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" That no member of the association is allowed more than one vote because of the amount 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 8 per centum per... "
Interstate Commerce Commission Reports: Motor carrier cases - Page 18
by United States. Interstate Commerce Commission - 1961
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Legal Phases of Farmer Cooperatives

Lyman Spaulding Hulbert, United States. Farmer Cooperative Service - 1958 - 388 pages
...allowed more than one vote because of the amount of stock or membership capital he may own therein ; and Second. That the association does not pay dividends...nonmember business transacted by such association. The Rural Electrification Act of 1936 7S contains the following reference to cooperatives: The Administrator...
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Control of Illegal Interstate Motor Carrier Transportation, Hearings ..., 87 ...

United States. Congress. Senate. Commerce - 1962 - 324 pages
...Second. That the association does not pay dividends on stock or membership capital in excess of 8 percent per annum. And in any case to the following : Third....nonmember business transacted by such association. APPENDIX II. DIRECT MEMBERS OF NATIONAL COUNCIL OF FARMER COOPERATIVES Alabama Fanners Cooperative,...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1965 - 698 pages
...shall not deal in farm products, farm supplies, and farm business serx-ices with or for. nonmecabera in an amount greater In value than the- total amount...nonmember business transacted by such association. § 70.2 Determination of eligibility. Whether a loan may be made to a cooperative association by a...
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Bus Charter Rights and Agricultural Cooperative Transportation, Hearings ...

United States. Congress. Senate. Commerce - 1966 - 320 pages
..."Second. That the association does not pay dividends on stock or membership capital in excess of 8 percent per annum." And in any case to the following: "Third....nonmember business transacted by such association." In Interstate Commerce Commission v. Jamestown Farmers Union Federated Cooperative Transp. Assn., 151...
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Hearings, Reports and Prints of the Senate Committee on Commerce

United States. Congress. Senate. Committee on Commerce - 1966 - 1094 pages
..."Second. That the association does not pay dividends on stock or membership capital in excess of 8 percent per annum." And in any case to the following: "Third....disregarded in determining the volume of member and nonmcmber business transacted by such association." In Interstate Commerce Commission v. Jamestown...
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Hearings

United States. Congress. Senate. Committee on Commerce - 1967 - 1948 pages
...allowed more than one vote because of the amount of stock or membership capital he may own therein; and Second. That the association does not pay dividends...nonmember business transacted by such association. APPENDIX III POLICY OF NATIONAL COUNCIL OF FARMER COOPERATIVES APPLICABLE TO COOPERATIVE ASSOCIATION...
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Agency Hearings: Hearing[s]

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1967 - 904 pages
...not deal in farm products, farm supplies, and farm business services with or for non-members in an amount of such business transacted by it with or for...non-member business transacted by such association." Transportation performed by a cooperative for the Department of Defense would thus be disregarded in...
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Agricultural Cooperatives Exemption, Hearing Before the Subcommittee on ...

United States. Congress. House. Interstate and Foreign Commerce - 1968 - 98 pages
...allowed more than one vote because of the amount of stock or membership capital he may own therein ; and Second. That the association does not pay dividends...nonmember business transacted by such association. Mr. HARMANSON. Mr. Chairman, if I might add just a word, Mr. Newsom, Master of the National Grange,...
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Farm Relief and Agricultural Adjustment Acts

United States - 1941 - 256 pages
...association does not pay dividends on stock or membership capital in excess of 8 per centum per annum. "Third. That the association shall not deal in farm...nonmember business transacted by such association." "And in any case to the following: Approved, June 3, 1935. [PUBLIC—No. 414—75TH CONGRESS! [CHAPTER...
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Tax Reform Act of 1969: Hearings, Ninety-first ..., Volume 4; Volume 7, Part 4

United States. Congress. Senate. Committee on Finance - 1969 - 1294 pages
...not pay dividends on stock or membership capital in excess of 8 percentum per annum. "And in any ease to the following : "Third. That the association shall...nonmember business transacted by such association." In order that the often meager savings which resulted from buying and selling in large quantities might...
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