Marketing Pecans 159 



by other Members. The Exchange agrees that during the term of 

 this Agreement it will not accept for sale or deal in any pecans except 

 for the account of the Members of the Exchange and under Agree- 

 ments similar in form to this one and such other form as may be 

 adopted by the Board of Directors not inconsistent with this Agree- 

 ment, for general use in dealing with its Members. 



12. If this Marketing Agreement be signed by a firm, co-partner- 

 ship, corporation or association and the firm, co-partnership, corpora- 

 tion or association be terminated by voluntary dissolution or other- 

 wise during the existence of this Agreement then it shall apply to 

 each and all the individuals thereof after such termination. 



13. It is agreed that this Marketing Agreement contains the 

 whole agreement between the Exchange and the Member and no 

 statements or representations are of any force or effect unless set 

 forth herein. And the Member acknowledges receipt of a copy of 

 the By-laws of the Exchange. 



14. In consideration of the undertakings of the Member the 

 Exchange accepts the trust created and will use its best efforts not 

 only to dispose of all nuts delivered to it during the seasons of 

 1923 to 1927 inclusive to the satisfaction of the Member but to 

 endeavor by all legitimate means to extend and broaden the market 

 for pecan nuts by stimulating old and opening up new markets at 

 stable and profitable prices to the end that pecan marketing may be 

 established on a permanent and profitable foundation. 



15. The Exchange further engages that it is a grower's co- 

 operative, non-profit marketing association without capital stock 

 and that its operations will be carried on as economically as consist- 

 ently may be ; and that it is operated with equal rights to all and 

 special privileges to none. 



16. Each Member shall be entitled to one and only one vote irre- 

 spective of tonnage, at any Membership meeting of the Exchange 

 for the election of Directors or the transaction of any other business 

 coming before any regular or special meeting. 



17. This Agreement binds the heirs, executors, administrators 

 or successors of the respective parties hereto; and no Member shall 

 be permitted to make a fictitious sale of property in order to evade , 

 the obligations of this Agreement. 



In witness whereof the said Exchange has caused these presents 

 to be executed in its name and signed on its behalf by its President ; 



