Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1902-05-01
FRUIT PACKERS COMBINE.

American Co. Organized with a Capital of
S5,000,OO0 and Takes over the Della
ware, Maryland and New Jersey Con-
Germs.
The American Packing Association, incor-
porated, with capital stock of S5,OOO,OOO,
chartered under the laws of Delaware, was
organized in this city Thursdays at meeting
held at the Clayton House, and the follow
in officers we're elected: President, w. II.
Huston OF Philadelphia; Vice President, W.
l.. Stevens Of Cedaryille, N. j.; Treasurer,
r. Z. Neff of Philadelphia; Secretary, G.
NJ. Deshiell of Princess Anne, Nd; board
of directors, the above officers and Alfred
Bilderback of Salem, N. j., L. l.. Day of
Ridgely, Md, James Wallace of Cambride,
Md, and II. G. Cannon of Bridgeville.
The company has taken over about all of
the fruit and vegetable packing establish
ments in Delaware, Maryland and New
Jersey, 100 in all, the aggregate value OF
which is 100000. There may be two or
three plants not vet in the company. The
| concerns were operated independently here
tofore, but hereafter they are to be under
| the control and general management OF the
American Co., which will, as result of
this transaction, have monopoly OF the
| canning and packing of fruits and veRe-
| tables in the East. One of the members of
the corporation said this morning that every
concern of the kind in the three States, go
far as he can learn, has been absorbed by
the company, and as Delaware, Maryland
| and New Jersey comprise the fruit and
vegetable canning and packing centre OF
| the EAT, the company is in control of the
situation. For that matter, it will virtually
| control the entire market of the country and
proposes to branch out for foreign business.
Its object is, of course, to curtail expenses
| and control the supply and prices. II will
also be in a better position TO control the
fruit and vegetable market, as in the past
the farmers have made different arrange
| ments with different concerns.
While the charter places the capital stock
at $3.50, 900, permission TO increase is given
and the company proposes to increase to the
5000, 900 point. AT the present the COM
pany intends to engage only in the manu-
facture and sale of fruits and vegetables,
but its charter gives it the right to handle
meat, poultry and, in fact, anything that
can be canned and it my branch out in
that direction later.
The main office will be in Philadelphia,
and the selling agents thare will be Comfy 4
Flanagan of No. Is Delaware avenue. 1t will
be represented in Wilmington by its attor
ney, Herbert H. Ward.
The company having organized and go
down to working basis, 1t is in position
to make plans for the coming season, SO fal
as plans can be made at this time. As yet
however,no definite arrangements have beer
made with the producers, although negotia
lions have been opened in some sections o
} the three States. Nothing can be told yet Al
to what 1t will be necessary to pay for the
raw material, neither can anything be tolt
about the prices of canned goods of thi
years pack, both being problematical a
this time.
The company will probably purchase al
of the other canning factories in this part o
the United States that are considered desir
able.