Weise v. Land O' Lakes Creameries, Inc.

LeGRAND, Justice.

This is a dispute arising upon the petition of three dissatisfied members of Central Cooperative Turkey Producers, who challenge the proceedings by which the cooperative disposed of all its assets to Land O’ Lakes Creameries, Inc., a Minnesota cooperative association. We affirm the trial court except as the decree is modified in Division II hereof.

Central Cooperative Turkey Producers (hereinafter called Central) was a coopera-' tive composed of 97 farmers. It was formed to process and sell turkeys raised by its members. In 1967, some of Central’s members became alarmed about…