Five hundred Farm Bureau members re- 

 ceived $9,082 in dividends from Menard 

 County Farmers Supply Company on their 

 preferred stock and patronage this past year, 

 an average of $17.20. The patronage divi- 

 dends represented 11% return on all mer- 

 chandise purchased. Eighty per cent of the 

 Farm Bureau members in the county patron- 

 ized the company, M. H. Colson, Manager 

 reported in the annual meeting at Peters- 

 burg, December 15th. Fred E. Herndon 

 spoke. 



The Fulton Service Company recorded 



$183,034 in net sales this past year, the largest 

 in the history of the company. Patronage 

 dividends of $19,118 were distributed by the 

 company to more than 1,000 Farm Bureau 

 members who attended their annual meeting 

 held on December l6th at Canton. Dividend 

 checks averaged $21.24, 85% of the busi- 

 ness was done with Farm Bureau members, 

 and 85% of the Farm Bureau members in 

 the county purchased their supplies from the 

 company. Fred E. Herndon was the princi- 

 pal speaker. 



The Egyptian Service Company closed its 



fiscal year with a substantial increase in 

 sales over 1935, it was disclosed by O. J. 

 Grossmann, recently employed manager, at 

 the annual meeting in Salem November 20th. 

 Groundwork for a banner year to follow was 

 laid by the 200 share holders who attended 

 the meeting. 



"With the whole hearted support of our 

 truck salesmen and the cooperation of the 

 Farm Bureau members, we intend to double 

 our sales next year," Mr. Grossmann stated. 

 Fred E. Herndon, commended the new man- 

 agement on the progress made within the last 

 few months. C. H. Becker attended the 

 meeting. 



A 38% increase in net sales, a 75% in- 

 crease in net income, and a 90% increase in 

 patronage dividends refunded was the new 

 record of the Henry-Stark Service Company, 

 Dale Wilson, manager, reported to 1200 

 Farm Bureau members at the company's 7th 

 annual meeting, Kewanee, .December 7. 

 George F. Hayes, president, stated that this 

 splendid record is tangible evidence that 

 farm cooperatives are on the march in rural 

 communities. Total amount of patronage 

 dividends paid 1,434 Farm Bureau members 

 during the meeting was $30,421.65 or an 

 average of $21.55 per member. More than 

 80% of the Farm Bureau members of the 

 county purchased their farm supplies and 

 petroleum products through the company 

 this past year. C. H. Becker, was the princi- 

 pal speaker. 



Preferred stock and patronage dividends 

 of $18,130.44 were returned to 762 Farm 

 Bureau members by the Stephenson Service 

 Company on the past year's business, it was 

 revealed by A. O. Grossmann, manager, at the 

 sixth annual meeting of the company held 

 in Freeport, December 3rd. More than 800 

 Farm Bureau members attended the meeting. 



The slogan of the management, "Improved 

 Service and Higher Cash Returns to Mem- 

 bers" well defined the year's results, accord- 

 ing to L. R. Marchant, the principal speaker. 

 Patronage checks averaging $18.41 by Farm 



DIES OF INJURIES 



Theron Broster, 24 year old son of Mr. and 

 Mrs. Homer Brotter of Grayville. died, Decem- 

 ber 8, as a result of infections from Injuries 

 received in an automobile accident November 

 28. Since October 12 he had been manager 

 of Monroe Service Company at Waterloo. 

 For six years previous to his promotion, he had 

 been the bookkeeper and office manager of 

 the Wabath Valley Service Company at Gray- 

 ville. In that position he won first prize In the' 

 state-wide bookkeepers' contest in 1935 and 

 ranked among the ten highest in the state dur- 

 ing 1936. 



His willingness to work, his sterling character, 

 and his accuracy made his work exceptional. 

 His pleasant personality will be remembered 

 by all who knew him. 



Bureau members presented an increase of 62 

 per cent over the 1935 returns. Ninety-three • 

 per cent of the Farm Bureau members pat- 

 ronized the company. 



An increase in sales and net income, and 



a substantial decrease in operating expenses 

 enabled Kankakee Service Company to re- 

 turn to its members more than $5,000 in 

 dividends on their preferred stock and pat- 

 ronage last year. This increase in business 

 was announced by Lyle Everist at the 6th 

 annual meeting of the company held in 

 Kankakee, December 10th. C. H. Becker 

 represented the Illinois Farm Supply Com- 

 pany. 



