asday, February 2, 1966

TERRACE “‘Omineca”’ HERALD, TERRACE, BRITIS#| COLUMBIA

Page 19

Bccess Story

ROVES ITSELF!
lerrace Co-operative members — I O66

tin store. It is owned completely by residents of the-

7 they make when applying for membership. Your Co-op

Enember owners.
| directly responsible to the Board of Directors.

adetermined through the support and amount of interest
fowners of the entire organization.

me Co-op has grown in accordance with the support and
Seached $15,080,000 and earnings totalling $406,000 have
Mhe purchases they have made.

! out in actual cash to members leaving the area, old
® The balance remains as the members’ equity in the

ans to work together amiably and with a common and
m, past two decades has more than proven the infallibility
to grow to your personal advantage as long as you

: lof Directors, selected and elected at annual general

pri and interest.
NOW

1853 | TOTAL ASSETS (Real Value) .. $ 870,000

5.220 ANNUAL SALES ........ Less. $2,210,000
660 || ANNUAL PAYROLL ......... .. $ 232,400
; 2 NUMBER ON STAFF (Approximate) 55
1112 TOTAL MEMBERSHIP (1966) .. 1,610
| 5 BOARD OF DIRECTORS ....... 12

E855 MEMBER EQUITIES ........... $ 290,000

| _1+——TOMORROW

mOP:
q Additional property has been purchased ond plans for further
a expansion of the Co-operative retail facilities have been drawn
_ up by the architect and approved by the Board of Directors,
The plans will be available for presentation to the
| the annual general meeting for consideration and approval of

the membership,

> Came the Responsibility of these !

ELEANOR MUEHLE ALBERT RICHARDSON

ath

F. BAILEY * MRS. F. DOLL

~—L, GAIR MRS. R. WOLD

HOWARD HARPER C, PLACE

ALEX HOULDEN

. IVAN BENOIT