Show poultry group will spend I 1 luge huge 14 sums utah poultry producers cooperative errit ive association announces the retirement of their certificates of at interest issued during the year 1933 there were two issues april 1 1033 and september 80 30 1933 by notion action of the board of directors this redemption becomes effective immediately the management urges all certificate of interest holders to send gond their certificates into the general offices 1800 south sout ii west temple street salt lake city utah for redemption now the certificates darry carry no further interest the total amount of nil all certificates to be ro redeemed deemed equals to date the association has paid back to its members in the forni form of interest on oil certificates find and in the lie redemption of feed letters of credit and certificates of at In terent a total of 00 this amount represents involuntary savings lil gs to thousands of members the associations cooperative plan calls for 01 per dozen or 30 per caw case to be with alth hold held and used as working capital consequently the association Is per cent producer owned and that ownership is established on a patronage basis each member hns has one voto vote regardless of wh what tt amount lie he has invested the articles of incorporation stipulate that at the discretion of the board of directors a portion of the outstanding certificates may be called in the provision being that the oldest certificates are to bo be retired first thus the current capital contribution of the producers is used to retire the oldest contribution when a producer stops contributing his investment continued on last page poultry group will spend huge sums continued from page one I 1 N eventually paid out as Ms his certificates ills are retired it Is truly a rov revolving fund fluid tills this money flowing back into tho the pockets of the members as long as 03 they continue to stand firmly by their association with their patronage and support As usual tilts this 1033 certificate of interest retirement comes coin 03 in uie the spring of the alie year when egg prices are low and ami ns as many producers have lave remarked A certificate of interest retirement surely comes ns as a wei welcomed conlea savings |