COOPERATIVE BULL ASSOCIATIONS. 
25 
cent of the face value added to the assessment is an added incentive 
to make the payment on time.] 
Sec. 6.— Failure to pay assessment. Any member failing to pay or make satis¬ 
factory arrangement for the payment of an assessment within 30 days from 
the time such assessment is due and payable shall forfeit all rights as a 
member. 
[Section 6 is designed to cover the absolute refusal of a member to 
pay, make arrangements for paying, or withdrawing. It allows the 
association to rid itself of a delinquent member and to continue to 
carry on its affairs in a businesslike way.] 
Article VIII. Dissolution. 
Sec. 1.—This association can be dissolved only by action taken at a regular 
meeting, when three-fourths of the members are present, and when three- 
fourths of those present vote in favor thereof. If no quorum is obtained by the 
first call for a general meeting at which the proposition of dissolution is to 
be taken up, a second general meeting, regularly called, may decide the matter 
by a majority vote, regardless of the number of members present. 
[The dissolution of a bull association is a misfortune to the dairy 
interests of a community. Careful attention therefore should be 
given to insure proper organization so that the association may 
operate for a long period.] 
Article IX. Amendments. 
Sec. 1.—These articles of association may be amended by a two-thirds ma¬ 
jority vote of the members present at any annual meeting. 
[This requirement is made because the constitution is the founda¬ 
tion upon which the organization stands and it should not easily be 
changed.] 
BY-LAWS. 
Article I. Duties of Officers. 
Sec. 1.— Management. The board of directors shall have the management 
and control of all the business of the association, fix the compensation of the 
officers, make proper arrangement of blocks and membership therein, provide 
a bull for each block, select, purchase, and sell the bulls of the association, fix 
the rate of qompensation for bull service, arrange for a keeper and his compen¬ 
sation, and for the care and handling of the bulls. 
Sec. 2. — Officers. The president, vice president, and secretary-treasurer 
shall have the usual functions of such officers. 
Sec. 3. —Annual report. The secretary-treasurer shall mail to each member 
ten days before the annual meeting a statement approved by the board of 
directors showing the financial condition of the association, which statement 
shall be acted upon by the members at the annual meeting. 
[The full membership is too unwieldy to transact the detailed busi¬ 
ness of the association; it is therefore necessary to arrange for a 
smaller body for the purpose. The directors are elected by the mem- 
