CO-OPERATION IN THE UNION. 22J 



card, to be furnished to any person eligible to membership, 

 and who shall make a regular application for membership, 

 agreeing to give the greater portion of his patronage to the 

 store and take his dividends in stock until he shall have ten 

 shares paid up. The price of said card shall be fifty cents, 

 which sum shall go to the educational fund. 



Sec. 5. The board shall prepare semi-annual state- 

 ments showing the financial condition of the company, 

 and report the same to the company in April and October. 



Sec. 6. The board shall appoint two stockholdrs who 

 shall audit the books and accounts of the company 

 immediately prior to the publication of the semi-annual 

 statement. 



Sec. 7. The members of the board must all be stock- 

 holders in the company, and it shall have power to fill any 

 vacancy that may occur by resignation, or otherwise, until 

 the next annual election of directors. 



ARTICLE IX. Officers and their Duties. Section z. 

 The president shall preside at all meetings of the company 

 or board of directors, but in his absence a chairman may 

 be chosen. He shall also have general supervision of the 

 business, have access, when necessary, to books, bills, and 

 papers, inquire into finances, and require from the manager 

 statements and information concerning the condition of 

 the company, and call special meetings of the board, or of 

 the company, when, in his judgment, it is necessary, 

 or when a majority of the board, or of the company, 

 require it 



Sec. 2. The secretary shall have charge of the 

 stock book, and other books, papers and documents of 

 the company, and shall keep a correct record of the 

 proceedings of all meetings of the company and of the 

 board. 



Sec. j. In addition to the duties enumerated in 

 Article VIII of the by-laws, the business manager shall 



