Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1919-12-05
Extension Div. Letter
State Potato Exchange Plan Is TAX.

State Potato Exchange Plan Is TAX
ing Shape.-Outlines of a constitution
and bylaws for state cooperative po-
tato exchange and local cooperative
associations have been prepared by the
temporary board of directors appointed
at the recent convention Of the Mime
sofa Potato Growers association in
Moorhead. The outline as prepared
calls for: Local cooperative ship
ping associations made up of several
members on the stock-share basis, each
share to cost $40, and each member to
have only one vote; each member, also,
to make a contract with his association
to supply it a stated amount, acreage,
or percentage, Of his season g crop. every
year, and to give note for 500, guar
anteeing the performance of contract.
PA central exchange made up of To-
Gals which agree to ship through the
exchange, each local to take not less
than one share nor more than 10 shares
of capital stock at 800 in the ex-
change, and to give to the exchange
guarantee note Of $500 to assure per
Torrance of contract. 3-The central
exchange to be managed by board of
directors of seven or more, elected by
delegates from each local, officers to be
elected from and by the board, and
manager chosen or elected by the board.
The fund raised from stock in the To-
Gals is to create capital out Of which
local equipment and share of stock
in the central exchange may be paid
for. The 800 notes given by local
members, beside guaranteeing perform
ance Of contract, may be used as secur-
ifu for mo n 70 Twin
fund with which to do current business.
No other use may be made of them. The
stock paid in by locals to the central
exchange is to provide capital with
which to equip and maintain the central
organization. The 5000 notes turned in
by the locals to the central exchange
are to be used only in manner similar
to the 500 notes turned in by members
members Of local associations run indie
fnitely but may be terminated June
any year by giving 80 days. notice. A
member may be dropped from an asso-
citation through failure to carry out his
contract. Stock is to earn six per cent.
All other profits are to be distributed
on a patronage basis. Selling is to be
on grade and the pooling Of like graded
shipments, settlement being made as
soon as a pool is closed. In Michigan,
which has an organization of similar
kind, the grower draws fair per cent
against his shipment, and the balance
is paid out at the close Of the pool.
Michigan growers have averaged in pro-
fits about 20 cents per hundred weight
1t has been suggested ,aac associations
now organizing but incorporated under
the general incorporation law be admit
ted without re-incorporation to the ex
change, if they meet the requirements
Of cooperation as to the one -man, one
vote principle, and distribution Of pro-
fits.
Farmers Will Study Horseless Horti-
cult,sre.-F'ruit-g growers who go to I'm
vcrsity Farm, St. Paul, for Farmers
and Home -makers' Week, December 20
to January 5, inclusive, will have an
opportunity to study horselcss horticul-
turc, tractor horticulture, on Tuesday,
Dec. 30. They will also have a chance
to study an interesting exhibit of in
sccts and diseases which prey on the or
chardist s or gardeners crops. With
this will be shown spraying devices for
combating both insects and diseases.
Pruning methods will also be demon
strated-in the farm orchard if the
weather permits. W. H. Alderman, new
chief of the division Of horticulture
will speak on Thursday, Jan. l.