54 Cooperation in Agriculture 



FOURTH, The term for which it is to exist is fifty years. 

 FIFTH, The number of directors of this corporation shall be 

 _ who shall continue to hold office until their suc- 



cessors are chosen and qualified ; and the names and residences 

 of those selected for the first year and until their successors shall 

 have been elected and accepted office shall be 



of , California. 



of , California. 



SIXTH, The voting power and the property rights and interests 

 of its members shall not be equal, but on the contrary members 

 will contribute to the investment necessary for operation in the 

 true proportion that the number of bearing acres of citrus or- 

 chards owned or controlled by each member respectively bears 

 to the whole number of bearing acres from which citrus fruits are 

 delivered or engaged to be delivered to this association any time 

 during the year such memberships are issued; and the voting 

 power, property right, and interest of each member shall be in 

 the proportion of such contribution, and under this rule this 

 association shall have power to, from time to time, admit new 

 members who shall be entitled to vote and to share in the prop- 

 erty of this corporation the same as the old members. 



SEVENTH, A certificate of membership shall be issued to each 

 member of this corporation which shall not be assignable or en- 

 title the assignee to any voting power, property right, or interest 

 except as may be provided by the by-laws of this corporation. 



IN WITNESS WHEREOF, We have hereunto set our hands and 



seals this day of 1911. 



. (SEAL) 



(SEAL) 



State of California 1 



County of J 



On this day of , 1911, before me, . 



a Notary Public in and for the county of resid- 

 ing therein, duly commissioned and sworn, personally appeared 



