The central record. (Lancaster, Ky.) 18??-current, 1922-10-26
POOL MEMBERS
ARE WARNED NOT
TO BUY TOBACCO
President Stone Declares Such
Practice. Even with Intent
10 Sell Thru Cooper
alive Organization
Violation Of Basic Principle ~
Orsssisssie~

Lexington. Ny. Oct. 2i- Members
II the Burley Tobacco Growers Co
operative Association hav. no RICH, to
buy tobacco outside the Association
aud sell u thru the Association. Pres
ident and General Manager James
G. Stone aid. nor have they. under
the bylaws % the Association. the
right Ia buy the tobacco Of the fel-
low members Of the Association. even
with the intention Of selling }, thru
the Association. Mr.. Stone declared.
We have received number 20 In
auirie- III. pas, week. said Mr.
stone. IN regard 10 whether members
II the Association should buy the
tobacco % outsider and turn u over
20 the Association 10 be sold and
whether u 10 legal. under the con
tract. bylaws and bingham act. for
members to purchas. tobacco o.
members Of the Association with
view to selling II thru the Association
-'inasmuch as the Burnley Tobacco
Growers COOPERATIVE Association
had for one ~ IT, primary purposes
IN. prevention Of speculation in the
growers tobacco. such purchase. by
members ~ the Association are clear.
" IN violation Of the very principle
on which the Association ~ founded
AT the OUTSET of our organization
a resolution was adopted By IN.
board 81 directors providing tina, any
officer or cmployc, VINO speculatcs
IN Tobacco shall be Immediately re
moved from his office or employment
] do no; know 81 any other singl. fac
tor that could be so harmful to the
interests of the Burley Tobacco Grow
srs' Cooperative Association a. for
our members or employees or officers
TO buy tobacco. whether from mem
hers of the Association or not. and
such buSing will b. deemed good and
sufficient reason for terminating the
connection ~ any employee. known
to have engaged IN u. with tn, A.
ISOLATION.
There l. nothing in our bylaws or
our charter. however. TO proven,
members who drsirr 10 aid other
members from advancing money ON
their tobacco. but in each and every
case the tobacco mus, b. delivered
IN the nam. ~ the person growing u. I
and assignment given. and the grow
er viii be paid by the Association |
whatever Is left after paying the loan
on the crop.
we hope that no employee or
member OF the Burlcy Association
will buy the crop 81 any member or
non-member and II any employee
does this. he will be promptly dis |
missed from the service ~ the Asso-
citation. Members are asked TO re-
port la the presidents office any pur. |
chases Of crops or cders to purchase
crops on the par, Of member, or en-
ployecs Of the Association. 10 that |
prompt action may be- taken Ia pre-
vent a continuation ~ such prae-
tees"
Speeulatoss Prices L.~
Brandenburg. XIV. Oct 2i-Judge
w. A. Basket. County judy. ~
Meade county. IN a statement regard
ing the activities Of the tobacco buy. /
.rs and spectators IN this section.
said that IN his opinion the prices
IN. real value Of the crop The
spectators ar buying only IN. choice .
crops. according Ia Judge Basket.
and he says that IN his opinion. the
crops for which they are paying 20
To 90 cents pound would bring
30 to so cents a pound II sold under
IN. cooperative marketing system.
Judge Baskets statement follows;
~ have been chairman 81 the Bur
ley Tobacco Growers Cooperative
Association since its organization in
Meade County. Kentucky. W. have
quite number Of farmers who pool
ed their crop last year and the price
received for same has been far above
their expectation. Not a single per
son has made a complaint and ] sin
eereiy believe the farmers. by pooling
their crops this season. will receive u