king fund to
Fillmore Flagg, the trustee, who would then deed the farm to the
corporation. Thereafter the company was to maintain a sinking fund amply
sufficient to provide such additional farms as the children of its
members might need.
In accordance with his instructions from Fennimore Fenwick, the money
received in this way by Fillmore Flagg, was to be held by him as a
trust for the purchase of other farms. It was further provided that the
Solaris Farm company retained the sole right to purchase all stock which
might be offered for sale.
The general service fund was to be used in defraying the expense of
stocking, equipping and improving the farm.
It was also determined that settlements made with members, who from any
cause might wish to leave the company, should be made on a basis of two
dollars and fifty cents per day for the time they had been co-operators,
with the return of whatever capital they might have invested plus
interest at three per cent per annum; all stock subscribed for to return
to the company's treasury.
The general plan further provided for the erection of separate cottages,
with small gardens adjoining, for the use and occupancy of such families
as might desire them. The apartment house, now completed, had many of
its suites of rooms arranged for independent housekeeping, but so far,
the members of the company preferred to take their meals at the company
restaurant, paying for them the ordinary prices. They also preferred to
patronize the laundry, general clothing, tailoring and dress-making
departments which were connected with the company store. To prevent any
conflict with the commercial interests of the outside world, the
restaurant and the company store sold food and goods at the ruling
market prices for first-class articles, realizing that it was plainly
the policy of the company to keep only the best of everything for
sale--the generous profits from all sales to go as a general
contribution from the entire membership to the insurance fund for the
helpless and the aged. As liberal wages afforded ample means, large
purchases were encouraged, and all tendency toward a miserly hoarding
was discouraged. It was marked that all the members were quick to
appreciate the fact that the more liberal their purchases, the more
generously they swelled the fund that was set apart to provide for the
needs and happiness of declining years. With each passing month it was
observed that this particula
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