The Paducah sun. [volume] (Paducah, Ky.) 1898-1906, 1903-03-25
"A LARGE CONCERN
Former Paducahans Interested
in Packing House.
May Be Established in Connection
with Their Stock Yards at
Louisville.
rs. 900 INVOLVED IN 1T
rs. 900 INVOLVED IN IT

Several former Paducahans are tn
terested in a big concern that will be
built in Louisville. These gentlemen
are now part owners OF the Central
stock yard at Louisville. Mr.. r. O.
Watkins, formerly travelling freight
agent for the Illinois Central with
headquarters h'r snt Mr.. Harry Ash
craft, q son of Major J. H. Ashcraft,
of Paducah, are the principal owners
of the stockyards.
Yesterdays Louisville Herald says:
The packing house to be operated in
connection with the Central Stock
yards is finally 70 be built. The plant
will cost $500 Eastern capital
lists. IL is stated, who have not before
been identified with the deal. have be-
come interested, and will be here this
week to look over the ground. The
packing house is to be built at the
Central STOCK yards. Work is ex-
pected to begin within the next thirty
days.
Although eastern capital is to be in
terested, the Central Stock Yards COM
pany is to be the largest stakeholder.
That company will next week issue
$50, 900 Of per cent bonds, and it is
said that arrangements have already
been made to float these bonds, so that
there will be no delay in beginning
work on the plant.
The Louisville Trust company will
be the trustee for the banks, and A.G.
wetterer. the secretary, said yesterday
that he understood the improvements
were to be made at once.
The Central Stock Yards company
last week executed mortgage on its
entire property for the purpose, il was
stated at the tine, Of ing up
number of other mortgages. Yester-
day it developed that the mortgage
was executed for the purpose Of issu-
ing bonds.
Rush Watkins. the vice president of
the Central Stock Yards company, yes
terdsy said:
1.-THE plans for the packing house at
the Central Stock yards have been
about completed. We have decided to
build out at the yards. Further than
this we do not care to make any state
ment, as the opposition to Us is so bit.
ter. We have decided that ii is best
to say practically nothing about our
plans until we are ready to go ahead. "
About six months ago the question
Of putting up an immense packing
house for the utilization Of the cattle
brought to the stock yards, which were
not sold, was suggested. 1t WAS first
intended to build the packing house
at the stock yards, but the sewerage
system in that part Of the city was
found to be Inadequate. Later the
owners of the stock yards interested
Henry Rauth, packer OF Indianapo-
lis. in the plan, and lot was purchas-
ed on Story avenue near Frankfort.
Mr.. Rauth is said to have dropped out
of the deal. and last week the lot was
resold TO its original owner.
Now the plan nus been taken up
again, this time with every promise Of
pushing it 10 a successful completion.
The plan of those interested is to pro-
vide their own sewerage system, thus
removing the only objection to the To-
cation at Central Stock yards.
The Central Stock Yards property,
which cost over s1o0, 900, is regarded
as one of the most complete in the
country. 1t is owned by Captain Sam
s. brown of Pittsburg. I. F. Brainsrd
and other eastern capitalists. Rush
Watkins is the local representative of
the syndicate.