New-York tribune., 1902-07-16
BUTCHER COMPANY FORMED.
TO BUILD MILLION DOLLAR ABATToIR
TO FIGHT TRUST.

At a largely attended meeting of the Retail
Butchers Mutual Protective Union last night
at Terrace Garden, the announcement was made
that the retail butchers had completed their
plan to go into the business of killing and dress
ing beef. The plan includes the erection of
large abattoir in this city, with all the latest
devices and improvements. 1t is to be build
ing six stories in height and with dimensions
200 by $50 feet site has not yet been ac-
quired but there reasons to believe that
the plant will be in the vicinity of Eeventh-ave.
and Fortieth-st. The retail butchers have
formed a stock company with S150OOO capital
in 1900 shares.
About 200 of the 5000 retail butchers in the
city have subscribed for 100000 of the stock.
Ten per of the amount subscribed for is
payable at the time of subscription. 40 per cent
on July % and the remaining 90 per cent
August 90. The entire capital stock is to be sub
scribed for within one year from the time OF in
corporation according to the bylaws.
The corporation will be known as the
New-York Butchers Dressed Beef Company.
Within the next forty-eight hours ex-Register
Isaac Fromme. who is it's attorney. will so TO
Albany to make application for articles of in
corporation. The corporators are thirty, and
include some of the leading retail butchers. The
directors for the first year are Arthur Bloch,
Aaron Buchsbaum. James Weston, Jacob Bloch.
Charles Grismer William G. Wagner and Mayer
Meyers. The plan provides that all the corpo-
ratOrs and those who subscribe for the capital
stock prior to the issuing of articles of incorpo-
ration shall be admitted members without
election Thereafter. safeguard against un-
desirable members. membership may be obtained
only through election.
The estimated cost of the abattoir is more
than 81 100000. Operations will be begun with
a working capital of $4,000 for current ex-
penses.
The first step toward the present action was
taken at meeting of the Retail Butchers Mu-
tual Protective Union, held on June L.. A COM
mittee was appointed to work out the plan, and
obtain subscribers. The committee was COM
posed of the following members: Arthur Bloch,
Aaron Buchsbaum. Jacob Bloch, William c.
Wagner. George H. Shaffer. Charles Grismer
and Isaac Fromme.
This committee declares it has plan by
which the plant will pay reasonable profits at
once, and leave enough margin besides for
graduated rebate for members of the company
on all their purchases.
Arthur Bloch, who presided at the meeting
last night caused considerable commOtion by
annuncing that individual had offered TO
take II per cent of the capital stock. thus CIV
ing him bare majority, and that the ouer had
been summarily rejected. The offer was made
by Wall Street man, who was a personal
friend of Mr.. Bloch.
Before the meeting was called TO order Isaac
Fromme advanced TO the edge Of the platform.
and said:
There are present in this meeting represen-
tatives of concerns hostile to the interests Of
the retail butchers in this city. You all know
what would happen to member OF our union
who tried to intrude upon meeting held by
the concerns referred to-
TRUST AGENTS AT THE MEETING.
Afterward Mr. Fromme explained that the
Swift and Armour concerns had at least dozen
secret agents in the assembly. Men were no
ticed i'll the han who evidently had no ac-
quaintance among the butchers, and who
watched the proceedings closely
When the important announcement had been
made and the retail butchers focked TO the
platform to sign their names TO applicat tions for
stock, each subscriber was scanned closely as
the strangers left the hall and met in the lower
hallway where a whispered conference was
held
We are organizing this stock company" said
Chairman Bloch. not for the purpose of fight
ing anybody. We are simply seeking 20 obtain
Justice protection. independence and self-preser-
walton. We want to stay in business and not
be enslaved by the trust. BY virtue Of a slow
process a small clique of men have practically
enslaved the butchers of New-York. They are
cutting off credits, refusing supplies. and using
in their treatment of methods so arbitrary
and Objectionable that they not only are
shame free and liberty loving people. but
nearly prevent us from making a bare living
out of our business. But tonight we will take
another link out of the chain they have thrown
around u.s.
Mr. Fromme said after the meeting that while
the members of the union fully expected that
the trust would attempt retaliation between now
and the time for the opening of the plant the
butchers had taken steps to meet any such situ-
alton should it arise.