QUALIFICATIONS Of 60ARU
In answer to some of the questions raised
at the Quarterly Meeting on March 31st, we
reprint the following from "Sizing up Your
Co-op" bulletin from the Farm Credit Admin
istration, Washington, D. C.
It is the function of the board of direct^
ors to prescribe the -policies of the assoc
iation to all phases of its operations. The
management is charged rith the responsibil
ity of executing the -policies prescribed,
and also in comprehensively reporting to
the board of directors the manner in which
it has executed them. It is a definite
responsibility of the board of directors to
see that the policies laid dom by them are
carried out.
It is not within the duties of the direc
tors to manage the details of the business.
Management is a specialized job. The in
terference by individual members of the
board of directors in management frequently
causes considerable confusion and possibly
loss. Therefore this division of responsi
bility and action must be followed in order
to obtain satisfactory results.
TZSTirG 30AP.D IBEDS
The foil O’-inf tests are suggested in regard
to the board of directors:
A. Do the board members make it their ^er
sonal responsibility to represent the in
terests of the members and to direct the
asso1iation for its maximum welfare?
?. Do the members of the board of directors
market or purchase through the association?
C. Does the board of directors feel that
the members om and control the association
D. Does the board of directors inform the
members as to their responsibilities, dut
ies, and ownership so that they may give
intelligent support and constructive crit
icism to their organization0
E. In selecting their employees and mana
ger, does the board give consideration to
the responsibilities involved and the train
ing required for the positions, or does it
consider primarily the applicants’ rela
t ion ships vrith the directors and their
feelings torrard them, or hov; cheaply their
services con be obtained?
S’. Does the board conservatively analyze
and eonsicler the audit and reports of the
manager5
G. Do the board members spend the associa
tion’s money as carefully as they mould in
dividually spend their omn money?
H. Does the board of directorsanprove the
• budget, of the manager and revievr it to see
that the manager is operating under it?
I. Does the board of directors realize that
* the croner control of the financial oper
ations of management is through an opera
ting budget0
J. Are any members of the board of direc
tors on the nay roll of the association0
If so, rhat justification is there for this
Xnp>ortant among your responsibilities as a
co-op member is seeing that properly qual
ified men are elected to your board of dir
ectors. It is to these men that you dele
gate the responsibility of outlining the
policies of your marketing or purchasing
association. They should be chosen, there
fore, not primarily on the basis of friend
ship or neighborliness—but on the basis
of business judgement and ability.
On Wednesday of last week Miss Marilyn
Johnson talked on 4-K organization at the
I. M. "andvik hone. The homes represen
ted were Uelson, Parks, Barnhardt, Flumley
Marth and Goodrich. Much interest was
shown.
SALE TAX■ SOON JO ENC
The Veteran's Act, according to Territorial
Tax Commissioner, II, P. Mullaney, will auto
matically terminate on June 30, 1948 at
midnight.
Under this Act this tax automatically ter
minates at the end of the quarter during
which $3,250,000,00 or more has been col
lected.
SOI: S R/-OIO SHOP
ROBERT WENCtT
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