Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1890-03-18
THE TRANSFER MADE.
ALLEN G. olNTER's BUSINESS MERGED
INTO THE AMERICAN 7 TOBACCO CO.
New Bonds Filed and Sent to Collector
Brady--some Facts About tho
New Concern.
The firm OF Allen & G.nter no longer e1-

The firm OF Allen az Ginter nO i""b0'
lists.
1t has merged into the American Iooac-
co Company and the formal transfer Oh It's
business was made yesterday.
The name Of the concern, which mas oeen
intimately associated with Richmonus
growth and prosperity for nearly quarter
of century, will be retained anu .n0
house will hereafter be known as 'ne
"Allen & Ginter Branch"
The fact that this change was 20 DO
made was stated in this paper several Gays
ago, and on Saturday the iurther an
nOuncement was made that arrangements
had been perfected for the change'
THE NEW BONDS.
The formal transfer was made Yesterday
morning. and two bonds executed on pc
half of the Allen & Ginter branch of the
American Tobacco Company were ule't
with ex-Judge Atkins, deputy collector oil
United States internal revenue. -,
The bonds were presented ny MI
Thomas l.. Jeffress. secretary and urea,
surer Of Allen & Ginter Incorporated ana
cashier OF the new concern. One Is lOf
$50. 500 on account of the manufacture or
cigarettes and the other of S29,OOO ior tne
manufacture Of plug and smoklng-tobacco
and cigars.
The bonds are based on the statement
that nine cutting-machines will be ope-
rated and 500 hands employed.
The bond was sent TO Petersburg by
mail. and if approved by Collector Brady
a license will be sent to the new concern.
ITS oFrICERs.
Mr.. Jeffress exhibited copy Of the char
ter granted the American Company by the
Legislature Of the State of New Jersey;
also n resolution adopted by the stockholdc
crs giving to him, rs cashier, the power OF
attorney TO sign all necessary bonds on De
half Of the corporation.
Mr.. james b. Duke, Of William Duke,
Sons & Co., of Durham, n. c., and New
York. is president of the American Com,
pany, Major Ginter. who WAC first proifered
the Office. having declined its acceptance.
1t is probable that no material; II any,
change will take place at the local othces
or management or IN the BRANDS, as there
was no course Of this kind pursued IN the
case Of the Dukes (of Durham) factory ex-
ccpting that the latter company ls deslg-
mated as "a branch OF the American Tobacco
Company. Further particulars Will be
forthcoming III day or two.
THFIR HoLDJSGs.
The Southern 7Obdcc0Hisf. speaking OF the
charter Of the American Company. says:
The following persons own shares; Lewis
Ginter, John Pope, George Arents. James
b. Duke. B. n. Duke, &. w. Watts, +. ,.
Kinney, William II. Butler, W. ). klmball'
Charles G. Emery. Capital stock, S25,O0O,-
COO divided into 100000 shares, of which
$4,000. 900 Is divided into 100000 shares at
$50 each for common stock, and Sl0,WO,OOO,
of 100 900 shares. is preferred stOckin shares
of 500 each. The charter is for fifty years
and TO do business of all kinds in tobacco,
manufactured or leaf, and in all countries.
The preferred stock Is < per cent stock,
payaGle semi-annually, before common
stock is paid. The business IS TO COM
mence with $4,000 Of 200 shares at $50 par
value as common stock
The BonsaclS Claim.
The Dispotch's Lvnchburg correspondent
, last night telegraphed the following
Your correspondent waited on Mr.. A. II.
Burroughs, attorney for the BOnsack Ma
chine Company, this evening and asked HIM
10 state upon what ground Messrs. Allen
d Ginter. of Richmond. resisted the claim
of his company. He replied that his com
panv had nothing 20 say to the press
further than that the Bonsack Machine
Company deny the correctness Of the de-
, fence of Allen & Glnter as published III
SUNDAYS Dispdfch. as they did not care TO
prejudice the case before the public either
one way or the other. but prefer TO 60 be-
fore the courts instead of newspapers, us
they alone have jurisdiction III the case.
ANOTHER VERSION.
From q member Of the Bonsack Com
Dauy | learn the following particulars:
Messrs. Allen & Ginter owe the Bonsack
Machine Company $4,000 for the use OF
machines for five months back from March
lst. This they refuse to pay on the ground
that the company have Disseminated
against them. inasmuch as they charged
them 30 cents per thousand on the cigar
cites made while requiring other compa-
MES to pay only q. Allen * Ginter were
offered the machines at 25 cents If they
would use them only on the finest goods
and advertise them as made by the Bon
sack machines. Allen d Ginter fatty
refused this offer. The Bonsack Machine
Company claim. they say, the right to
make any contract with manufacturers OF
cigarettes that they please and other par
ties have nothing to do with 1t. 1t seems
that the advertisement of the machine Il
the bottom Of the whole matter aud 1t was
[ co admitted