Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1923-02-03
HOW SYRUP CANE GROWERS COOPERATIVE
CHASED GLOOMS FROM SOUTH GEORGIA

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were able to complete the job
of getting more than the mini
mum signup.
The law firm OF Randolph &
Parker, of Atlanta, was en-
ployed to draw up the articles
of incorporation, to make appli-
cation for a charter and to draw
up bylaws and represent the
association in getting a loan
from the war finance corpora
ton on the syrup which the as
ISOLATION members had on hand.
Permanent Organization
The meeting for permanent
organization and the selection of
permanent directors and officers,
was held at Cairo, the perma-
nent headquarters of the asso-
citation, on May II, 1892, and the
association was incorporated as
the Cane Growers Cooperative
association, which was the
first marketing organization in
Georgia to be formed on the
contract or compulsory pooling
basis.
More than 1000 attended this
meeting and the following Of
ficers were elected: T. M. Chas-
tain, Cairo, president; Guy Har-
rell, Whigham, vice president;
Graham Ward, Cairo, vice presi-
dent, and B. H. Pope, Cairo,
secretary and treasurer.
The firm of Randolph & Park;
er was made attorney for the
association. 49,.
The following named were
elected directors Of the associa.
ton and in their hands rests the
control of it's affairs; HI. M.
Chastain, Cairo; Guy Harrell,
Whigham; l.. r. Maxwell, Cairo;
C. S. Barwick, brownsville, and
G.. c. Harper, Quitman. .
Price of Syrup Jumps
The directors at once COM
menced to serve the association
members and to prove the bene-
fits of cooperative marketing.
In a few days, arrangements
were made at Quitman whereby
several cars of syrup were can.
ned, standardized according to
United States standards, and
made ready for marketing. At
once syrup advanced from lac,
the price paid by local dealers.
one-half of which was paid in
cash and one-half in trade, to
% cents per gallon, all being
paid in cash. This meant at
once q gain of $4,000 to $780,
900 to the growers on the re-
mainder of the 1921 crop that
was still in their hands.
The association canned APP
proximately 10000 cases and on
this a loan of $4,000 was i'm
mediately obtained from the war
finance corporation. 1t Is in
teresting to note that because
the association syrup was prop
erly canned and standardized the
war finance board loaned more
to the growers on their syrup
than they could have sold it for
in the open market.
This help from the war f.
nance corporation, together with
the better prices for syrup, i'm
mediately aroused the interest
of many growers, bankers and
business men, which meant more
cooperation and greater prog
ress for the association. In July
the association sold it's syrup
and paid the loan from the war
finance corporation.
The syrup netted the growers
over 100 per cent more than
they could have sold it for at the
time of delivery to the assoeia.
ton.
With the coming OF summer
the growers, including non.
members, bankers and others,
became convinced that cooper
ative marketing was not only
right in theory, but it was sound
and practical and would help not
only the cane growers, but the
people generally.
The board of directors by this
time saw the necessity for or
sanizing and establishing the
associations own canning and
warehouse company. The board,
with the assistance of Randolph
& Parker, in a short time had
received applications for stock
in the proposed warehousing
corporation for S91 500. This
was obtained by the time the
charter was granted, and the
plant was already built in Cairo.
This splendid institution, which
is a subsidiary organization of
the Cane Growers Cooperative
association, is fitted up with the
most modern equipment for
processing, standardiZing and
canning the syrup, and is sec