DEPARTMENT OF AGRICULTURE


the prei'ses and of the suliscriptions of others to agreements identical
herewith. hereby covenant and agree ~ith each other as follows.
 (1) l1e association shall be organized with suitable articles of incor-
piration and by-laws. by ian orgamnttion comnuinttee consisting of the fil-
lowing persons:
 NAME ADDRESS






If am member or members of ties Comiittee siall resign or hie unable
to act, the remainder of the Committee may elect a successor to fill .ny
iclh vacancy, or the Commiittee imay increase its mlnmber1shiip if deemed
necessary.
 (2) The orgamriaton Committee shall keep a full, true, and detailed
account of all receipts and of all expenditmres of every kind. and shall have
uellc accounts audited and render a written report thereof to the Board
of directors of the Association, when organized, and shall tlherepon turn
over to the Association any balance remaining in its hands, free of obli-
gation. If an Association is not organized. such nnexpe ded balance shall
be prorated among those who contributed to the organization fund.
 (3) The amount of the capital stock shall he dollars
 (S ), divided ilto shares of counlon stock, each
 of the par value of dollars ($ ), and
 shares of preferred stock, eadl of the iar valid of dollars
 ($ ) (Tlu i provision omitted if Association organized witl-
 out capital stock).
 (4) Tle undersigned agree to purehiase and do herely l ,subsrilie for
 thll amount and kid of capital stock het opposite our respective nan es,
 and agree to pay for same as follows:
 (Here insert plan of stock payment to be used)
 (5) If, on or before ................. 19. Iona fide sb-
 scriptions from acceptable parties to tie coinnion and preferred stock of
 tile Assnciation shall equal tle sium of......... ... -.dollars ($ .-. .. ),
 and producers of ..... ............ ........whose annual production
 thereof for sales purposes aggregates at least ....---..... h-ave
 agreed to execute marketing agreements covering their crops of ..
 the orgam/ation Committee shall forthwith proceed to
 file the articles of incorporation and to lave the organii/alon of the Asso-
 ciation completed, subject, however, to the foregoing conditions only, the
 undersigned agree that their signatures hereto .ar irrevocable and they
 ,o agree in order to induce others to sign this or similar agreements for
 their mutual benefit.