The following account comes from the history of the Dacoma, Oklahoma, farmers’ cooperative, which appears on the organization’s website:

The first concrete elevator was constructed in the year 1941 at a cost of $27,700 by Roberts Construction Company with a 100,000-bushel storage capacity. This was the north section of the west elevator. On March 12, 1945, it was voted by the Board to build a new office building. This was just west of the present building.

Business was now increasing and also the need for additional storage. A second concrete elevator was built in 1948 as an annex to the south of the first, west elevator. This was built at a cost of $52,000 by Roberts Construction Company, increasing storage another 100,000 bushels. In 1949, the authorized capital stock was raised to $100,000. The steel building housing the wheat cleaner and feed storage was built in 1950 for $8,000.

Continuing united efforts of management and membership saw another expansion necessary. In 1954, following a vote of the stockholders, the contract was signed with Tillotson Construction Company for a new 250,000-bushel concrete elevator. This new one to be located to the east of the office at a cost of $138,971. In 1956 the Authorized Capital stock was raised from $100,000 to $600,000.