2\ CANADA - eo-()]'IvKAlIOX AM) ASSUCIATKJN 



tion in Canada. On the proposal of the board of directors the shareholders 

 agreed to the fusion of the companj^ with the Alberta Farmers' Co-operative 

 Elevator Company. The resultant company is known as the United Grain 

 Growers, L,imited. 



For some j^ears the means of advancing the interests of farmers in the 

 vast region of the west, by grouping together their organizations and thus 

 improving the working of these, had been studied. A year ago an attempt 

 was made to federate the three great companies of which we have spoken, 

 but this was a failure. The board of directors of the Alberta company there- 

 upon proposed to merge their company' and that of Manitoba. The de- 

 tailed steps by which tliis measure ,was accomplished were approv-ed b}' the 

 shareholders of the Alberta compan^^ three weeks before the meeting of 

 the Manitoba company. 



In accordance with the scheme which was approved the Manitoba 

 Grain Growers' Grain Compan};- will be reorganized on a new basis, that 

 naniel}- of local groups which has already been adopted b^- the Alberta 

 and Saskatchewan companies. 



Each of these local groups will name delegates who will be sent to 

 the general meetin?, and whose travelling costs will be paid by the company. 

 The shareholders will therefore be much better represented in the general 

 meetings than is the case under the system hitherto followed ; under which 

 the large majorit}^ of shareholders present at the general meetings have been 

 resident within a radius of from sixt}' to a hundred miles of Winnipeg, 

 although the shareholders living in Manitoba are much less than half their 

 total number, 7,500 living in .Saskatchewan and the others in Alberta and 

 British Columbia. 



The capital in shares of the new company will be 85,000,000 



Its bj'-laws will shorth^ be presented for statutory sanction to the par- 

 liament at Ottawa. 



