Richmond daily palladium. [volume] (Richmond, Ind.) 1876-1904, 1902-01-25
If,
The Agreement by Which
the Ice Combine Controls
the Production, Price
and Delivery of Ice
in This City.

AS noted BY rs yesterday, under
the rulings of Judge Hedlngton the
private agreement IN the Ice combine
effected last April was produced in
conrt. We give the giet of this
agreement below for public infsrma-
tion.
This agreement made al d entered
into this llth day of June, 1901, by
and between the Union Ice company,
Incorporated, aad Bsnjamin B. John
SOD, Z. X. Shefa ana Joan Starr.
constituting the firm of Shera Il
Starr and Oliver Test, all of the city
of Richmond, Wayne county, wit
nesseth
All the above parties are engaged
in the ice business in said CITY of RicE-
moud. The said parties have agreed
together that it will be for their mu-
tual advantage and interest to form
among them elves a company for the
handling. sale and delivery Of all ice,
natural and artificial, and have mu-
tually agreed upon the formation OF
a general company, for the purchase,
sale and delivery of all ice used in
the Richmond market. The com
panv is not to be incorporated. The
capital is to be $4,000; the Union
Ice company to contribute so per
cent. of the capital and receive 30
per cent. of all the net profits; b. B.
johnson to contribute 30 per cent. OF
capital and receive 30 per cent. OF
profits. The other two firms, Shera
l. Starr, and Oliver B. Test to con-
tribute 10 per cent. each and recei re
10 per cent. each The business
is to be Conducted, managed
and controlled by four trustees
Otto Rettig for the U. |. Co f. X.
Shera, B. b. Johnson and Oliver
Test the others This executive
con- mittee elect John g Scnwegmau
to manage the business; B. Is Jahu-
son for secretary aud treasurer; Wal
ter Test for collector, all under bond
The compensation of these officers is
$l5 per week to each one during the
ice season.
All of these ice companies are to
deliver their ice to the general com
panv, who is to handle the selling
and delivering, etc under the name
OF the Richmond Ice Delivery com
pany, al the following prices:
For natural ice. $3.50 per tor
artificial ice ~ 80 per stop. The
Richmond Ice Delivery company
shall not purchase, manufacture. or
put up ice, nor purchase ice else
where, or from any other company
or persons. Each company ir the
combine to deliver to the company
an amount of the ice il sells pro-
portionate to the amount of stock
hid bv them. The Richmond Ice
Dsiivery company is TO be the only
parsies who shall sell or deliver ice
for these concerns In the combine.
The Delivery company is To fur
nish all borses, wagons. tools
and labor, etc, for the
payment for ice, salaries aud all ex
peuse,, the net proceeds to be di-
yijed between the companies IN the
com oine according to their proper
ton of stock The purpose and OBJ
jact being that each of the parties
Ia the combine shall receive from
the delivery company payment for all
ice sold ii bv them and participate IN
all profits of its business.
The agreement is for five years
from April l, 1901.
The parties also agree not to saL
ice except through the delivery com
pany: that they will not sellor dispose
OF their plants or ice business other
wise than bv agreement with the
purchaser that he shall become
member of the combine. The con
tract also states that the prices for
ice sold the public have been previ-
ously agreed to by all the parties.