Show THE MEBS FARMERS UNION continued from page 1 the loyalty of the directors who have in the past personally guaranteed notes in the bank as high as at a time and the union has been operating ou on someone alses money this condition the directors felt should not be longer tolerated and so the matter was put to the small stockholders the 5 10 la 15 and 20 shareholders inviting them to subscribe for more stock or else a few in the organization would subscribe the amount and take the wil controlling trolling interest of the ilie organization earnest appeals were made to the stockholders by NV S hansen C G adney john 11 holmgren C W richards david holmgren an lothers and others urging them to take more stock arid and keep keef the organization in the hands of the farmers to be what it was intended a blessing to tho the tillers of the soil in making prices for their products that can not be obtained on the open markets and in furnishing them machinery extras supplies and everything pertaining to the farm at a figure J just a little above actual cost at the factories some of the speakers admits ed having received more than the entire I 1 amount of 0 their stock in the say saving on the price of a single bill of lumber or farm machinery in that manner the cash union has paid dividends good big dMd dividends ends too from its inception cep tion besides a regular 8 dividend which has been paid in merchandise or en cn account the farmers cash union has acted as a balance wheel in the making of prices on grain and other farm products throughout the entire state and nothing has ever como come to the farmers of bear river valley which has been and will io c it if perpetuated a greater bic sinz to 0 o them the organization should be maintained by the majority of the farmers in order that they reap the th benefits and not let the profits pass into the hands of the few who are ready but unwilling it the majority desire it otherwise to ta take ke over the stock A resolution was finally passed giving the small shareholders twenty days in which to decide whether or not they will I 1 increase their holdin gsand save the organization and at the end of that time it if the invitation Is not accepted prominent farmers of the valley will take large blocks of 0 stock increasing the capital A stock paid in and will control the institution attorney morgan of moscow idaho a member of the idaho legislature and mar mix of the idaho national har harvester ester co were present at the meeting and both gentlemen urged the farmers to support the cash union and not let it pass into the hands of the few the gentlemen also made talks concerning the operations of the combined harvester and mr air mix placed an agency with the cash union for handling the machine |