142 Cooperation in Agriculture 



shall be signed by the secretary ; he shall give bond in such 

 amount as the association shall provide. 



The president, vice president, secretary, and treasurer and 

 three trustees shall constitute a board of directors whose duties 

 shall be to audit and allow all just claims against the association. 



The board of directors shall cause the secretary to make in 

 writing a report of the annual meeting of the association, setting 

 forth in detail the gross amount of milk and cream receipts, the 

 money receipts and disbursements, together with a compre- 

 hensive statement of the financial standing of the organization 

 and such other information as may be necessary for the share- 

 holders and patrons to understand the business condition of the 

 organization and he shall cause such a statement to be printed 

 on the notice of the annual meeting. 



ARTICLE 5 



The several members shall furnish all the milk, or cream from 

 the same, from all the cows subscribed by each member, all 

 milk and cream to be fresh, unadulterated, and pure. Patrons 

 of the association, not members, may by agreement with the 

 board of trustees, furnish such amounts of milk and cream as may 

 be agreed upon. The association shall receive all such milk and 

 cream so furnished, manufacture the same into butter or cheese 

 or both, sell the product, and from the moneys so received deduct 

 such percentage thereof (or such a number of cents per one hun- 

 dred pounds of milk, or a fraction of one cent per pound of butter- 

 fat) as shall be agreed upon by the association in the by-laws or 

 otherwise, and also deduct the running expenses of the creamery, 

 the remainder to be distributed as provided in Article 4. 



ARTICLE 6 



Each member shall be entitled to one vote at any meeting of 

 the association. New members may be admitted as provided 

 in the by-laws. 



