When Fruit Growers Supply Company embarked on the establishment of its Lassen Operation it was a costly affair. It required a four million dollar investment. They did this with a bond measure. When the growers established the operation in 1919, they agreed assessed themselves two-cents per box. In addition, for every 1,000 board feet lumber sold, four dollars was budgeted to pay off the bonds, generating $300,000 annually.. In 1934, Fruit Growers paid off their debt, two years ahead of schedule.

On the other hand Red River created its own financial crisis delaying their bond payments, with the kick can down the road approach. In the early 1930s, there was a day of reckoning with banks and bondholders that forever changed the company.

Tim