CREDIT UNION ORGANIZED
Cont. from pp. 1
to yourself, they may bo made at
anytime with the Treasurer in the
Creamery Office or at the Valley
Settler Office. It is planned to
have a desk set up in the general
Office for the uso of the Treasure?
where a safe is available for valu
able records etc. All moneys will
be deposited in the Matanuska Valle:
Bank.
When a sufficient amount of savings
has been accumulated, loans may be
mado by an application to the Credi
Committee., ^.pplicati.on forms are
available from the Treasurer. Loans
can bo mado only to members, and
all loans must be approved by the
Credit Committee.
The duties of the Supervisors are
that of auditing-the books period
ically. The books will also be
audited by a representative from
the Federal Credit Union at regu
lar intervals.
As of July 14, the,local Credit
Union has 24 members,. New members
are being added daily.
^ *
PALMER NOT INCLUDED ON
ROAD SIGNS
"Ho mention of Palmer is made on
any road sign until you reach Al
pine Inn," say motorists who have
boon up the Highway or who have re
cently come from the States. Two
Valley motorists have reported that
signs have been posted along the
Highway directing people to the
different towns by the Road Commis
sion, but although many small set
tlements are listed, the tov/n of
Palmer is not listed. Not until
one begins to near the Valley is
there ahy sign that indicates that
there is such a town as Palmer.
One Valley resident stated that she
intended to write to the Chamber of
Commerce of Palmer about the matter
DR HANSEN IN THE VALLEY
Dr. Herbert C. Hansen, former mana
ger of the .JLaska Rural Rehabilita
tion Corporation, arrived in the
Valley this last week end. He has
been visiting old friends here.'
Dr. Hansen is in Alaska doing some
research work in the study of gras
SOS#
** * * ** * V ** * *
MONTANA RED VISITING
Montana Red is visiting at the
Gust Scheibl home this week. Mon
tana Rod makes his home at Fish "
Lake.
POTTED PLANTS
C
CUT FLOWS PS
MAUD HOSIER
MARY WITT
Cloth.es that are
CLEAFED A’T) PRESSED .
Secularly last longer.
PICK-UP 6 DELIVERY SERVICE
IN PALMER C IVASILLA
OPEN 5 DAYS A WEEK
M ON DA YS THRU F RIDA YS
COOPERATIVES AND. PEOPLE
Cont. from page 2
in raising the standards of all other
stores in the community.
In many rural communities, the con
sumer cooperative store, owned by
its patrons, supplies goods arid ser
vices which previously necessitated
long trips to the nearest large town,
thus saving the cooperative member a
great deal in time as well as money.
The credit union has become a factor
in the cooperative field. Through
this type of co-op, a group of people
may each invest small sums ranging
from v5.00 upward. This establishes
a fund from which they may themselves
secure temporary small loans which
as a rule, do not interest the C'\
morcial banks, .at reasonable inter
est rates.
The advent of cooperative insurer o
resulted in sharp reductions in eates
and greater efficiency in the manag
ement of insurance for farms, factor
homo and automobile owners.
Many other types of commerce and in
dustry have taken advantage of cciip ■
srativc efforts to lower costs. Cont,