New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-03
FORMING 4 BIG SWELLING Trust
TIE OBJECT SAID To BIZ rR0TroTl0N AGAINST
THE LEAD TRUST.

TILE OBJECT SAID To BIZ fRNIIfIlON A"AIN~l
TUE LEAD TRUST
Chicago. March Tho biz smelling organization,
of TIE United siatcs have formed trust With a
oarital Of $4,000 900. That if the substance ~ a
report which given publicity here {" day. Last
November It VA, rImoncd that such pool would h'
formed Now II j., said 10 ic an established fact. IT."
folhwnc smclt.nc ard rr'nIn- companies. which age
-ait 10 include AN hHt five ln tie u.'ci state A'
reported to De- u the combine: The omaha and Grant
shifting and Refining Company. Nf omaha the han-i-
Cry smelling and Refining Company, oi
Kansas City. the Pennsylvania Lead Con
pany. Of Mansfield. Penn. The Chicaeo
Smelling and Refining Company. ~ Choas"
a, aurora smelling and Refining Company. ~
Aurora. H.; +. ncback 4 CO.. Of Newark. y. j..
the Globe smelling and Refining Company. Of Den
scr: the Pueblo smelling and Refining Company. oi
Pueblo, COL. the Colorado smelling Company, of
Pueblo: the Philadelphia smelling and Refining Com
paay. OF Pueblo COL. the Arhoi-l, VALLEY smelling
Company. Of Icadvillc. thc Manviic Company. Of
,Lcadvillc; the san Juan smelling Company ~
Durango. Col.. the Hanover Smolter, of salt Lab"
city the Mn-o Fnrna'c Company. Of salt Lake CTS
| tho Gcrmaua Company, of salt Lahe city, ihr
| Helena and Livingston smelling and KcfnInt Com
pany, ~ Helena. Mont. the Montana ~mcit.r, 'on.
pany. Of FALL. Mont. the IL I-sO ,uctcr. OF
On November 3O 1--p. tnc rcpr. ..cntatse, II ,iN
smelling and refining - ulan.'. met in the Mlari
panlcs rcpIe-crt"d were tc omaha a'd Grant -mcit
ing and Refining Company. tAr kHA-I, CTS con .n..
datcd smelling ana Refining '.fnpluj. ti' iinIid'l
pAi smelling and Refining company. "f Pueblo. at1
ihsc other. ~ definite acton Wa ifhfI lf this
meeting. II was -honn hy nsu'.- ulaf f.' 0rsinilt
tiDn of the propDci pool CO., tlf would mth" prpit
for the Msmlcfo Of about -i.nlon"o annually coz
something like 40 per cent ou capital Invested. Ir
fore the meeting adjourned 10 ua. thought beet 10 -r
cure IN confidence from the different 'oniauc, The
value Of their Hprfy nnd i,plit the .tnc fo the
neSt meeting. TINS wor~ WI, put iu the hand, "i
Nr. Elcr,.
On FEBRUARY ~. l-no. the ncAt meeting took place
az the Palmer House. Chicago. u va. decided 4" or
ganiLr 4 company composed of AL The .mftrr named.
which should be- called the fitc state. -nclf and
Refining Company. The capital .i"Dt urf'rd upon
for the tru-t .9J,OOoOnO. of which rl,OIpoup b.
to Doc common st"cA and the rrunlulr. -iu."poopo
preferred stock. II wu- also dc'd'd 90 found eiui
ing flai. and for th, purpose % was agreed That for
the first two years r2lO.OvO In profits should Doe tid
By annually, and flat each year thereafter even
half million should De- added ~ fc f.ni. n nlu
arranged that th" actual formation ~ thi. company
wOud not take place until three quarter 81 th"
fcrIci stock had been taken. II D. asserted That
the necessary stock h1- been subscribed. ald that thr
final articles of corporation will hc filed in tl- ey'
state and Territories within hort time. The chief
object Of the -mrltcf. 10 b. aid b. 10 plic" their IN
tercsts beyond the ab-out" control "f te lead trust