The improvement of housing conditions for the entire population, the construction of collective housing that meets modern hygiene and domestic economy requirements on land acquired from the municipality of La Chaux-de-Fonds, the purchase of built properties that are of interest to the company, the rental of housing to individual members of the company, to the staff of corporate members of the company and to the entire population, at advantageous conditions. However, preference will be given to associated corporate bodies of this cooperative society. In execution of this purpose, the company intends to acquire from the municipality of La Chaux-de-Fonds a plot of 26,304 m2 forming article 8510 of the La Chaux-de-Fonds cadastral register, at a price of 2 CHF per m2.