The Stanford interior journal. [volume] (Stanford, Ky.) 1911-1912, 1912-01-05

10 the decision Of the District Board
OF the Burley Tobacco Society prior
to October I, 1912; the stock sub
scrihed by him being. per
cent of the gross sales Of his tobacco.
and in case OF the failure Of the un-
dersigned 10 indicate at the time OF
the signing OF this pledge the amount
Of stock subscribed for by him. hts
signature tn this contract shall be con
strued as a subscriI ton To said stock
TO an amount equal To- twenty per cent
OF the gross sales Of his tobacco. When
tobacco is sold the undersigned au-
thorizes the Burley Tobacco Society
To pay for said stock out Of the pro
ceeds of said tobacco. The shares OF
said stock 70 be issued to the under
signed. but no fractional shares shall
be Issued.
The undersigned by reason of this
contract becomes and Is entitled to all
the privlleses or member OF the said
Surrey lobacco society.
Upon MS nature 10 tuliy comply WIN
lhe terms ann CONDITIONS OF TINS con
tract the uhdersished horehy agrees
10 pay 10 Said society as hquldated
uamaFes twenty per cent oi me value
OF Salu louac'o Tor the behent OF the
nehlherS OF sara society but ms shali
no. ne construed as waiver OF the
rlSht oi saia aSeht 10 enforce thls con
tract ot 10 en!oln Tvs preach IN equity
Inc hoa OF directors OF 'n' BUT
icy looaccn Spcie'y shau ci'Ho'Fe lne
pool IN any wear PROVIDED tWo-thirds
IN interest OF nose VINO were mem.
DerS III me preceding year ana are sun
heH'uerS ~ tne Ne'r w Whlch tpe Vo'e
Is 'afen Nole accorolnsly' me pro Or
,luh''e III ~ '''n voter 10 oe ue-
'v'u,H'u ny V,e uudh'"y ui .".ac. U
Nh'VH ~ may "d'' t'""u anu uei'N'
ere. W t"e pooI w 'ne pr''euihs year,
'ue Ho''u vi hieV,u's ma! w any
year o'Sef 'n1 p'o,lue LOT sncn e'eo'
r',a, nro,,,a, a,a..t,,,, 49,, ~, A. ~
80, mo ,'.r,,,or ,or',,d -, orc.
go, - a.. ,,,,,,,,tor. 20 a., ao,io,,.
80, - a. - ~ .t,.-,'
49, ".'i ~ -
!" ,u '".i ~ ua'
~ annual ,'le' NV '-'''''"
", 'i-"' = ~ -
nv '". |'t ''''" y, va VT. p".,,u
49, "a 49, VI sU"-'I VIZ .''.o
Sil-Iy." a. i'r,H u'" Nv uesCe". W
u - ~" J." ,' ~,
contract snail he clnceIi'd on the hrSt
~ ''tT ~ w. 'Ip ~ ug-'e"' VI
~ Guy ~" -" -" u,
."' III vi i-' -, - 20 s', ~,
- Nv" va va
20 80 ''' 'i'a s''''' l''''''
- ue1o',.' 20 w '''ls ,".', :. ",' al
III ~ -" - 'u'
a'iu .,'',',''' ~" ,.,,, W WIZ"
op,lon sn'l .e nI'S",eu ~ nam On OF
ueiVle suV' da,'' 10 WI January J., ny
,'a ~ w y" tn'a p'e's''
ouI pel"ie purchaser can eNerc So
80 49," 49,. ,e",o u,''' ''u'.'e,
n nIS as,S"s '.Vu -! ms sis"a''''
e"uu' sou WI 'iiiS contract
IL he does not consent to the exercise
OF such option by the purchaser, the
vendor snail have the right To sub
sutute IN Tue pool In lieu Of the land
SOFA ny MN an approximately equal
number of acres Of land; but his do
sire to make such substitution must Q
ih'l'ated on ar '"''r" January FOL
.o"I ~ NE sac 81 his lool"d land hv
a written enforcement signed BY him
on the back ~ this pledge. which Ell.
uo.Stheht shaII describe the land sub
s'i !,
Iur'her understood and agreed
,a na w pooI VIII De closed so Tar as
, n, are concerned. on or before
n mdich l, islZ. IN the discretion 81 the
lIstric' Board and that thereafter no
, me" memners can be admitted, hut
- 's'rNst hoard OF The hurley To
uao.o ooiety nj their regular annual
jwo-tn :" CV'oDer VI each year by
If the Sooia,, ia, 40! open 'he boohs
nov seiy Tor the admission ~
sncs ,orrns s , al sncn tme and uron
msv n,aao.I,N u 'o .n, "'i's as me Board
the bno,,a o. ,"e ,Ine Tor closing
memhe,n tor ,he admission OF new
ton - al oe IeH 70 the discr-
7, a. ,is,,..,
inps incon'a asreeu that me earn
Rnr,av Tn,a nd surplus made by the
1900 IRON 80, np"hy upon ""
hers q, ~. ,aoo "e'onS 10 the mem
Roard y, pira. y"' poo' ana that the
bacco Sa.,n eo.ors o' me Burnley To
r,,r ,,a,. may invest the same
sa,a pna, 'non' ~ me discretion 81
each va,, "" ,he ISL OF october In
the P,rIav Tohu OF directors nf
IODdfcD f'OmnQnV tan