Lincoln County times. (Jerome, Idaho) 1911-1919, 1915-12-30
snail hold Office until the next annual
meeting OF the stockholders.
ARTICLE VIII.

ARTICLE VIII
The Board OF Directors shall have
full authority to employ a secretary
and buttermaker and all other help
needed to carry on the business OF
the corporation They shall have
full power to make all necessary
rules and regulations for the govern
ment Of the corporation and OF their
own members which are not incon-
sistent with the provisions OF the
Articles OF Incorporation or with
these bylaws They shall incur no
liability or expense outside OF pro-
yiding the means necessary for the
proper conduct OF the business of
the corporation except when author
lied by the stockholders. They shall
audit or cause to be audited the &C
counts Of the secretary and treasurer
at all regular meetings of the direct
ors and at special meetings, when IN
their judgment advisable. They shall
make all contracts, audit or cause to
be audited all accounts, fix all salar-
les Of officers and employees, declare
dividends when earned, and have
general supervision of all affairs and
other officers OF the corporation.
They shall prescribe the rules and
regulations governing the collection
and delivery Of cream and all other
products. They may cause the quail
ity OF same to be tested az often as
they deem expedient. May inspect or
cause to be inspected the premises Of
any patron and may cause to be re-
jected or refused, any cream or other
product that is not satisfactory or
that is not handled or produced un-
der proper sanitary and hygenic con-
ditions.
ARTICLE TX.
1t shall be the duty OF the presi-
dent TO preside at all meetings OF the
stockholders and the Board of Direct
ors. He shall call or cause the Sec
rotary to call special meetings OF
the directors or of the stockholders
whenever in his judgment 1t Is for
the best interest of the corporation,
or in case of the stockholders when a
request for a special meeting is pre-
sented to him in writing. signed by
25 stockholders setting forth the
time, place and object of such meet
ing.
ARTICLE X.
The president shall sign all con-
tracts made by the Board of Direct
ors, and countersign all certificates
of stock issued by the secretary. He
shall also sign all notes, deeds
mortgages and other conveyances OF
property of the corporation as ap'
proved by the board of directors.
ARTICLE XII.
The vice-president shall perform
the duties OF the president when the
latter is absent or unable to perform
the duties OF MS ONCE.
ARTICLE XII.
The secretary shall keep a recort
of all meetings of the corporation
He shall receive and collect all mon
ey due the corporation and pay tn
same over to the treasurer takini
his receipt therefor. He shall max
and sign all orders upon the treas
urer. The secretary shall make
report to the annual meeting OF tn
corporation, setting forth in deta
the gross amount of milk and creaI
receipts, and the net amount of r.
ceipts from products sold and a
other receipts, the amount paid oil
for running expenses. the sums pal
out for milk and cream, and all otht
matters pertaining to the business
the corporation. The secretary sha
give bond In a sum to be fixed by II
board OF directors.
ARTICLE XIII.
The treasurer shall receive ar
receipt to the secretary for all mo
eys belonging to the corporatio
y and pay out the same only upon @
: ders signed by the secretary. tt
y treasurer shall give bond in a su
to be fixed by the Board of Director
ARTICLE XIV.
l. Notice shall be posted at the IA
o tory at least ten days before a
4. board meeting, giving notice of su
n meeting, and any stakeholder or pi
If ron shall have the privilege of 6
pearing before the board and p
senting any grievance or other M
a. ter of interest to the corporation.
f. ARTICLE XIV.
Of twenty-five stockholders shall CO
ID stitute a quorum at any meeting
t. the corporation. A majority Of
m board shall constitute quorum
70 any board meeting.
+; ARTICLE XVI.
3, Each shareholder shall be EMIT
ee to one vote at each stockhold
he meeting, regardless of the number
z, shares he holds.
ed ARTICLE XVII.
til No person, firm or corporal
nd shall be entitled to hold a gres