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
<s^^.
SADDLE
UP!
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