Lubbock Cotton Exchange

Description

From the original documents of the The Lubbock Cotton Exchange founded in 1947: "The purpose for which it is formed is to maintain a cotton exchange with powers to provide and maintain suitable rooms for the conduct of their business, and to establish and maintain unformity in commercial usages in cities and towns; to acquire, preserve, and disseminate valuable business information; to adopt rules, regulations, and standards of classification which shall govern all transactions connected with the cotton trade and with other commodities where standards and classifications are required; and generally to promote the interest of trade and increase the facilities of commercial transactions."