66 COOPERATIVE MARKETING 



may be established and receive pay for same on the basis 

 of what all fruit of similar grade has been sold for, in the 

 particular pool, in which his fruit was delivered, less ex- 

 penses. The net proceeds of sales shall be distributed pro 

 rata from time to time as fast as the returns become 

 available. 



15. The funds of the Corporation shall be deposited upon 

 their receipt by the Secretary with the bank or banks desig- 

 nated as Treasuries, and shall only be paid out on warrants 

 signed by the President or Vice-President and the Secre- 

 tary. 



16. A brand or brands shall be established which shall 

 be placed on the end of each box of fruit. 



17. The Board of Directors shall have authority to de- 

 termine into what pools deliveries of fruit shall be divided, 

 both of oranges and lemons. Members may express their 

 preference in the annual meeting, and the Directors will 

 be guided thereby, but may change same when in their 

 judgment it becomes advisable for the best interests of the 

 Corporation. 



21. No fruit shall be marketed by this Corporation that 

 does not come through the ordinary channels of member- 

 ship, and no member shall be allowed to purchase fruit out- 

 side . . . and market it through this Corporation. 



23. These by-laws may be amended or altered by a vote 

 of two-thirds of all votes at the annual meeting, or at any 

 special meeting called for that purpose. 



24. Nothing contained in these by-laws shall be construed 

 to interfere with bona fide sales of orchard property, to- 

 gether with the fruit thereon, and any purchaser of such 

 property may at his option, upon signing the by-laws and 

 contract and either purchasing the certificate of the former 

 owner or contributing his pro rata share of the operating 

 investment, have the same membership rights as the origi- 

 nal member. 



25. On all questions as to the interpretation of these by- 

 laws, the decision of the Directors shall be final, unless 

 rescinded at a general meeting of the Corporation. 



