Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1899-12-22
MIDDLE AT SOUTH loNpoNDrnn-
49,. N"S'rS OF the Creamery As,oo,..
$4,000 Due the Farmers...NT.n
HEer FRrweII Resign. sh-

'"e AHSirs OF the Cream.rv 49,.
"o"--- $4,000 Due the Fsrm..
"Esr fSrweli Resigns.
meeting of the stockboldo..
Irons OF the Mount Lake Cresmo snu pa
S ,a',Vn at south Londonderry was Hsso-
HouIn Londonderry last weei and .rl III
NY vi the directors was held in ,S, w
.nonC National bank Saturday in an 81 el-
~ sVralghten out the muddls MI . riiotV
, sme aialrs of the association have dr %sic1
me me directors are j. l.. Marin w T
nlnor ana Dr. H. d. Holton of pro,,i.
9oro, Dr. b. F. Millington Of Sortb SUE fe
Mass. "e Vi rltch0urg,
sis, TOT some time" says the LONDONDERRY
Sn.er, mutterings have been heard anon,
SSieahery matters, loud and deem. Tbess
na'e cohe, until lately, wholly from The
pS'lons' recently, however, il has dawn.
Gu upon the shareholders that the nrofits
Vi tne concern, so far as thew were con
cerned, were not likely to be Of a bnrdon
some character only in the wav of reliov-
ing their pockets of more sbecLels s,j,,
And now the howl, not loud bnt da aa,,
house" 'iue vi the
ltappeared at the first meetino that ,horo
- Iao q" Ho ,nueotedness to the farmers of
sout 7NoVV' ana that the stock on hand
anu tne accounts due amount to $1,000. It
"Ioo appeared that the earnings of the
company, according to one of the direct
oIsi ior the past year in making butter at
four cents a pound were not far from
SSUOO. Under those circumstances the
TACT that there was deficiency came as a
surprise to all concerned.
The manager of the creameries-nine or
ten IN all owned by the association-bas
been j, W. Farwell, formerly manager Of
FRANK Miles's fancy farm in Londonderry.
MT Farwell gave no detailed statement of
where the money had been expended, but
stated in general way that a large mart
OF 1t had been laid out in extensions and
improvements in the smaller creameries
where separators had been put in with the
promise from the farmers that they would
Keep certain number of cows He stated
that they had failed to fulfil their agree
ment, consequently those creameries had
been operated at a loss.
AT the meeting Saturday Mr.. Farwell
rendered his resignation, which was ac-
cepted, and his successor has not been ap-
pointed. The books of the association
have been given to Charles Newell. who
will examine them and ascertain TO lust
what extent the expenditure on improve
ments and extensions is responsible for
tie deficiency. There is no allegation
that any of the funds have been misused,
but 1t is evident that it would have been
better management to have kept the
creamery funds separate from those due
the patrons.
The Sitter says: "After hours of talk
and the submission of several proposition,
only to be rejected, the shareholders sub.
mitted the following, namely, that they
would raise the money as soon as practi
cal and pay off the indebtedness, and here
after would make the butter in South Lon
donderry for four cents pound, patrons
to pay freights and commissions, and fol
the outlying sations would give them tn,
use of the plants and make their butter fo
IA cents per pound, they to pay running
expenses of stations and deliver the cream
at South Londonderry. They also pro
pose to guarantee monthly payments
This proposition seemed to have beer
made in good faith and was regarded a
fair under the circumstances and Soutl
Londonderry accepted it. Outlying sta
tions are yet to act upon il"