Membership Bylaws - Article III
Meetings of Members
SECTION 3.1 Annual Meeting.
The annual meeting shall
be held at such time and at such place in the County of Webster, Missouri, between
the dates of June 1st and October 12th of each year as shall be designated by the
Board of Directors, for the purpose of electing directors, passing upon reports
covering the previous year and transacting such other business as may come before
the meeting. The designation of the date for the annual meeting
shall be made by the Board of Directors not less than 60 days prior to the date
selected. Failure to hold the annual meeting at the designated time shall not work
a forfeiture or dissolution of the Cooperative.
SECTION 3.2 Special Meetings.
Special meetings of the members may be called by resolution
of the Board of Directors, or upon a written request signed by any three directors,
by the President, or by ten percent or more of all the members, and it shall thereupon
be the duty of the Secretary to cause notice of such meeting to be given as hereinafter
provided. Special meetings of the members may be held at any
place within the County of Webster, State of Missouri, specified in the notice of
the special meeting.
SECTION 3.3
Notice of Members' Meetings.
Written or printed notice stating the place,
day and hour of the meeting and, in case of a special meeting or an annual meeting
at which business requiring special notice is to be transacted, the purpose or purposes
for which the meeting is called, shall be delivered not less than then days nor
more than twenty-five days before the date of the meeting, either personally or
by mail, by or at the direction of the Secretary, or upon a default in the duty
by the Secretary, by the persons calling the meeting to each member.If mailed, such
notice shall be deemed to be delivered when deposited in the United States mail,
addressed to the member at his address as it appears on the records of the Cooperative,
with postage thereon prepaid.The failure of any member to receive notice of any
annual or special meeting of the members shall not invalidate any action which may
be taken by the members at any such meeting.
SECTION 3.4 Quorum.
Two percent
of the first 2,000 members and one percent of the remaining members, present in
person shall constitute a quorum for the transaction of business at all meetings
of the members. If less than a quorum is present at any meeting, a majority of those
present in person may adjourn the meeting from time to time without further notice.
SECTION 3.5 Voting.
Each member
shall be entitled to only one vote upon each matter submitted to a vote at a meeting
of the members. All questions shall be decided by a vote of a majority of the members
voting thereon in person, except as otherwise provided by law, the articles of incorporation
or these bylaws.
SECTION 3.6 Order of Business.
The order of business at the annual meeting of the
members and, so far as possible, at all other meetings of the members, shall be
essentially as follows:
1. Report as
to which members are present in person in order to determine the existence of a
quorum.
2. Reading of
the notice of the meeting and proof of the due publication or mailing thereof, or
the waiver or waivers of notice of the meeting, as the case may be.
3. Reading of
unapproved minutes of previous meetings of the members and the taking of necessary
action thereon.
4. Presentation and consideration
of reports of officers, directors and committees.
5. Election
of directors.
6. Unfinished business.
7. New business.
8. Adjournment.