New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-11-06
financial


date Of Sept. s. 1890, their opinion;
"That the American Cotton OIL Company rs
legally organized corporation OF the s~'e u -''
jersey" s.,
In their legal certificate fled at the New'York o'o's
Exchange under date OF May s. 1891, Messr'' su'A"
Cromwell state .s or
THAT the American Cotton Oil Company was Or
Qanized by us under the laws OF the state o. We"
Jersey and its Organization is In strict CONFORMITY
with the laws OF that State" Also
THAT the Stock Of the Company, Preferred ana
Common is issued in conformity with the laws Vi
New-JeIsey. and r. valid"
All the aforementioned firms have also approved t"e
legality and validity Dcbenture Bonds In certhea''
duly fled.
BUSINESS
The American Cotton Oil Company is q manufacturing
and mercantile organization producing and dealhs Id "e
products OF the seed OF American cotton
Before the OF the products from Cotton oeed WIS
known the seed not went to waste but wa source
OF expense and Inconvenience to the ginner To-Day "
converted into valuable merchandise
The principal products OF this Industry arc
Cottonssed o. Obtained from the SEED aier
separating the huI.s from the kernel COOKING ana
then submitting the mass to hydraulic pressure
Co,tonsxd cake The solid resdium OF the seca
after expressing the OIL
Cottonseed Meal. Recognized as the most val.
uob,o q, all similar feeds cattle and sheep ana
Of highest merit ammonia fertilizer. -,
- yinters The results from reginniDg the seed
which product is a short staple cotton "iu na'u
''Mldling Cotton" . ,. -
Cottonsced Hulls. Only recently recogniHeo 40
Of value except for fuei but which are coming n'o
favor for cattle feed In lieu OF hay, anu aiSo III ~
manufacture OF a bulr fol- palti stock
pr, tbeso direct products IRON the seed we are en-
,3 70 nresnt to consumers the following among numer
other commodities:
Refined OILS.
Summer and Winter Yellow OILS;
Summer and Winter White DIS;
Salad and other Oils. -,
Tho most widely known articles manufactured from tne
above mentioned produ Us are: ,. e., lad
"CouoIens" An approved substitute LOT isru'
ooonos.d q, refined oil and pure beef stearine.
"GoId Dnnt" Washing Pocders, Laundry Toiie'
and Securing Soaps Manufactured no" e''''"
oil soap stock. .u
Cottonssed hui Ash. The product Of the nuns
after use as fuel potash, and extensively useo
as tobacco fertilizer.
EXECUTIVE MANAGEMENT.
The oo,duct of this extensive bu Ines, Is under the
general direction Of the Fnanee Committee inc lr"i
deet and his associate executive officers In this city.
The financial affairs of the entire organization are
directly supervised in daily Sc sion by the menoer" VI
tho Finance Committee who are salaried officials
They have Immediate charge OF the treasury HI
surance and Audit Departments Domes.ic anu rofes"
Exchange Bank Accounts Fidelity Bonds Bills hece'
able and millr assets
Tho president and his staff have in charge the COM
merc interests and general physical condition Of the
manufacturing properties and the purchase OF SEED ana
supplies
The immediate physical condition OF the properties Is
oosa 81 n.,vtsed nv competent officials, BY districts. OF
which there six
To facilitate and expedite the business affair, OF the
Comuany it has been deemed advisable 10 conduct the
business through departments, OF which there are the
following:
TREASURY DEPARTMENT,
AUDIT DEPARTMENT.
SEED DEPARTMENT
MANUFACTURING DEPARTMENT,
CAKE AND MEAL DEPARTMENT,
REFINING DEPARTMENT,
SOAP DEPARTMENT.
DOMESTIC SALES DEPARTMENT,
FOREIGN SALES DEPARTMENT..
INSURANCE DEPARTMENT.
TRANSPORTATION DEPARTMENT,
LAW DEPARTMENT.