method, time and manner of permitting members to withdraw, and providing for the assignment and transfer of the interest of members, and the manner of determining the value of such interest and providing for the purchase of such interest by the association upon the death, withdrawal or expulsion of a member or upon the forfeiture of his membership, at the option of the association. 6. Permitting members to vote by their proxies, and determining the conditions, manner, form and effect thereof. New section; added February 12, 1909; stats. 1909, p. 18; in effect in sixty days. Powers of association. § 653q. Each association incorporated under this title shall have the powers granted by the provisions of this code and other laws of California relating to private corporations, and shall also have the following powers: 1. To appoint such agents and officers as its business may require, and such appointed agents may be either persons or corporations; to admit persons to membership in the association, and to expel any member pursuant to the provisions of its by-laws; to forfeit the membership of any member for violation of any agreement between him and the association, or for his violation of its by-laws. 2. To purchase or otherwise acquire, hold, own, sell and otherwise dispose of any and every kind or kinds of real and personal property necessary to carry on its business, and to acquire by purchase or otherwise the interest of any member in the property of the association. 3. Upon the written assent or by a vote of members representing two thirds of the total votes of all members to coöperate with any other coöperative corporation or corporations for the coöperative and more economical carrying on of their respective businesses, by consolidation as provided in section 653 of this code, whereupon the effect of such consolidation shall be the same as declared in said section; or upon resolution, adopted by its board of directors, to enter into all necessary and proper contracts and agreements, and to make all necessary and proper stipulations and arrangements with any other coöperative corporation or corporations for the coöperative and more economical carrying on of its business, or any part or parts thereof; or any two or more coöperative corporations organized under this title, upon resolutions, adopted by their respective board of directors, may, for the purpose of more economically carrying on their respective businesses, by agreement between them, unite in employing and using, or several associations may separately employ and use, the same methods, means and agencies, for carrying on and conducting their respective businesses. 4. Any association formed or consolidated under this title may be dissolved and its affairs wound up voluntarily by the written request of members representing two thirds of the total votes, in the manner and with the effect provided in section 653j of this code, except that the moneys remaining after liquidation shall be divided among the members in proportion to their property interests therein. New section; added February 12, 1909; stats. 1909, p. 19; in effect in sixty days. Amendment of articles of incorporation. § 653r. Any corporation, whether stock or membership, heretofore incorporated under the laws of this state for the purpose of engaging in and carrying on the business specified in section 653m of this title, the stockholders or members of which would be entitled to incorporate under the provisions of this title, may, by the unanimous written assent or vote of all the stockholders or members, amend its articles of incorporation to conform to the provisions of this title in the manner and with the effect provided in section 362 of the Civil Code, and from the time of filing the amended articles, such corporation shall have the same powers as if it had originally incorporated under the provisions of this title; provided, however, that the debts, obligations, and other liabilities against such corporation or against the members or the stockholders thereof, existing at the time of such amendment, shall not be discharged or their collection or enforcement otherwise impaired; and provided further, that the respective property interests of the several stockholders by virtue of their ownership of shares of stock therein, or the several members by virtue of their membership therein, and also the voting power of each of them, shall be determined and fixed by the amended articles of incorporation in accordance with the provisions of subdivision 6 of section 6530, but which rights shall be subject to the right of the association to admit new members. New section; added February 12, 1909; stats. 1909, p. 19; in effect in sixty days. Quo warranto. § 6538. The right of an association claiming to be organized and incorporated and carrying on its business under this title, to do and to continue its business, may be inquired into by quo warranto at the suit of the attorney general, but not otherwise. New section; added February 12, 1909; stats. 1909, p. 20; in effect in sixty days. TITLE XXII. [Title XXII added April 13, 1909; stats. 1909, p. 854.] Non-Profit Co-operative Corporations. SEC. 653t. Formation and purposes of. 653w. By-laws. 653x. Powers of corporation. Amendment of articles of incorporation. 653y. § 653t. Non-profit coöperative corporations may be formed by the voluntary association of any three or more persons in the manner prescribed in this title. A majority of such persons must be residents of this state, and such corporation shall have and may exercise the powers authorized by this title, and the powers necessarily incident thereto, and also all other powers granted to private corporations by the laws of this state, excepting such powers as are inconsistent with those granted by this title. New section; added April 13, 1909; stats. 1909, p. 854; in effect in sixty days. par tio: the mo agi era mei the 4. Membership 63 Nuch ur;ration sha.! not have a capital stock, and "ness shail not be carried on for profit. Any person or o persons including and in addition to the original may become members of such corporation upon in conditions as to membership, and subject to such tions as to their, and each of their, contract and ities between it and the member, as the moration shall prescribe in its by-laws. The corporaare a certificate of membership to each member, but membership, or the said certificate thereof, shall not, 653jolein provided, be assigned by a member to any other Morshail the assigns thereof be entitled to membership maration or to any pagerty rights or interest therein, chaser at execution sale, or any other person who operation of law or otherwise, to the property member, be entitled to membership, or become a poration by virtue of such transfer. The may, however by motion duly adopted by it. ement or transe, and to the acceptance of free as a member of the corporation. The Amendm $653 tofore in pose of o section 05 would be title, may stockholders to conform with the effec from the times shall have the under the provis debts, obligations tion or against the ing at the time or their collection vided further, that the stockholders by virts therein, or the several have the right by its by-laws, to provide ster of membership and for or against the shy eetilists, and also the terms and any such transfer or assignment shall be Go under this title must preste in writing seating forth: therein, and also the you, siness will be transacted. not exceeding fifty which must not be less in excess thereof, and cted for the first year and ball me or dood, and shall have 6. Whether the voting power and the property rights aut interest of each member shall be equal or unequa.. and f unequal the articles shall set forth a general rule or 7. 1448 applicable to all members by which the voting power and Th property rights and interests, respectively, of each memeer má3 and shall be determined and fixed, but the corporation wit have power to admit new members who shall be en ́t panty vote and to share in the property of the corporation wit old members, in accordance with such genera ru 14 7. Said articles of incorporation shal, be suɔwriting ng tin* or more of the original members, a majority of whom *** ** residents of this state, and acknowledged by each before Wiza officer authorized to take and certify acknowleirmen`s of ma veyances of real property, and shal: be fed IL a accordance with the provisions of section 296 of ** me and thereupon the secretary of state shal. ibutie to the mountainą tuta over the great seal of the state, a gemfira ta that a mgỹ để thư articles containing the required statement of fara tina taong fant in his office, and thereupon the and their associaties au ku** corporate by the name state the said articies of incorporation or semim su tutaf ala. |