The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-05-12
THE MILK SHIPPERS.
First Steps Taken to Form a
Trust at Kent.
TO BE AJolNT STOCK COMPANY.
Property Of Hall = Galloway Proposed
to BE Turned Over to the
New Corporation.

An adjourned meeting of milk shippers
was held at Kent on Saturday, May 0. Mr..
John H. Durgin was chosen president and
James Hart secretary. Few Of the mem
bers of the Milk Producers Association
were present, but there was goodly num-
Der of non-union dairy farmers on hand.
The object of the meeting was to listen
to and consider the report of committee
appointed the week before to inquire into
the property proposed by Hall & Galloway,
OF Seattle, to be turned over to . new COM
bined association Of producers and dealers,
70 be known as the "Duwamish Dairy As
sociation-"
The committee reported that they had
been shown an inventory of the property
and found it, so far as they could judge,
well worth $4,000 It consisted of the
right to the land upon which the Duwam-
ish dairy plant is situated, the piling,
buildings and other permanent improve
ments, the horses, wagons. harnesses, milk
cans, etc. ETC., for carrying on the milk
business, and constituting one Of the most
complete establishments of the kind in the
country Besides this is included the
good will and business of the concern.
The committee favor the proposition of
combining the milk producing and the
milk distributing interests, upon the
terms proposed, viz: the organization of a
stock company with 500 200 capital, the
Duwamish plant to be entitled to $50. 900
worth of the stock in cash, the SO, 600 re-
manning TO be taken by producers at the
rate of one share of 500 for every ten gall
Ions of milk per day to be shipped during
the year. OF this sum thus raised Hall g.
Galloway are to receive $4,000 and the
remaining $50, 600 to be used in purchasing
competing concerns in Seattle and one or
two in Tacoma, and in the erection and
furnishing of building for the manu-
facture of surplus milk into butter and
cheese
The committee further reported that.
based upon the past actual business of
Hall & Galloway, the new organization
would be abundantly able to declare quar-
terly dividends Of S per cent. upon the
capital stock of 100000. Indeed, they
had found that the business of Hall &
Galloway had been paying considerably
more than this.
Mr.. Galloway and Mr. Russell, of the
same concern, answered questions con-
corning the new association.
Secretary Hart Endorsed the proposed
company in a forcible speech, considering
ii the most feasible plan for harmonizing
the differences between producers and
dealers, and securing to the former a
steady and paying demand for their pro-
duct.
Mr.. John Nelson thought it about on a
par with the effort of certain few COM
panies to get stock subscriptions from
farmers. 1t would amount to little for
them.
Mr. Alvord and Mr. Ramsey, members of
the committee, joined Mr.. Hart in in
dorsing the new plan of organization.
Hall d. Galloway said they would like
to have the farmers suggest the names
of trustees for the management of the new
concern, as they had fully determined
to go on with it. They wanted
them largely from among the farmers.
Mr.. Galloway himself suggested the name
of Mr.. Alvord 1.-THE largest milk shipper il
the valley.) He also suggested the names
of Mr.. Wilson and Robert Ramsey. Other
parties suggested the names of D. Mullen
and Mr.. McDougal. The meeting ap-
proved of these nominations, which re-
main to be ratified by the stockholders.
But two or three members of the White
River District Milk Produce Association
were announced as subscribers to stock in
the new association, though something
over $4,000 was subscribed by milk pro-
ducers on the day of meeting