296 ARTICLE 23.

Products" wherever the same appears in this sub-title shall be deemed
to include "fishery products" as herein defined.

An. Code, 1924, sec. 421. 1922, ch. 197, sec. 471. 1929, ch. 226, sec. 421 (p. 720).
421. The original articles of incorporation of an association organized
under this sub-title, or a true copy thereof verified as such by the affidavits
of two of the signers thereof shall be filed with the State Tax Commission
who shall record and transmit a copy in all respects as provided in Section
6 of this Article for other corporations.

An. Code, 1924, sec. 425 1922, ch. 197, sec. 475. 1931, ch. 456.

425. Each bona fide Co-operative Marketing Association now or here-
after incorporated under this sub-title shall have the following powers:

(a) To engage in any activity in connection with producing, marketing,
selling, preserving, drying, processing, canning, packing, handling, stor-
ing, or utilization of any agricultural products of its members; or the
manufacturing or marketing of the by-products thereof; or in connection
with the purchase, hiring or use by its members of supplies, machinery,
or equipment, or in the financing of such activities, or in any one or
more of the activities specified in this sub-section and to transport the
products of its members, even though in so doing it may compete with
licensed common carriers;

(b) To borrow money and to make advances to members upon products
of members in the hands of the association.

(c) To act as agent or representative of any member or members in
any of the above-mentioned activities.

(d) To purchase or otherwise acquire, and to hold, own and exercise
all rights of ownership in, and to sell, transfer, or pledge shares of the
capital stock or bonds of any corporation or association organized under
this sub-title.

(e) To establish reserves and to invest the funds thereof in bonds or
such other property as may be provided in the by-laws.

(f) To buy, hold and exercise all privileges of ownership, over such
real or personal property as may be necessary or convenient for the
conducting and operation of any of the business of the association or
incidental thereto.

(g) To sue and be sued, complain and defend in all courts.

(h) To do each and everything necessary suitable or proper for the
accomplishment of any one of the purposes or the attainment of any one
or more of the objects herein enumerated; and to contract accordingly;
and in addition to exercise and possess all powers, rights and privileges
necessary or incidental to the purposes for which the association is
organized or to the activities in which it is engaged; and in addition any
other rights, powers and privileges granted by the laws of this State to
ordinary corporations, except such as are inconsistent with the express
provisions of this Act; and to do any such thing anywhere.