SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 6, 2000
ALLIANCE FARMS COOPERATIVE ASSOCIATION
(Exact name of registrant as specified in its charter)
COLORADO 0000927536 84-1270685
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
503 East 8th Avenue, Yuma, CO 80759 (Address of principal executive offices)
(Zip Code) Registrant's telephone number, including area code: 970-848-3231
None
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On March 6, 2000, the Board of Directors of Alliance Farms Cooperative
Association (the "Company") accepted the resignation of Wayne N. Snyder as the
Company's President, Chairman of the Board and Director. Mr. Snyder had served
in those capacities since the Company's formation in May 1994.
At its March 6, 2000 meeting the Company's Board of Directors selected
Gerald Leeper to fill the vacant positions resulting from Mr. Snyder's
resignation, including the positions of Director, Chairman of the Board and
President. Mr. Leeper is employed as Vice President, Livestock for Farmland
Industries, Inc., the Company's largest shareholder. Previously he served as
Vice President, Strategic Planning for Farmland for approximately five years.
Prior to that time he served as a consultant for the Sparks Companies.
Presently, no compensation is expected to be awarded or paid to Mr. Leeper
by the Company for his services to the Company in any capacity. Mr. Leeper is
employed by Farmland Industries, which has agreed to provide certain
administrative, advisory and consulting services to the Company under the terms
of an existing agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: March 14, 2000
ALLIANCE FARMS COOPERATIVE ASSOCIATION
By: s/s BEN COULT
Ben Coult,
Assistant Treasurer and Assistant Secretary
