VfiLLEy FARRIERS COOPERPTinG ASSOCIi-lTlOn
fl ELUS
tfOL. 12
P-ilr.ier. Alaska
Aril 15, 1949
ro. i5
CO-CP PAYS DIVIDENDS
THIS WEEK
This past vcok the Co-op paid-out divi
dcnts in the amount of '0.0,000 to the pa
trons of thvr Warehouse and the Trading
Post for tho yoar of 1948* Half of this
amount is in the form of checks and half
is in Ton Year Certificates of Couity,
!
In our Cooperative tho !rprofits"-moro
properly called "savings"-arc refunded
to our Consumer members on tho basis of
their patronage. A Consumer member ‘is ,ono
v/ho holds a 05.00 share of capital stock
as a voting mccibcr, or one v/ho has paid
;„>5,00 for a Purchase Saving Privilege.
• * { * ‘ . r
The Board of Directors has made it possi.
ble for a patron to pay for a Fuchase Sa- j
■ ving Privilege from the- dividends, accuma* .
iated from his patronago. Several rjou . j
"Patronage Dividend. Sharing nopbors hav.o , j
thus been added to the'-records of the
LVFCA. In case that the amount oarced in j
dividends v/a3 1g3s .than 5.CO, it hastbpenl
•hold on the records until tho full amount
is earned. Then the ,Fb.tron iri.ll rcciivo
dividends on an opual basis vdth all other
ratron vendors, in. case tno patron nas
earned more then the 5.00 in dividends,
a chec!: and. a Certificate of• Hquity v/cro
issued., For example, if a patron has
earned .'12.00 in dividends, 1>5.00 of the
cash went to pay for the- purchase saving
privilege, a certificate of Equity v/as is
sued for 06,00, and tho remainder of -01,00
was pa.id in cash, /inch new Patron member
is being issued a number v>hich is boing ..
mailed along \/itlrthe Check and Certifi
cates of Equity this week. All patrons^ .
are urged to use "their numbers, whon mak
ing purchases at the Co-op Retail stores.
Those includo the Trading Post, the 'ware
house and the Garage,
Hr. Hilson stated that all checks and 6er
tificates of Hcuity issued for the poripd
1948 vrill be in the mail on Friday of this
week.
. SAVE' ON- WATER ' , ’
TTank Cldrk, heed of the Maintenance De
partment, announced today t’hat the water
supply at the present time is low. Every
one is asked to kindly save qn water.1 Ho
also announced tha^ the rater would be
shut off at midnight and turned on again
at 6 a.m.
Cont. on pp, 5
COLONY DAY COMMITTEE
NAMED
At the Executive Board meeting of the Cham
ber of Commerce meeting held at Clayton
Esslinger's home on Monday evening of this
week the following members were put on the
Committee to head CoAony Day Activities*,
Clair Stock was appointed Chairman along
with Russell Eelzien and Bob Johns,
This ccrmittee of three will in turn call
a meeting of heads of all organizations in
the Valley to make plans for the celebra
tion of Colony Day which is usually held
toward the end of May, Each organization
will then be responsible for ^definite
part of the program. No further plans are
available at this time,;~
CHURCHES: I'LAiv, EAiER
: 5UNKISE .SERVICES,
Easter Morning Sunrise Services will be
conducted at the United Protestant Church
at 6:_00 a.m. oh Sunday April 17th, Rev.
Victor.I. Alfsen,' Pastor of the United
Protestant Church announced this week. The
Services are being sponsored by the Mata-'
nuska Valley Ministerial Association. Rev.
Ray E. Adams mil be the speaker.
Special Music will be given by the Ladies'
Trio from the Lazy Mountain Children's home.
The public is cordiallyi invited to attend.
EASTER CANTATA
At 7:30 p.m. April 17th», the United Protes
tant Church trill present the Easter Canta
ta under the direction- of Harry TJimmer.
Everyone is welcome,
•NEW INOUST-RV F’oV
. ’ PALM'E k
The ARCTIC METAL "~0RKS wishes to announce
the opening in the near future of a com
plete Heating, Air-Conditioning and general.
Sheet metal shop in Palmer. It will bo
located about two blocks frem the Post Of
fice in the M.D. Snodgrass sub-division,
across from the Severn's Cabinet Shop.
Construction of the building rill bo start
ed as soon as thd ground conditions will
permit^ Mr. B.C.,-Uhite and Ralph Mitchol,
owners, stated this week.
M aTANI'JSKA MINSTREL April 16th.
Don't forgot the Ministre-1 at the Community
Hall at 8:00 p.m. this Saturday.
FLASH- th^
vrhen t
as ro are getting ready to print we learn that the third cent on
iatoos trill be paid today—5r.idayJ.4tlj. Last advance rill be made
10 contracts are all filled, fir. Essiinger stated.