The nail in the coffin

 Allowing cooperative managers to profit from faulty policy destroys coop purpose. If a cooperative is formed to save members money and managers serve their selves by confiscating property they promised to return, economy is violated and managers neglect (spurn) their fiduciary responsibility.

Capital Credit Retirement Policy For Deceased Persons: “…Management is authorized to pay deceased patron capital at face value of all original allocated amounts if the sum of all allocated amounts does not exceed $500. If the sum of all allocated amounts exceeds $500, said allocated amounts will be discounted but will in no case be discounted to less than $500.” (See printed policy on page eleven of the 2018 Highlights.)