I40 COOPERATIVE MARKETING 



ment for the collection of all claims against railroads and 

 transportation companies, and at the request of any of the 

 parties of the second part, the party of the first part shall 

 to the best of its ability, collect and prosecute on behalf of 

 the party in interest any claim for overcharge or loss and 

 damage not herein provided for, and also, upon the ap- 

 proval of its Board of Directors, bring suit and prosecute 

 the same in the courts, all at the expense of the party of 

 the first part. 



All matters of business involving the interests of the 

 parties hereto not herein specified, shall be determined by 

 the said party of the first part, or by a meeting of repre- 

 sentatives from said parties of the second part, as herein- 

 after provided. 



[The next following section provides for a board of rep- 

 resentatives, one to be chosen by each district exchange. 

 The board has supervision over the manner in which this 

 contract is carried out, and a vote of the representatives is 

 equivalent to instructions to the board of directors of the 

 California Fruit Growers Exchange. If demanded, voting 

 power on the board of representatives is according to ship- 

 ments of the district exchanges.] 



'^ Turning to the machinery which the central exchange 

 has established for the performance of its duties as general 

 agent of the district exchanges, we find as the most tangible 

 feature a well equipped general office in Los Angeles, or- 

 ganized into various departments. In outward appearance 

 the Exchange does not differ markedly from any modern 

 business office, but its methods and its sources of authority 

 are fundamentally tmlike those which exist in an ordinary 

 mercantile corporation. 



On each Wednesday morning the board of directors of 

 the California Fruit Growers Exchange holds its regular 

 meeting. The sevehteen directors are the only stockholders 

 of the exchange, so a meeting of the board amounts to a 

 general meeting of the corporation. From the practice of 

 holding weekly meetings it is evident that this board of 



