tribute d annually among members in 

 proportion to their patronage. At the 

 discretion of the board, patronage re- 

 funds may be allocated or paid more 

 often. 



Method of Paying Members 



Payment for products is made to 

 members of the association on receipt, 

 by the cooperative, of the sales pro- 

 ceeds. The association acts as an 

 agent for the patron, negotiates the 

 sale, collects the money, deducts the 

 costs involved in making the sale, and 

 returns the net balance to the patron. 



Definite purchase and price agree- 

 ments are reached before the grower 

 relinquishes title to the wood. Any 

 advance payment made before final 

 settlement usually constitutes some 

 percentage of the market price pre- 

 vailing at the time the agreement was 

 made. 



Management 



The bylaws of this cooperative 

 specify the number and qualifications 

 of directors, term of office, and other 

 details relating to management. 



Directors 



A board of six directors represent- 

 ing the three communities of Hale, 

 Wilber, and Mikado supervises and 

 controls the affairs of Au Sable Forest 

 Products Association. The board 

 makes all rules and regulations for 

 the management and guidance of the 



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