November 24, 2020

MaxYield 100 Years: 50th Annual Report, April 30 1965

50th coverRecently, MaxYield Cooperative celebrated its birthday, founded as West Bend Elevator Company on April 6, 1915. It was later incorporated on May 29th of that same year.

The 50th annual report to the membership documented the financials of the company for the year ending April 30, 1965.

Then, R. W. Jurgens was the general manager, with Earnie Schmidt serving as president, George Thatcher as Vice President, while R. W. Rittgers was the secretary.

The inside of the 50th annual report showed 27 employees on the West Bend location roster, and three for the Rodman location, which was purchased from the Quaker Oats Company that same year.

In his “Word from the Management” at the beginning of the annual report, Jurgens wrote, “It is with a great deal of pleasure and pride that I am allowed to report on your Cooperative’s 50th year in business. We have enjoyed another profitable year. Our volume of grain handled is quite a lot over last year. Sales are the largest in history–almost five and a quarter million dollars.”

He conclude his annual report remarks by saying, “You can be assured that your directors and management will continue to seek new methods that will keep your Cooperative abreast of these rapidly changing times. You can also be assured that all changes will be designed for the good of Cooperative and for the benefit of its members.”

Those words applied at the 50 year mark of West Bend Elevator Company, and as we celebrate a century of MaxYield Cooperative.

Thank you for your support and here’s to the next 100 years!

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