COOPERATIVE AGRICULTURE IN FLORIDA 131


other securtilc owned by the association shall be included in the ordinary
receipts of the association.
 No amonthli in any association without capital stock shall he entitled
to more than one vote, but the by-laws may provide that such members
or the holders of common stock i anl association with capital stock, may
vote lupon any or all questions oi a patronage basis,
 Preferred stock may be sold to any person, member or nonmember, and
may be redeemable or reticeable by the association on such terms and
conditions as may be provided for in tie articles of incorporation, and
pnnted on the stock certificates. The by-laws, except as otherwise pro-
vided for in tils chaptei, shall prohibit tie transfer of thei common stock
of the association to persons not engaged in the production of agricultural
products and such iestictions shall be printed upon every certificate of stock
suhbjet thereto.
 618,16 Rlefciendum upon certain motions.-Upon demand of one
thud of the entire boaid of directors made imnlecdately and so recorded at
the sIame inceeting at whiIol the original motion was passed any matter that
has been approved or passed by the board must be referred to the entire
nmemblerslip or the stockholders nor decision at the next special or regular
meeting; provided, however, that a special meeting may be called for the
purpose.
 618.17 Marketing contracts.-The association and its members may
make and execute marketing contracts requiring tile members to sell, for
any period of time, all or any specified pait of their agiicultmal products
or specified commodities exclusively to or through the association or any
agencies designated by the association. The contracts may provide that
the association may sell 1o resell the products of its inembeis with or
without taking title theieto, and pay to its members the resale price, after
deducting all nceessair selling, ovei ead and other costs and expenses,
including interest or dividends on stock, not exceeding eight per cent per
annum, and deserves for ltlring tile stock, it any, and other propel re
serves, and any other proper deductions.
 618.18 Remedies fot breach of nmaketing contiact.-
 (1) Tire by-laws and the marketing contract may fix, as liquidated dam-
ages, specific sums to be paid by the member or stockholder of the asso-
ciatio n pon te bleach by him of any provisions of the marketing con-
tract regarding the sale or delivery or withholding of products, and may
further provide that the member will pay all costs, premiums foi bonds,
expenses and fees in case any action is brought upon the contract by the
association, and any such provisions shall be valid and enfoiecable in the
courts of dtis state.

 (2) In the event of any such breach or threatened breach of such
marketing contiirt by *a inmciel, the association shall be entitled to an
injunction to prevent the further breach of die contract and to a decree
of specific performance thereof. Pending the adldiccation of such an
action and upon filing a verified complaint showing the breach or threat-
ened breach, and upon filing a sufficient bond, the association shall be