Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1910-02-18


that event. said member - giving "a ~
notice ceases 10 be a member OF IhI'
sub exchange, and all rights proper
and privileges 10 said sub eMcnahsI
belonging to said member shall there
upon cease and determine; PROVIDED.
however, and il is hereby agreed ano
fully understood Oy all persons joining
this sub exchange and each association
of citrus fruit growers becoming a
member hereof, thatany member OF this
sub exchange Withdrawing from II
by disposing Of the fruit or produce
Owned, grown or controlled by him.
her. it or them through any other
source than through this sub eXenange'
as the agent as aforesaid OF SAID 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 ltquldated
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 him,
her, it or them, as the case may oe'
during the year Of said withdrawal or
withholding and 50 withdrawn from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exchange who has withdrawn fruit OF
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 t.
return and reioin this sub exchange
and exercise the rights OF member
hereof, that the same may be done bl
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, il
or them as the case may be, by this sub
exchange, and By the Florida Citrus
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 ofthis Sub
Exchange who shall transact its bust
ness, shall be board of Directors, a
President and Vice-President, ano
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, al
The time of filling said Office, be in his
own right a member of this sub ex-
change or be the accredited represent.
alive of an association of citrus fruit
growers holding m smbership certificate
IN this sub exchange and must also be
director ip the same. And this sub
exchange shall also have Secretary
and Treasurer, bJth of which offices
nay be filled by one and the same per.
'on. who need not he a member of this
sub exchange. AMI the number OF
Directors OF this sub exchange shall be
hree, but the directors of this sub ex.
change. without amendment of its char
.er. may, at any time, by two-third,
vote OF its Directors, increase its direc
DRY, and may at any time after so in
'reasing the same, and by a similar vot
If its Directors, decrease its directory
Is said Directors shall see fit. But at Z o
ime shall the number of said Director
De increased TO greater number than
he number OF associations of citru,
rult growers atfiliating with and which
IRE members of this sub exchange.
nd at no time shall the number Of
aid Directors be decreased to a nun
Der less than the original number Of
directors herein specified. That the
names and residences of the citrus frui
growers who are hereby appoilted b,
he incorporators of this sublexchange
aud who shall act as directors of the
anne for the first year of its existence
ind until its othe. directors are electe,
md qualified, at the first annual meet.
ng of the members of this sub exchapp.
ire J.:
Names. Residences
}. o. Helseth, Oslo, Florida.
W ID: Robinson, Eldred, Florida.
I' helseth, Viking, Florida.
ART. III. That the Directors of this
iub exchange shall have the right an,
over 10 charge and collect from in.
members, whether individuals. or asso.
'lations OF citrus fruit growers repre-
'ented or served by this sub exchang,
'uch compensation and remuneratio.
o be paid to this sub exchange az il,
directors may fix and charge for ms
services therein in the handling, mar
feting, shipping and selling by in
through the Florida Citrus Exchanp.
II any and all Of the produce of is
so handled marka,ad LII
bed and sold by il as aforesaid, and ais,
'uch compensation as the directors Of
his sub exchange may fix and charge
or It's services in the purchase of ms.
,erials for the members of this sub ex. |
change.
ART. II 1t is hereby mutually
'greed, AMI fully understood, by AM
'etwesn all of the persons, as vel asal
# the associations of citrus fruit grow
RS becoming members of this sub ex-
'hange, aud furthermore, fully under.
TODD and agreed, by all such who ~,