The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1922-12-20

trict. when, in the judgment of the
Assoc alton, they require physical
facilities.
The Association considers It de-
sirable to acquire, for the purpose
of receiving. grading and storing
tobacco, warehouses and plants nov
ex sting in the said district as fol-
lows:
Name of Warehouse or plant, and
Location.
Field Bros. & Co. Loose Leaf
Floor, greensboro, Ky; Farmers
Loose Leaf Floor, Greensboro, Ky;
Lancaster Loose Leaf Floor, Owens
boro, KY; Daviess County Loose
Leaf Floor, greensboro, KY; Owens
boro Land & Wrecking Co., Owens
boro, KY; Ross Tobacco Co., Owens
boro, KY; Equity House, Owens
boro, KY; j. B. westerfield, Fords-I
Vile, KY; Hancock Tobacco Ware
house, Hawesville, KY; Cloverport
Loose Leaf Floor, Cloverport, Ky;
Breckenridge Loose Leaf Floor, Har.
dinsburg, Ky; B. F. Beard Heirs.
Hardinsburg, KY; ]. b. Westerfeld,
Hardinsburg, KY; Moorman & 10 :.
ard. Glendean, KY; Mrs. gar,
Hart, Mcdaniel, KY; The Sacrament
to Equity Tobacco Warehouse Co.
sacramento, KY; Lewisport Tobacco
Warehouse Co., Lewsport, KY;
Equity Tobacco Factory, Hartford,
Ky; ]. d. Bennett House, Calhoun,
Ky; Waltes Scott (Hopson House,
Calhoun, KY; Livermore Loose Leaf
Floor, Lvermore, Ky; Equity To-
bacco Warehouse Co.. Narrows, KY;
Massie & Whitley, Rockport, Ky.
All of these plants will be pur-
chased for price to be agreed upon
between representatives of the Asso-
citation and of the warehouses; or by
arbitrat on.
In addition, the Association will,
through the Subs diary Corporation.
lease certain plants specified as fol-
lows, on the general basis of six per
cent net:
Tice Burns, Hartford, Ky, and
A. Y. Clay, (Curdsv.lle House,,
Curdsville, KY
The total amount of tobacco COW
cred by signed contracts in said dis
trct is 25,O95,465 pounds.
The said Corporation will be
known as Growers Warehous ng
Corporation of Greensboro, Ky, and
VIII have preferred capital stock in
the aggregate of s75O,OO0, divided
into five classes; and will issue ser al
bonds in the aggregate amount of
1915 900, div ded into five classes.
In addition this corporation VII
have common capital stock in the
sum of $4,000, represented by II
shares of $1,000 each, at the START,
and will increase this common stock
Aioih tihiC " uhiS w ioou.hs ''iC
same to the growers as deductions
are made from the tobacco, all as
provided i'm the Standard Agreement,
SO that ultimately the total amount
of common capital stock will exceed
the sa d aggregate of preferred
stock.
The Association further expects
to cause the SAID Corporation to ac-
quire or construct or lease add tional
warehouses or plants from t me to
time, as the needs of the District
may develop; but the total or ginal
expenditure for such purchases and
construction, including the ware
houses and plants mentioned above,
shall not exceed the aggregate of the
on & nal or increased authorized pre-
ferred stock and bonds of the said
=! Corporation.
Y From time to time. the Assoc.a-
t on of the Corporation will effect
such economics as may be deemed
advisable by comb ming plants, I'M
proving or extend ng plants; and
perhaps converting or selling plants
which may, at any time, become un-
necessary.