The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1921-12-28
los WAREHOUSES; TAKEN
OVER BY BURLEY POOL

As in the other warehouse dis
tricts of Kentucky, Ohio and Indi-
:: ana, the Central Kentucky district
Friday signed up almost every
. I warehouse in the territory, and in
Lexington every warehouse but one
which could legally be turned over
! to the Burnley Tobacco Growers CO.
operative Association was turned
over for the immediate possession
and use of the association.
The association now is in possess
sion of los receiving plants in the
hurley district.
In the case of the sole Lexington
warehouseman prevented from sign
ing by certain legal complications
involving one of his warehouses he
signed up the other and, with other
loyal warehousemen, viii do his best
for the success of the association.
Altogether 80 houses were taken
over at Lexington Friday.
OF the few warehouses remaining
out, it is expected that certain de-
tails now interfering with their com
ing in will be ironed out before the
end of the week and that every de-
!, sirable warehouse in the district will
be turned over to possession of the
association.
| Directors of the association, in
session at the offices at $40 South
Broadway, Lexington, Friday in
structed Warehouse Manager Ralph
M. Barker to proceed with the ar
rangement for taking over the ware
houses of the hurley district, APP
proved what had already been done
in the respect by Manager Barker,
and authorized him to complete the
transfer of the various properties to
the association, as provided by the
terms of the contracts with the
warehousemen.
President James G. Stone an
nounced that tobacco would be re-
ceived on the warehouse floors, in
| baskets, as heretofore, and the
growers would be paid the advance
upon their crops on delivery and
grading of their tobacco, the checks
for the advance being payable at
their local banks.
The directors also adopted a res
olution forbidding any officer or en-
ploye-from dealing in any way in the
certificates of delivery given the
growers when their crops are deliv-
cred to the warehouses and provid-
ing for the dismissal from the SER
vice of the association of any en-
ploye violating the terms of the res
olution.
The directors were in session
practically all afternoon, following
the meeting of warehousemen of the
central district, which began at 8
o'clock in the morning and continued
until / o'clock.
The warehouses are taken over
under lease until the corporation
provided for in each district can be
organized, full title to pass June Is,
1922, in the case of the warehouse
men who desire to sell, the plants not
for sale to be leased at a rental of
8 per cent net to the owners.
Aaron Sapiro, California lawyer,
in charge of the legal preliminaries
incident to the transfer, assured the
loyal warehousemen that they would
be protected from the sharp prac-
tees Of outside warehouse owners
who might attempt to induce grow
I.rs in the pool to sell their crops |
over the floors of these outside ware
housemen and quoted a recent de-
cision of the supreme court Of the
United States that in such cases the
association might obtain an injunc-
ton and sue the offenders for dam
ages.
President James G. Stone called
the meeting Of the warehousemen to
order. He said the contract was
clear, but that if any warehouseman
did not fully understand its provis-
ions, he might ask questions which
would be answered until il was clear
to him. Mr. Stone said he did not
think any Of the warehousemen de-
sired TO take any advantage Of the
association and he was certain the
association wanted no advantage
over the warehousemen, but that
both parties desired to do the fair
thing He then introduced Ware