NEW DISTRICTS 



Sam Yergler 



Arthur Berttche 



C. J. tlltott 



Carl O. Johnson 



Charle* J. SthmlM 



J. fred Romine 



John Bufterfleld 



ILL. GRAIN REORGANIZES 



lAA Co-op Reshapes Its Districts, Elects 

 A New Board of Directors, and Absorbs A 

 Supply Cooperative in Reorganization Move 



CHANGES in the districts and in 

 the number of directors elected to 

 the board of the Illinois Grain 

 C^orpor.ition were voted by stock 

 liolders of the company at a meet- 

 ing held Jan. 14 at the Pere Marquette 

 Hotel in Peoria. 



Changes in the districts have been un- 

 der con'iideration for some time, Charles 

 Schmitt, Lo^an county, president of the 

 Illinois Grain Corporation, said at the 

 meeting. He said that present and po- 

 tential membership, the movement of 

 grain to markets, the various yrain grow- 

 ing areas, and other factors were con- 

 sidered in setting up the new districts. 



The di.-tricts from which directors are 

 elected have been increased from six to 

 eight under the new reapportionment. 

 However, the number of directors has 

 been decreased from 1 ^ to 9. 



Previously two directors were elected 

 from each district and three from the 

 board of directors of the Illinois Agri- 

 cultural As.sociation. a total of 15. Un- 

 der the revised plan one director is 

 elected from e.ich di^trict and one from 

 the lAA board, a total of nine. 



The delegates also voted approval of 



a plan whereby the I.F.A. Elevators, Inc., 

 will dissolve and their business taken 

 over by the Illinois Grain Corporation. 

 The board of the I.F.A. Elevators, Inc., 

 agreed to dissolve prior to the Peoria 

 meeting. 



Illinois Grain Corporation is a grain 

 brokerage cooperative affiliated with the 

 Illinois Agricultural Association. It op- 

 erates on the Chicago, Peoria, and St. 

 I-ouis boards of trade. 



I.F.A. Elevators, Inc., was organized 

 this summer as a central buying agency 

 for cooperative elevators in central Illi- 

 nois, its state headquarters have been 

 at Pontiac. 



The I.F.A. Elevators, Inc.. will sell its 

 assets to Illinois Grain Corporation and 

 the latter organization will handle feed, 

 fertilizers, and steel products lor its 

 member<^. 



One of the provisions involved in the 

 reorganization is that membership in Illi- 

 nois Grain Corporation will continue to 

 have as its only limitation that members 

 be true Capper- Volstead Cooperatives. 

 Future changes in membership require- 

 ments would be made only by voting 

 members of Illinois Grain Corporation. 



Mop shows new districts of Ifllnols Grain 

 Corporation. Under reapportionment one 

 direttor is elected from each of the dis- 

 tricts and one appointed from lAA board. 



Members of the new board of direc- 

 tors are: Sam Yergler, Iroquois county, 

 district 1; Carl O. Johnson, Marshall, 2; 

 Arthur Dertsche, Livingston, 3; Leo 

 Worden, Hancock, 4; John McCabe, 

 Champaign, 5 ; Charles Schmitt, Logan, 

 6; J. Fred Romine, Douglas, 7; John 

 Butterfield, Christian, 8; and C. J. Elliott, 

 LaSalle, lAA. Officers elected were: 

 Schmitt, president: Romine, vice-presi- 

 dent; and Butterfield, secretary. 



Leo Worden, Hancock county, was the 

 only member elected to the new board of 

 Illinois Grain Corporation who had not 

 been a member of the old board. 



L. L. Colvis, lAA secretary of market- 

 ing, discussed the various changes in the 

 program of Illinois Grain Corporation. 

 "It will open the gate for grain coopera- 

 ti\es to do a better job of grain market- 

 ing." he said. 



"\X'e hope this merger will make our 

 services available to an increasing num- 

 ber of farmers. If it does, we can feel 

 we have been successful in our attempt," 

 he concluded. 



Necessary changes in the legal struc- 

 ture of Illinois Grain Corporation were 

 explained to the delegates by Paul E. 

 Mathias of the lAA legal department. 



ILLII 

 GRAI 

 TERI 

 PRO! 



Four 

 Spend 

 On Si 

 Facilit 



THE steal 

 Grain 1 

 ing to ti 

 large, f. 

 keting cc 

 adjoining map 

 Greatest grc 

 along the Illii 

 where the lili 

 tion grain ma 

 sub-terminal 

 Lacon, Henne 

 City. 



Grain origii 



and accumulate 



will eventually 



minal elevator 



Louis. Sites I 



fronts in both 



The lUinoii 



designed to bi 



nois farmers 1 



trol of some o 



farms to the pi 



Grain prod 



ganized by co 



districts undei 



nals plan nov 



tricts (see ma 



far and all are 



the state — Tl 



Company arc 



Grain Compa 



pin, and Laco 



Company aroi 



ern Illinois G 



las City on tl 



These fou 



spent about oi 



sub-terminal 



money has b 



chased by inh 



At present 



being raised 



state companj 



8 



I. A. A. RECORD 



FEBRUARY. 



