Dr. Lee Fairchild recalls the story of a village
priest who told his
congregation, “Next Sunday I propose to give a sermon about liars, I
suggest
that before then you all read Chapter Seventeen of St. Mark’s.” Came the following Sunday, and the priest
began, “Will all those who obliged me by reading Chapter Seventeen of
St.
Mark’s please raise their hands.” Every
right hand in the congregation shot up.
Observed the priest, “There are only sixteen chapters in St.
Mark’s. I will now deliver my sermon on
liars.”
The archbishop had preached a rousing sermon on the
beauties of
married life. Two buxom ladies from
Bray left the church feeling uplifted and contented.
“Twas a fine sermon His Reverence gave us this morning,”
observed
one.
“That it was,”
agreed the other, “and I wish I knew as little about the matter as he
does.”
Then there is the story of the two Cub Scouts whose younger sister
fell into the lake. The two Cubs rushed
home with tears streaming down their countenances.
“We tried to give her artificial respiration,” sobbed one to
their mother, “but she kept getting up and walking away.”
One time, Art Link letter entertained a little girl named Ellen, and
a boy of the same age she obviously adored named Stevie.
"When I grow up,” confided Ellen (all
of five) “I’m going to marry Stevie.”
“That’s great,” enthused Link letter. “Do
you feel the same way about Ellen, Stevie?”
“Nah,” scowled Stevie.
“Never as long as I live,”
“Why not?” persisted Mr. L
“Because,” explained
Stevie with some dignity, “every time I turn around school, she paints
my
nose.”
n a letter
sent to all retails in District B - 19 dated July 9,
2007, by Keith Corbould, Director of
said District, he advised that after seven months of operation in the
current
fiscal year (to 31 May), FCL had sales of $2.96 billion ($169 million
over
budget and $27 million better than last year).
The decrease in average selling prices of petroleum fuels did
not occur
to the extent forecast and food inflation was higher than anticipated. Overall, a real sales growth of over 6.9%
was reached versus a budget of 4.8%.
Keith further reported that in net savings, Crop Supplies and
Food were
ahead of budget; General Merchandise and Feed were right on. Petroleum is ahead, at this point, $62 million. TGP continues to do well with sales $10
million ahead of budget, most of which has gone to new savings.
Forest Products Division is well below budget in net
savings for a
total loss to this point of $9 million.
With depressed pricing and a lower quality log mix FCL decided
to hold
inventories until market conditions improve.
The annual spring maintenance shutdown (sawmill) was extended
for over a
month and will now start up on 23 July.
What the mind can conceive and believe it can
achieve.
At the annual meeting The FCL Board will bring
forward a
recommendation that the number of districts (and therefore the number
of
directors) be reduced to a total of 15 from the current 19. With all
the
mergers and dissolutions we have seen over the past decade, the total
number of
retails has declined dramatically and we can easily forecast other
moves in
this direction over the next 5 years.
In order to
address this we asked the directors from each province to look at their
own
situations, with the directors from BC and Alberta treating this as a
single
region. The resulting recommended new
distribution of districts would be Alberta/ BC 6 (down from 8), Sask. 6
(8),
and Man 3 (4). We feel that this
reduced board size would work and we do not believe that it would be
any less
effective than the current number.
This would result in an average number of retails
and total sales
volume in each district of:
a.
BC/ Alberta
14*
$279.5
Million
b. Sask.
26
$217.1 Million
c. Manitoba
15.3
$279.3
Million
* with Calgary
not counted as it
is its own district. Some might argue
that the number should be further reduced but this is a very large
company with
a huge investment in your equity and it needs to be carefully monitored. As well, the FCL Board is a “lay” board with
no guarantee that its members will have the desired backgrounds to
effectively
oversee management-so there is a certain safety in numbers. By the way, the resolution regarding number
of districts would require only a simple majority to pass, and the
results would
be binding on the FCL Board.
The harder issue will be how we get to this new
organization if it
is approved. Do we redraw the map, have
the entire board resign and start all over, or do we accomplish this
over a
transition period as some directors will have only just been elected
for a 3
-year term? We have heard the odd
concern expressed over the possibility of losing “our director”. In the end, however, every retail co-op will
continue to be represented on the FCL Board by a director whom they
elect.
A full presentation on this issue will be made at
the Fall
Conference in November, which will give you time to form your opinion
and give
direction to your delegation.
Atlantic Panorama - The Canadian Co-operative
Association (CCA)
brought women managers from credit unions in developing countries to
Canada
this past July as part of the seventh running of its popular women’s
Mentorship
Program. The fourteen women were hosted
by Canadian credit unions from July 12 to 21 before flying to Calgary
to attend
the World Council of Credit Unions 2007 Conference.
In the past five years more than 100 Canadian credit unions have
hosted and provided on-site mentoring/job shadowing opportunities to 87
women
from Africa, Asia and the Caribbean.
