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During 1992, Rappahannnock’s operative margins totaled $1.4 million, up from $1.2 million in 1991.
Rappahannock’s board of directors approved the return of $1,081,175 in capital credits to its members in 1992. The cooperative has paid more that $10 million in capital credits to its customers over the past decade.
In other business, four members of the Rappahannock board of directors were re-elected. They are: William M. Alphin of Region I, representing Rappahannock, Madison and Culpeper Counties; A. Nash Johnston, of Region IV, representing Spotsylvania County; Wickham B. Coleman of Region VII,
94.9%