Cooperative Organizations in Agriculture 49 



" To purchase or otherwise acquire, hold, own, sell, and other- 

 wise dispose of any and every kind or kinds of real and personal 

 property necessary to carry on its business, and to acquire by 

 purchase or otherwise the interest of any member in the property 

 of the association. 



" Upon the written assent or by a vote of members represent- 

 ing two-thirds of the total votes of all members to cooperate 

 with any other cooperative corporation or corporations for the 

 cooperative and more economical carrying on of their respective 

 businesses, by consolidation as provided in section 653 i of this 

 code, whereupon the effect of such consolidation shall be the same 

 as declared in said section ; or upon resolution, adopted by its 

 board of directors, to enter into all necessary and proper con- 

 tracts and agreements, and to make all necessary and proper 

 stipulations and arrangements with any other cooperative cor- 

 poration or corporations for the cooperative and more eco- 

 nomical carrying on of its business, or any part or parts thereof ; 

 or any two or more cooperative corporations organized under 

 this title, upon resolutions, adopted by their respective boards of 

 directors, may, for the purpose of more economically carrying on 

 their respective businesses, by agreement between them, unite in 

 employing and using, or several associations may separately em- 

 ploy and use, the same methods, means and agencies for carry- 

 ing on and conducting their respective businesses." 



In some of the states, an effort is now being made to 

 reorganize on a non-profit basis some of the farmers' asso- 

 ciations that were formerly organized under the stock 

 corporation laws. The reorganization presents many 

 difficulties. Two general methods are being followed in 

 bringing it about. When legally possible to do so, it is 

 effected by amending the articles of incorporation under 

 which the association was originally formed along the 

 lines desired. When the articles are not subject to amend- 

 ment, the corporation has to be dissolved, a new corpora- 



