Legal Phases of by L. S. Hulbert Chief, Cooperative Bank and Cooperative Research Section Cooperative Research and Service Division Farm Credit Administration Washington, D. C. Bulletin No. 50 May 1942 JUN 1 2 1944 FOREWORD ONSIDERABLE legislation has been enacted directly CON affecting farmers' cooperative associations and many cases involving them have been passed upon by the courts during the last few decades. Through this clarification of the relationships of cooperatives with their members and the general public, much information and experience have been accumulated, which should be of value to cooperatives and those charged with the duty of advising them in their business activities. In this publication more than 1,200 cases, nearly all of which involved cooperative associations, are referred to and the Federal statutes specifically mentioning such associations are discussed. This bulletin represents the third revision by the author of his original publication, first issued in October 1922, as Department Bulletin No. 1106, of the United States Department of Agriculture. While this bulletin is published by the Farm Credit Administration it should be regarded only as representing the conclusions, opinions, and findings of the author. Jom P. Ritta Chief, Cooperative Research and Service Division 1 |