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THE BEE-KEEPERS' REVIEW 



Minneapolis, June 27th, 1914 

 Bee-Keepers' Review: — I am send- 

 ing herewith some printed matter 

 explaining the purposes of an or- 

 ganization of Bee-keepers which has 

 just been formed in this city. Could 

 enough such co-operative exchanges 

 be formed, say one in each section 

 producing the same kind of honey. 

 The National could then become a 

 "live body" by acting in the capa- 

 cty of ia clearing house for all the 

 exchanges in the matter of dispos- 

 ing of all the honey to the best 

 advantage. 



Yours. 



L. D. LEONARD, 

 Secretary Minnesota Bee-Keepers' 

 Associatiion. 



Following is the complete Con- 

 stitution and By-Laws of the TRI- 

 STATB HONEY EXCHANGE, Inc., 

 referred to in Secretary Leonard's 

 letter: 



It will be noticed that the man- 

 agement are well known bee-keep- 

 ers that the producer will not hes- 

 itate to trust their honey with and 

 we see no reason why the exchange 

 should not be a success. There may 

 be one weak point, but this can 

 be rectified later if necessary, that 

 is, the very small capital that will 

 be available to do business with. 



Manager Bussey will be the man 

 to make the Exchange a success. 

 If he is another Rauchfuss, suc- 

 cess will be assured. The Review 

 wishes you success in the under- 

 taking. 



Certificate of Incorporation 



of 



"TRI-STATE HONEY EXCHANGE, 



IKCOllPORATfiD." 



KNOW ALL MEN BY THESE PRE- 

 SENTS, That the uiideraig'ned, citizens 

 of the State of Minnesota, do hereby 

 associate themselves together for tne 

 purpose of forming- a co-operative asso- 

 ciation or corooration under t.j.e pro- 

 visions of Chapter Filty-eight (58), Re- 

 vised Laws of Minnesota, 190.5, and for 

 that purpose do adopt tlie following- Cer- 

 tificate of Incorporation: 



ARTICLE I 



The name of this oorpoi'.ition shaU 

 be "TRI-ST.ATTt: t-TONEY EXCHANGE, 

 IN'^ORPORATED." 



The general nature of its business 

 shall be the raising-, buying, selling and 

 otherwise dealing in honey, bees, bees- 

 wax and honey products, and the do- 

 ing of all things requisite to conduct- 

 ing a honey exchange in a co-operative 

 wav for the benefit of its members 

 and in such manner as to help its mem- 

 bers market their products at a fair 



market, and to help establish and main- 

 tain a uniform price and grade on 

 honey produced in the States of Minn- 

 esota, Iowa and Wisconsin. 

 ARTICLE II 

 The period of the duration of this 

 corpor-ation shall be twenty (20) years 

 from and after the 10th day of June, 

 1914. 



ARTICLE HI 



The names and places of residence of 

 the incorporators are as follows, to- wit: 

 L. F. Sampson, E.Kcelsior, Minnesota; 

 P. J. Doll, Minneapolis, Mirmesota; L. 

 D. Leonard, Minneapolis, Minnesota; L. 

 M. Bussey, Minneapolis, Minnesota; 

 Francis Jager, St. Anthony Park, Minn- 

 esota; J. A. Holmberg, St. Paul, Minn- 

 esota, and F. W. Ray, Minneapolis, 

 Minnesota. 



ARTICLE IV 



The management of tiie association 

 or corporation shall be vested in a 

 board of five dii"ectors. 



The annual meeting- of the corpora- 

 tion shall be held on the second Tues- 

 day in December in each year, at which 

 annual meeting the directors for the 

 ensuing: year shall be elected. Any va- 

 cancy in any office or in the Board of 

 Directors may be filled by the Board of 

 Directors until the next aiinual meet- 

 ing. 



The names and addresses of the first 

 Board of Directors, who shall hold their 

 office until the annual meeting in De- 

 cember, 1914, and rmtil their succes.sors 

 are elected and qualified, are as fol- 

 lows, to-wit: L. F. Sampson, Excelsior, 

 Minnesota; P. J. Doll, Minneapolis, 

 Minnesota; L. D. Leonard, Minneapolis, 

 Minnesota; L. M. Bussey, Minneapolis, 

 Minnesota, and Francis Jager, St. An- 

 thony Park, Minnesota- — and of said 

 directors the following shall constitute 

 the officers of said corporation until 

 the annual meeting in December, 1914, 

 and until their successors are elected an 

 qualified, to-wit: L. P. Sampson, Pres- 

 ident: P. J. Doll, Secretar-y, and L. D. 

 Leonard, Treasurer. 



ARTICLE V 

 The amount of the capital stock of 

 this association or corpor-ation shall be 

 One Thousand Dollars ($1,000), and shall 

 be paid in at such times and in such 

 amounts as the Board of Directors s^sji 

 dete'-mine. The capital stock of said 

 corporation shall b^ divided into one 

 hundr-ed (100) shares of the par value 

 of Ten Dollai-s ($10.00) each. 



ARTICLE \T: 

 The highest amount of indebtedness 

 or liability to which the corpor-ation 

 shall at any time be sub.icct shall be 

 Fifteen Thousand Dollars ($15,090,00). 



ARTICLE VII 

 The first meeting of the cor-poration 

 may be held at any time and place 

 agreed upon by the incorporator;-. Any 

 meeting of the coi-poration shall be 

 a valid and regular meeting at which 

 all of the stock of the corporation is 

 represented in person or by proxy, no 

 matter how called. Notice of the ann- 

 ual meeting shall be given to each stock 

 holder by the Secretary of the coi'poi-a- 

 tion, bv mail, at least ten (10) days 

 prnor to the date of such meeting and 

 no other notice of such meeting shall 

 be required. 



