also have a Secretary
and Treasurer, b 9TH of which Offices
may be filled by one and the same per-
sou. who need not be member of this
sub exchange. AMI the number of
Directors OF this sub exchange shall be
three, but the directors of this sub ex-
change, without amendment OF its char
ter. may, at any time, by two-thirds
vote of its Directors, increase its direc
tory, and may at aay time after so in
creasing the same, and by a similar vote
of its Directors, decrease its directory,
as said Directors shall see fit. But at no
time shall the number of said Directors
be increased TO a greater number than
the number of associations of citrus
fruit growers affiliating with and which
are members of this sub exchange.
and at no time shall the number OF
said Directors be decreased TO a mum.
Der less than the original number OF
directors herein specified. That the
M q nd aocf1nvann.. o. h. a. e.. 2.
growers who are hereby appointed by
the incorporatOrs of this sublexchange,
and who shall act as directors of the
same for the first year of its existence
and until It's other directors are elected
and qualified, at the first annual meet
ing of the members of this sub exchange
are:
Names. Residences
o. o. Helseth, Oslo, Florida,
w. ii. Robinson, Eldred, Florida.
j. Helseth, Viking, Florida.
ART. IL. That the Directors Of this
sub exchange shall have the right ano
power TO charge and collect from it,
members, whether individuals, or asso.
Citations of citrus fruit growers repre-
sented or served by this sub exchange,
such compensation and remuneratio,
70 be paid TO this sub exchange as it,
directors may fix and charge for lis
services therein In the handling, mar
keting, shipping and selling by II
through the Florida Citrus Exchange.
OF any and all of the produce of its
members so handled, marketed. shin
ped and sold by it as aforesaid, and alsu
such compensation as the directors OF
this sub exchange may fix and charoe
for its services 10 the purchase Of ma.
terials for the members of this sub ex.
change.
ART. IL Il is hereby mutuall,
agreed, and fully understood. bv and
betwe IN all Oh the persons, as well as All
Of the associations of citrus fruit grow.
ers becoming members of this sub ex-
change, and furthermore, fully under.