Word: coops
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Dates: during 1960-1969
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...Harvard Cooperative Society will give its members a chance to vote on by-law revisions designed to democratize the Coop's election procedures. The Coop's directors will mail the proposed changes to all current members for approval next month...
...majority of at least one quarter-about 15,000-of the Coop's members support the changes, a new election system will go into effect in mid-November. Coop president Milton P. Brown '40, Lincoln Filene Professor of Retailing, said yesterday...
Brown said the changes had been suggested after last year's annual October membership meeting when, for the first time, members made a serious attempt to defeat a slate of directors nominated by the Coop's stockholders. The bid to elect an alternate slate failed to draw the necessary quorum of five per cent of the 60,000 student and faculty members at Harvard, M. I. T. and the Episcopal Theological School to the meeting at Rindge Tech...
...After the meeting Brown appointed a committee to study election procedures. We were disturbed not only that as small a group as 1.25 per cent of the Coop's 60,000 members could conceivably assume control of the company, but also that under the present 'winner-take-all' system over a thousand members had gotten no representation." Brown said...
However, the management of the Coop' seems to have listened to the ideas raised by its members last fall and to have taken them to heart. Change comes slowly and carefully in a successful 87-year-old business, yet it appears that last October the gadflies may have actually succeeded-without winning-in precipitating a healthy identity crisis for the Coop...