Dr. J. Michael Moore, Professor and Extension Agronomist – Tobacco, passed some information along below that should be of interest to tobacco farmers, both past and present.
RE: Flue-Cured Tobacco Cooperative Stabilization Corporation (“Stabilization”) issued Certificates of Interest in Capital Reserve
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NOTICE TO TOBACCO FARMERS WHO DELIVERED TOBACCO TO FLUE CURED TOBACCO COOPERATIVE STABILIZATION CORPORATION IN 1967 OR 1968
In February, 1976, Flue Cured Tobacco Cooperative Stabilization Corporation (“Stabilization”) issued Certificates of Interest in Capital Reserve to its members who delivered 1967 or 1968 crop tobacco to Stabilization (“Certificate”).
We are pleased to offer to redeem the Certificate of any member who voluntarily accepts this offer. This is not a mandatory redemption, it is an offer, which may be accepted only at your election. You are under no obligation to accept it, and if you elect not to accept it, you will retain all rights in and to the Certificate, and your Certificate will be subject to redemption in the same manner as if there had been no offer.
Any Certificate holder (including heirs, beneficiaries and/or estate administrators of deceased Certificate holders) who would like to accept this redemption offer should call 1-877-277-7422 or go to the website www.tobaccocheck.com for more information and to obtain a redemption application form. You may also request a redemption application form by mail, by sending a self-addressed stamped envelope to:
Certificate Redemption P.O. Box 12300 Raleigh, N.C. 27605
THE DEADLINE FOR SUBMITTING A PROPERLY DOCUMENTED REDEMPTION APPLICATION IS June 30, 2012. Applications postmarked after June 30, 2012, or faxed or emailed after June 30, 2012 or not properly completed or sufficiently documented by June 30, 2012 will not be processed. Tommy Bunn President/Secretary U.S. Tobacco Cooperative |
