The Coconino sun., 1925-06-12


sons to membership in the Associa-
ton, and to expel any member pur-
suant to the provisions Of its bylaws;
to forfeit the membership of any
member for violation of any agree
ment between him and the Associa-
ton, or for his violation of its by
laws.
(c) To buy, receive as gifts, hold,
operate, manage. lease, sell, or other
wise dispose of, and exercise all
privileges of ownership over, such
real and-or personal property, includ-
ing, but not restricted to, trademarks,
copyrights, patents, and-Or shares of
stock in other corporations as may be
necessary or convenient to conduct
and-or carry out any one or more or
all of the purposes or objects for
which this Association is formed, or
any Of its business; to borrow money,
and to make and issue notes, bonds,
debentures, obligations and other evil
dences of indebtedness of all kinds,
whether secured by mortgage, deed
Of trust, pledge, or otherwise, and to
secure the same by mortgage, deed
of trust, pledge, or otherwise, and
generally, to make and perform agree
ments and contracts of every kind and
nature.
(d) Upon the written assent or by
a vote Of members representing two
thirds of the total votes of all mem
bers to cooperate with any other CO.
operative association or associations
for the cooperative and more economi-
+Lo,V ~
businesses, by consolidation as pro-
vided in Section Six Hundred and
Fifty-Three of this Code, whereupon
the effect of such consolidation shall
be the same as declared in said Sec
ton; or upon resolution, adopted by
its board Of directors, to enter into all
necessary and proper contracts and
agreements, and to make all neceS-
sary and proper stipulations and ar
rangements with any other coopera-
tive association or associations for the
cooperative and more economical car
rying on of it's business, or any part
or parts thereof; or any two or more
cooperative associations organized un-
der this title, upon resolutions, adopt
ed by their respective boards of direc-
tors, may, for the purpose of more
economically carrying on their respec-
tive businesses, by agreement between
them, unite in employing and using,
or several associations may separately
employ and use, the same methods,
means and agencies, for carrying on
and conducting their respective busi-
neSSeS.
(e) To do each and everything
necessary, suitable or proper for the
accomplishment of any one of the
purposes, or the attainment of any
one or more of the objects herein
enumerated or conducive to or ex-
pedient for the interest or benefit of
the Association, and to contract ac-
cordingly; and, in addition to exer-
else and possess all powers, rights,
and privileges necessary or incident
to the purposes for which the Asso-
citation is organized or of the activi-
ties in which it is engaged, and, i'll
addition, any other rights, powers and
privileges granted by the laws of this
state to other corporations, except
such as are inconsistent with the ex-
press provisions of the laws under
which this Association is organized,
and to do any such thing anywhere;
to do any Of the things or effect any
of the purposes herein set out and
conduct its business generally for the
profit of its members; to use and en-
ploy any Of its facilities for any pur-
pose, provided the proceeds arising
from such use and employment shall
go to reduce the cost of operation for
it's members; and, provided, further,
that products of non-menbers, similar
to the products handled for its mem
hers, shall not be dealt in to any
amount greater in value than such as
are handled by it for members.
Third: That the place where the
principal business of said corporation
is to be transacted is. or shall be,
San Francisco. California.
Fourth: That the term for which
said corporation is to exist is fifty
(50) years from and after the date Of
its incorporation.
Fifth: That the number of directors
of said corporation shall be twenty
five (25) and that the names and
addresses of the directors who are
appointed for the first year, and to
serve until their successors shall have
been elected and shall have accepted
office, are as follows;