EDITORIAL Cont. from page 1
cooperative holds a contract with the Army
to provide large amounts of potatoes and
othfer fresh vegetables and posted an
385,000.00 bond to guarantee delivery of
the goods
"The ' cooperative ov;es the government nearly
$300,000,00 and has no nay, at present, of
paying off, a spokesman said."
1, T7c do not deny the dissension, eacopt
that it is grossly exaggerated all out of
proportion.
2, As to 6555 of the members "pulling out",
not one mombor has served notice to with
draw from the Association s jica the group
earlior in the year applied and then drop
ped the matter. This number ras far belorc
65$. Furthermore, members of the Associa
tion cannot get out of the Association
just bywserving notice”.. There is a time
and method for such procedure.
3. One very important point has been over
looked in all of those nous releases and
that is-All co-op members ha^e a con
tract, The S-caidera ''fenceting Contract,Hith
the Katanuska Vo]ley Cooperative Associa
tion rhich precedes any other contract they
may sign. This contract states very clear
ly in paragraph 2, ''This car-tract is in
tended by the parties hero bo to pass an
absolute title to all said agricultural
products as soon'as the same have a poten
tial existence, „." I'a.-thar on re. this same
contract it states:. ” loisraproaenxation on
the part cf any member of one Association
or ether person of the financial condition
or standing of tho Association or any at
tempts to induce any mirnbor of tho Associ
ation to breach or violate tho Membor’s
Standard Marketing Contract (of rhich this
is ouo) is in violation of tho lams of
Alaska and tho Association reserves the
right to protect the Association and its
members by taking proper legal steps and
measures should such violations occur,w
4, Tic Cooperative does have a contract
nith the Amy* nhich it has a perfect legal
right to have, to furnish potatoes and
other fresh vegetables.. Again, hovrever.tho
amount of tho bond is exaggerated, as it
does not exceed $65,000.
5. The Cooperative a feu years hack did
borrow $300,COO-00 from tho Farm Security,
and is making regular payments on this
loan, Tho Association has made ovory pay
ment and since the finaneial'standing of
tho Association is vory good, there in no
reason to believe that it will not contin
ue to do so. The '’srokeonan ' uas very ill
informed on this subject and had no right
to givo out information of this nature,.
Since, if you uill read again tho above
quotation from tho Standard Iferhebing Con
tract, misrepresentation cl this nature is
in violation of the let s cf Alarka, or.o
uould think any parson would be very care
ful indeed about volunteering any it.forma-•
tien at all on the Vub.ieat, It ir. else
surprising that any reporter would accept
it from street gessipa
Con *•, r n page 6
OR F. R. si ms
OEnilST
PALME R ALASKA
L04RL ORDER of UlOOSE
LODGE M°°‘eIx,,lg0 110.793 .
Meets 2nd and 4th Tuesdays 8 p.m.
VISITING MEMBERS WELCOME
PEARL WHITE LAUIIQRy
Phy r?ear yourself out during t
the busy season? 3rinG (
that Laundry to us. y
IRENE LEPAK
PC RMANCNTS
COLD ~A7j3S nr
KACHUTZLZSS
SHAMPOOS 6 WAVES
TO KEEP YOUR PERMANENT NICE
SEE: LOU RASMUSSEN
- !?*
!N
a ;
i d
i N
i II
OQ
hj
MO TH 5
ARE
FOND
DIRTY
HA VE
HAD YD UR WINTER
TOGS CLEANED ?
PHONE 6 Y 3
WE PICK UP
&
DELIVER.
•MARY WITT