Show P POULTRY 0 4 TR Y A SS X TO RETIRE CAPITAL S STOCK T 0 eki some worth oi of capital stock in the utah poultry producers cooper cooperative association held by member producers will bo be retired soon on a alpar par value basis of per share it was announced recently by clyde C edmonds association general manager the stock will be retired in the order oi of its 14 issuance u ance authorization by the board of directors direct rs to buy up ua at tho the full par value approximately shares of the poultry organizations stock places in motion the revolving fund idea to obtain corking king capital put into effect about five years ago several hundred producers are hold 4 trig ing first issue stock each year hereafter between and worth ot of the stock distributed by the association will be retired the oldest issues issued always being called in first retirement after live years of the associations erlat stock at its hill full par value brings to realization a fond dream entertained many years ago by the associations found ers erg the revolving fund theory as af nal final ly put into practice was wai ex by mr edmonds earn ends as follows since working capital Is needed 6 by y the association a fund Is built bull up from an of one bent cent per ej dozen on all eggs handled handle ai 1 bytho arti organization and in fetui return n for thia do de producers wo ard given capital stock bearing interest at af the rate rata qi of eight per cent per der annum until recall recal lk ed the stock represents afie ithe P pro alo dubers equity in the state stitt e association the fund has hag reached a good work ing size and will thus od to io the tha members as it continues taca cumulate retirement of 0 the first 25 I 1 of tho the associations stock mhd announcement t ota 0 a policy to retire between band and shares annu annually hily henceforth puts an actual par value al ue oi on all pc ot tho the shares of stock now standing |