No Profanity *** No Flaming *** No Advertising *** No Anti Trappers ***NO POLITICS
No Non-Target Catches *** No Links to Anti-trapping Sites *** No Avoiding Profanity Filter


Home~Trap Talk~ADC Forum~Trap Shed~Wilderness Trapping~International Trappers~Fur Handling

Auction Forum~Trapper Tips~Links~Gallery~Basic Sets~Convention Calendar~Chat~ Trap Collecting Forum ~ Live Chat

Trapper's Humor~Strictly Trapping~Fur Buyers Directory~Mugshots~Fur Sale Directory~Wildcrafting~The Pen and Quill

Trapper's Tales~Words From The Past~Legends~Archives~Kids Forum~Lure Formulators Forum~ Fermenter's Forum


~~~ Dobbins' Products Catalog ~~~


Minnesota Trapline Products
Please support our sponsor for the Trappers Talk Page - Minnesota Trapline Products


Print Thread
Hop To
Revenue sharing certificates (FHA) #8592839
Yesterday at 11:30 AM
Yesterday at 11:30 AM
Joined: Dec 2006
Oregon
beaverpeeler Offline OP
trapper
beaverpeeler  Offline OP
trapper

Joined: Dec 2006
Oregon
Anybody still have 'em? I can't remember when the last time an interest payment was made but I do remember it was a significant amount.


My fear of moving stairs is escalating!
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592856
Yesterday at 12:02 PM
Yesterday at 12:02 PM
Joined: Aug 2011
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
B

Joined: Aug 2011
james bay frontierOnt.
Im pretty sure they paid them all out not long after the previous fur boom.I know I cashed mine in and the intrest paid was around 50 percent-got a nice payout.
For them to start issuing RPCs again the board would have to approve it.
I know the boards priority is to insure the viability of the auction house and mtc on the facility and marketing.
There is an American on the board representing american members.
He could likely answer any questions you have BP


Forget that fear of gravity-get a little savagery in your life.
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592879
Yesterday at 12:51 PM
Yesterday at 12:51 PM
Joined: Dec 2006
Oregon
beaverpeeler Offline OP
trapper
beaverpeeler  Offline OP
trapper

Joined: Dec 2006
Oregon
So you no longer have any? I remember the big interest payment (like you said around 50%) but it was sent to me. I didn't do anything or turn in any certificates.

As far as issuing new ones I doubt that will ever happen. At the time I think the RPC's were a competitive posture with NAFA's "North American Fur Council" membership which discounted shipping and reduced selling commissions by 2%

If you're the only show in town no need anymore.


My fear of moving stairs is escalating!
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592887
Yesterday at 01:03 PM
Yesterday at 01:03 PM
Joined: Aug 2011
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
B

Joined: Aug 2011
james bay frontierOnt.
You got that backwards BP.
FHA had RPCs since they started or soon after,When the trappers and trappers councils and the UOI ponied up when the OTA went down in early 90s and started FHA as the sucessor to the Ontario Trappers assn auction house.
Nafa much later formed the WFSC to compete with FHA.I was a founding member of WFSC,since I shipped fur occasionally to NAFA.


Forget that fear of gravity-get a little savagery in your life.
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592900
Yesterday at 01:22 PM
Yesterday at 01:22 PM
Joined: Dec 2006
Oregon
beaverpeeler Offline OP
trapper
beaverpeeler  Offline OP
trapper

Joined: Dec 2006
Oregon
I stand corrected on the detail then.

I'm still fuzzy on whether you no longer hold certificates though. You stated you cashed them in which leads me to believe you no longer hold any? Not that its anybody's business...just that I thought all the certificate holders got an interest payment without turning them in. There is a process for turning in the certificates for their face value but I've never done it.

Last edited by beaverpeeler; Yesterday at 01:24 PM.

My fear of moving stairs is escalating!
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592930
Yesterday at 02:53 PM
Yesterday at 02:53 PM
Joined: Aug 2011
james bay frontierOnt.
B
Boco Offline
trapper
Boco  Offline
trapper
B

Joined: Aug 2011
james bay frontierOnt.
If I remember correctly BP (Im getting old) they basically said they were paying out all RPCs with intrest.I dont think there was any requirement to cash rhem in at that time.
I know some trappers would cash in their certificates every year and there was a process for that.Most trappers left their certificates with the company and those were the ones that got the big intrest payments when they were all paid out.
I think I still have a couple of the paper certificates somewhere but I think those are pretty much like confederate dollars now.
