Pearson v. Clam Falls Cooperative Dairy Ass'n

The Clam Falls Co-operative Dairy Association (hereinafter referred to as the “Clam Falls Association”) and the Frederic Co-operative Creamery Association (hereinafter referred to as the “Frederic Association”) were both organized in 1916 and did business in Polk county from that time until 1938. On October 29, 1938, the creamery building and most of the equipment of the Clam Falls Association were destroyed by fire. Shortly thereafter negotiations were begun between the two associations which ultimately resulted in the forming of a new co-operative to take over the business and property of…