In view of the fact that many letters have been received at the college during the past few months asking for information and advice as to the best methods of organizing co-operative creamery companies, and building and equipping creameries, the following bulletin has been prepared and published: In organizing a co-operative creamery company the first thing to be done is to secure the assurance of the milk from at least three hundred cows. It would not be wise to go on with plans for building a creamery unless the milk from that number of cows can be obtained. Having made sure that there will be an adequate supply of milk, the stock may be subscribed. The shares may consist of from ten to fifty dollars each according to existing conditions. There are generally enough farmers in a community who can pay cash for their shares to supply money to make the first payment on the plant. Those who have little ready money can be allowed to pay a certain percentage in cash and the remainder in monthly installments to be deducted from their share of the creamery receipts. Having secured enough stockholders, a corporation is formed, directors elected, and they are authorized to draft articles of incorporation and apply to the state for a charter. The following are the articles of incorporation adopted by the Brookings Co-operative Creamery Company:
creamery, dairy science, co-ops, dairy science
South Dakota Agricultural College and Experiment Station
Williams, T.A., "Building Creameries and Organization of Co-operative Creamery Companies" (1896). Agricultural Experiment Station Bulletins. 46.