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Newspaper
Reporter Boyden
Location
Boyden, Iowa, United States of America
Date
Feb 10, 1938
Page
5
The 1937 report lists officers led by President H Kortekamp and Treasurer Albert Dethmers. It records assets totaling 57,656.42 with current assets 38,197.38, and a 1937 net income after expenses. Key figures include butterfat purchases, milk and cream inputs, and patronage dividends.
The Board of Directors declared patronage dividends of 1 percent on butterfat purchased by stockholders and 5 percent interest on stock, totaling 18 820 19 dollars. The 1 350 00 dollar provision is noted as part of the totals, with the final sum 18 820 19 dollars.
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