OCR Text |
Show Utah Poultry Retires Certificates Valued at $150,000 Utah Poultry and Farmers Cooperative Co-operative members in this area and other parts of the state will receive $150,000 this week in cash payments. Payments will be made through the 26 branches around Utah and southern Idaho or through the main office, according ac-cording to C. K. Ferre, assistant secretary and auditor of the company. com-pany. The board of directors of the Utah Poultry and Farmers Cooperative Coop-erative voted at the last meeting to retire certificates of interest issued in 1947. These certificates were issued to members who invested in-vested one cent for each dozen eggs marketed through the cooperative coop-erative that year. The investment invest-ment has been paid regular interest in-terest for seven years and the certificates will be redeemed at face value plus accrued interest. Utah Poultry and Farmers Cooperative Co-operative is now in its 32nd year of operation and offers services to all farmers in Utah and southern south-ern Idaho. |