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78 > Image 78 of Annual report. 1923

Part of Kentucky Agricultural Experiment Station

**2 Y `` .. ll l t 2 3.: ' ET?-.T '`. . V E . `, 3: ? P 6 Kentucky Bulletin N0. 246 ~ ">2.{;j `; :2 with ca ital stock and some are nonstock organizations. The [f:_*.;r__E ii: O I organizations which have capital stock, adopted this form mainly b l because they desired to incorporate under a law which provided ;-`Ztfi V . . . . _ only for capital stock organizations. The amount of capital stock D _i z l is not very large in any case. The nonstock plan is well suited ,1 [Q~iY_?'v:g;Q;_| i to the needs of strawberry marketing associations and, since the t_ 2 ",":fg; _ . . . . . ; Bin ham Coo erative Marketm law, which was enacted in s L, .t.. ;_ 2 h [ l l January, 1922, provides for the incorporation of cooperative asso. Q Q ciations formed either with or without ea ital stock it is likelr -,;\._ rs El 1*. =,; _ T1 . . . . i`;\jj_ __; { that at least some of the associations will organize and mcor- C porate under that law. One strawberry association has already 1, it . S incorporated under the Bingham law and others have this step O a`.T`E_y< 1 . . E;. s under consideration. O 3 { These associations observe the cooperative plan of voting, ~ { each member being limited to one vote. They are managed by a i, board of directors selected by the members from among their B 2* ~ . l own number, and employ a business manager, who has charge 8 . 7i.${S2g5Q ` l . . . . . . . l of the business and selling operations under the supervision of O e*:a-;;i ag; . l the board of directors. t ~_ . . It is customary for the members to market all the berries y g Qi " V which thev have for sale thru their association exce t. in some n sw sv eases, berries for local consumption may be sold by the growers. d The members are re uired to sign s ecific marketing contracts t g,;gma.. . . O l only in the case of a few of the associations. The others have fl it . 5 sections in their by-laws which stipulate that the members must - market their berries thru the association. It should be noted n that the situation with res ect to these or anizations differs te b gee; l some extent from that found in the case of many cooperative mal'-_ cl ; vi: as { _ . . . gel ketmg organizations due to the fact that the strawberry market- o r:$..;, " . . 3 1ng associations have devclopt with the industry and have not g(:tr;,e_ = _ _ _ _ _ , * been organized to supplant or compete with existing marketing c,_;~.,y .3. . _ _ . A agencies. The growers consequently regard the organization as l the logical outlet for their strawberries and no tendency to sell t` i {til ~ . . . . . . the berries outside the organization has been in evidence. Al f all _ , one or two points, it is true, there has been some lack of under- Y StaH(li11g among the ]11ClI1l)1`S, with the result that two or more G ~ . ~ l ~ g l ~ `s.` .- *5 Q '