A 36.8% net sales and a 23.8% increase 

 in net income enabled Henderson Service 

 Company to return $5,409 in oatronage divi- 

 dends to Farm Bureau members during the 

 past year, L. H. Nesemeier, manager reported 

 during the annual meeting December 12th 

 at Biggsville. More than 76% of total sales 

 were made to Farm Bureau members whose 

 dividend checks averaged $16.50. Edgar 

 Rochel was elected to the board of directors. 

 C. H. Becker spoke. 



One good reason Champaign County Farm 

 Bureau won the distinction of having the 

 largest paid-up membership in the United 

 States is the performance of Champaign 

 County Service Company. The 6th annual 

 meeting of the company was held in Urbana 



December 15 with some 700 people attend- 

 ing. L. R. Marchant spoke. 



The sum of $1,403.53 in preferred stock 

 dividends and $49,590.50 in patronage divi- 

 dends was distributed among 1494 members. 

 Patronage checks averaged $33.19 each, ac- 

 cording to R. G. Stewart, manager. Eighty- 

 seven per cent of the Farm Bureau members 

 patronized the company during the past year, 

 and their purchases represented 86.2 per cent 

 of the business. During the six years of 

 operation members have received $160,000 

 in patronage dividends, an amount equivalent 

 to eight times the capital stock investment. 



Champaign County Service Company was 

 high among the Illinois Farm Supply com- 

 panies in Soyoil paint and grease sales and 

 second in the motor oil contest the past year. 

 Fourteen truck salesmen reported their fu- 

 ture orders for motor oil at 52,000 gallons 

 the day of the meeting. 



Thirteen hundred farmers attended the 9th 



annual meeting of Logan-Mason Service 

 Company and Farm Bureau at Lincoln No- 

 vember 17. During the past year sales in- 

 creased $72,000 over the previous period 

 with the percentage of accounts receivable 

 the lowest on record, reports revealed. Divi- 

 dend checks totaling $20,484.92 were dis- 

 tributed to the stockholders. Frank Cope- 

 land, Mt. Pulaski, John Danaher, Athens, 

 and Roy Ransom, Kilbourne were elected 

 directors. C. V. Gregory, editor of Prairie 

 Farmer, was principal speaker and W. B. 

 Peterson represented the Illinois Farm Sup- 

 ply Company. 



N. J. Welsch of Waterloo, formerly book- 

 keeper and salesman at Monroe Service Com- 

 pany, has been employed to manage the Clark 

 Service Company. 



The Winnebago Service Company em- 

 ployed Harold Q. Frey on December 7 as 

 manager. He was manager of Rock Island 

 Service Company since its organization in 

 1934. 



More than 1,400,000 gallons of gasoline 

 and other petroleum products were dis- 

 tributed through the Macon-Piatt Service 

 Company to Farm Bureau members of these 

 two counties. Manager Z. W. Welch re- 

 ported at the 8th annual meeting in Decatur, 

 December 14. Patronage dividends of $19,- 

 333.25 were returned to the members. A. J. 

 Stoutenborough, president of the company 

 spoke. The Illinois Farm Supply Company 

 was represented by Fred E. Herndon. 



NOTICE 



Illinois Agicultural Association 

 Election of Delegates 



Notice is hereby given that in connection 

 with the annual meetings of all County 

 Farm Bureaus to be held during the month 

 of February. 1937. at the hour and place to 

 be determined by the Board of Directors of 

 each respective County Farm Bureau, the 

 members in good standing of such County 

 Farm Bureau, and who are also qualified 

 voting members of Illinois Agricultural As- 

 sociation, shall elect a delegate or delegates 

 to represent such members of Illinois Agri- 

 cultural Association and vote on all mat- 

 ters before the next annual meeting or any 

 special meeting of the Association, including 

 the election of officers and directors as pro- 

 vided for in the By-Laws of the Association. 



During February, annual meetings will be 

 held in Champaign, DeKalb, Douglas, Lake, 

 Monroe and Will Counties. 



(Signed) Paul E. Mathias. 



Corporate Secretary. 

 December 16, 1936 



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26 



I. A. A. RECORD 



