|Hancock-Wood celebrates 75 years|
|Written by Sentinel-Tribune Staff|
|Thursday, 18 April 2013 09:19|
NORTH BALTIMORE - The Board of Trustees of the Hancock-Wood Electric Cooperative Inc., a nonprofit, member-owned electric utility, announced it will celebrate its diamond jubilee at an annual open house on Friday from 2 to 4 p.m. at the HWEC offices at 1399 Business Park Drive South.
The community is invited to visit and help celebrate 75 years of service to the cooperative's member-owners and to local communities. Nostalgic exhibits will be on display throughout the facility depicting the history of Hancock Wood and the wide array of equipment that played an integral role in the story of lighting the way.
HWEC President and CEO George Walton said, "From its first office, established at 127 South Main Street, on April, 19, 1938, to its current facilities, Hancock-Wood has taken pride in supplying quality power services; investing in its members' futures; creating economic development opportunities, and introducing innovative technological advancements."
According to Walton, area farmers, rangers and concerned rural residents, who were unable to obtain electricity any other way, banded together in 1938 to form a cooperative entity to provide reliable, affordable power to its members in North Baltimore and other local communities. The vision of those first members was to electrify the American Dream, while adhering to seven Cooperative Principles: voluntary and open membership; democratic member control; member economic participation; autonomy and independence, education, training and information; cooperation among and with other cooperatives, and concern for the community.
The cooperative advantage of a non-profit organization with the power of bulk-buying, is not a quest for profit but one for revenue-neutral funding that benefits members; draws upon their ideas, and allows for independent, local decisions made in and about this community, Walton said.
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