ANTTUAL REPORT
Most of the members of the Board,
as well as stockholders felt that
the organization had not originat
ed from the people interested, but
was developed elsewhere and forced
upon the Colonists. The Colonists
were inclined to blame local of
oficials for this condition!
Investigation by the Board shows
that the officials at ’Washington,
D.C. had planned the complete set
up, basing their information on
previous projects and forwarded
th local officials papers of or
ganisation in which Hank spaces
were loft for only names and
values. Local officials had no
choice but to carry out orders.
The Board felt that while this was
a very unsatusfactory beginning,
the nucleus for a Cooperative
was present, and that from it
could grow an organization which
w ould fill the needs of the
community.
The By-laws of the organization
next received a careful study.
Changes were discussed, hut it
was felt that use of them would
best show up weaknesses.
The Board then turned to the Agency
Contract. This length^ document
required considerable study.
Officials of the ARRC were frequert
ly called upon to help interpret
and supply information.
The result was a.series of requests
sent to the ARRC Board for ful
fillment of obligations listed in
the Contract. The first of these
wa3 a request to purchase the
Trading Post . physical equipment.
This was not favorably received
by the ARRC Board, but a second
and more detailed request was
sent in.
Discussion of purchases of de
partments and business Management
caused the matter of financing to
bo brought up. It was found up
on studying the Agency Contract
that money could be secured only
from the ARRC. A request was then
drawn up for a revolving fund of
( continued on page 3)
w 2
BOARD MINUTES
It was moved by Mr.Sandvik, second
cd by Mr.Frank, that we recommend
that purchase saving dividends
be based on tickets turned in at
the end of six month periods by
purchaser, and thus cut down
the office work and consequently
the overhedd. The motion carried.
Discussion of the purchase of the
commissary plan resulted in a
motion t£at Mr.Huntley meet with
Mr.Head as soon as possible and
visit fend appraise the Trading
Post and then ma.ke a report.
The educational program and the
purchase of a pring press was
discussed.
It was moved and seconded, that we
ask for applications for the po
sition of field man from those
qualified in the valley.
Motion carried.
It w-s moved and seconded that we
adjourn until February 6, 1939.
Motion carried,
Neil Miller — Secretary
Editors note:
It appears that last
weeks issue carried the impression
that Foil S. Miller would no
longer act as Secretary of the
Cooperative Board.
V«e v/ish to correct this impression.
Since the annual meeting of the
Farmers Cooperative, hr.Miller is
no longer a member of that board,
but will continue to a.ct as Sec
retary until such time as it will
be Dossible to make this position
one?, with regular salary.
ARRIVAL OF COWS
The last shipment of cows arrived
last week and are being held in the
Fair'barns as the first shipment
were. One cow was lost on the way
up, which is a very good shipping
record.