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Description: | The object of co-operatives is for people to form voluntary associations in order to work together to further their own economic and social interests. The examples best known today are probably the Co-op chain of supermarkets and Co-op funeral directors. Historically one of the ways in which co-ops rewarded their members was with the dividend or ?divi.? This is a dividend warrant produced by the London Co-operative Society (LCS). The warrant shown here shows how much one member of the LCS is owed in dividends as of March 1921. Dividends were normally calculated semi-annually, and were based on how much people spent through the Co-op. The member?s financial relationship with the Co-op was recorded in his or her sharebook. | License: | http://creativecommons.org/licenses/by-nc-sa/2.5/ | Publisher: | Bishopsgate Institute | Rights holder: | Bishopsgate Institute | Subjects: | Home and Family | Temporal: | 1921 | Source: | Bishopsgate Institute | Identifier: | http://www.20thcenturylondon.org.uk/rser... | Go to resource |
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