Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1917-09-21

themselves as Board of Directors by elect
ing from their number a President, Secre-
tary, Vice President, and Treasurer; pro-
vided, however that the offices of Secretary
and Treasurer may be combined into that
OF Secretary-Treasurer. Three Directors
shall constitute quorum at any meeting
for the transaction Of business.
The President, Vice President and Secre-
tary shall constitute an Executive Commit
tee.
Sec. 2. The Board of Directors shall
hold at least four meetings a year, one in
each quarter, and may hold meetings as
often as necessary, provided that all mem
bers are present. or that all members have
had twenty-four (24) hours notice in ad-
vance, The President may call a special
meeting at any time and shall call one upon
the written request of any three members
of the Board, giving each member twenty
four (24) hours notice in advance.
Sec. 3. The Board Of Directors shall
have the power, and it shall be their duty,
to hire and discharge all employees and
agents of the Association, to prescribe their
duties, to fix their compensations and, when
deemed necessary, to require security for
faithful performance of their duties. Tht
Board of Directors may make such rules
and regulations, not inconsistent with the
laws of the State of Washington, the Ar
ticles of Incorporation of this Association,
or these Bylaws, as may be deemed neces-
sary. for the guidance of the officers and
employees and members of the Association.
Sec. 4. The Board of Directors shall
have the power to incur such indebtedness
as they may deem necessary for the carry
ing out of the objects and purposes of the
Association, and to authorize the President
and Secretary to make the note of the
Association with which to raise money to
pay such indebtedness, provided that at no
time shall the Indebtedness exceed the
assets of the Association.
ARTICLE Ix-DUTIES OF OFFICERS.
Section l. The President shall preside
at all meetings of the Directors and men,
bers. He shall sign as President, all men,
bership certificates, all contracts, and other
instruments in writing which may have
been ordered by the Board Of Directors.
Sec. 2. The Vice President shall in the
absence or disability of the President per-
form his duties.
Sec. 8. The Secretary shall keep rec
ord of the proceedings of the Board Of
Directors and also of the meetings of the
members He shall keep q membership
roll, I'LL out and countersign all member
ship certificates, and make the proper en-
tries upon the marginal stub Of each certih-
cate issued. He shall have charge of the
corporate seal, and afix the same to all in
struments requiring seal. He shall keep
such account with the members of the
Association, in books provided for that pur-
pose, as the Board Of Directors may pre-
scribe. He shall discharge such other
duties pertaining to his ONCE as may be
prescribed by the Board of Directors.
Sec. 4. The Treasurer shall be the Gus
todian Of all funds properly belonging to
the Association and shall do with the same
as may be ordered by the Board Of Direct
ors.
ARTICLE INSECURITY OF OFFICERS.
other officers and employees as the Board
Of Directors shall designate, shall each give
bond in such sum and with such security as
the Board may require. conditioned on the
faithful performance of their duties. and
to turn over to their successors In ONCE all
books, papers, vouchers. money. and prop
erty Of whatsoever kind or nature, belong
ing to the Association, upon the expiration
of theirtrespective terms Of Office, Or upon
their vacating their Office. or being removed
therefrom, or with other conditions as may
be proper, such bonds to be paid for by the
Association.
ARTICLE xI.-FINANClNG.
Section /. At the time of uniting with
the Association and at the end OF each
third year after the incorporation of the
Association, each member shall give
promissory note. payable on demand to the
Association. This note shall be for the
sum of u cent per gallon for the yearly
milk production Of each member. as esti-
mated by the officers Of the Association.
But in no case shall the note be for less
than twenty-five ($25.00) dollars. When
the new note Is given the old one shall be
cancelled and returned to the maker.
Sec. 2. These notes shall be the prop
erty Of the Association and shall be used
by the Board of Directors as collateral Sc
curity with which to borrow needed money
for the Associations business. Whenever
these notes are deposited as security for a
loan all of the members shall individually
share the liability in proportion to the
face value of their respective notes.
ARTICLE XH.-GRADING AND INSPEC-
TON.
Section l. All goods produced by men,
bers for sale through the Association shall
either be graded and packed on the grow
er's premises in accordance with the rules
of the Association and subject to such in
spection as may be established by the
Board of Directors, or they shall be deliv-
cred to the Association as directed by the