CRREFULiy
READ yOUR ey-wins
EcerrrTs' v.> tvs by-lays ,- . iestito ■ v recalls
AR77C-L3 VII, Soc ti n R. S-'-dal Vast ings of the members of the Association nay'be
called at any tine u^on three days notice by the President uoon his orn accord,' upon
resolution of the Board of Directors, or upon vvritten petition to the President of the
Bear'-1 : nod by 55 -cr cent of the Bribers of the *v.sociat ion. The purpose of every
special meeting shall be stated in the notice thereof, and no business shall be trans
acted thereat except such as is specified in the notice.
ARTICL3 VIII DIRECTORS .d OF^ICBRS
Section 11. Renoval of D~rectors or Officers. Any director or officer nay be removed
from office for cause upon setting forth the charges against him, in a petition, signed
by not less than twenty-five per cent of the members of the Association, by the major
ity of the members at any annual meeting of the members or at any special meeting of
the members called for that purpose, at which meeting the members shall also fill the
vacancy moused by the removal h election by ballot. Said -of.it.ion of com* laint shall
be filed - ith the secretary and a cony thereof delivered to the director or officer
charged,~not* "lateir" "than" ten days'before any annual meeting and no special meeting shall
^"called" to" Yote’Tfpon said'"p'e't'itTo"lFFn~c"r~ t-nan FerT days"'of'te c "its ~filgng'"and" "delivery
as" aTFre'Tarr._"phc 'director or officer against whom such charges have been brought shall
"nave" an" "o’" "or tun it y at the meeting where the charges are voted upon to be, heart^.in
person or by counsel and to present'witnesses; and the .'arsons bringing charges against
him shall have the same opportunity.
ARTICLS X DUTIES of 0371^
Section 1. Butie's of President. The President shall (1) ''reside over all meetings of
the Arr-'y- iation and of the Hoard of Director s,*(3) perform all acts and 'duties usually
performed by an executive and "residing' officer, and (4) sign all stock certificates
and ouch other rapers of the Associotion as he nay he authorised or directed to sign
hy the : oard of Directors, provided, the hoard of Directors nay authorize any officer,
agent or employee to sign any or .all contracts and other instruments in writing on b«
• half of the Association. The nresident shall perform, such duties as ay be prescribed
by the Board of Directors.
Section 3. Duties of the Secretary. The secretary shall keep a complete record of all
meetings of the Association and of the oard of Dire ••tors, Ho shall servp all notices
rennrreq by lav? and by these by-lavs and shall make a full report of all nutters of
uusfuass' Certainir.g to his office to the members at the; annual-meeting of thp .Associa
tion and also rake all reports and -sign all corporate documentg , •.coapmuiniejatforis of
papers reouired of him by the Board of Directors and by-laws. He shall keep the cor
porate seal and affix said corporate seal to all oarers requiring seal, and when sc
affixed, attest same by his signature. ’Then he has to sigji...-a document requiring the
cornorate seal himself, the seal may be attested by the Fresident or I'anager. He shall
keep a rroper membershin took showing the name of each member of the Association, the,
number of his stock certificates, and dates of their issuance, surrender and cancella
tion of the member's suspension, removal or withdrawal from the Association, He shall
fcee" the book of blank stock certificates and make rroper entry on the stub of each
certificate of stock that, is issued, of the record of issue, transfer, cancellations
and other transactions involved, and keep said record uu to date. He shall act as
secretary of the executive Committee, of the Board of Directors, and shall perform
such other duties as may'be required of him by the Association or the ?'Oard of Direc
tors. .Ur,on the election of his successor, the Secretary shall turn over to him all
books and other property belonging to the Association that he may have in his possessior
* Accidentally omitted (2) call special martin w of the Association and of the Board
cf Directors.
T^o "nury Cooperative Association of Port
land Ore” n, had an out'ut of 192,706}583
rounds of ’.ilh, by the organizations 4,''00
-roduo ,r~ on.bers last year.
The Chairman of the House Agriculture Com
r.itt-v nude a survey of bread prices in
major cities and found that, for the count ly
as a vholc, there had boon no reductions as
a result of t/hoat declines. ' T is adcls_ ur
as follows-farmers, 7C cents per bushel
Idas—consumers, no ’harwje-—speculators
arofit——haliers and other distributors pro
fit, ertra profit one cent on each one
^ound loaf.