Iho VALLEY SETTLER is publishod
every Thursday by the Mntanuska
Valley Farmers' Cooperating Asso
ciation at Painer, Alaska
Iing.EcUtor, Mrs.. Verna Ehsthdh
Subscription rates: $1.00 year
by nail: ^1.50 year
Sailed Anywhere: 10^ a copy
This paper is issued for the pur
pose of yiviny infornar iov and
nows of the Matanuska Valley Ear
ners' Cooperating Association's
work, problcns, accomplishments
and also news of local and gener
al interest; and to help foster
the cooperative spirit of the
famors of the Matanuska Valley.
COUP. AGAEEIIENT
7/HAT THE CO-OP... .
MEANS TO YOU -
It was agreed that inasmuch as it was
mutually felt that the Cooperating
Association was not in a position to
handle the management and. sales agen
cy of the various enterprises of the
community at the time the contract
was drawn up, that until such tine
as the Association was able the Cor
poration would act as Sales Agent
and Management. This was not in
tended to he a permanent arrangement.
The length of time was to bo based
on the financial responsibility and
ability of the Cooperating Assn.
The Corporation accordingly agreed
to set up a sales organization to
receive, handle and soil all the
agricultural products sol^> to or
through the Association by members,
meeting the required standards of
grade and quality. They further
agreed to make advances to the mem
bers when goods were not taken for
immediate 3ale. At the time the
goods were sold, the Corporation
agreed to pay the producer the full
amount of the sales
(1) less the amount of the advance
(2) less reasonable charge for ser
vice of receiving, handling and
selling the goods, which is not
to exceed cost plus 5%
(3) less operating and maintenance
expenses, such as rent, heat,etc.
(4) less 2% of the gross sales.
The first three items, which repre
sent expenses incurred by the Cor
poration in the handling of the pro
duce, are returned to the funds of
the Corporation and the 2% goos to
th^oocoratln^ssocktioTpsro-^
servo fund*
Further the Corporation agreed to
act as the management of the Co
operating Association in the acqui:
ing, handling and sales to its mem
bers and also non-member patrons ol
commodities including supplies,
equipment, machinery, etc., and of
services. Under this came the fi
nancing of the Trading Fost, Ser
vice Station and Feed ’Warehouse.
As Sales Agent of the Association,
they agreed to return to each mem
ber a Patronage-Purchase-Refund
based on a pro-rata amount of his
cash purchases. This was to be
based on the total amount of the
sales
(1) less cost of products
(2) less reasonable charges for
services of handling, not to ex
ceed
(5) less operating and maintenance
expenses
(4) half of the amount remaining
The first three items would be re
turned to the funds of the Corpora
tion. Half the amount remaining
would ,_o into the reserve fund of
the Association and the other half
be returned to the Association mem
bers as Patronage-Purchase-Refunds.
(Note: Next week the transfer of
various enterprises to the
management of the Cooperating
Association will be discussed.)
DEANS
Though rich men 'well in marble
mans ions
And eat from plates of gold,
Still they must eat their sob® of
milk and toast
While we can dine on beans and
pork and indigestible* untold.
It * s nice to think of yachts and
s ich
And it's probably not a sin to loe
a rich,
But this we poor guys know,
That v/hen we've labored hard all
day,
We do have fun and bean* sure
taste okay.
PROMISE YOURSELF to be so strong
that nothing can disturb your
peace of mind.