Excerpt from Cooperation in Agriculture The American cooperative movement, even in the oldest cooperative organizations, is in the formative stage. The principles of cooperation are not generally understood, and few persons appreciate the difference between a cooperative organization formed for the benefit of its members, and a corporation formed for pecuniary profit. The so - called cooperative associations in the United States and Canada have usually been formed as corporations for profit, and do not differ in principle ...
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Excerpt from Cooperation in Agriculture The American cooperative movement, even in the oldest cooperative organizations, is in the formative stage. The principles of cooperation are not generally understood, and few persons appreciate the difference between a cooperative organization formed for the benefit of its members, and a corporation formed for pecuniary profit. The so - called cooperative associations in the United States and Canada have usually been formed as corporations for profit, and do not differ in principle from the ordinary stock corporations, although an eflort has often been made by the organizers to conduct them along cooperative lines. The development of the agricultural cooperation move ment needs to be preceded in most of the states by legisla tion that will permit the formation of non-profit cooperative associations or the formation of profit corporations that can be operated legally for the benefit of the members. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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