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


Greet ON said real estate such buildings
land structures. including wharves aad
docks as this sub.exchange, through
lie hoard of directors, shall deem nee
lessary or expedient for the carrying on
of IT'S business: and this suo-eNchange
shall be empowered 70 engage IN
brokerage, factor and commission SELL
ing business, TO purchase boxes, paper.
nails and other packing material and
sell and dispose Of the same: TO engage
10 and conduct drayage, transfer, for
warding and shipping business; to pur-
chase, hold, lease. or otherwise acquire
i freight and refrigerator cars. wagons.
drays, trucks, boats, vessels and other
vehicles. and the necessary motive
power and equipment for the same, and
i TO engage in the transportation bust
ness Of all such products, material and
other commodities as may be owned or
controlled by IL, or by the associations
OF citrus fruit growers which may be
come members otthis sub-exchange, but
not as a common carrier, and TO charge
! for the same, and 70 dispose o. the same
at will; TO borrow and to loan money by
or upon mortgages on real estate, or
otherwise, and generally to transact,
carry on and reform all such other
| b lsiness operations, as are germane, or
| incident, TO the purposes above men,
| toned.
ART. 5. That each and every asSoci-
alton of citrus fruit or other produce
growers in the state of Florida which
shall hereafter become a member OF
this sub.exchange, and thereby hold
certificate of membership in the same,
shall be entitled, through its accredited
representative, TO cast its vote in any
meeting of the members hereof in the
same manner as an individual member
OF this sub-exchange shall be, with all
the powers, rights and privileges OF
any of the members hereof, aud such
accredited representative of such asso-
citation so holding such certificate may,
by virtue of said certificate of men,
bership, so held by the association rep
resented by him, be elected to hold the
Office and may fulfill all the duties Uf
director 10 this sub-eXchange, with all
the power aud privileges of any other
director herin. And this sub-exchange
shall have the privilege, right and
power OF becoming member OF any
other similar kindred corporation, and
association in the state of Florida, and
may receive and hold from such other
kindred association a certificate OF
membership therein, and holding such |
certificate OF membership in such other |
kindred association shall have the |
right, privilege and power, with the |
consent Of such other association and |
by and through the accredited repre- |
sentative of this sub-ezchange, TO cast |
the vote of this sub.exchange upon said |
certificate of membership in all men,
bership meetings of such kindred asso- !
holds certificate of membership, aid |
such accredited representative of this |
sub-eXchange may, by virtue of the GER
tifcate of membership so held by this |
sub-exchange in said kindred associa- |
tions, and by and with the consent OF
said association, be elected a director |
therein with all the tights, priv ueges
and powers OF any other director III |
said association.
ART. 6. That any person or persons |
wac is or are bona file citrus fruit or |
other produce growers, and any associ. |
alton of citrus fruit growers within the
territory next adjacent to this sub-ex-
change, that is TO say, whose fruit pro
ducing lands are nearer TO this sub.
exchange than they are to any Other
similar sub-sxchange may, by and with
the consent of a majority of the direc-
tors OF this sub.eXchange become mem.
bers hereof, but this sub exchange viii |
not receive into its membership any
person or association of citrus frui. |
growers whose fruit producing land, |
are situated nearer TO another and kin. |
dred sub-exchange than they are IT, /
this sub-exchange without the consen.
Of such other sub-exchange.
ART. Z. That the place where the
principle business of this sub-exchange |
is TO be transacted is Fort Pierce.
County OF st. Lucie, State of Florida. |
and the annual meeting of the mem
bers OF this sub exchange shall convene
at said place on the third Tuesday In
May OF each and every year, at 10 O'Clock
a. M, at WITCH time and place it's Direc-
tors shall be elected and indicted into |
Office.
ART. 8. That each and every mem.
Der of this sub-exchaLge, whether
individual, or association of citrus |
fruit growers, shall place the hand |
ling, marketing, shipping and sell
ing OF all citrus fruit and such other |
produce as may be handled by this suu |
exchange ADD owned, grown or con.
trolled by him, her, it or them, into |
this sub exchange, 10 he handled, mar.
keted, shipped and sold exclusively |
through the Florida Citrus Exchange.
and this sub-exchange shall have the
power and right to charge, and shall
charge each member hereof, whether
the same shall be an individual or al
association of citrus fruit growers, for
It's services in so handling, selling,
shipping and marketing such fruit anu
produce owned, grown or controlled by
him, her it or them, such reasonable
compensation as the board Of directors
OF this sub exchange shall fix and de.