256 Cooperation in Agriculture 



an individual might exercise, including the right to vote upon 

 the stocks and other securities ; 



To aid in any manner, any corporation or association of which 

 any bonds or other securities or evidences of indebtedness or 

 stock may be acquired or held by or issued, in the interest of 

 or at the instigation of this corporation, and to do any acts or 

 things designed to protect, preserve, improve, enhance, the value 

 of, or to make guarantees in respect to the value of any such 

 bonds or other securities or evidences of indebtedness or stock. 



Third : That the City of - , County of - 



and State of California, is the place where its principal business 

 is to be transacted. 



Fourth : That the period of its existence shall be fifty (50) 

 years. 



Fifth : The number of directors shall be fifteen (15) and the 

 names and residences of those who are appointed for the first 

 year are as follows : 



Sixth : The amount of its capital stock is Five Hundred Thou- 

 sand ($500,000.00) Dollars, divided into fifty thousand (50,000) 

 shares of Ten ($10.00) Dollars each. 



Seventh : There has been One Hundred and Fifty ($150.00) 

 Dollars of the capital stock actually subscribed, and by the fol- 

 lowing named persons, in the number of shares and amounts set 

 opposite their names : 



NAME NUMBER OF SHARES AMOUNT 



The supply company is organized as a stock corpora- 

 tion, though it conducts its business primarily in the 

 interest of the members. The stockholders are a large 

 number of cooperative fruit-growers' associations. It 



