18 BULLETIN 825, U. S. DEPARTMENT OF AGRICULTURE. 



A stock company was formed which issued stock to the value of 

 $25,000, at $100 per share, with the proviso that work could not be 

 commenced until $7,500 had been subscribed. There were 31 stock- 

 holders, owning from $100 to $1,050 each, with an average of about 

 $300. Eleven stockholders are farmers. 



Stock to the amount of $11,000 had been paid for and certificates 

 issued at the time of dedication. 



A subscription of $200 had been partially paid, and $13,800 in 

 stock remained unsold. 



There was a mortgage on the building amounting to $7,500, and 

 floating debts in process of settlement amounting to $2,707.60, 

 making a total debt of $10,207.60. 



The building is maintained through — 



1. Membership fees. These are, per year, family, $15; man, $12; 

 woman, $2; boy, $5; nonresident, $5. 

 .2. Admissions for entertainments and moving pictures. 



3. Game fees. Bowling is 10 cents per game and biHiards 40 cents 

 per hour. 



4. Rentals. 



The following statement shows receipts and expenditures for the 

 five months ending May 31, 1917: 



Balance on hand January 1, 1917 $511. 33 



Receipts: 



Motion pictures $1, 333. 05 



Membership fees 492. 35 



Rents 107. 00 



Entertainments 208. 25 



Games 459.70 



Miscellaneous 12. 50 



2, 613. 35 



Total 3, 124. 68 



Expenditures: 



Motion pictures $854.82 



Salaries, labor, etc 777. 04 



Fuel, light, miscellaneous 529. 54 



Entertainments 269. 59 



Interest 450. 00 



Insurance 133. 40 



Taxes, etc 45. 42 



3, 059. 81 



Balance on hand June 1, 1917 64. 87 



The community club consists of a double organization: First, a 

 central holding company, incorporated, with a board of seven 

 directors, elected annually by the stockholders, who are responsible 

 to the State for their management of the organization. This is the 

 stock company. They elect the usual officers. Second, the social 



