Omaha daily bee., 1902-10-10
WITH
EVERY QUART OF OYSTERS.

VER QUART OF OYSTERS.
One does not appreciate how completely
New Jersey has earned its right to be
called "the home Of trusts until he has
visited three or four buildings in Jersey
City that are given up to their temporary
use, reports a New York letter.
Under the very wide open laws OF Jersey
as to trusts, it is required that corporations
chartered by its authority shall hold their
annual meetings of stockholders upon it's
soil, and that each shall maintain a perma-
nent office within its borders.
1t would be burdensome to the thousand
and one corporations born by the favor Of
the state to keep up a formal appearance
Of being on the ground the year around
for the mere purpose of meeting there once
each year. AS a result, companies have
been formed for the express purpose Of
acting as the local representatives Of these
corporations, for which a charge is made
of so much per year.
Take, for Instance, the Corporation Trust
company, which keeps open ofice for the
American Shipbuilding company, largely OF
Cleveland, which was formed under the
laws of Jersey, and whose annual meeting
was held in Jersey City the other day. It
represents 1900 companies, and one large
office practically serves for the doing Of
the Jersey business OF them all. In the
building other like concerns represent some
5000 companies in all. And this is by no
means all OF the outsiders who are served
In the same way.
Most of these buildings are close to the
river bank, SO that the New York finan-
| ciers who come over once a year to vote
can reach home again at the earliest posi-
BILE moment.
The United States Steel corporation has
an ONCE Of its own in Hoboken.\
A novel cause for divorce is that alleged
by Joseph Madison Of Hoboken. His COM
plant sets forth that his wife has become
a matinee .hend." She is a young and
beautiful graduate Of the Hoboken High
school. Her husband states that they lived
happily together for three years, until, In
the winter Of 1900, she contracted the matt
nee habit. She would go to the theater
Ave or six times a week, devoting her at
| tention chiefly to continuous performances
and to vaudeville. The husband does not
charge her with selecting any particular
idol for histronic worship, but merely with
neglecting her home for the footlights.
From one point OF view says the New
York correspondent OF the Philadelphia
Ledger, Timothy d. Sullivan, who is soon
to be numbered among the statesmen who
compose the house OF representatives at
Washington, Is a model young man He
does not smoke or drink. He is an early
riser. He is thrifty and saving. Born in
the most humble circumstances he is at 81
years OF age a rich man. What a model fol-
the young to pattern afteri Temperance,
Industry. thrift. ambition-he Is a type OF
all these-and they are four great virtues
Yet Mr.. Sullivan's career shows that a mar
may, In his personal habits, be better thar
many men OF ilIustrious character and yet
from the standpoint OF public morals, be al
that is most Objectionable and base. sulli'
van is a product OF the slums He has riser
above the slums In personal fortune, but h'
has carried the slums with him into politics
Like Devery, he is the representative Of
graft, the leader Of the gambling fraternity
and the saloon. The triumph Of these tive
men is an unfortunate thing for the youth
OF this city, many OF whom may be turned
from paths Of honorable ambition by theii
success. OF the two. Sullivan is the more
dangerous. He Is already master OF every
thing below Fourteenth street and II look
as II IL would not be long before he mad
himself master Of Tsmmany Hall"
Captain Richard Walsh. who has just beer
giten police command OF the "tenderloln'
precinct in New York, Is known as Smiling
Dick" among his intimates. One interest
ing and somewhat suggestive circumstance