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CLAY COUNTY ILLUSTRATED 



Plant of Barnesville Farmers' Elevator Company 



Barnesville Farmers' Elevator 

 Company 



The Barnesville Farmers' Elevator 

 Company is one of the most successful 

 of the co-operative organizations of 

 the producers of Clay County. Busi- 

 ness was begun in 1908, with $5,175.00 

 capital, contributed by 148 farmers of 

 the country tributary to Barnesville. 

 Each year the company has paid an 

 eight per cent dividend on the capital 

 stock, and in 1915 an additional div- 

 idend of 50% was paid. This was 

 made possible, in part, by the rebates 

 received from the railroads on freight 

 paid while the commodity rates were 

 in litigation. After paying all of these 

 dividends the company had a surplus 

 of $8,681.00, estimating the elevator 

 property to be worth $7,221.32. The 

 elevator and office buildings are shown 

 in the accompanying illustration. It 

 is a fine plant with modern equip- 

 ment, including gasoline power, double 

 driveway, with automatic scales and 

 an outside scale. From 200,000 to 

 325,000 bushels of the several varie- 

 ties of grain have been handled each 

 year. Three years ago the company 

 began to handle binding twine, and 

 last fall the sale of fuel was begun. 



S. P. Anderson is the president, and 

 A. A. Haagenson has been the mana- 



ger since the company was organized. 

 The profits of the business to the first 

 of the present year approximate $25,- 

 000.00, a pretty fair indication of com- 

 petent management. 



Stock Shippers' Association 



Among the recent organizations of 

 the farmers of Clay County is the 

 Humboldt Live Stock Shipping As- 

 sociation with headquarters at Barnes- 

 ville. Although less than a year old 

 the association has already made 24 

 shipments aggregating 39 carloads of 

 stock. The first shipment was made 

 on April 1st, 1915, and the above 

 totals are up to February 1st, 1916. 

 W. S. Lee, treasurer of the association, 

 says the average value of the carloads 

 has been over $1,000.00 and the 

 amount paid owners aggregates more 

 than $39,000.00. 



A complete statement is furnished 

 to each shipper showing in detail ev- 

 ery transaction in which he is interest- 

 ed. A small fee is charged to defray 

 expenses and, two cents per hundred 

 weight on cattle and three cents on 

 sheep and hogs go into a sinking fund 

 to be used in paying losses by injury 

 to stock while under the control of 

 the association. 



