Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-25
FARM MARKET FEDERATION
TO RAISE $500, 900 FUND
Organization Certain of Sue
cess-Votes to Apply at
Once to Superior Court for
Charter-ThoSe at Meet

setting S5OU,0O as the goal ue1
mite concrete steps are being taken
to complete the organization of the
Georgia Farm Market federation.
which is the outgrowth of the move
ment jointly inaugurated by the
Country Bankers association and
The Atlanta Journal to provide mar
ket facilities for handling the oil
versified products of Georgia farms
A whirlwind campaign, fashioned
after the methods pursued in the
successful Liberty loan drives, will
be conducted to raise the necessary
funds.
So confident are the movants III
the proposed market federation thai
success will crown their efforts that
at a meeting of the organization
committee, in the chamber of com.
merce Thursday, it was agreed
unanimously to apply at once to the
superior court for charter for the
Georgia Farm Market federation, un'
der the provisions of state and fed
eral cooperative laws, and in ac-
cOrdance with charter provisions
heretofore approved.
To Apportion Funds
At the suggestion of j. W..
Vaughan, the well known Carriers.
vile banker, the funds to be raised
will be apportioned among the sew
eral counties of the state, in accor-
dance with their banking resources,
and in each county q finance COM
mittee will be appointed to direct
the canvass for subscriptions, which
will entitle the holder to capital
stock in the market federation.
1t also was decided to enlist the
aid of chambers of commerce and
other civic organizations through
out the state in raising the funds
and the belief was confidently ex-
pressed that the entire capital stock
Of the corporation will be available
to record time.
Attending the meeting were: w.
b. Hunter, chairman; G.. G. HaW-
kins, of Americas; D. w. Boone, of
Newman; l.. r. Adams, of Atlanta;
N. w. Bell, of Atlanta; B. S. Bar
ker. of Atlanta; J. S. Kennedy, of
Atlanta; Ralph Smith, of Atlanta;
Fritz r. Jones, of Atlanta; c. O..
Carpenter, of Macon; w. G.. Middle
brooks, of Macon; James w. Morton
of Athens; J. G. Oliver, of Athens;
j. w. Vaughan, Of Gainesville; 3.
NJ. Gilbreath, of Gainesville; Herbert
Uren, of Gainesville: j. r. Hender.
son, of Gainesville; II. H. Milan, OF
Cartersville; B. M. Ragsdale, OF
Cobb county; w. B. Hunter, of Cor
nella; G. r. Porter, of Rome.
To Name Subcommittee
-, l.. 6
the organization committee, Chair
man Hunter will nane a subcOm-
m.ttee of five to direct the campaign
for funds. The personnel of this
committee probably will be announc-
cd Friday.
The meeting was one of the most
successful and enthusiastic that has
been held in connection with the or
ganization of the market federation.
Prior to authorizing the application
for a charter and the campaign for
subscription to the capital stock, the
details of the charter and bylaws, as
heretofore tentatively agreed upon,
were carefully considered.
A number of important changes
were made in the tentative charter,
all of which were designed to place
complete control of the organization
in the hands of the producers-thc
farmers of hte state.
1T is important to the success OF
the movement that it be understood
by every person in Georgia that the
market federation is neither bank
ers' nor a business mans institu-
ton" explained L. r. Adams. sec
rotary of they Country Bankers as
ISOLATION and father of the idea.
1.-THE bankers and business men Of
Georgia propose simply to help the
producers the farmers, if you
nlease-to help themselves, and We
are going to provide the capital for
an organization that will be cOntroll-
ed from the ground up by the pro-
ducers.
Purpose of Federation
The federation will have for its
purposes the following:
A. Effecting a closer cooperation
and mutually helpful relation be-
tween the agricultural and business
and commercial interests of the
state.
3. Bringing about a greater and
more widespread crop Investigation
IN the state of Georgia.
c.. Promoting the increased con-
ss1uspticn of Gcexgia-raised products.
=, Encouraging and establishing
4 n better aid more profitable system
of marketing Georgia farm products.
Z. Conducting publicity and adver-
Using campaigns designed to bring
about these results.
+. Encouraging the production of
a higher standard Of quality Of Geo.
9ia products.
G.. Assisting in the establishment
of standard grades and packing OF
Georgia products.
II. Promoting better and more eX-
tensive warehousing and storing IA
cilities for Georgia products and
more thorough and practical prepa.
ration for markets.
I, CO-ordinating and federatlEg the
efforts of all organizations within
the state which have these same OBJ
icets or any of them.
J. Encouraging and assisting IN
the formation and operation of 10
cal cooperative associations among
the producers of these commodities
throughout the state under the CO.
oDerative marketing acts of 1920
and 1894.
X. Stabilizing these commodities
so far as possible as collateral Tor
bank loans.