Long v. Texas Farm Bureau Cotton Ass'n

In the year 1921, the Thirty-Seventh Legislature passed an act (Acts 1921, chapter 22) known as the “Co-operative Marketing Act,” which appears in Vernon’s Ann. Civ. St. Supp. 1922, chapter 7A. The first section of the act (Vernon’s Ann. Civ. St. Supp. 1922, art. 14%k) reads as follows:

“In order to promote, foster and encourage the intelligent and orderly marketing of agricultural products through co-operation and to eliminate speculation and waste; and to make the distribution of agricultural products as direct as can be efficiently done between producer and consumer; and to stabilize the…