The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1922-04-12
FARMERS SECURE
WAREHOUSES;
Tobacco Marketing Associa
ton Will Be Able to Handle
This Years Crop

half OF the active warehouses Of
South Carolina. representing an
aggregate value OF nearly 81 ,000.-
900. were rendered the Tri-State
Tobacco Growers Cooperative Mar
keting association here today when
representatives OF the association
conferred With thoroughly rep
rcsentative gathering OF the own
ers and operators of warehouses.
Save Lake City and Florence. ev-
cry market pledged its warehouses
in part or in full as nearly as one
could ascertain by an early and
preliminary check of the returns
from the meeting. Warehouses
signed today are as follows: Mich
OILS, Planters warehouse; Marion
Peoples: Summerville, Summer
vile warehouse: Conway. Horny
warehouse; Aynor, the Farmers,
the Higgins: Georgetown. George
town warehouse: Hartsville, the
Farmers; Mullins, the Brick:
Pamplico, the Farmers, the Brick;
Kingstree, Central, Scott's, Will
kins', Farmers, Nelson: Latta,
Farmers; Dillon, Liberty, Farm
ers', Palmetto: Lake View. Farm
ers, Liberty, Planters; Heming-
way, Center Brick, Big -Four: An
drews, Farmers, the Brick: TIM
monsville, the Farmers Banner:
Johnsonville, Center. Brick; Bam-
berg, the Farmers: Loris. the
Brick. the Farmers: Lamar, Farm
ers' Friend: Darlington. Dargans,
the Carolina, Price. Center and
Brick
The first check showed actually
+ houses pledged to the associa-
ton either for sale or for lease on
the terms OF the association The
total values as placed by the OWL
erS of the houses We're 100000.
Individual values ranged from $3,-
900 as the smallest 10 $50 900 as
the largest. there being TWO of
them valued at $4,000.
DR.. j. y. Joyner Of Raleigh. Y.
c., who has been a moving spirit
in this organization since its incep-
tion, opened the meeting and pre-
sided.
Mr.. Sapiro presented the uni
form contract which the Tri-State
association has signed with North
Carolina and Virginia warehouse
men, and is similar to the contract
used now in the Kentucky belt.
Other representatives of the as
sociation here for the occasion in
cluded NJ. O. Wilson OF Raleigh.
secretary Of the association, r. G.
Watkins. Jr., of South Boston. Va.
chief Of the warehouse division Of
the association, T. p. Young. direc-
tor from Florence in the associa-
ton. Bright Williamson of Oar
lington, who has been 4 leader in
the movement.
The plan Of operation to pur-
chase or lease the warehouses is for
the association TO issue its stock
and bonds to cover the liability.
They will be serial Or in classes.
redeemable over Il period Of years.
To retire these. I small assess
ment will be made on the tobac-
co which the association handles
for the individual grower. AS these
outstanding obligations are alb
sorbed their equivalent in COM
mon stock will be issued to the in
dividual grower in proportion" to
the tobacco the association han
dies for him. The association
wants to do the fair thing by the
warehousemen, Mr.. Sapiro empha-
sized many times in the course OF
his talk.
Mr.. Sapiro's presentation Of the
contract impressed his audience
generally as very fair and attrac-
tive. He did not hold out any
promises or false hopes or give any
false information, as one could best
Judge about the affairs of the as
sociation its ability or plans. He
said frankly the assOciatio is GO
ing TO build warehouses where il
can not procure them and ii may
need them. 1t has $1,000 900 OF
fered them now for lhiS purpose
and will build one at Wilson, y. c.,
and one at Danville. Va. 1t viii
not build them where i; can pos
sibly avoid the necessity. Also il
wants the services Of the best OF
the warehouSemen, who are popu-
lar with the grower, who know the
local conditions and tobacco and
have the experience.
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