Rensselaer Republican, Volume 27, Number 20, Rensselaer, Jasper County, 16 January 1896 — The Creamery to Change Hands. [ARTICLE]

The Creamery to Change Hands.

The annual meeting of the stockholders of the Separated Butter Company of Rensselaer, was held last Monday, at the Rensselaer Bank, at which the old board of directors was re-electd. The expected lease of the creamery was made to J. F. Smith and Bro. of Thorntown. The lease is for orfe year, with the privelege Of three more. The lessors are to pay $1 per day rent and when the daily delivery of milk reaches 10,000 lbs., the rental is to be S4OO per year. Instead of paying for their milk in proportion to the profits of the creamery, the patrons are to be paid so much per 100 pounds; which will be 90 cents in May, June and July; 70 cents in August, September and October; 90 cents in March, April and November; and $1 in December, January and February. The ■ rates will however be a little under these figures until the daily delivery reaches the 10,000 polled mark. The new managers are to take possession February Ist. You’ve heard the old saying “a man who has no music in his soul.” Now Fred Phillips has a $4. remedy tor “a man who hasn’t much goods in the seat of bis pants.”