1908.] 



Agricultural Credit Societies. 



4i3 



following 12 societies were registered in England on the 

 31st December, 1905. The Muskham Credit Society, which 

 was registered in 1904, was dissolved in 1906 : — 





Date of 



Number 



Amount 





Establish- 



of 



of 





ment. 



Members, 



Funds. 



V il Ill UL IVJ-tiC 







r 



Cottenham Agricultural Credit Society ... 



1896 



20 



1 1 











Hedge End Agricultural Credit Society 



1896 



of 



O TO 



Bedford— 





Clophill Credit Society 



1900 



16 





Lincolnshire — 









Spalding and District Credit Society 



1904 



98 



203 



Friskney Credit Society 



1904 



27 



12 



Scawby Agricultural Credit Society... 



1894 



28 



42 



Norfolk— 







Whissonsett Small Holders Credit Society ... 



1905 



18 



26 



Wiggenhall Agricultural Credit Society 



1896 



46 



68 



Suffolk— . 









Laxfield Agricultural Credit Society... 



1894 



10 



10 



Warwick — 









Grandborough Village Bank ... 



1895 



7 



165 



Worcester — 









Far Forest and District Credit Society 



1903 



11 



5o 



Castle Morton Agricultural Credit Society ... 



1895 



19 



1 



Some account of the operations of these societies will be 

 found in the publications of the Agricultural Organisation 

 Society. The Wiggenhall Agricultural Credit Society, for 

 example, is described in the Society's Journal for March, 

 1908. This society, which has been in existence twelve years, 

 was established with the assistance of a local landowner, who 

 provided part of its first capital by placing the sum of £50 

 on deposit. It also raised capital by taking deposits of is. 

 and upwards from members to bear interest at 4 per cent, 

 up to £20 and at 3 per cent, when over that amount. In 

 December, 1906, the funds of the society amounted to £138, 

 of which about £68 were deposits, while the outstanding loans 

 amounted to £114. The purposes for which loans have been 

 granted are buying horses and ponies for tradesmen and small 

 holders, buying live stock, manure, seeds, repairing green- 

 houses, &c. One member has been able to take a small holding 

 with the assistance of a loan from the society, together with 

 his deposits over a number of years. The present member- 

 ship is 47. 



