The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-10-27
NEW WHISKY TRUST.
Called the Great White Spirit
Company.
1t Owns Some New Patents and
Will Manufacture the Product
From Molasses.

NEW YORK, Oct. 26-Papers were filed
to-day in the Secretary of States tfiice al
Trenton. n. j.. which indicate the
formation of new whisky trust. The
papers com prise the articles of ncorpora-
ton of concern to be known as the
Grea, White Spirit Company, with a paid
up capital of S5,00O.00O, the total author
IL d capital being limited by the charter to
$50, 900, 600.
The principal Offices and place Of bust
ness of the company outside the State of
New Jersey will be Boston, but it will
carry on business in various other States
and Territories of the United States.
The objects for which the company is
formed are stated in the articles of incor-
poration TO be: TIC make and sell and
buy and deal in spirits and in liquor of all
kinds and sorts; and 10 buy. sell and deal
10 any and all material from which spirits
of any kind may be made. and all material
necessary and Incl lental 10 the business of
dstlliiDg and in general TO carry on the
business of dis,illing in all its branches aud
any business incidental thereto; to pur-
chase. refine, sell. deal in and manufacture
molassrs and sugars of all kinds ard all
products OF the sugarcane, including the
acquisition by purchase, by manufacture,
or otherwise. of all materials. supplies, ma
chinery and all other articles necessary or
convenient for use in connection with and
carrying on the business herein described
The company is also authorized to pur-
chase the goodwill, franchises, stocks and
| patents of any other firm, person or corpo-
ration in any State, and especially to buy,
hire or charter steamships and other YES
sells and 70 employ The same in the con-
veyance of merchandise and passengers
between such ports and places in the
world as may seem expedient.
The $5.G00.0G0 capital stock of the CON-
pauy is divided into 30, 200 shares. OF hat
stock 500. coo is divided into 5000 shares,
and is to be first preferred stock and be
known as guaranteed stock" and 50. OO0.-
coo is to be divided into 10000 shares.
which shall be second preferred stock and
be called preferred stock" and the bal
ance is to be divided into %, 200 shares. to
be called general" or Common" stock.
The guaranteed and the preferred stocks
are to receive per cent per annum. cumu-
lative after January l, 1895. Provision is
made for retiring the guaranteed stock
at 10.
The company is TO commence business
on the Doth inst. The organizers and in
corporators of the company are Robert II.
Dillingham; of East Orange, n. j.. and
David M. Ripley and Edward G. Maiurin
of this city. One of The gentlemen inter
ested In the organization of the company
said to-day that II represented CONT ina-
tion of the New England distillers, with
certain New York men who bad retired
from the present whisky trust. The
new company. he said, owned The patents
for new process for making spirits out of
molasses. and they would have distilleries
in which spirits would be made from corn
and molasses alongside of each other. To
develop and carry out the new departure
In making whisky. he said, the company
had acquired large sugar properties 10 the
West Indies, and il was for that purpose
the company was authorized to buy steam
ships. Two such vessels. he said, had al
ready been bought.