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in the rules for co-operative stores, at the ninth annual 

 session of the National Grange,$s nearly as they can, 

 under the laws of their respective States. 2nd. That we 

 understand the folding to be leading and essential points, 

 that ought to be strictly adhered to, and therefore 

 recommend: 



1. The cash system of business. 



2. Sell for a fair marginal profit. 



3. A fixed interest on share capital. 



4. Quarterly settlements. 



5. Division of profits among purchasers. 



6. Full dividends to share-holders on purchases. 



7. Half dividends to non-share holders, and non-patron 

 customers. 



8. That as far as practical, under the laws of the State, 

 that each member have but one vote, without regard to 

 the number of shares he may own. 



9. That those Patron's joint-stock associations, where 

 all profits are now divided among the share-holders, are 

 requested to change them into co-operative associations 

 as soon as they can make it convenient to do so. 



10. Your committee further recommend, that as soon 

 as the necessary steps are taken to organize, in any of our 

 trade centers, commissian and wholesale houses, on the 

 co-operative plan, as hereinbefore set forth, that all local 

 and district co-operative associations in convenient reach 

 of such business centre, or whose business centre it is, be 

 requested to take shares of stock in the same. 



We recommend as important trade centres, where com- 

 mission and wholesale co-operative stores should be es- 

 tablished by members of our Order at as early a day as 

 possible, to-wit: 



New York. Cincinnati. Memphis. 



Boston. Louisville. New Orleans. 



Philadelphia. St. Louis. Galve3ton. 



Baltimore. Chicago. Savannah. 



Kichmond. Indianapolis. Charleston. 



Wilmington, 

 and at any others where the Patrons may so desire 



