230 IOWA DEPARTMENT OF AGRICULTURE 



they first organized of course they organized the same as anyone. They 

 had twenty-seven memhers on the board of directors and they elected them 

 at their stockholders meeting. The first year when they organized they 

 elected three, two for one year. Now we elect nine in one year. We elect 

 them at our stockholders meeting, so there are always eighteen old and 

 original on the board of directors. On the same day, though, we meet as 

 the executive board; that is, the board of directors, out of these twenty- 

 seven people elect their board of directors which is four, our officers, the 

 president, vice president, secretary and treasurer, and five members. At no 

 time can there be more than one-third of the executive board from any 

 one township at the time of election. Of course there might possibly 

 somebody move into a certain township where there was close to three, 

 and in the meantime make more than a third; but at no time of election 

 can there be more than one-third of the directors from one certain town- 

 ship. That would be nine. There cannot be more than nine from one cer- 

 tain township. In the matter of a quorum, in our stockholders meeting 

 we must have forty members to make a quorum to do business. In the 

 board of directors a majority constitutes a quorum. 



There is another thing in regard to the distribution of stock. There 

 can be no distribution of stock until the dissolution of the association, 

 and there is no way of dissolving the association or disbanding with- 

 out first getting a two-thirds majority vote of the stockholders. That 

 doesn't mean by proxy of the stock sold. You have to get two-thirds 

 majority of the stockholders before you can dissolve the organization, and 

 a special meeting of stockholders can be called by either the executive 

 board or the board of directors or by petition signed by fifty stockholders. 

 It requires either fifty stockholders on the petition or a majority vote of 

 the executive board or the board of directors. 



In regard to the organization work, I have taken that from our work 

 there. I was not as familiar with the organization as perhaps a good 

 many people over me were. In the first place when Mr. Rigby asked me to 

 appear on the program I thought it should be someone more accustomed 

 to speaking in public, and one more familiar with the work. 



Now this matter of System in Fair Management. I have divided this as 

 applies to our fair particularly. I hardly think it is a system that 

 would apply to all conditions of fairs in all parts of the state. But the 

 system we have conducted there we feel has been a success as far as our 

 fair is concerned. I will try to explain it to you as best I can. I have 

 divided it into three sections: namely. Co-operation advertising — you 

 have gone pretty strongly into this advertising business — and the goods. 

 I have divided it into three different parts. Now you take it as far 

 as the co-operation goes and you have got to have a feeling of co-opera- 

 tion amongst your public in general, and amongst your officers in charge. 

 Now if you can work out a system where you can get the co-operation 

 of the public in general in connection with your officers, I can't see 

 how you are going to fall down on a county fair. You take it, organized 

 as we are up there, from the stockholders to the board of directors, and 

 from the board of directors to the executive board, I as secretary of 

 our fair up there look more to this organization in our executive board 



