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Scripto | Transcribe Page
Colored Convention of the Texas Farmers Association
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Art. 1. Each stock-holder shall have the privilege of casting one vote at all elections for the first share held by him, and one vote for every ten additional shares.
Art. 2. The Treasurer shall give bond to the directors, with approved security, for the sum of $5,000 for the faithful performance of his duties, and may at any time be required to increase the bond to a sum equal to double the amount of funds in his hands.
Art. 3. The salaries of the agents and employees of the association shall be fixed by the Board of Directors and shall always be liberal and in proportion to the amount of funds in hand, and the extent of the business operations being carried on.
Art. 4. The stock shall be paid in installments of twenty-five per cent., the payments to be made twice a year, on the 1st days of July and January.
The articles were voted on by sections, and after filling the blanks with the insertions of figures, were adopted as a whole.
The chairman of the committee, explaining the first article of the by-laws, said the object of the committee was to so frame the privilege of voting by shares as to prevent undue influence and power by parties holding a number of shares. Thus, while one share was entitled to one vote, it took eleven shares to entitle a stockholder to cast two votes.
The bar separating the audience from the delegates was fixed, and the visitors were requested to occupy seat outside.
Mr. George Hawkins, of Dallas, was elected sergeant-at-arms.
Mr. Shaw, of Fannin, enquired of the Chair if ministers from counties not represented were entitled to vote. After debate it was ruled that a minister enjoyed no privileges not granted to lay brethren, who were admitted to seats with the understanding that they should not vote.
Mr. Coleman, of Collin, offered the following, which was laid upon the table subject to call:
Whereas, There is a newspaper conducted and edited by a colored man in Corsicana, in the interest of the industrial and educational advancement of the race; therefore be it
Resolved, That the newspaper in question be named and designated as as the organ of this association.
Mr. Carson, of Dallas, offered the following':
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