in
Vole 5
January IS, 1940
Pr.Lnor. Al.?.skr>,
Ko, 2
CO-op NOTES
At lest I think it is sr.fe to
say that the trensfer will be
definitely made effective at
the close of business Saturday
night January 13 th.
The papers are all signed and
the garage, hospital, end hatch
ery operations were transferred
Thursday when the inventory was
completed. The units are being
transferred on an agency agree
ment with the ARRC in which the
Co-op will take full charge of
all operations in the Civic
Center, also the checking and
and payment of slashing accounts.
Funds are being supplied by the
Corporation for a limited period
pending completion of the loam
arrangement with Washington for
the operations. Under the
arrangement the AUAC will deed
the facilities tc the co-op so
they may be used as collateral
for the loan as the next step
in the negotiations. A full
and complete report of all
these transactions will be given
at the membership meeting in a
few weeks.
Until further notice storting
Monday morning there will be
one mm only on the wood trucls
and those selling wood must help
with the loading.
Also storting with our first
slashing check-up the owner of
the tract will help the surveyor
lay out•and check, as one man
only will be available on this
job. ( continued on page 2)
CO-OP MOVES IITTO THE
GENERAL OFFICES I'ONDAY
On’ Hext Monday morning January
15, the Co-op will move into the
general office and begin to
function under full control jus
six months after the transfer o
the first three units, under
Manager L.C. Stock.
Last Friday evening there was
a joint meeting of the nRRC
Board of Directors and the Co-op
Board, held in ^almer. This
meeting lasted until after nid
nite during which a great many
kinks were ironed out of the
legal and physical transfer
which has been a long time mater
ializing.
-P
Since that time our Co-op Board
have met practically every nite
and some tines during the day fcr
further study of contracts, and
conference. After an inventory
of the hospital, hatchery and
pov:er plant, an agreement was '
reached to accept the posfiital,
and hatchery. The garage was
transferred and plans are being
made but are not yet complete
for power plant and all other
equipment and facilities.
The resignation of Kr.Sandvik
from Kodiak, and hr.A.J.Swanson
now in the states, was received
by wire. The Board has appointed
Earl Hecker and Paul Nelson to
act on the 3oard in these vac
ancies.
All of these things have taken
a great deal of time because of
the necessity of complying with
the law.