The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1911-01-21
DON'T LIKE N. D. LAWS
Continued From Page one.

resolutions made its report yesterday
afternoon at the close Of the session,
and some startling demands are to be
made on the legislatures of this state
and Minnesota.
A committee consisting of the fol-.
lowing was elected to incorporate the
Equity Cooperative exchange, by
which the terminal elevator company
is to be known:
A. " Swason of Fargo: Bert Cole,
Campbell, Mimi; j. d. Myers, Stark
weather; j. c. Bergh, Hendrum. Mimi :
%. II. Olson, New Rockford; F. E.
Wood, Deering; A. W. Ditmer, Velva;
r. e. Parks, Lily, S. D.; j. NJ. Ander-
son, Fargo.
There are $500 shares of stock
issued, and these are held by in the
reighborhood of 1000 shareholders.
1t was the idea of the corporation to
rather change the methods OF incor-
rorating afterwards, and the above
committee will be those whose names
will appear on the charter
Want Laws Amended.
A resolution was passed asking the
state legislature Of North Dakota to so
amend it's general corporation laws
that it would be possible for a CO.
operative company to determine how
to vote its stock on internal affairs.
The idea is to have the laws so
amended that one mans choice will
count as much as any other mans, re-
CARELESS of the number of shares of
stock he holds. For instance, man
who has only one share can have but
one vote, and so can man who has
1000 shares. One of the stockholders
who carries 1000 shares in the com
pany stated in the meeting that all he
wanted was one vote.
If this bill Is passed the present leg
islature the company will incorporate
under the laws of North Dakota, but II
not, then the charter will be secured
from some other state. The incorpor-
ators will select the state.
They will call for a meeting of the
stockholders some time prior to March
/, when the directors and officers will
be elected, as the incorporators were
only selected to act until the charter
had been secured.
Taxes Without Representation.
The chairman of the meeting was
directed to appoint a committee whose
business il will be to visit the legis-
lature of the state of Minnesota, and
ask that the laws governing the board
Of appeals be so changed that the
board will hereafter consist of one
person from North Dakota, one from
South Dakota and one from Mime
sofa. AS it is now the board is COM
posed of three men from Minnesota.
1t was shown that the expense of
this board are met from the fees for
reinspection and from appeals: that
the two Dakotans paid the great bulk
of the expense and the statement was
made that this was q system of tax
alton without representation.
Want Federal Inspection.
A resolution was also passed asking
that Senator McCumber do his utmost
to secure from the federal government
federal inspection of grain, and to use
all Of his efforts in having the bill
pass at this sitting of congress.
The members of the union were very
much pleased with their work and feel
that the new corporation will save
them good deal of money, and in the
end will prove great blessing to the
farmer all over the northwest
There will be no election here this
session, as the officers who were chosen
at Darlington in the fall will hold
over