Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-17
FARM BUREAU FEDERATION
APPROVES ADAMS PLAN
Georgia Organizations Dr.
rectofs Take important
Steps for Diversification
and Cooperation
BY RALPH SMITH

proved by the unanimous vote OF the
organizations board of directors at
a meeting Thursday afternoon at the
: Atlanta Chamber Of commerce. In
addition, Representatives Of the state
department Of agriculture and the
State College of Agriculture, present
at the meeting, Endorsed the objects
of the organization, and pledged to
its board of directors their loyal sup.
port in furthering it's success.
After the formal action of the di-
recs6rs, it was announced by l.. r.
Adams, initiator Of the market move
ment, that the charter and bylaws
Of the federation will be submitted
to a statewide meeting to be held
in Atlanta in January, following
which the superior court Of Fulton
county will be petitioned to grant
the charter.
AS perfected by the executive
committee of the federation and
drafted by Alex W. Smith, Jr., coun.
Sci for the Country Bankers asso.
citation, the charter follows:
1.-THE petition of L. r. Adams, J.
S. Kennedy, J. M. Ross, A. B. Simms,
M. w. Bell, Haynes McFadden,
Ralph Smith, all Of Fulton county,
said state; C. o. Carpenter, Of Bibb
county, said state; J. w. Vaughan,
of Barlow county, said state; E.. r.
Galloway, of Troup county, said
state; B. W. Hunt, of Putnam coun-
ty, said state; NJ. L. Lee, of Colquitt
county, said state; J. S. Peters, of
Meriwether county, said state, and
P. R. Kittles, of screven county, said
state, respectively shows:
''1-That they desire for them
selves, their associates and success
ors, to be incorporated and made
body polite under the name and
style of Georgia Farm Market Fed
years with the right of renewal as
provided by law.
'2-That the principal Office of
said corporation shall be in Fulton
county, Georgia, but petitioners de!
sire the right to establish branch
offices elsewhere either within or
without the state as may be -neces-
sary or proper upon the vote of
majority of the stockholders.
"3-The object Of said corporation
is pecuniary gain to itself and its
shareholders.
"4-The principal business to be
carried on by the corporation and to
that end the powers desired are as
follows, to:Wit:
'(a)-To engage in any activity in
connection with the diversifcation,
marketing, selling, harvesting and
preserving, drying, processing, can
ming, packing, storing, handling, gin
ming or utilization of any agricul-
tural products; the manufacturing or
marketing of the by-products there
of; or in connection with the pur-
chase. hiring, or use of supplies, ma
chinery, or equipment; or in the
financing of any such activities; or
In any one or more of the activities
specified in this paragraph.
"(b) To promote, organize, form,
Operate. own, control, have an in
terest in, own stock of or b. a mem.
Der Of any other corporation or cor
porations with or without capital
stock, and engage in preserving, dry.
ing, processing, canning, packing,
storing, handling, shipping, ginning,
utilizing, manufacturing, marketing
or selling Of agricultural products,
or the by-products thereof.
"(c) To borrow money on, to make
advances in connection with the fore.
going activities.
cd To act as the agent or repre-.
sentative Of any person, corporation
or association in any of the above
menIlOneO aCIlVlIleS.
''(e) To purchase or otherwise ac-
quire, and to hold, own, and exercise
all rights of ownership in, and to sell,
transfer or pledge shares of the CAPT
tai stock or bonds Of any corporation
or association engaged in any re.
lated activity or in the handling or
marketing of any Of the products
handled by this federation.
''CD To establish reserves and to in.
v the funds thereof in .onCs or
such other property as may be pro
vided in suitable bylaws or other
regulations.
"(g) To buy, hold and exercise Ill
privileges Of ownership over such
real or personal property as may be
necessary or convenient for the con-
Quoting and operation of any Of the
business Of this federation or incl
dental thereto.
"(h) To establish. secure, own and
develop patents, trade marks and
copyrights.
.'O TIC do each and everything nee.
essary, suitable or proper for the &C
complishment of any one Of the pur-
poses or the attainment Of any one
or more OF the objects herein enum-
Grated; or conducive to or expedient
to the interest or benefit Of III fed
Grafton; and to contract accordingly;
and in addition to exercise and pos
sess all powers, rights, privileges
ecessary or incidental to the pur
poses for which the federation is or.
ganized or to the activities in which
it is engaged; and IN addition. any
ether rights, powers and privileges
granted by the laws OF this state to
similar corporations; and to do any
such thing anywhere.
"5--The capital stock of said cor
poration shall be twenty-five thou
sand (s25,O00) dollars in common
stock, with the privilege Of increas,
ing same to any sum not exceeding