GETTYSBURG - General Manager Dan Murray announced that Adams Electric Cooperative-, Inc., a non-profit rural electric The Ford REAL TRACTORS FOR THE HOME & FARM Whether you want a picture-perfect estate, a high yielding garden, or maybe both a new Ford 1000 Series tractor is for you! There are over 50 implements available to do most garden jobs you’ve got. And they’re so nimble and easy to operate that tractor work is almost tractor fun! • Six models -11.5 to 28.5 PTO horsepower • Fuel efficient diesel power • 10 or 12-speed transmission • Optional front-wheel drive New Ford Tracti At I Quantity Model Quantity Model 20 1210 I 2 2110 1 2810 1310 1510 mo 1910 FORD WINTER PROGRAMS ARE UNBEATABLE Rt. 419 between Schaefferstown and Cornwall, Lebanon County, Lebanon, PA 17042 717-949-6501 OR TOLL-FREE 1-800-822-2152 Adams Electric refunds $501,965 utility has refunded $501,965.15 in patronage capital to its members. Refunds will go to 21,111 current and former members this week. 1110 and 1210 tors In Stock, Real Unbelievable Deal dy For Delivery ils! 3910 4610 HISS • Live hydraulics • 540 rpm PTO • Category 13-point hitch • Check the features. Then stop by and test one for yourself Quantity Model 1 5610 2 6610 3 7710 2 TWIS, 4WD This latest refund raises the member cumulative refunds to approximately $2,560,000 since the beginning of the corporative in incas 1940. According to Murray, the refund is comprised of three small special refunds and one large general refund. Special refunds have been made to estates of recently deceased members, to inactive accounts with patronage balances of less than $35, and to members and former members owed patronage capital for 1963 and 1964. These special refunds are being made in lump sums, rather than annual general refunds over an extended period of time. The remainder of the refund is general refunds based upon 5 per cent of total of all active and inactive account patronage balances of accounts receiving services 1965 through 1984. The only exception is the fairly new consumer who is due a refund of less than $5. In this case, the cooperative is holding the money until future cumulative refunds exceed the cost of processing a check. Murray credits Joeseph L. Cole, Manager of Finance and Management Services, with improving the WMIER BUYER'S DMBEXDS Now In Effect * Eli) ;ible Models • 311-316-326 Rectangular Balers. . • 1003 Bale Wagon • 38 Crop Chopper • 472-474-488-489 Mower Conditioners • 790 Forage Harvester • 848-849-853-855-858 Round Balers .. • 426 Rectangular Baler • 411-495-499-116 Mower Conditioners • 718-782-900 Forage Harvesters . 1036-1037-1052 Bale Wagon • 505-1426 Rectangular Balers • 1100-1116-1496 S.P. Windrowers. . • 1600 Forage Harvester • 1900-2100 S.P. Forage Harvester . Lebanon County, Lebanon, PA 17042 ' 717-949-6501 OR TOLL-FREE 1-800-822-2152 HOLLAfSD -arming, lanuary system of refunding to allow early retirement of deceased estates and to progressively clear remaining balances from general retirements. Patronage capital is unique to nonprofit cooperatives. In a runL electric cooperative, the ■■ margins do not belong to fIP cooperative they belong to the individuals who paid the money on their monthly service bills. The cooperative bylaws provide that the excess of operating revenues minus expenses be considered as capital and furnished by the patrons (co-op members). A sufficient reserve must be kept on hand to provide operations funds and reserves against emergencies such as storm damage. All remaining margins are refunded to the member as financial con ditions permit. Adams Electric Cooperative, Inc. currently has $35,000,000 in assets and has nearly 1,100 miles of electric lines serving over 18,000 accounts in Adams, Cumberland, Franklin and York Counties. tividend $4OO $4OO ..$4OO ..$450 $5OO ..$6OO ..$6OO $6OO $6OO . $7OO $1,300 $1,300 $1,300 $4,000