Jasper County Democrat, Volume 19, Number 24, Rensselaer, Jasper County, 21 June 1916 — Farmers' Grain Elevator Company Soon to Be Organized. [ARTICLE]

Farmers' Grain Elevator Company Soon to Be Organized.

/ At the meeting held at the Gayety airdome Saturday afternoon to discuss the proposition of organizing a farmers’ co-operative grain company here, good talks were made by Mr. Stickney of Chicago and Mr. Atkinson of Bennett, 111., both of whom have had much actual experience with such companies, the latter being a charter member of a company formed 14 years ago at his home town. C. F. Mansfield of Monticello, 111., who was here looking after his real estate interests southeast of Rensselaer, also made a good talk along the same lines. Two members of the Wolcott Farmers’ Elevator company made short talks, giving their experience. All thought it the proper thing. The meeting, which was well attended by representative farmers adjacent to Rensselaer, was presided over by F. L. Hoover as chairman and George Kanne as secretary. It was shown that $12,000 of the $20,000 desired to be raised, had been subscribed, and several hundred dollars more was subscribed at this meeting. A committee was appointed to solicit further subscriptions and it will report next Saturday. It is probable another meeting will be called in two or three weeks to formally organize a company, elect officers and apply for charter, etc.