CREAMERY ORGANIZATIONS 35 



the business to make profit from the investment of capital and 

 its legitimate transactions are unhampered by association 

 articles and by-laws. 



Partnership creameries have the disadvantage of all partner- 

 ship enterprises. Each partner of a firm is individually liable 

 for all debts of the firm, contracted either with, or without 



his consent. 







Creamery Corporations. The creamery corporation is a 

 joint stock company without co-operative features. It differs 

 from the proprietary creamery in that it is an incorporated 

 organization, hence each stock holder is liable only to the extent 

 of the amount of the money he invested. This limited liability 

 feature of the joint stock company is attractive to investors 

 and renders this type of creamery organization popular. Its 

 relation to the milk and cream producer is similar to that of 

 the proprietary creamery. 



Its unlimited possibilities have attracted and invited men 

 of business enterprise and of capital into the creamery busi- 

 ness in all parts of the country, and especially into the great 

 stock-raising and grain-growing sections of the Middle West and 

 Far West, where the cow population is not dense enough to 

 make possible the successful operation of co-operative 

 creameries. 



This type of creamery organization has lent itself admirably 

 to the establishment and operation of large centralized cream- 

 eries, who draw their supply of raw material from a vast area. 

 It is furnishing a ready and profitable market for the product 

 of the general farmer who has but a few cows and with whom 

 dairying is a side line rather than the main, business. It has 

 opened up, and is developing the husbandry of the dairy cow, 

 in sections where dairying was formerly thought unprofitable, 

 and it thereby has become a mighty factor, not only in increased 

 milk and butter production, but in the re-stocking of the land, 

 improving the fertility of the soil, making farming more profit- 

 able, furnishing the means for better education of the farmer's 

 sons and daughters, and dignifying the profession of agricul- 

 tural pursuits. 



