COOPERATIVE AGRICULTURE IN FLORIDA 117

requirements of the Capper-Volstead Act It fails to con-
form to Section 231 of the Federal Income Tax law only
in that it does not limit purchases made for persons who
are neither members nor producers to 15 percent of the
total purchases.
 The 1909 Act does not conform to the Capper-Volstead
Act because it has no restriction on non-member business
 The 1917 Act does not conform to the Capper-Volstead
Act in that it neither limits dividends on capital stock
nor has any limit on business done with non-members
Neither the 1917 Act nor the 1909 Act conforms to Sec-
tion 231 of the Federal Income Tax law.
 Although the 1909 and 1917 Acts do not conform with
the Capper-Volstead Act and Section 231 of the Federal
Income Tax law, there is nothing to prevent cooperative
associations organized under either of these Acts from
meeting the requirements of the Federal cooperative
laws.
 Prior to 1909 cooperative associations were required
to incorporate under the general corporation laws of the
state which were first passed in 1868 and which had few
changes or amendments prior to 1909 Cooperative asso-
ciations may still incorporate under the general corpora-
tion laws, but they necessarily subject themselves to the
payment of filing fees and the annual franchise tax on
corporations as well as the restriction of their operations
to conform with the provisions of the general corporation
laws.