Legal Phases of Farmer CooperativesFarmer Cooperative Service, U.S. Department of Agriculture, 1958 - Agricultural laws and legislation - 376 pages |
From inside the book
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Page 11
... certificate of incorporation as it is called in some States , which constitute such application , is submitted to this officer and , if he finds that the statute under which the incorporators are seeking to incorporate has been complied ...
... certificate of incorporation as it is called in some States , which constitute such application , is submitted to this officer and , if he finds that the statute under which the incorporators are seeking to incorporate has been complied ...
Page 16
... certificates of interest or certificates of investment , as by the sale of stock in a stock association . From the standpoint of the Capper- Volstead Act , treatment as an " exempt " organization under the Internal Revenue Code or ...
... certificates of interest or certificates of investment , as by the sale of stock in a stock association . From the standpoint of the Capper- Volstead Act , treatment as an " exempt " organization under the Internal Revenue Code or ...
Page 17
... certificates as the medium for revolving its capital . The writer is of the opinion that the revolving - fund plan of financing may be adapted to any type of cooperative , even though there is no specific statutory authority therefor ...
... certificates as the medium for revolving its capital . The writer is of the opinion that the revolving - fund plan of financing may be adapted to any type of cooperative , even though there is no specific statutory authority therefor ...
Page 18
... certificate or certificates evidencing any such stock , the association should be authorized to cancel the stock on its books . If the association exercises its right to purchase the stock or to cancel the stock in the manner stated ...
... certificate or certificates evidencing any such stock , the association should be authorized to cancel the stock on its books . If the association exercises its right to purchase the stock or to cancel the stock in the manner stated ...
Page 19
... certificates , or written advice which discloses to each patron the dollar amount of the allocation which has been reinvested in capital . Provision should be made , also , for the revolving of such capital in the chronological order in ...
... certificates , or written advice which discloses to each patron the dollar amount of the allocation which has been reinvested in capital . Provision should be made , also , for the revolving of such capital in the chronological order in ...
Other editions - View all
Legal Phases of Farmer Cooperatives (Classic Reprint) U. S. Farmer Cooperative Service No preview available - 2017 |
Legal Phases of Farmer Cooperatives (Classic Reprint) U. S. Farmer Cooperative Service No preview available - 2017 |
Common terms and phrases
agent amount articles of incorporation asso associations formed authorized Bank basis blue sky laws board of directors Burley Tobacco Growers bylaws California capital stock Capper-Volstead Act certificates charter ciation Colo Commission common law common stock Company Coop Cooperative Association Cooperative Marketing Act COOPERATIVE MARKETING ASSOCIATIONS cooperative statutes corporation Cotton Growers County Creamery creditors crop Dairy Dairymen's Dark Tobacco Growers deductions entitled ex rel exemption Farm Bureau Cotton Farmers Cooperative Federal Federal Trade Commission Fruit Growers income Internal Revenue Service Iowa Kansas Wheat Growers Law Review liable liquidated damages marketing agreement marketing contract membership Milk Producers Minn net margins nonmembers nonstock officers operate organization patronage refunds patrons payment preferred stock provision purchase purpose restraint of trade specific Stat statutory stockholders Sun-Maid Supp Supreme Court thereof tion United vote Wash
Popular passages
Page 175 - Nothing contained in the antitrust laws shall be construed to forbid the existence and operation of labor, agricultural, or horticultural organizations, instituted for the purposes of mutual help, and not having capital stock or conducted for profit, or to forbid or restrain individual members of such organizations from lawfully carrying out the legitimate objects thereof; nor shall such organizations, or the members thereof, be held or construed to be illegal combinations or conspiracies in restraint...
Page 167 - First. That no member of the association is allowed more than one vote because of the amount of stock or membership capital he may own therein, or, Second. That the association does not pay dividends on stock or membership capital in excess of 8 per cent per annum.
Page 163 - Columbia, or in .restraint of trade or commerce between any such Territory and another, or between any such Territory or territories and any State or states or the District of Columbia, or with foreign nations, or between the District of Columbia and any State or states or foreign nations, is hereby declared illegal.
Page 253 - Act, shall the provisions of this part, except the provisions of section 204 relative to qualifications and maximum hours of service of employees and safety of operation or standards of equipment...
Page 171 - Agriculture shall be of the opinion that such association monopolizes or restrains trade in interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced...
Page 192 - Business" includes any activity engaged in by any person, or caused to be engaged in by him, with the object of gain, benefit, or advantage, either direct or indirect.
Page 172 - That if the Secretary of Agriculture shall have reason to believe that any such association monopolizes or restrains trade in Interstate or foreign commerce to such an extent that the price of any agricultural product is unduly enhanced by reason thereof...
Page 163 - Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal. Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a misdemeanor...
Page 256 - That there is hereby established at the seat of Government of the United States a Department of Agriculture, the general design and duties of which shall be to acquire and to diffuse among the people of the United States useful information on subjects connected with agriculture in the most general and comprehensive sense of that word, and to procure, propagate, and distribute among the people new and valuable seeds and plants.
Page 254 - ... for hearing, for violations of the terms or conditions thereof. Any order of the Secretary suspending or revoking any such license shall be final if in accordance with law. Any such person engaged in such handling without a license as required by the Secretary under this section shall be subject to a fine of not more than $1,000 for each day during which the violation continues.