OK so my great-grandmother got "teased" for getting "cranberry money" for years after my great-grandfather's death.
https://www.honey-plants.com/library/wisconsinhorticulture/5/
So the above was from 1919 and he bought the stocks in 1920.
Mismanagement In NCA Charged By Wisconsin Director Emil Arbet Makes
Accusations and Urges "Shake Up" of Management An informal meeting of
Wisconsin members of NCA at Elk's Hall, Wisconsin Rapids, June 6th
heard charges of "gross mismanagement" of affairs of the National from
Emil Arbet, president of Cranberry Lake Development Company and a
director of the cooperation. Mr. Arbet urged a "shake-up" of management.
He declared, according to a re- port in Wisconsin Rapids Daily Tribune,
that returns of growers have been "dissipated through in- competence, inefficiency and unwarranted expenditures by the NCA staff." He was quoted as saying "They
will not change unless we force them out of office. He disclosed he
had made a demand on the board of directors a few days previously for
instituting legal action aimed at restitution of funds which he alleged
were im- properly used. He accused that NCA Canadian processing plant
was sold in 1955 "without the required three quarters vote of approval
by stock- holders." He also charged that acquisition cf the New England
Cranberry Sales Company assets was "another costly venture," and it was
done without proper approval. He had hoped resignation of James E.
Glover as president would result in improvement of general management,
but that since then "nothing has been accomplished but a continuation
of job holding," he was further quoted as saying. He declared Mr.
Glover's administration had been a failure and some of his expense
accounts were exorbitant. He reportedly accused of stock manipulations
which were costly to grower-members. Recalling that NCA last January
had estimated the 1956 crop would bring growers $13 a barrel, he said he
had sent his own auditors to NCA headquarters to conduct an audit
which showed this......
Ah ha! So he bought the stock in Minneapolis?
1943 book on Cranberries - pdf
Wow - I had no idea...
Yeah it's not that far from where Exxon wanted to put a Sulfide Mine!!
Our records show it was established in 1981 and incorporated in Wisconsin. Current estimates show this company has an annual revenue of $320,558 and employs a staff of approximately 6.
Right so the original company "merged" in 1981 - after being founded in 1911.
So it's still going today under a different "ownership"
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