The people's voice., 1939-12-06
COOP NEWS
NOTES
Coop League News service)

Coop League News Service)
INSURANCE COOP BUYS LAM
UNDER S-STORY COOP "SKY
SCRAPER" IN COLUMBUS CO-OI
CENTER NOW HOME OF IN
SURANCE, ELECTRIC, FINANCE
COMMODITY CO-OPS
COLUMBUS, Ohio. = The imposing
eight story cooperative center in down
town Columbus became a completely
coop enterprise this week when the
Farm Bureau Mutual Auto Insurance
company, cooperative serving auto
lists in IL states, bought the land Oh
! which the coop center now stands
The building was purchased two years
ago.
The coop skyscraper, so-called be
cause it is one of the tallest buildings
in Columbus, is the home of the Co
operative Life Insurance Company oi
America, Farm Bureau Cooperative
Association, Farm Bureau Rural Elec
trification Cooperative, Farm Bureau
Agricultural Credit Corporation, Ohio
Farm Bureau Corporation, Farm Bu
the Farm Bureau Mutual Auto In
surance Company.
The ground floor of the coop center
is occupied by cooperative grocery
store, coop beauty parlor, women's
clothing coop, coop appliance display
room, candy store and lunch counter
The retail coop services began when
the 500 employees of the cooperative
insurance companies and other coop
organizations in the building organized
their own coop two years ago.
CONSTRUCTION STARTS ON 22
COOP HOMES IN MADISON, WIS.
HOUSES COST $4,000 TO $4,000;
TO BE COMPLETED BY SPRING
MADISON, Wise. = Twenty-Five
houses are now under construction in
the Wisconsin Cooperative Housing
Association project four miles out of
Madison, according to John S. Bord-
ner, president of the cooperative. One
of the houses is already completed and
all of them will be occupied by spring
The houses in the coop project will
have all of the modern conveniences
of the city but are located far enough
out to give them the advantages of
semi-rural life. The homes will cost
between $4,000 and $4,000 per house
and are being financed through loans
from the Federal Housing Admins
tration
Members of the coop buy three
shares of stock in the cooperative at
$50 per share which entities them to
a go x 120 lot; the right to consult
the co-op's architect on house plans;
finance through the cooperative as
sociation; a vote in the affairs of the
and a share in the as
sociation's net income.
STUDENTS SAVE $4,000
A YEAR WITH COOPERATIVE
HOUSING
Austin, Texas.-Three hundred I'm
versity of Texas students will save
$25, 200 in cold cash on their room and
board bills this school year because,
they are members of cooperative
houses, according to Arno Nowotney,
assistant dean of men.
The first coop house on the campus
was organized in 1885, Today there are
13 housing units for men and for
Pointing out that the coop
houses have definite educational as
we'll as economic value, Mr. Nowotney
said that cooperative living among
students Should produce
leaders who will be better able to go
beyond the college campus and assist
in improving an economic structure
that is battered and unstable from
nismanagement."
MEDICAL SOCIETY
BACKS COOPERATIVE HEALTH
ASSOCIATION AT SUPERIOR ONE
Of THREE EXPERIMENTS IN
DISTRIBUTION CHOSEN
BY STATE M DIS
SUPERIOR, Wisc-The Cooperative
Health Association of Superior has
3een given the endorsement of the
Wisconsin State Medical Society as
one of three experiments in the pro-
yision of medical care on prepay
nent and voluntary basis" and six
sovieties in the area serv-
ID by the medical coop are starting |
! drive to secure the 300 members |
Y nO may ,DC cdlilItCQ dI LllIo IiillC.
Any member of the State Medical |
Society in good standing may join the |
,anel from which the health associa- |
ion subscribers choose their physi- |
ians. Under the agreement between |
he State society and the coop, 500 of |
he fees paid by the subscribers shall |
'e used to pay physicians while 20% |
will be reserved by the cooperative |
or administrative expense. Although |
complete plans have not been an
lounced the members will pay a
nonthly fee set by representatives Of
he State Society and the Coop, ten
atiyely fixed at SO per family, which
will take care of all ordinary medical
nd surgical care. The plan will pro-
ide the services of attending physi
ians in hospital cases but the fee will
ot take care of hospital bills.