Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1915-11-03
terminal PACKING
COMPANY BEING ORGANIZED
One OF Officers Outlines Plans For
New Plant to Be Erected
At South St. Paul.

One OF OFFICERS Outlines Plans For
New Plant to Be Erected
at South st. Paul.
| The following statement is made
by F. w. S. Price, vice president Of
the Farmers Terminal Packing Com
pany of St. Paul, in answer to inquir-
les made regarding this projected CO.
operative enterprise:
WHO WE ARE:
/. An organization of progressive
ket our livestock through system
that gives the Packers, Commission
Men, Brokers, Union Stock Yards
Co., and Terminal Railway Co., all
the Cream, leaving us only the Skim
Milk, and usually but little of that.
| 2. Among our members we num-
Der many of the most up-to-date farm
ers in the country, who are ably as
sisting the upbuilding of this CON-
pany.
8. Our membership is made up of
real cooperative farmers, who are
actively engaged in the business of
farming. No others are allowed men,
bership.
WHAT WE HAVE:
| 1. A strictly cooperative enter
prise organized under the "Co-opera-
tive Association" Law of Wisconsin,
with an authorized Capital of $1,000
900. This Law provides that no man
can own or hold more than 10 shares
in this company, and has but one
vote, no matter how many shares he
has; and that after per cent has
been paid on the money invested and
a reasonable sum set aside for a re-
serve fund, the balance of net profits
is returned to the members in strict
proportion to the amount of livestock
they have sold to the company, or
any other farm products the company
may purchase of them. This abso-
lutely guarantees real cooperation.
Each and every member has an equal
voice and vote in the conduct and
management Of the company.
| 2. 164 acres Of land at Newport,
Mimi, just miles south of the St..
Paul Union Depot and directly across
the river from the S. St. Paul Stock
yards. This is acknowledged by ex-
perts to be one of the best packing
plant sites in the entire country and
gives us plenty of room to have our
own yards and all necessary buildings,
without finding it necessary to have
anything to do with the Union Stock
Yards at South St. Paul. We will be
free and independent of the existing
conditions at the South St. Paul mar
ket.
3. Three main lines of railroad
and the regular Government Steam
boat Channel directly bordering the
property, give us fine transportation.
We are also guaranteed switching
schedule off other railroads, entering
st. Paul which will at least not ex-
| coed the S. st. Paul rates.
4. An opportunity to obtain excel
lent management of the business,
having applications from many men
who have had many years experience
in the packing business and who are
now successfully engaged in meat
packing."
5. Endorsements from many Civic
Bodies, including the Commercial
Club of St. Paul, the Farmers State
Bank of Newport, the American So
ciety of Equity, and many farm pub
locations.
6. Plans and specifications for the
construction of model Plant" from
the United States Department of Ag-
riculture, Bureau of Animal Industry.
Z. Nearly 1000 members boosting
for the proposition and almost $780,
900 subscribed to build the plant.
8. A franchise from the Village of
Newport to conduct our slaughter
house, yards, etc., within the town
limits for at least so years.
WHAT WE ARE DOING:
1. Already supplying many Of our
members with hams, bacon, lard, and
all kinds Of meats at wholesale prices.
2. Installing system of buying
and selling for the members that will
enable them to buy at wholesale and
sell at retail. Think it over.
3. Organizing large number of
determined farmers into an enter
prise that guarantees real co-opera-
ton and will secure for them good
results.
WHAT WE INTEND TO HAVE:
| 1. One of the most modern pack
ing plants in the world.
| 2. Egg and poultry cold-storage
facilities for all our members.
| 3. Our own yards, pens, and ev-
erything needed around a modern
plant.
4. A business organization which
will serve the best interests of it's
members, giving them a chance to
compete with present "Organized
Capital
5. More than 5000 live business
farmers associated together for their
own common good, who will own and
control their own market.
WHAT WE EXPECT TO ACCOM-
PLISH:
l. Cut out all the commission men
and livestock brokers.
2. Save all charges made by the
Union Stock Yards Company and
Terminal Railroad Company; and cut
out inspection, insurance, and such
Ipetty graft.
3. Save for our members the pack
er's generous earnings and profits.
4. Bring the producer and con
sumer closer together, to the benefit
Of both.
5. Develop the livestock industry
to the interest Of the farmer, as has
been done in Denmark by the coop
erative packing plants.
6. Stop the many leaks and evils
in the present marketing system.