Cooperation 141 



ARTICLE 2 



The object of the association shall be the manufacture of 

 butter or cheese or both from whole milk and cream, at actual 

 cost. 



ARTICLE 3 



The officers of the association shall be a president, vice-presi- 

 dent, secretary, treasurer, and three trustees, who shall be elected 

 annually at the regular annual meeting of the association to be 

 held on the first Monday in January of each year, and their terms 

 of office shall be one year or until their successors shall have been 

 duly elected and qualified. 



ARTICLE 4 



The duties of the respective officers shall be as follows : 



The president shall preside at all meetings of the association, 

 and he shall have power to call special meetings of the associa- 

 tion whenever in his judgment the business of the association 

 shall require it. 



The vice president shall perform the duties of the president 

 when the latter is absent or otherwise unable to attend to them. 



The secretary shall keep a record of all meetings of the associ- 

 ation and shall send or cause to be sent a notice of the annual 

 meeting to each shareholder of the association at least ten days 

 before such meeting. He shall also make and sign all orders 

 upon the treasurer. He shall compute the amount of milk and 

 cream received, the amount of product sold and all moneys re- 

 ceived therefor, and after deducting from the total receipts the 

 percentage herein provided for as sinking fund, and also the run- 

 ning expenses, on the 20th day of each month, shall divide the 

 remainder for the preceding month among the members and 

 patrons of the association, proportionately to the number of 

 pounds of butter-fat furnished by each. 



The treasurer shall receive and receipt for all moneys belong- 

 ing to the association and pay out the same only upon order which 



