Show poultry group will spend huge sums utah poultry producers coop eittle association announces the retirement of their certificates of interest Is sued issued during the year 1033 there were two issues april 1 1033 1933 and september 30 1933 oy by action of the board of diree tors this redemption becomes becom effective f immediately the management urges all certificate of in terest iciest holders to send their certificates t I 1 into the general offices 1800 south west temple street salt lake city utah for redemption now the certificates darry no ID further Int interest the total amount of all certificates to be redeemed equals I 1 to date the association has bag paid back to its members in the form of interest on oil certificates and in the redemption of feed letters of credit and of at I 1 terest interest n a total of 1 00 this amount represents involuntary savings to thousands of members the associations cooperative plan calls for foi oi 01 per dozen or 30 per case to be with ft ath 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 lias liag one vote regardless of what amount he be 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 be retired first thus the current capital contribution of the producers is used to retire the oldest contribution when a producer stops con contributing his investment 1 Is eventually paid out as lis ills certificates are retired it is id truly a revolving fund this money flowing back into the pockets of the nien ibers as long as they continue to stand firmly by their association with their patronage and support As usual this 1833 certificate of interest retirement comes in the spring of the year when egg prices are low and ns as many producers edve remarked A certificate of interest retirement surely comes as a welcomed savings |