Chuck O'Neil, Chicago, as sistant manager, Tabor and Co., will be speaker at the second annual meeting of the Eldena Cooperative Company to be held Sept. 14, at 8 p.m., in the Elde na Church. John Krische, Lee Center, ele vator manager, announced prof its for the year were $12,686.54 and would result in six per cent dividends on all Class A stock, a two cent per bushel refund on all grain sold to the elevator, a two per cent per dollar spent on commercial feed, and $2 dol lar per ton of fertilizer pur chased. The manager noted improve ments in elevator operation in cluded grain drying services and additional capacity for han dling grain. Also, he reported, the elevator fee has been overhauled and grain handling speed increased by one-third The elevator and scales have been remodeled to enable semi trucks to pull straight through and lead in less than 10 min utes Election of new directors will take place at the meeting The present board consists of Robert Tourtillott, president; John A. Bothe, vice president; David Gusse, secretary-treasur er, and directors; Raymond Toot, Ronald Conderman, Ray mond Pitzer and Arthur Ship pert. Tourtillott and Toot will not be candidates for reelection.