32 
FARMERS 9 BULLETIN 993. 
young, may be spoiled by misuse, and the keepers should cooperate 
with the directors in keeping him in the very best condition. 
Twenty-four months is the youngest age at which heifers should 
freshen, and, though sometimes allowed to freshen earlier, care¬ 
ful breeders prefer to have them get the maximum development 
before calving. 
Sometimes the service of association bulls is permitted to cows 
owned by nonmembers, but since the nonmembers can not be re¬ 
quired to live up to regulations of the association it is an unsafe 
practice. Under the assessment plan any farmer may easily become 
a member of the association and by paying the required assessment 
may have the benefit of breeding his cows.] 
Article IV. Withdrawal. 
Sec. 1 .—Transfer of stock. The association may by a majority vote of the 
stockholders purchase the stock of any member whose stock is for sale or 
who fails to pay any assessment. Stock may be transferred, but the associa¬ 
tion may restrict the transfer of stock to such persons as are made eligible to 
membership by the constitution. 
Sec. 2. — Time. Withdrawal from the association without providing sub¬ 
stitute members may be made only on the first day of_of 
each year. 
Sec. 3.— Notice. Any member who wishes to withdraw and has no satis¬ 
factory substitute shall give a written notice of such desire to withdraw to the 
president of the association not less than 30 days before the 1st day of 
_-i of the year in which the withdrawal is desired. 
Sec. 4.— Compensation. At the end of the fiscal year following his notifica¬ 
tion of withdrawal, any member who for any reasonable cause has withdrawn 
shall receive such reasonable compensation for his investment in the association 
as the directors decide is equitable. 
[ The withdrawal of a member may become necessary, and it is only 
fair to the individual member that a just settlement be made. The 
member must consider, however, that his withdrawal upsets to some 
extent the plans of the association, and should be prepared to make 
some sacrifice for the privilege of being released from his obligations 
to the association. If the withdrawing member can get a farmer who 
is not a member to take his place the disturbance of the plans of the 
association is very small. The best time for the withdrawal is at the 
annual meeting, when it is possible to make adjustments that will 
reduce the inconvenience. There will be particular reasons for each 
withdrawal, and the arrangements for it should be left to the direc¬ 
tors, who will deal fairly with the withdrawing member. 
The following scale of reimbursement has been used by a five-block 
association and is given here merely as a suggestion for those who 
wish to incorporate such a regulation: If the withdrawal is made 
before the end of the first year, the withdrawing member may receive 
75 per cent of the total investment he has paid; at the end of the 
