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It is contemplated that no one individual or small group will be permitted to control the corporation, but rather that several hundred stockholders would exercise control through a board of directors and a professional manager. The stock will be priced in such a way that no one can become an owner in the stockhundred
dollars.”
A GROUP of 35 farmers and businessmen in the area initiated an investigation into all aspects of such an enterprise.
Committee members were encouraged by the success of similar markets “whereby economical service responsive to the farmer-producer needs is of primary importance and the requirement for financial gain is of much lesser importance.”
It is emphasized, however, that the corporation would strive to return a reasonable return to investors and offer the prospect of growth to the value of the original stock, Kemp said. yard for as
as a
96.9%