Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-17
INCARCERATION
CHARTER IS GIVEN
FORMAL APPROVAL
Continued From Page ~

of the stockholders then of record.
said stock to be divided into shares
of twenty-five $25.0W dollars each
and any increase may be therein
either in common or preferred stock
as may be directed by 1.-THE vote of
the stockholders authorizing such
increase. Ten QO) per cent of the
amount of capital to be employed
and commencement Of business I'M
der this charter.
"6-The petitioners desire for said
corporation the power and authority
to apply for and accept amendments
to it's charter of either form or sub
stance by a vote of majority of the
stock outstanding at the time. They
also ask authority for saidf corpora
ton to wind up its affairs, piquidate.
discontinue its business and surren-
der its charter and franchise at any
time it may determine to do so by a
vote of majority of it's stock out
standing at the time.
Wherefore, petitioners pray to be
incorporated under the name and
style aforesaid, with the powers,
privileges and immunities herein set
forth and such as are now or may
hereafter be common to commercial
corporations under the laws of Geor-
gia."
Illuminating Discussion
In addition to the directors OF the
federation, the meeting was attended
by c. A. Cobb, editor of the South
ern Ruralist; l.. B. Jackson, director
of the markets bureau of the state
department of agriculture; j. K
Giles, assistant director of the ex'
tention bureau of the State College
of Agriculture; M. c. Gay, state
market agent; j. G. Oliver, state
agent, college of agriculture; Alex W.
Smith, Jr., counsel Country Bankers
association; B. A. Hancock, state bu'
reau of markets; j. II. Mills, state
bureau OF markets; j. O. Hicks, as
sistant commissioner of agriculture
G. o. Moser, American Cotton Grow
ers' associations; Fred T. Bridges,
state bureau of markets, and Fritz
r. Jones, secretary OF the federa'
ton.
BY invitation of Mr.. Adams, the
discussion of the charter provisions
and the tentative bylaws, as sub
mitted, was opened to every one
present. Representatives of the de-
partment of agriculture and the
state college participated in the dis
cussion that followed the presenta-
ton of the charter. Mr.. Adams and
other members of the board of di'
rectors encouraged the general dis-
cussion, inviting constructive crltl'
cism and suggestions of the charter
provision, and answering such ques'
tons as were asked concerning de-
tails.
Messrs. Jackson, the director, and
J. H. Mills, the assistant director,
of the state bureau of markets, were
outspoken in their commentator OF
the motives behind the farm market
federation, and expressed desire
to lend every aid possible in further
ing the success of the organization.
1.-THE charter provisions, as read
by the secretary, picture a splendid
conception" said Mr.. Jackson" and
believe such an organization as is
in prospect can contribute wonder
fully to helping the farmers of the
state market their products"
State Market Agent Gay, OF the
state college, spoke in terms of
praise of the market federation, also
approving the principle involved and
the motives behind the movement.
1T is gratifying and encouraging
to observe that the business men
and bankers of the state realize that
the farmers problem also is their
problem, and are awakened to a sense
of responsibility" he said. 81 be-
lieve such. an organization as is
proposed here is confronted by Won
derful opportunities for service, and
T Welcome the movement -