The Hadley Co-Operative Elevator Company
        Among the solid co-operative business institutions that have done their part in the development and in the improvement of this section is the Hadley Co-operative Elevator Company. Today no company stands on a more solid foundation or has paid more regular dividends to its patrons and stockholders.

        One reason for the fine showing of this company is due to the fact that every one of its present officers was an original shareholder when the company was organized over 32 vears ago.

        This organization did not have a very auspicious start at the first meeting which was held on March 21, 1914. There were only thirty stockholders present and the organization of the new elevator was postponed until March 28, 1914. The small crowd present on March 21 was due to a severe snow storm. At the postponed meeting on March 28 there were


The Hadley Co-Operative Elevators at Hadley

Elevator No. 1


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Elevator No. 2

over forty enthusiastic farmers and business men present and they elected the following officers for a year. The directors elected were Axel Fresk, B. H. Jacobson, John G. Johnson, C. E. Clark, and B. H. Larson. The off icers chosen were President, John G. Johnson; Vice President, B. H. Jacobson; Treasurer, Chas. F. Lowe, and B. H. Larson, Secretary.

        According to the records of the company there were fifty-five shares of stock sold in 1914. These stockholders were the only shareholders in the company until 1916.

        The first work of the new elevator board was the purchase of a building, and after investigation purchased the Hubbard & Palmer elevator for $3,125.00 which the company took over on JuIy 1, 1914. The elevator was in need of repairs and improvements and it was shut down for two weeks when the first manager, C. A. Chapman, arrived and took over his duties.

        The business increased at such a rapid rate for the company that it was forced to secure more space for expansion so on August 15, 1916, just about two years after the start of the

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