The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1909-05-05
THE union PLAN
HOW THE FARMERS EXPECT TO
CONTROL PRICES.
Warehouses Must Be Had, and the
Local Unions Must Get Together
for Protection.

Local lulolS -Hu9I N0e ioSSliiSA
for Protection.
The presidents Of the county
unions of the Farmers Union Of
South Carolina met Friday night in
mass meeting in the hall of the house
of representative at Columbia, and
deliberated until nearly midnight.
The session was executive, none be-
ing permitted to enter without the
password.
President B. Harris, Of the State
Union, called the melting to order
and read the call, as heretofore pub
lished. President C. S. Barrett, OF
the National Farmers Union, was
then introduced, and he spoke for
more than two hours, outlining the
plan for the formation of corpora
ton designed to amaigamate the va
rious warehouse associations in the
State Of South Carolina into one as
sociation. similar to the ones in Geor-
gia and Mississippi. aad perhaps 9TH
er States. the ultimate purpose be-
ing -he absorption Of all the small
er coroprations into one gigantic
corporation which shall control the
cotton industry.
The purpose in detail with rela-
ton to this plan may best and most
accurately be stated in the language
of the proposed bylaws, as follows:
when said corporation shall ac-
ouire by purchase, or exchange OF
it's stock. the warehouse and other
assets of existing or future ware
house companies, thus merging ana
consolidating such other warehouse
companies into the Union Consolidat-
ed Warehouse Company, then the OLD
stockholders who shall thus Decons
stockholders in this corporation shali
have the privilege Of appointing three
of such old stockholders, who shall
act as local governing committee;
and such committee shall have the
power of recommending suitable
person, stockholder, as warehouse
man for such newly acquired ware
house and the board Of directors
of this corporation shall, in the ao'
sence of specific disqualifying causes
appoint such warehouseman so nom
mated by the said local governing
committee, to manage such ware
house; and in all other substantial
matters concerning the local affair
of such warehouses, the board OF dl
rectors shall pay especial heed II
such advices and recommendations o.
such local governing committee, whc
shall continue stockholders In thl:
corporation, to the end that as fal
as may be practicable the forme!
stockholders Of the locality wher'
such merged warehouse or ware
houses may be situated, may have
controlling voice, by way OF rec
ommendation, ETC., in the local affair
and management of such local ware
houses. Nevertheless, this corpora
ton shall! at all times, have and re
tain the supervision and control D
all warehouses that it may thus &C
quire by merger, purchase or other
wise, and all warehousemen Of suel
former individual warehouse com
panies shall at all times be subjec
to the direction and control of thi
corporation, and subject to dismissal
and new ones appointed in his, o
their, stead, at the sound discretion
Of the officers and directors there
Of
This corporation proposes to main
tain a selling agency whose dutie
and functions are described also i
the bylaws as follows:
The president, secretary-treasure
and chairman of said board of direc
tors, shall likewise constitute sell
ing agency, or committee for th
purpose Of selling the cotton Of tn
stockholders who may desire said cor
poration to do 50, direct to the spin
ners, or other acceptable buyers, eth
er in the United States or abroad
and thereby eliminate the middle
man as far as practicable, in the ef
fort to bring fairer prices, and a
less expense to the owners of cot
ton.
Such selling agency must prepar,
and submit to the board Of direc
tors, or their approval, systematic
plan Of operations amply protecting
the owners Of cotton, and clearly de
fning the powers. duties and com
missions of this corporation as sell
ing agent, or trustee, ETC., etc.
Such selling agency shall require
daily reports from the different ware
| housemen during the cotton selling
season, of all cotton deposited witt
said warehouse for sale, showing
marks, weights, grades, names OF
owners, ETC., Of such cotton, and shall
keep a separate set of books, records
and accounts of the business Of such
selling agency.
"Such selling agency shall ae-
count and make just settlement
with all owners of such cotton i'm
mediately upon the consummation
of sale"
WILSON NAY KEEP PLACE