...two alternatives — First. That no member of the association is allowed more than one votebecause of the amount of stock or membership capital he may...the association does not pay dividends on stock or membershipcapital in excess of 8 per cent per annum — should have both provisions instead of an alternative,...

...constitute a monopoly thereof or an unreasonable restraint of commerce therein, and (c) conform to both of the following requirements: "First. That no...of stock or membership capital he may own therein and "Second. That the association does not pay dividends on stock or membership capital in excess of...

...and conform to one or both of the following requirements: First, that no stockholder or member of an association is allowed more than one vote because...of stock or membership capital he may own therein, and a member ceasing to be a producer of farm products shall have no vote; or Second, that the association...

...and conform to one or both of the following requirements: First, that no stockholder or member of an association is allowed more than one vote because...of stock or membership capital he may own therein, and a member ceasing to be a producer of farm products shall have no vote; or Second, that the association...

...: That such associations are operated for the mutual benefit of the members thereof, and conform to the following requirements : First, That no member...of stock or membership capital' he may own therein ; Second, That the association does not pay dividends on stock or membership capital in excess of 8...

...handled by it for members," and must also conform to one or both of the following requirements. . . . "That no member of the association is allowed more...stock or membership capital he may own therein, or ... that the association does not pay dividends on stock or membership capital in excess of 8 per centum...

...of ti following requirements : First. That no member of the association is allowed more than one vot because of the amount of stock or membership capital he may own therein : o Second. That the association does not pay dividends on stock or niembershi] capital in excess of...

...products of nonmembers to an amount greater in value than such ns are handled by it for members, and must conform to one or both of the following requirements:...stock or membership capital he may own therein, or 1 All matter appearing in brackets is merely suggestive and is to he altered to suit the best interests...

...аз, ом, IM and agreements to effect such purposes: Provided, however . That such associations are operated for the mutual benefit of the members thereof,...therein, or. Second. That the association does not pay dividend« on stock or membership capital in excess of 8 per centum per annum. And in any case to the...

...conforming to one or both of the following requirements ; first, that no .stockholder or member of an association is allowed more than one vote because...of stock or membership capital he may own therein, and the member ceasing to be a producer of farm products shall have no vote; or second, that the association...