The Saint Paul globe., 1897-09-26
AIR OF PROSPERITY
PERVADES THE UNION STOCK
YARDS OF SOUTH ST.
PAUL
SINCE SHUFELDTE AL. LEFT.
RECEIPTS OF HOGS, CATTLE AND
SHEEP THIS SUMMER LARGER
THAN EVER
NEW LEyEE TO BE CONSTRUCTED.
StOckyards Are Crowded With Busi-
ness and Everybody Full of
Confidence.

The last vestige Of the recent unsat-
isfactory connection of the Minnesota
Packing and Provision company witt.
the Union Stockyards Of South st.
Paul is being swept away, and, under
the management of the officers of the
stockyards company, the entire plant
and business have taken on an air
OF prosperity greater than ever befor
in the history of the institution.
An action has been commenced in
the justice court at South ST. Paul be-
st. Paul Union Stockyards company
against the Dakota Packing company
and Philip S. Shufeldt to eject the de-
PENDANTS from the property known as
the Dakota Packing house, which is
owned by the plaintiff The property
was leased to the Dakota company
Jan. 2, 1885, for the period of twenty
eight months, upon the payment of the
nominal sum of 81, and the agreement
on the part of the lessee to maintain
the plant in operation, to keep it in re-
pair, and to keep up the insurance of
$4,000.
The plaintiff in it's action claims that
the plant has been idle since May l
last, and that the defendants have
failed to keep it in repair, hence it
wishes the lease cancelled The case
has been set for hearing next Tuesday,
but the Dakota Packing company has
been removing it's material from the
building, and it is understood that
eli
surrender of the plant to it's owners,
the Union Stockyards company, and
for an adjustment of the accounts be-
tween the two companies
In discussing the situation and the
action now pending against the Min
nesota Packing and Provision compa-
ny, and its relations with the Union
Stockyards company, Gen. Mark D.
Flower, president of the stockyards
company, gave the following suscinc,
history of the causes which led to a
temporary stagnation of the business
of the yards-a depression which now,
very happily, is thing of the past
The suit now pending against the
Minnesota Packing and Provision COM
pany, of Minnesota, was brought oy
the Minnesota Packing and Provision
company, of England, which latter
company owned and controlled the
stock of the Minnesota company, the
latter company being under the con-
troll and management of Philip S. Shu-
|feldt. Many of the English share
holders took stock in the London COM
pany because of interests already
owned by them in the ST Paul Union
StockyardS company The taking of
stock in the meat company was for
the purpose of building up the packing
house interests of South st. Paul,
which would conserve the stockyards
interests.
Under the articles of incorporation.
the business was located at South ST.
Paul, and Mr.. Shufeldt, without the
authority of his company, entered into
an agreement with parties intereste ]
in the Minneapolis stockyards to re-
injuring the collateral interests of
many of the stockholders. This act
on the part of Mr.. Shufeldt was held
by South st. Paul to be a breach of
faith with the Union Stockyards COM
pany, with whom a lease had been
made for the buildings occupied by
the Minnesota Packing and Provision
company, the CONDITIONS OIL Wn1cn pro-
vided for his occupying said premises
and carrying on the business there for
which they were designed, until Jan.
/, 1898.
After the failure of J. ]. O'Leary &
Son, the Dakota Packing company
house became vacant, and Mr.. Shufeldt
then made overtures to the Union
Stockyards company to rent said house
This led to a division of sentiment
among the directors of the stockyards
company, some of them opposing the
proposition, on the ground that the
two houses had been constructed for
the purpose Of creating on open and
competitive hog market at South St
Paul, and it was assumed that, tc
place both houses under the manage
ment of any one party, would result in
destroying this competition. But, final
Iy, these objections were overcome
upon the pledge and promise of Mr.
Shufeldt that he would organize an en-
tirely separate and independent com
pany with separate officers, and thai
the two houses should be separately
mana ged.
The stockyards company placed i'm.
plicit faith in Mr. Shufeldt's promises
and consummated the lease of the
O'Leary house to the Dakota Packing
company of which he was the prin-
cipal stockholder No sooner had this
been done, however, and he had beer
placed in control, than, it is claimed
he practically quit slaughtering in the