CO-OPERATION IN THE UNION. 225 



by the constitution and by-laws, give all possible patronage 

 to the enterprise; devote my talents and energies to this 

 great educational work; discountenance dishonesty, indo- 

 lence, intoxication, calumny, violence, and any and all 

 other forms of immorality; and I further agree, to at all 

 times cheerfully do and perform such work as may be 

 assigned me for the advancement of social, industrial and 

 political co-operation, the best and surest remedy for 

 the emancipation of honest industry from monopolies of 



all kinds. 



(Name) 



The above constitution embodies all the vital pro- 

 visions of the Rochdale and other successful co-operative 

 associations, all technical and mystifying verbiage being 

 eliminated. 



As the by-laws relate principally to the management 

 of the enterprise, they can be arranged for that specific 

 purpose. We give below by-laws suitable for a retail 

 supply store: 



BY-LAWS. 



ARTICLE I. Name and Location. This association 



shall be known as the Co-operative Company, 



and its principal office shall be in 



ARTICLE II. Object and Aim. Its object shall be to 

 conduct a retail family supply store; furnish its patrons 

 good, pure articles, full weight and measure, and give the 

 savings to the patrons. 



ARTICLE 1 1 1. Capital Stock. The capital stock shall 

 be $5,000, divided into 1,000 shares of $5.00 each, and the 

 rate of annual interest on paid up capital shall be five 

 per cent. 



ARTICLE IV. Limitation of Shares. Bach member 

 shall be entitled to ten shares of stock and no more, and 

 all interest on capital, dividends accruing to a member on 



