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8 BULLETIN 1392, U. S. DEPARTMENT OF AGRICULTURE 
in the valley, or one-half of all the acreage not under control of tire 
companies. The 713 contracts obtained by July 13 represented 
27,153 acres. 
The organization was incorporated in Arizona, July 13, 1921, and 
directors were elected on the same-date. The board of directors is 
composed of representatives from the 14 voting districts, 5 directors 
at large, and 2 public directors. The Governor of Arizona and the 
Maricopa County Bankers’ ‘Association each appoints one of the 
public directors. An office was established at Phoenix and the asso- 
ciation began to receive cotton in September. 
In 1923, as a result of high ginning rates and low prices for cotton- 
seed, a subsidiary company was for med, the Arizona Cotton Process- 
ing Co., all of the common stock being owned by the Arizona Pima 
Cotton Growers. To this company the association loaned its reserves, 
amounting to about $90,000, and the company in turn purchased a 
one-fourth interest in the Mutual Cotton & Oil Co., a local corpora- 
tion owning about 15 gins and 2 oil mills. The Arizona Cotton 
Processing Co. for this one-fourth interest paid $60,000 in cash and 
executed notes for $75,000 and $43,000. 
TEXAS FARM BUREAU COTTON ASSOCIATION 
Vhen the Texas Farm Bureau Federation was formally organized 
in June, 1920, there were several large farmers’ or eanizations in the 
State, including the Farmers’ Union and the Texas division of the 
American Cotton Association. Another organization was the United 
Cotton Growers of America, an association which had its beginning 
at Corpus Christi in 1919, and which was actively engaged in 1920 
in a membership campaign. Although this organization had not 
engaged in business, its stated purpose was to market cotton. Local 
branches had been formed in several southwestern Texas counties, 
and in October, 1921, the organization reported a total membership 
of 3,000 persons, repr esenting 70,000 bales of cotton. 
Soon after the formation of the Texas Farm Bureau Federa tion, 
an agreement was entered into whereby the Texas division of the 
American Cotton Association became a branch of the farm bureau. 
Close working relations were established with the Farmers’ Union 
and the United Cotton Growers of America, and at a meeting of 
the representatives of the four organizations, held November 16, 
1920, plans were made for the immediate organization of a state-wide 
cotton- marketing association. A committee of 21 was named by the 
Farm Bureau Federation, December 13, to develop plans and carry 
on organization work under its auspices. 
The committee met in Dallas in December, 1920, and remained in ses- 
sion for one week. It adopted, with minor changes, the same plan 
which had been approved and adopted in Oklahoma, where or ganiza- 
tion activities were then beginning. The plan was also given general 
approval at the first annual convention of the Texas Farm Bureau 
Federation in Dallas, January 26-27, 1921. 
The membership campaign began March 1, the agreement stipulat- 
ing that the contracts signed would be effective if the signatures 
obtained by July 1, 1921, “represented 1,000,000 bales. In the event 
the quantity signed should be less than 1,000,000 and more than 
500,000 bales, the agreement provided that signers should have 
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