The times. [volume] (Richmond, Va.) 1890-1903, 1890-08-28
TO BENEFIT THE FARMERS.
THE ALLIANCE COOPERATIVE
COMPANY MEETS.

Organization 10 Deal In Products OF
the Soil and Buy and Sell for Cash
Rise In the Price offeanuts-The Board
of Directors.
A meeting OF the Alliance Cooperative
Company. which was chartered some weeks
ago by Judge b. II. Wexford, Jr., in the Cir
cult Court. was held yesterday in the Hen
rico county courthouse. The purpose OF this
company is TO buy aud sell wholesale and
.ctaiD for cash, farmers supplies and pro
ducts. and TO do a general commission BUSH
ness: to rent or own such buildings and other
property as may be necessary for the trans
action q their business. stockholders were
present from six counties-llanoyer,
Goochland. Chesterfield, Caroline, Pow
hatan. and Ilenrico. The first instalment Of
the stock was paid up. This amounts 10
about twO-ffths Of the stock subscribed, ana
is about 500. About fifty stockholders
were present, all of whom are farmers OF
the counties named.
After the stockholders meeting cd
iollrncd. the Board Of Directors of the COM
many met. Colonel NOrmand Smith, OF Hen
rico. president Of the company, presided,
and MIR. +. Guy, of Richmond. SECRETARY
and treasurer. acted as secretary. Mr..
Charles kim. Of llenricO, is cc-president
Of the company. The directors present
were George {. smith, Of Hanover; VI. A..
Cogbill. OF Chesterfield; X. \. Kicks, OF
Caroline: II. Adolph Muller, of llenrlco;
Charles King. Of llenrico; Carter Harrison,
of Powhatan: NOrmand smith. OF lienrlcO;
Thomas GUY. of Hcnrico; j. NJ. Duyal, of
nj Ia a Rlelmnnn.
4. Bower. Of llenricO; l.. ii. Kemp. Of Hen
rico: Thomas Treyvett, of llenrico. Messrs.
II. ID, Goddin, of Henric0, and John A..
Lester. of Chesterfield. were absent.
The secretary stated TO the board the
amount Of capital stock subscribed. ana as
the constitution of the company requires
that 81 900 shall be subscribed before any
business is done, nothing of financial ma
ture was transacted.
OPEN 4 STORE.
An election OF a general manager for the
company was then gone into, and Mr.. Nor
veil Rvland. Of the firm of Carter y Ryland.
VAS elected. As soon as $1,000 worth OF
stock is subscribed. Mr.. Ryland, with his
assistants. will open store in Rich
mond AT this establishment all mem
bars Of Farmers Alliances in the vicinity
Of Richmond will ship their products,
and mechanical and other supplies Will
be kept for sale. Every transaction viii be
done on a cash basis. thus encouraging the
farmer 10 pay cash for all Of his supplies.
Bv this method Of selling his products the
farmer will bc put in better position 70 get
GOOD prices for his goods, as the Alliance
Company will be able 10 hold the products
for fair market prices.
Captain +. Guy, in speaking of the or
ganization, said yesterday; These CO
operative companies are being started all
over the state. and will be productive Of
much good 10 the farmers. one has already
been organized in the vicinity of Norfolk.
and although IL has not yet gotten 10 work.
every one who knows anything about the
state Of the farmers OF Virginia can see that
il will do them much good. \ company
has been formed i'm lNnchburg 10 establish
tobacco warehouse. At this place the To-
baccO will be sold direct % the manulac-
turcr. thus doing away with the middle
man. aud the middle man is the whole thing
i'm a nutshell: for the profits that now 90 10
him should 20 70 the iamer
PEANUT WAREHOUSE.
"a peanut warehouse was started i'm
Wayerlcy. Va. about a year ago on the CO.
operative plan. and the difference il made in
price Of peanuts is Just this: Before the
company was gotten into operation peanuts
sold for fifty cents bag, now they sell for
"A dollar aud halt. You can we'll see Just
what such cooperative stores will n for the
farmers. They will put some money in
their pockets and Will give all markets "a
better and finer growth.
AS to the Farmers Alliance bursting the
Democratic party. / think such talk any
thing but true. In the first place the Ali
anccs in Virginia has had little TO do with
y,lffiou apd in fine second plgep fine hest
interests of the farmers lay with the Demo-
cratic party, and 1t would be folly indeed
for the Alliance 10 do anything that would
hurt their friends.
The board Of directors will meet Septem-
Der 9th at the courthouse To perfect AN
organization, and il is hoped that by that
time sufficient money may have been sub
scribcd so that the company may begin
work.