Sinai Coop Elevator Co., Annual Meeting

         There has been much consolidation in the grain handling business in rural America. Most grain elevators have merged into larger consortiums. The Sinai Elevator is one of the few remaining independents. When the railroad stopped servicing Sinai, a Great Northern spur line ran from Sioux Falls to Watertown, prospects for the elevator looked dim. Yet, decades after the last train rumbled through town the elevator continues.

      Last night the Elevator held its annual meeting with 20-30 persons in attendance.  The financial report showed that there was a profit of $242,341. on sales of $7,540.377. and $41,443. paid as dividends to patrons. Payroll expenses were $338.193. It's obviously an asset to the community.

     What accounts for the elevator's continued success? Two factors stand out. It has good management. The second factor is the loyalty of the local farmers who choose to do business with it. Good management has led to continuous upgrades in the facility and enhanced services to the customers. 

     The annual meeting is always an enjoyable event. The reports are always positive putting everyone in a good mood. Door prizes are offered as an incentive to attendance. It was Negstad night with the door prizes.  Brother, David, won a giant Channellock plier and I, a $25.00 gift certificate to the elevator. The elevator is the only source of fuel in town so it's where I buy my gas. Oh, ya...the meeting ends with cake and ice cream. 😋

Takk for alt,

Al

                    This 1939, John Deere, B, was my first tractor.