The weekly Republican., 1892-05-19
PACKERS CONSOLIDATED.
A Big Combination to Fight Armour swin
 and Morris.

A Big Combination to Fight Armodr Swift
 and Morris.
 CmcAGo, H., May 14.-Sam Allerton has resigned the presidency of the Chi cago Union Transfer company and II. II. Porter was elected to succeed him. The smaller packers known as the non associates, who have been fighting Ar mour, Swift and Morris, known as the Associated packers in the Union Stock Yards litigation, have combined under the name of the International Packing and provision Company, with Henry Botsford as president. Mir. Botsford is president of the Chicago Packing and provision company and of the National Stock yards, better known as the Stick ney scheme. II. II. Porter, the new president of the Chicago Union Transfer company, which is part of the Stickney scheme, controls the Belt railway of Chicago, and it is said that it will here after be operated in the interest of the Stickney yards. While Mir. Allerton re- tires from the presidency of the Chicago | Union Transfer company, he remains in harmony with the non-associate packers and his packing interests are amalgama- ted in the new International company. | The contracts provide for the amslgama- ton and consolidation of certain firms and companies engaged in the slaugh- tering, packing and provision business. Those who have signed contracts for the sale of their properties and business to one central company to be knownlas the International Packing and Provision company, limited, are: The T. E. Wells company, the International com pany, the Allerton Packing company, Mir. John Cudhay, MT. J. c. Hately, Hately Bros. and Messrs Jones and Stiles.
 The International Packing and Pro- vision company, limited, will be organ ized as an English corporation, and is formed under the auspices and control of the same capitalists who handled the Chicago Packing and Provision compa- ny's limited incorporation some two years since, full advantage being taken of the experience acquired in the former enterprise. The articles of association will provide for principal office in the city of Chicago as well as in London. The meetings of the shareholders can be held in both cities. The plants cover considerably over twenty acres ofground at the stockyards, and there are branch es in other cities. There is a capacity for the slaughter and curing of from TO- GOO hogs in summer to l5, 900 in winter per day, with all requisite improved re- irgeratipg plants and necessaries.
 The capital of the new company will consist of $2,500,000 6-per-cent first mortgage gold bonds, redeemable in twenty years at no, and in addition thereto G400,000 8 per cent cum ulative preference shares and G450- QUO ordinary shares, equivalent 60 about $6 ,500, 900 in all.
 The American directors of the com pany will consist of MT. Henry Botsford as president, who is also president of the Packing and Provision company, limited with him will be Messrs. Thomas E. Wells, john Cudhay, John c. Hately and Wm. Jones. These latter gentle men have been the principal managers of the business now amalgamating, and contracts have been entered into with them by which the management of their respective houses remains in their hands for considerable period. The 1 trustee for the bondholders will be the Illinois Trust and Savings bank, and tranfer agent of shares will be the Am erican Trust and Savlngs bank.