...or, Second. That the association does not pay dividends on stock or membership capital in excess of 8 per centum per annum. And in any case to the following:...value than such as are handled by it for members. SEC. 2. That if the Secretary of Agriculture shall have reason to believe that any such association...

...not pay dividends on stock or membership capital in excess of eight (8) per centum per annum.Third. That the association shall not deal in the products...value than such as are handled by it for members. The Legislature shall enact such laws as shall provide methods of conducting all such associations...

...agreements to effect such purposes." In order for an association to come within the scope of. the Act, "The association shall not deal in the products of...value than such as are handled by it for members," and must also conform to one or both of the following requirements. . . . "That no member of the association...

...member only one vote or do not pay dividends in excess of 8 per cent annually, and provided they do not deal in the products of non-members to an amount greater in value than such as are handled for members. By implication, it frees such associations, although they may be engaged to a considerable...

...capital in excess of 8 per centum per annum. And provided further, That the association shall not deal in products of nonmembers to an amount greater in value than such as are handled by it for members. Nothing herein contained shall be deemed to authorize the creation of, or . attempt to create, a monopoly,...

...capital in excess of 8 per cent, per annum ; Third, That the association shall not deal in products or nonmembers to an amount greater in value than such as are handled by it for members. Fourth, Proceeds from the business of such association after payment of all necessary expenses and...

...the amount of stock held. Dividends were limited to eight per cent and associations were forbidden to deal in the products of non-members to an amount greater in value than such as might be handled by them for their own members. To prevent such associations from monopolizing or restraining...

...the amount of stock held. Dividends were limited to eight per cent and associations were forbidden to deal in the products of non-members to an amount greater in value than such as might be handled by them for their own members. To prevent such associations from monopolizing or restraining...

...centum per annum. And provided further. That the association shall not deal in products of nun members to an amount greater in value than such as are handled by It foi members. Nothing herein contained shall be deemed to authorize the creation of, ra attempt to create,...

...association from dealing in products of non-members, but only limits such products to an amount not "greater in value than such as are handled by it for members." A most important feature of the federal act is Section 2, which provides that the secretary of agriculture...