Acts of the General Assembly of the State of Alabama |
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according amendment amount appeal appointed appropriated Approved October assessment Assistant association authorized bank bonds bridges cent certificate Circuit Clerk collected Commissioners compensation Constitution construction contract conviction copy corporation cost county treasurer Court deemed depository directed directors District dollars duties effect election enacted entitled expenses fees filed firm five funds further governing Governor held hereafter hereby Highway Commission Highway Department Highway Engineer hold hundred improvement incorporated interest issued judge Legislature of Alabama less maintain maintenance manner meeting ment Montgomery municipal necessary notice organized otherwise paid payment person places prescribed printed proposed public roads qualified reasonable receive records regulations repair repealed Secretary Section secure shrimp statement substitution tax adjuster tax assessor taxpayer term thereof thousand tion treasurer vote warrant witnesses
Popular passages
Page 40 - ... 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.
Page xiii - ... for beverage purposes: Provided, That the foregoing definition shall not extend to dealcoholized wine nor to any beverage or liquid produced by the process by which beer, ale, porter or wine is produced, if it contains less than one-half of...
Page 39 - person" shall include individuals, firms, partnerships, corporations and associations. Associations organized hereunder shall be deemed nonprofit, inasmuch as they are not organized to make profits for themselves, as such, or for their members, as such, but only for their members as producers. This Act shall be referred to as the "Cooperative Marketing Act.
Page 15 - In case for any reason any paragraph or any provision of this act shall be questioned in any court and shall be held to be unconstitutional or invalid, the same shall not be held to affect any other paragraph or provision of this act...
Page 42 - ... The amount which each member or stockholder shall be required to pay annually or from time to time, if at all, to carry on the business of the association ; the charge, if any, to be paid by each member or stockholder for services rendered by the association to him and the time of payment and the manner of collection ; and the marketing contract between the association and its members or stockholders which every member or stockholder may be required to sign. i. The number and qualification of...
Page 47 - No association organized hereunder shall be deemed to be a combination in restraint of trade or an illegal monopoly; or an attempt to lessen competition or fix prices arbitrarily; nor shall the marketing contracts or agreements between the association and its members or any agreements authorized in this act be considered illegal or in restraint of trade, § 24.
Page 42 - In its By-laws, each association shall provide for one or more regular meetings annually. The board of directors shall have the right to call a special meeting at any time; and ten...
Page 43 - ... right to vote. Except for debts lawfully contracted between him and the association, no member shall be liable for the debts of the association to an amount exceeding the sum remaining unpaid on his membership fee or his subscription to the capital stock, including any unpaid balance on any promissory notes given in payment thereof.
Page 43 - An association may provide a fair remuneration for the time actually spent by its officers and directors in its service and for the service of the members of its executive committee.
Page 46 - Any association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements and make all necessary and proper stipulations, agreements, and contracts and arrangements with any other co-operative...