March 7, 2017
By Guy Gregory
MCDC Communications Specialist
Two new cooperatives in North Central Montana have made great strides this winter in launching their respective retail businesses.
The Neihart Store Steering Committee is still seeking to operate the Neihart Inconvenience Store as a consumer cooperative that would serve both residents and recreational visitors to this mountain community. Licensed commissioners have officially opened books of subscription for the new Neihart Store Cooperative at $150 per share of common stock and $250 per share for preferred stock. Announcements regarding the availability of subscriber agreement forms are being distributed to every post office box holder in Neihart and Monarch, plus they’ve been distributed in Neihart water bills. Commissioners also plan to staff an information table during monthly senior citizen breakfasts through June at the Monarch-Neihart Community Center. The goal is to enroll as many subscribers as possible through the initial subscriber period and hold an initial member meeting this summer.
The Fresh Start Cooperative board of directors has met several times in Geraldine since filing their official incorporation papers in December. The board has opened their checking account to accept stock payments for financing a new grocery co-op in the small north central Montana town. The board has set their regular meeting dates for the third Thursday of each month, plus they will be holding a feedback session on March 9th to gather input from paid member-owners on which of four store locations they should pursue in Geraldine.
Historic Roundup Central School now under Private Ownership
Feature Photo by Theresa Doumitt By Guy Gregory MCDC Communications Specialist The Musselshell Rural Investment Cooperative has been an integral partner, along with other [...]