144 QUEENSLAND AGRICULTURAL JOURNAL. [1 Ava., 1899. 
8. A director shall be disqualified or removed from office if he is a party to any 
dealings or sales by which he uses his position to his own special benefit; if he ceases 
to hold shares; if he is absent from three consecutive meetings of the council of 
directors without leave; or if he is concerned in, or participates in, any contract with 
the association other than the ordinary business as a member and shareholder of the 
association. : 
9. At the annual meeting held in January of each year three directors shall 
retire, who shall be eligible for re-election, and any casual vacancy (occurring in the 
number of directors) shall be filled by referring the same to the council or branch of 
the association as may be, who shall elect any other qualified member to act as director, 
to sit and fulfil such office only till such time as the vacating director would have 
retained office had no vacancy occurred. f 
_ 10. The services of directors to be honorary, but the ordinary council of the 
association may determine upon any grant or remuneration for services rendered to 
the association, and may vote any such amount as may be deemed by them necessary 
for such services. ' 
11. Any officer or member guilty of misdemeanour shall be disqualified from all 
privileges of the association, the same to be by a majority vote of the council or 
association. 
12. The expulsion of any member shall not be subject to any appeal to law, nor 
shall any mentee or branch be entitled to any refund or compensation for moneys 
paid or services rendered whilst in membership other than by the sale or transfer of 
any shares which he may hold to other members of the association. 
13. The secretary or manager shall be nominated by the council, and shall be 
appointed by a majority vote of the shareholders. He shall have control of all 
business, keep all documents, books, &c., and act as general agent on behalf of the 
association. Payment for his services to be fixed by the council, and he shall be 
indemnified by the society against all losses and expenses incurred by him in and 
aboni the discharge of his duties, except such as happen by his own wilful act or 
efault. 
14, Proyided that the directors shall not, without the sanction of the association’s 
council, exercise any powers or incur any liabilities except those conferred and stated 
herein—i.e., only such as may be requisite for the due management and proper carrying 
out ot any business acquired or undertaken by the association, and approved at their 
ordinary or special meetings. 
15. The directors may, in their management of the business of the society, 
subject to the restrictions herein contained, commence (upon the registration of this 
association) to do business in the name and on behalf of the society, as follows :— 
A, 
The directors may buy, sell, and dispose of all or any farm and other products, in 
such manner as shall ensure the return to the members and shareholders of the full 
value of their products or requirements, less fair and reasonable expenses and charges 
incidental to the sale or disposal of the same. 
B. 
_ The directors may make arrangements for the grading of produce, shipping or 
importing, &c. (as the case may be), also for holding sales by auction, regulating 
markets, and for affording better means of distribution among members. 
C. 
The directors shall establish a system by which, after providing for all reasonable 
and incidental expenses, any surplus will be returned to the shareholders and su pliers 
of produce in the form of bonuses calculated on the quantity of produce supplied or 
on purchases made. 
The directors may make loans and advances from the association funds on good 
security, the advances to be for members of the association only. Such loans to be 
divided into classes as follows :— 
Class 1.—Adyances can only be made for the purposes of making or effecting 
improvements, and no advance can he made on land which is otherwise encumbered, 
nor will any security over fee-simple lands other than a first mortgage be accepted as 
sufficient. When advances are required upon lands held under conditional purchase, 
the applicant will be required to execute an absolute transfer of all his right, title, and 
interest in such land, together with all improvements thereon, to the council of the 
association, 
