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Session Laws, 1922
Volume 563, Page 447   View pdf image (33K)
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ALBERT C. RITCHIE, GOVERNOR. 445

the board of directors occurs, other than by expiration of term,
the remaining members of the board, by a majority vote, shall
fill the vacancy, unless the by-laws provide for an election of
directors by districts. In such case the board of directors
shall immediately call a special meeting of the members or
stockholders in that district to fill the vacancy.

SEC. 480. In its by-laws each association shall provide for
one or more regular meeting annually. The board of directors
shall have the right to call a special meeting at any time, and
ten per cent of the members or stockholders may file a petition
stating the specific business to be brought before the associa-
tion and demand a special meeting at any time. Such meet-
ing must thereupon be called by the directors. Notice of all
meetings, shall be mailed to each member at least ten days prior
to the meeting and in case a special meeting is called, said
notice shall be accompanied by a statement of the purposes
therein.

SEC. 481. The directors shall elect from their number annu-
ally a president and one or more vice-presidents. They shall
also elect a secretary and a treasurer, who need not be directors
and they may combine the two latter offices arid designate the
combined office as secretary-treasurer.

SEC. 482. Any member may bring charges against an officer
or director by filing them in writing with the secretary of the
association, together with a petition signed by ten per cent of
the members, not exceeding twenty-five persons requesting
the removal of the officer or director in question.
The removal shall be voted upon at the next regular
or special meeting of the association, and, by a vote of a majority
of the members present, the association may remove the
officer or director and fill the vacancy. The director or officer
against whom such charges have been brought shall be in-
formed in writing of the charges previous to the meeting and
shall have an opportunity at the meeting to be heard in per-
son or by counsel and to present witnesses; and the person or
persons bringing the charges against him shall have the same

opportunity.

SEC. 483. A. Contracts between any association organized
under this Act and its members, whereby such members agree
to sell all or a specified part of their products to or through,
or to buy all or a specified part of goods from or through


 

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Session Laws, 1922
Volume 563, Page 447   View pdf image (33K)
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