Word: coops
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Dates: during 1960-1969
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...Coop only allocates refunds from sales made to members. Under federal laws such revenue is not taxable. Revenue from sales to non-members is taxable, and the Coop believes that even after taxes, such revenue can not be used for member refunds...
Even if the Coop attains the new sales level, it will have almost no money left to plough back into its capital improvement fund. Last year the Coop put $152,598 into this fund. Most of this money is now being used to finance the Palmer St. expansion, Morrill said...
...Harvard Cooperative Society yesterday pledged to retain its present rates patronage refunds this year. The Coop's eneral manager cautioned, however, that sts of the new Palmer St. textbook may force slight reductions in either...
...four-story Palmer St. annex, to be finished by next winter, required a $1.7 million mortgage. City taxes on the annex and payments on the loan are the Coop's major cost pressures...
Morrill had feared that the Coop might have to lower the rebate this year, but yesterday he confidently reported to the Society's Officers and Directors that increased sales revenues have made this unnecessary. The stockholders and directors then proceeded to guarantee Coop members the current rates on all sales made until this June...