DECADES of GROWTH 



VORTH^OF BUSINESS EXPERIENCE 



id its Mem- ^soundly financed — ahiy odminbtered — and are here reody to assume 



liito« hove*. ^heir full responsibilittes in the turbulent days that are ahead - ■ responsi- 



bilities for better products — far better service — ond for greater savings, 

 art Harbor* * f* 

 i1 1 4 000 • '" ^y* ^^" dollars are cheap but quality is hord to find, or in days when. 



ess experi- -4^^ quality is abundant but money is scarce, your Form Bureau Service Com- 



ner-owned pony is dependable in both quality and price. 





FEEDS 



tiri^-^ Afi^i- 



: "^^ ir& iiiSii mm »i 



JSBL^BLi 



•*) ♦• 



A20-Y^AR TOTAL OF 



i9n 



tSTSIO*)) *3233^*3& 36*77 '36 '39 '40 '41 '42 « ^ 1IS '46 



TOTAL TO OATC. 



'^25,044,473.°? 



( iMuiioiM NET srau m 



YOUR FARM BUREAU SERVICE COMPANY 



IS A GOOD CITIZEN 



It IS owned by farm people within your county. It pays taxes like all 

 other business ~ real estate taxes — personol property taxes ~stote, 

 municipal license fees — federal excise taxes — social security, old age 

 benefit, and unemployment taxes, etc. 



Service companies pay income taxes on earnings paid as dividends 

 to preferred shareholders and also on earnings from non-member 

 business. Patronage refunds ore not income to service companies. 

 Therefore, no income tax is paid on these, but refunds become mem- 

 bers' income and are taxable there. 



When service companies pay patronage refunds on Annual Meeting 

 Day it is usuolly a busy day for merchants on Main Street. 



LY COMPANY, CHICAGO 