While in Canada, they will receive general leadership training
and learn
the ins-and-outs of managing a loans program.
CCA project officer Laurie Tennian.
Canadian Co-operative Association says.
“When tillage begins, other arts follow. The farmers, therefore, are the founders of
human civilization.”
-Daniel Webster-
“Earth is here so kind, that just tickle her with a
hoe and she
laughs with a harvest.” -Douglas William Jerrold-
Are you a member of your local Co-op?
If you are not perhaps it is time for you to look into the
benefits of becoming one.
Here are some of the facts.
In 2006, members earned 5.0 cents per liter of fuel
purchases at the
Vanderhoof & Districts Co-op.
That’s how it works! Supporting Vanderhoof & Districts Co-op
and
using your member number is a good investment.
With each purchase at the Co-op, you build up equity and each
year a
percentage is paid back to members... in cash!
The more you buy the more you earn!
$10.00 buys you Vanderhoof & Districts Co-op
Membership. You immediately begin sharing
in the
company’s success. At the end of the
year, if our financial statement shows a profit, you share in that
profit
according to your purchases.
In 2006, the equity allocation rate 6.1% for all
locations which
include. -Bulk Petroleum -Gas Bar and Convenience Store -All Cardlock
locations
-Food Center -Home and Agro Center.
Vanderhoof & Districts Co-op Members Put Cash in
Their Pockets!
Each year, the Board of Directors decides how much
cash be paid to
Co-op Members. The actual General Cash
Repayment is calculated as a percentage of equity allocation. The percentage that applies depends on how
much equity you have accumulated
Equity
General
Before Allocation
Cash
Repayment
$10
to $1500
25%
of Allocation
$1501 to 2500
50%
of Allocation
Over $2501
75%
of Allocation
If you have over $2,500.00 in equity before the
allocation, your
cash repayment would be 75% of the equity allocated to you this year.
This year equals a cash repayment of 75% of 5.0
cents per liter or
3.75 cents per liter in CASH paid to members.
With over 5.2 million being paid out in Equity and Cash Back,
you can’t
afford to miss out on next year’s earnings!
REAL EVERYDAY
VALUE... Vanderhoof & Districts Co-op offers you a broad selection
of food,
hardware, agro, lumber and automotive products at competitive prices. For exceptional on a wide variety of popular
items, watch for the Value-Priced Every Day logo when you shop at Co-op.
Plus weekly savings... Every week, Vanderhoof &
Districts Co-op
grocery flyers advertise a selection of products at special promotional
prices,
so you can SAVE every time you shop.
Watch for the Home Center promotions for savings on hardware,
lumber and
housewares several times a year. The
Argo Center has “Rural Routes” sales for farmers and acreage owners in
your
area.
SERVICE... Whatever the weather, when you fill up at
Co-op Gas Bar,
the friendly staff will pump your fuel, clean your windows and ask to
check
your oil - while you stay comfortable in your vehicle.
It’s just part of Co-op’s commitment to
providing High-Performance Service all year around.
Times were
really tough for those men who joined the navy and served
their country in 1848. A law listed
various infractions and the punishment to be meted out to the guilty
parties.
Here are a few:
VIOLATION/STRIKE
OF THE WHIP
Stealing a
major’s wig/10
Making unnecessary noise/6
Not bathing
regularly/12
Caught
not wearing clothes/9
Wearing dirty
clothes/12
Gaelic Sayings to live by:
Latha math (laah
mah) means “Good Day”
Tha i breagha
an-diugh! (he ee breeyah a jeeoo) means “It’s a beautiful today!”
Moran taling
(moran tank) means “Thank You”
A fellow bought a new Mercedes and was out for a nice evening
drive. The top was down, the breeze was
blowing through what was left of his hair and he decided to open her up. As the needle jumped to 120 MPH he suddenly
saw flashing red and blue lights behind him.
There’s no way
they can catch a Mercedes, he thought to himself and he opened her up
further.
The needle hit 130, 140, 150, 160, before the reality of the situation
hit him.
“What the hell am I doing?” he thought and pulled over.
The cop came to
him, took his license without a word and examined it and the car.
“It’s been a
long day, this is the end of my shift and I don’t feel like more paper
work, so
if you can give me an excuse for your driving that I haven’t heard
before you
can go.”
The guy thinks
for a second and says, “Last week my wife ran off with a cop, I was
afraid you
were trying to give her back.”
“Have a nice
weekend;” said the officer.
Always remember that the future comes one day at a time.
Do not ask the Lord to guide your footsteps if
you’re not willing to
move your feet.
If you cross the road with a chicken, would you get
the answer we’ve
all been looking for?
Lord help me watch
the words I say
And
keep them few and sweet,
For
I don’t know from day to day
Which
ones I’ll have to eat. -Anon-
Mind what you say,
or you might say whatever comes to mind.
I’ll say my adieu,
and hopefully be back you way next month around the same time.
Doug
Smith, Member at Large