The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1911-12-27

.........Ky, .........., 49,.
This contract made this day witness
eth:
That in consideration of the bene-
fits to be derived herefrom by the
parties hereto and that this contract
is made by the undersigned and ac-
cepted by the hereinafter named Bur-
ley Tobacco Society as mutual con-
tract with other contracts of like i'm
port. taken and to be taken and en-
tered into by and with many other
growers of tobacco. which are Of mu-
tual benefit to all, the undersigned
grower of tobacco owning ....,....
Burley tobacco of the 49,. crop, grown
on '..'...'..',,. ''.''.''''' ldTn III
............C County, Kentucky, ad-
joining lands of .............h hereby
constitutes and appoints the Burley
Tobacco Society a corporation under
the laws of Kentucky, as sole agent
for the purpose of receiving and sell
ing all of the said tobacco and for
| such purpose hereby transfers and as
signs to and invests in said agent the
title and right of possession to said to-
bacco, and agrees to deliver the same
on demand at such point in said coUn-
| ty or in the county where the tobac-
co is stored as said Society may des-
| ignate.
The undersigned, however, reserves
the right any time prior to March /,
of the second year following the year
in which the tobacco is grown, to Sc
lect the market on which he prefers
his tobacco TO be sold, and the house
in which 1t is to be sold, unless the
Burley Tobacco Company has a house
on the selected market, in which event
1t is to be sold at the company's ware
houses, and it is further understood
and agreed that after the stock sub.
scribed for herein, If any Is subscribed
for, Is paid for to the Burley Tobacco
Company, and all charges for the sell.
Ing OF the tobacco, the remainder OF
the proceeds is to be paid to the un-
dersigned then and there.
The undersigned, by reason of this
contract, becomes and is entitled to
all the privileges of a member of said
| IODdCCO SOCletY,
Upon his failure to fully comply
with the terms and conditions of this
contract. the undersigned hereby
agrees to ray to said Society as liqui-
dated damages twenty per cent of the
value of said tobacco for the benefit
OF the members of said Society. but
this shall not be construed as a waiv-
er OF the right of said agent to enforce
this contract or to enjoin its breach
in equity.
The Board of Directors of the Bur.
ley Tobacco Society shall dissolve the
pool in any year, provided two-thirds
in interest of those who were mem.
bers in the preceding year and are
still members in the year in which the
vote Is taken vote accordingly, the
proportionate interest of each voter
to be determined by the quantity OF
tobacco which he may have grown and
delivered to the pool in the preceding
year. The Board of Directors nav in
any year order and provide for such
election to be held at the time of the
annual precinct election, and shall dc
so upon the written demand of one
fourth of the members of the Society
said demand to be made by writer
notice to the Society thirty days lie
fore the annual precinct election.
The solicitor has no authority tc
change in any way the terms of this
contract.
r. y. ..................
1 L. L