Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1915-05-15
A GET RICH
QUICK WALLINGFORD
PROPOSITION

Quick WallingtOrd did belong exciu-
sively in the joys of the Cosmopoli-
tan Magazine; but 10 and behold, not
long ago two spcciments of the Wall
ingford tribe sailed forth into Mason
Valley with bulging chest and ben
evolent smile on their faces bearing a
message of peace on earth, good will
to all farmers and high price for
butterfat. Now wherein does the
great message consist it consists in
bringing to you the tidings of incor-
poration of the Mutual Creamery Co.
Behold the glory of the "Mutal''
which signifies that it is no longer a
private concern; it is yours and mine.
To insure the carrying out of the OBJ
jects as aforesaid this corporation
covenants and agrees with its stock
holders as follows:
THAT sixty per cent 600 per cent?
of its capital stock shall be reserved to
be sold to producers of the product
handled by this corporation, and said
sixty per cent of its capital stock so
reserved shall, after issue, be sold
only in such manner and subject to
such regulations as the Board of Di
rectors may provide, for the purpose
OF maintaining the proportion OF stock
ownership as aforesaid"
Under the article sixty per cent of
the capital stock is reserved for actual
producers of dairy and poultry pro-
ducts, and can be purchased by them
within a reasonable period of time
giving to them, by vote of the stock
actual control of the corporation.
The Directors are sworn to adopt
such rules and regulations as will as
sure the actual producer such control
Catch the idea, Mr.. Stakeholder! !
All you have to do is to get person
ally aquainted with all of the rest OF
the stockholders, scattred all over Ne
vada. Utah, Oregon and Washing
ton. take them by the hand and in all
fraternity walk into Salt Lake City
and vote your stock. Now any one
who is intimately acquainted with
farmers and producers of dairy pro
ducts will know how perfectly easy
it would be to carry through such a
scheme, as by all tradition the farm
ers are naturally inclined to be agree
able to one another and therefore
would vote their stock the same way
Now Mr.. Stockholder, let us make
small mental calculation of the pos
sible number of stockholders whose
consent you would have to win if you
had a project you would want to pull
through in regard to the management
of the said Mutual Creamery Co.
This institution being incorporated
for $3,000,000, at least 81 per cent be
ing necessary to carry motion yot
would require a favorable vote of ST.,
$4,000 worth of stock.
Presuming that the average herd is
ten cows and the farmers voting at
the rate of $5 COW, that would mean
$4,000 stockholders to get on your
side before your bill is passed. it
would require some campaign funds
to get around to see all the fellows
This is sign of the times" as the
Honorable Mr.. Hall expressed him
self to me the other day, after propos-
ing TO take over the Yerington Cream
cry Co.'S property and issue stock in
the Mutual for same
Permit me to say that if this thing
is really a true sign of the times 1t
puts the small farmer in a mighty de-
plorable situation, as 1t has been
launched as an ingenious. but vicious
blow at the small local creameries,
the stronghold of the farmers. The
only means they have of putting up a
competition against the centraliZer
and then holding up cream prices.
But of late the local cooperative
creameries have become more and
more numerous The farmers are
slowly but surely realizing their real
worth and consequently they are be-
ginning to crowd the centralizers.
Therefore. as one of our patrons ex-
pressed himself the other day: "The
business is becoming too crowded and
they are making flap for it."
Now we dislike to see anybody fail
in business, but the business man of
the future is the man who is of SER
vice to the public and not the one
whose only aim to make it "a horse
on YOU"
Another ingenious blow to the small
creameries is the bill now pending
before the California Legislature re-
quiring all creameries to grade their
cream and only pass such cream as
tests above IS per cent. The idea is
obviously to compel all farmers to
skim a cream testing above IS Der