I could be wrong,you may want to check with someone at FHA.
Dirt is correct,I had 2 marten left over from a previous NAFA sale but eventually got paid for them,I believe 20 bucks each or so.Quite a bit less than they would have brought if they had sold them before they went belly up.
Nafa paid out some big WFSC dividend cheques just before they went belly up.
It seems the WFSC directors were just yes men for the ranchers and didnt look out for the intrests of the trappers unlike FHA.

Last edited by Boco; Yesterday at 02:56 PM.

Forget that fear of gravity-get a little savagery in your life.
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592942
Yesterday at 03:07 PM
Yesterday at 03:07 PM
Joined: Apr 2009
alaska
T
trapped4ever Offline
trapper
trapped4ever  Offline
trapper
T

Joined: Apr 2009
alaska
Going from memory, I think after that big price year in 2013, I got a WFSC rebate kickback of around $6,000 that was included with my next check the following sale. NAFA was good while they lasted, just a rotten deal to go out the way they did, leaving trappers and fur buyers with bad checks, and putting the entire North American fur industry into a tailspin. FHA is now finally getting some good prices and finding acceptable markets for our fur again. I'm glad they are still in the game, and I will continue to utilize their services, as long as they are able to maintain good prices. Historically, FHA has NOT always been the best marketing option for my fur. Currently though, they are doing an exceptional job of bringing in buyers willing to pay the big $$ on some of the species I trap.

Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592960
Yesterday at 03:51 PM
Yesterday at 03:51 PM
Joined: Dec 2006
Oregon
beaverpeeler Offline OP
trapper
beaverpeeler  Offline OP
trapper

Joined: Dec 2006
Oregon
I'm going to have to fact check you Boco, but I'll wait for a time when they aren't as busy up in North Bay. I think FHA payed off some of the older certificates, but that was different than paying interest on all of them. If they paid it off then of course the paper you hold is confederate dollars. I got a big interest payment but not the principal on the certificates that I hold.

I've been thinking that at some point since it's been a long time, perhaps another interest payment might be considered. Or, for that matter paying off certificate holders with both principal and interest.

It was always my understanding that there was no expiration date on the certificates, and those of us that hold them had invested in the company in a manner.


My fear of moving stairs is escalating!
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8592971
Yesterday at 04:22 PM
Yesterday at 04:22 PM
Joined: Mar 2026
michigan
D
Dahlgren Trapper Offline
trapper
Dahlgren Trapper  Offline
trapper
D

Joined: Mar 2026
michigan
I have some certificate's some where , but never got a check that I can remember

Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8593008
Yesterday at 06:11 PM
Yesterday at 06:11 PM
Joined: Mar 2008
Ohio, Old fart to some.
ack Offline
trapper
ack  Offline
trapper

Joined: Mar 2008
Ohio, Old fart to some.
I have several certificates and never seen a check.


_________

I used to have superpowers… but a therapist took them away.

The voices in my head may not be real, but they have some good ideas!
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8593016
Yesterday at 06:34 PM
Yesterday at 06:34 PM
Joined: Mar 2011
MI
T
trappersully Offline
trapper
trappersully  Offline
trapper
T

Joined: Mar 2011
MI
I also have several RPC,got the interest payment several, years ago. My friend cashed his RPC in two years ago { he's 88 }.

Re: Revenue sharing certificates (FHA) [Re: ack] #8593073
Yesterday at 08:43 PM
Yesterday at 08:43 PM
Joined: Apr 2007
ohio
Ohio Wolverine Offline
trapper
Ohio Wolverine  Offline
trapper

Joined: Apr 2007
ohio
Originally Posted by ack
I have several certificates and never seen a check.

Same here, and it's getting so I can't contact them anymore.
I know something was wrong with their computers awhile ago.
That was the last time I tried to contact them.


We have met the enemy and the enemy is us!
Re: Revenue sharing certificates (FHA) [Re: beaverpeeler] #8593098
Yesterday at 09:19 PM
Yesterday at 09:19 PM
Joined: Dec 2006
Oregon
beaverpeeler Offline OP
trapper
beaverpeeler  Offline OP
trapper

Joined: Dec 2006
Oregon
What might be at work is the age of the certificate. If I remember right FHA at one point paid off a few years of the earliest ones and paid interest on others but if the certificate was brand new then maybe it hadn't had time to warrant an interest payment yet. FHA only issued them when they had a really good year.


My fear of moving stairs is escalating!
Previous Thread
Index
Next Thread