The morning call., 1892-02-17
AT THE STOCK-YARDS.
A Suburban Holiday at New
South San Francisco.

The annual meeting of the stockholders
of the New South San Francisco Land and
Improvement Company was held in the Of
flee Of p. E. Her at New South San Fran
cisco yesterday. The entire stock of the
company, with the exception of $50 shares,
was represented, many wealthy capitalists
being present. 1t was a holiday for that
portion Of the city, and free carriages were
provided by Buckingham 81 Co., j. T.
Dunn u 90. and the Syndicate Inv estment
Company for the conveyance of the people
from the station 10 the stock-yards, and
accommodating real estate agents were on
hand on the grounds to attend to the WIS.,
itOTs.
The report Of the Vice President of the
company was read to the stockholders, and
was as follows:
The realty OF the South San Francisco Land
and improvement Company consists OF 3400
acres OF land, situated In San MateO County, In
close proximity 10 the city OF San Francisco, ana
having frontage on the bay OF San Francisco
several miles in length. In purchasing this large
tract OF lsnd, situated as 1t Is, 1t should be un-
derstOod by every party In interest that the prl-
mary object IN making this investment, amount
Ing TO very large sum, had in view something
greater than the mere creation OF suburban
town Site Had that alone been the attraction IL
Is safe TO say That not one OF the parties furnish.
Ing the original capital would have put In dol
lar Tor such purpose.
this meeting, desire TO say that IL was con-
ceiYed by The principal promoters Of this enter
prise, who are men in their calling second 10 no
Other set OF business individuals in The world,
that the Pacific COaSt-San Francisco being the
commercial metrOpOlis-was susceptible OF being
made one OF the largest aud most successful live.
stock markets on the continent; and as over
populated Europe Is to-day largely dependent
upon The United States Of America for It's supply
OF food composed Of animal products, it Is be-
lleved that this surplus can be produced and
forwarded FROM this Coast as successfully as IL ls
now being done from Chicago aud ST. Louis; and
TO accomplish this end 1t is only necessary to
provide In this locality what has never hereto
fore exist. and what does not now exist viz:
livestock market OF sufficient pTomineDcy to
encourage the farmers of California and adJoln-
Ing Pacihc Coast States TO make II business 10
raise cattle, hogs and sheep In largely increased
numbers over what is now produced.
For the development and general growth OF an
extensive stOck-yards and packing-nouse plant
we believe We have selected rs favorable, II not
the most favorable, locality 10 be found within
reasonable proximity OF the city of san Fran
cisco, accessible, as IL Is, by rail- as well as by
water the general site being as favorable as II Is
Tor tile adaptabity desired, It Is the purpose OF
The real prOmOt rs OF this company to give the
sIOck-yards unlimited capacity and TO erect
abattOiIs, packlng:and rend ring houses, Gamer
les and fertillZing buildings, modern in all their
appointments, TO such'an extent as TO make The
dustrles as whole as important 10 their com
mrrcial relations to the Pacific Coast as are the
Industries Of the same character in the Mlssls-
Slppl valley and the Atlantic Coast, controlled
and f0stered by the same parties now IN opera
ton in the cities OF Chicago or ST. Louis
In considering this important subject 1t should
be borne In mind that We Will have lne benefit OF
the forty years experience Of the only success
fui canning companies in the East, viz; Nelson
Morris & Co, Fairbanks Canning Company,
Liby, Mcneil & Libby, Amour 81 Co.. whose
brands OF canned meats are known throug bout
tile world.
The development of these industries to the ex.
tent Intended By their promoters viii neces-
sarily, by he natural laws Of trade and com
meIce result 10 material benefit TO the great
State OF California. IL viii greatly promote
immigration as we'll as enhance the
true interest Of every farming Industry through
out The entire western slope OF the Rocky
Mountains. The progress Of this development
Will, OF course, be in proportion TO the growth
In The supply OF cattle, hogs and sheep-ln other
words, Tie producer can always depend upon
there being market al the StOek-yardS OF South
San Francisco for the stock he produces. with
equal confidence Of The farmers Of the great
Mississippi Valley as 10 The markets OF Chicago
aud 81. Louis.
During The calendar year of 1891 there
was imported 10 the Pacific Coast meat prod
ucts follows: Packed meats. $4,000
pounds; meats in bulk, 21,394, 600 pounds;
canned meats, 500, 600 pounds; lard. 6.57S.-
600 pounds making total Of 39,424,O00
pounds, lie greater part, If not all OF which
would have zen The product OF this Coast had
the production been encouraged by such In
huences as this company Is now inauguralng on
its premises at South San Francisco, thus add.
Ing TO the wealth OF the State to the extent Of the
value OF the additional productions.
The amount expended for Improvements made
Dy the company during the year 1891 Is l,3SO,-
300 81. G. W. SMITH.
Immediately after the adjournment of the
meeting of stockholders the Board of Direc-
tors, consisting Of G. F. Swift. Nelson Nor
ris, j. Il. Greenhut, E. j. Martyr, E. r.
Lilienthal, Henry Miller William L. Merry,
II. j. Croker, c. f. Chapman, 2. L. IIer
and c. w. Smith, met and elected the fol-
lowing officers for the coming year: g. F.
Swift, President; c. w. Smith, Vice Presi-
dent; p. +. Her, Second Vice President, and
L. +. Lilienthal, Treasurer.
The stockholders of the company were in
vited to a splendid lunch by Mr. Iler after
the adjournment of the meeting