Show CO OPERATION cooperation AT PROVO IN ix our recent visit to provo we had the good fortune to be present at a meeting of the stockholders of the operative cooperative co institution of that place which was held for the purpose of completing the organization of the society oy by electing a president vice president secretary and treasurer abraham 0 smoot was elected president myron tanner vice president elijah F sheets alex aex F macdonald andrew H scott samuel S jones and geo G bywater were elected directors L john nuttall secretary and isaac bullock treasurer the society has started under very favorable auspices at a meeting of the president and board of directors held directly after the former meeting had been dismissed a liberal proposal was made by henry W lawrence esq of the firm of kimball lawrence to sell out to them the new store decently lecent ly built bulit at provo by that firm with their en entire tire stock of goods which they had there the business done by this store since it was opened has been excellent and it was extend extending bag but this proposal was made with a vie view to aid the cooperative movements move bro L thought and truly too that two stores under the circumstances would be one too many the ofner onner was unanimously accepted and as soon as an invoice of stock can be taken which will be done immediately the goods and premises will be transferred to the operative cooperative co institution A large amount of stock has been subscribed by the people towards this institution ution and so sanguine are they of success that in several instances we understand the amounts originally subscribed have been doubled this feeling of confidence was not lessened by the proposal of president young if the stockholders had no objections to take worth of stock in the institution and the taking of worth by br lawrence we have heard of no society starting into existence in the Terri territory tofy under such favorable circumstances as this of provo and we shall be much dis appointed if it it does not prove a success provo has set an example that Salt Sal Lake fLike city need not be ashamed to imitate and when an establishment is started here on as good a basis and under as favorable circumstances as the one in that city meshall thinkie think we have reasons to congratulate our citizens the principle of cooperation operation co is a correct one and it cannot fail to be successful in every instance if the enterprise be conducted by business men on uise gise business principles it is being adopted in many of our settlements and or are aro being formed adopting as their constitutions and bylaws by laws those framed by the parent society in this city this intelligence is gratify irig but too great care cannot be taken in starting and conducting the operations of these societies to be successful the business must be done in a systematic reliable manner and men of good capacity and experience must have the management of them if these precautions be not taken money will be lost the attempts will prove failures and discouragement and probably ill feelings will follow and the principle of operation cooperation co will fall into disrepute reckless reck Eeck less careless inexperienced men should not be entrusted with the management of the funds of such institutions A man may be a good reliable man in counseling and preaching he may be an excellent mechanic a careful and judicious man in taking care of stock or in cultivating the ground or be successful in other yet be unsuited to conduct and manage a large establishment and to buy and sell goods experience is required to do this but a careful ju decious man can learn if he has an opportunity port unity and if there are settlements where they do not have the men possessing s the necessary experienc eto begin g ld n with if they commence carefully and do a small I 1 safe business that they can manage without difficulty biffle uit their experience will enlarge I 1 and akley they can extend their bus business idess proportionately |