Proposed Amalgamation with Strathclair Co-op

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October 9, 2018
Proposed Amalgamation with Strathclair Co-op

The Heritage Co-op Board of Directors is proposing an amalgamation with Strathclair Co-op, effective December 29, 2018. All Heritage Co-op members are encouraged to attend a special membership meeting to vote to make the official, final decision on this proposal. 

 

SPECIAL HERITAGE CO-OP MEMBER MEETING

Information and VOTE on proposed amalgamation with Strathclair Co-op

Date: Tuesday, October 30, 2018

Time: Registration at 6:30 | Meeting at 7:00 pm

Location: Minnedosa Community Conference Centre

 

BE IT RESOLVED THAT: 

•     The Amalgamation Agreement, effective the 29th day of December 2018 between Heritage 
       Co-op 1997 Ltd., and Strathclair Consumers Cooperative Limited and providing for  the 
       terms and conditions of their amalgamation and their continuance as one cooperative under 
       The Cooperatives Act of the Province of Manitoba, be and is hereby approved, confirmed 
       and adopted.

•     The directors and officers of Heritage Co-op 1997 Ltd. be and are hereby authorized and 
       directed to do such acts and things and execute such documents as may be necessary and 
       desirable to implement the said amalgamation.

Copies of the Amalgamation Agreement adopted by the board of directors on August 29, 2018 are available from the Heritage Co-op 1997 Ltd. Administration Office for review.  A member has a right to dissent to the amalgamation. This can only be done by sending a written objection to the resolution proposing amalgamation, to the co-operative on or before the meeting referred to above.

The board of directors for both co-ops have approved that the articles, bylaws and the policy and procedures of the newly-formed co-op will be existing governing documents currently being used by Heritage Co-op 1997 Ltd.  Copies of the articles and bylaws are available for review from the Heritage Co-op 1997 Ltd. Administration Office.