The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1914-07-25

Success Of Enterprise Depends Upon
Further Subscription s--$1 400 Now
Pledged for Carrying on Of Plan
BUY WAREHOUSE ENLARGE n
Onion Growers Association Becomes
State Corporation-Will Endeavor
To Start Shipping August l.

10 Start Shipping August /.
In order to assure success for the
,Bemidji Onion Growers, association
in it's movement for a cash market
and the erection of suitable ware
house for the care of farm products
in the territory tributary to this city,
approximately $1,000 de- yet needed.
~. Have 81, 40.
Since the soliciting committee,
comprising w. L. Brooks, cashier Of
the Northern National bank, A. III.
Jester, president Of the Onion Grow
ers' association, H G. Baer, cashier
of the Security State bank, and John
D.. Lunn, manager Of the Onion Grow
ers' association, first began its work
one week ago in an EFFORT to secure
subscriptions for stock in the cor
poration, $3.50 had been either pledg-
ed Or collected. This amount, with
$3.50 which was collected for stock
when the association was first organ
lied in March, 1913, brings the total
money at the disposal Of the Onion
growers up to $1,440: -sys=z..7S
A County Corporation.
Under the laws of the state, the
association was incorporated as "a
county institution, but the growth OF
the business and the added, number
of stockholders has necessitated that !.
it be transformed into a state corr
poration. Under the county plan
stock in the enterprise, which has
done so much to place Bemidu and
the territory surrounding it on the i
agricultural; map of the northwest,
sold at $40 aper share, but under the
state corporation, which is being
formed today, the stock will be $50
per share. - =. -. -, .5...=
r, = To Issue Stock Soon.
Stockholders in the association,
both those who purchased interests
in March, 1913, and those who are
joining now, will receive their stock
certificates within the next few days,
for they are to be issuedzaszsnoaaase
posi- bic .'ss4 + -
Purchase Warehouse. 80
= The warehouse, located near the
Great Northern tracks, across from
the old depot site, and which has
been used by the Onion Growers as
ISOLATION, has been purchased. Work
will begin next week on the remod-
cling of the structure, increasingsits
and adding to its equipment,
thereby making it as modern as p06
sible. It is the aim of the officials
of the association to start shipping
near the middle of August
In Keeping With Plan.
The subscriptions as secured by
the soliciting: committee are very en-
couraging to-. those who have taken
most interest in the enterprise, there
by making good the promises made to
the farmers at 2 farmers business
mems meeting held last spring when
it was stated that, Bemidji tillers OF
the soil would be provided with il
cash market and a warehouse capable
of handling what produce might be
brought in this and succeeding ship
ping seasons. In order that the pro-
position, which means much, to the
farmers and to- the business men Of
Bemidji also, may be- properly In
anced, the additional $500 Is
needed. 49, ;ssssss = ]. 5s & -
The Original Company.
5 Following is a list Of the orgsa-
izers of the Bemidji Onion Growers'
association and the amount sub
scribed by them:
A. H. Jester, $50; J.,D. Lunn, $50;
v. M. Owen, $50; p. M. sathre, $50; Z
H. E. Reynolds, $50; J. H. French.
SO; H. H. Mayer, SO; First Ma.
tional bank, SO; Northern National
bank, $11o; Q. E. Bjoring, $10:,Au-s
gust Jarchow, $40; Iverro. X Myhre.
SO; w. G. Schroeder, $40; Herman
Fenske, $40; Leon A, Gould. 80 ) E.
|C. Berg, $40; C. q. Battles, SO;
Charles Cominsky, $50: ID. R.. Bur-
CESS, $40; w. A. Elliott, SO; a. H..
Rako, $40. s
The New Company.
Those who bought stock In the or
iginal company, paying less than
$50, or purchasing less than I've
shares, have been asked to sub1eribe.
more money, thereby qualffying for
one or more shares at $50. Accord
ings to this plan the holders Of
stock in the association which 10
now being Incorporated under tAeI
state provisions. each share to -