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Monday, May 2, 2016

Cooperatives merge Friday

Tuesday, September 14, 2004

On Friday, September 10 at the Allee Building in Newell, Newell Coop Elevator President Steve White convened a meeting of the Board of Directors for the purpose of counting the ballots that had been cast in relation to the proposed merger of FC Coop of Farnhamville and the Newell Coop Elevator. The results of the vote are as follows:

Of 348 members, 75 percent voted. Of the 75 percent that voted, 92 percent voted in the affirmative for the proposed merger. The FC Coop Board and the Newell Coop Board were very pleased with the high percentage of members that participated and the loyalty demonstrated by those members with a 92 percent approval. Both boards would like to express their thanks to the Newell Coop members. FC looks forward to serving the farmer/members that belong to the cooperative in the Newell/Sulphur Springs area.

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