Imperial Valley press., 1919-07-11
WHERE IS HENDERSON
AND HIS HIGH F|NANCE {
LEADING The DA|RyNEN2
CENTRAL CALIFORNIA CREAMERIES CALLS
ATTENTION TO MANY SALIENT FACTS.

California Central Creameres believes this appro-
pirate time to Law important facts before Imperial Valley
Darvmen who have entanged with j. NJ llcnder
son Jr.s' State Combination.
We want make this personal as we can be-
the questions at issue of vital caneern both to you
and u.s. and to all important business interests III I'M
perial Valley.
The dairy industry the Valley for the past year has
been seriously iepordized by the activities Of OF
promoters and manpuaors who have come into the Valley
from distant sections of the state and by dgent campaign
ing and soliciting, efectuated socalled ASSOCIATION OF
darymen
You know the methods employed by these outsiders
when they into the valley.
You know that these men launched a campaign among
the darymen utilizing means OF peIsuason the most
exravagant promises, misrepresentation and often times
intimidation well vicious attacks upon the integrity OF
California Central Creameres.
The result of all this was that in many sances social
ed debound" contracts signed; the Imperial Val
ley Milk Producers Association, Inc. into existence
and automatically become auxiliary of the Associated
Dairymen California, Inc the State Combination, which
headed by j. H. Henderson, Jr of Sacramento the man
who stated in his promotion speeches to daIymen:
eve have hired the best attorneys we ocud posi-
bly, hire, some seven of them, to draft a contract
that would tie you absolutely, and tie you hide
bound'' ..
Where does the matter stand?
year has passed since the Imperial Valley Milk Pro-
answer these questions to your satisfaction?
Where the Dairymen are being Led
Are you pleased with the enangling Bylaws ana Art
Incorporation which it is claimed your member
ship "hde-bnds' you to the State Combination?
Are you satisfied with the promssory notes representa-
ing $500 per which you were induced to sg1--as a
permium to pour right to do business?
Do you RECORD the recent attempt to superimpose an
additional $500 per cow favorable indication Of the
subservience of the Assocationo your best nterests
Do you know that J. H. Henderson, Jr, president of
the State Combination of Dairmen has recently engineer
ed deal whereby 100000 of first mortgage notes have been
issued in the of the Northern California Milk Pro-
ducers' Association, Inc?
Do you know that these obligations are offered to
money lenders at the high premium rate for such secur
ties of per cent.
Do you know Mr.. Dairyman that the Milk Producers
Association of Central California, also dominated by Hen
dersan has, of date July 1st issued mortgage notes in The
amount of $8000O and that these notes likewise carry
per cent rate of interest which is payable at the banking
house of the Guaranty Trust Company of New York City?
Did you hear of the bond house of Stephens &
Company?
Do you know that they have been duly constituted by
the outside promoters of the Imperial Valley Milk Pro-
ducers Association fiscal agents for the various units of the
Associated Daiymen in of promotion the
State?
MOrtgaging Your Individual Worth
Do you know that these fiscal agents we'll the pro-
motors of the State Combination have already announced
that the unit in Imperial Valley is in line for early
financing and that is contemplated by the promoters to
build huge issue of mortgage notes upon the hdebOund
contracts which their seven lawyers drew and their
ceever solicitors and professon manpulaors induced you
to sign?
FINALLY, MR.. DAIRYMAN ON THIS PHASE OF
THE MATTER-HAVE YOU BEEN FULLY ADVISED
AS TO THE LIABILITY WHICH ASSOCIATION MEM
BERSHIP CARRIES WITH IT?
DO realize that these large note issues upon which
he used bU tha
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