The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1905-06-22
Beatrice Creamery Company
Would Merge with Han
ford Produce Company.
LACKS ENTIRE CONTROL
While Every Attempt Has Been Made
to Add to the 100000 Stock Now
Held, Local Men Still Domi.
nate in the Hanford.
tFrom the Sioux City Tribune1

The HanfOrd Produce company.
f5Oo. 900 corporation. and the largest
creamery company In Iowa. may be-
come a part OF the Beatrice Creamery
company. a t3.Ooo.Oo0 corporation. COM
monty known throughout the west. be-
cause OF It's size. as the creamery
trust
Every effort has been made by the
Beatrice Creamery company To secure
control OF the big creamery company
In Sioux City. but according to Presi-
dent A. 3. Hnnford the control OF the
concern IL still I'm tie hands OF Sioux
city people. but later may be absolutely
controlled by the Beatrice Creamery
company. The latter has eighteen
great plants In the west and southwest,
practically controlling dairy products
in the west.
For a considerable period the Hanford
Produce company and the Beatrice
Creamery company have had joint In
| terests. even to the extent OF buying
together and using the same trade
mark OH certain brands OF butter and
other products.
Recently George r. Haskell. president
OF the Beatrice Creamery company. In
creased his personal holdings In the
Hanford Produce company TO 100000.
which IL two-thirds OF the comtaon
stock. or two-fifths Of the entire cap
ital OF the corporation.
Would kesp Control Here.
BY many this In considered sufficient
evidence that the big 81 900. 600 corpora
ton controls the Sioux city plant.
though Mr.. Hanford. president OF the
Sioux city company. contends that
500 600 OF common stock and the 500. 900
OF preferred stock. held by the Farm
ers Loan and Trust company. N SUI
flcient To keep the creamery trust"
from gaining absolute control Of his
company.
George T.. Haskell. president Of the
Reatrice Creamery company. IN the
vice president OF the Hlnford Produce
company. and the Beatrice Creamery
company also has two representatives
on the board az directors OF the Sioux
city company.
4 vigorous attempt was made To Sc
cure a controlling interest In the Han
ford Produce company In January OF
this year. when the Beatric" Creamery
company Increased It's capitalization 10
81. ZOO. 900 and took over the plants and
business OF the Continental Creamery
con- pRny. u si.O00.OOO corporation.
Would Buy Through Agents.
For some time ~ has been the In
cent Of Sioux CITY business men To Eain
controlling interest I'm the Hnnford
Produce company and retain that In
teresi ut home. This desire has 50 far
defeated the plans ~ the Beatrice
Creamery company. Failing To secure
the stock directly. the Beatrir" com
many proceeded through other agencies.
Including Booth a. Co. who wer" will
Ing To subscribe for any amount az the
stock. Rut Booth g. 60. were known "a
represent the creamery trust. md their
proposition 20 huv stock nj a good pre-
mium was declined.
when the Harforh Produc" comp ny
was rrcrganizei rnccnilv With can
ital stock ~ $500 600. 5000 900 nr"f nrr"d
and $500 600 cor-lunn sock. ~" H"a =
trice Comunnv n=nin attempted to SCI
cure controlling interest and merge
~ with their dozen pln0' IN IN" west
nud southwest controlling ne th"v 10.
the dairy produc's of the west. George
T.. Haskell rrssidsnt ~ 'Ne Rentrir'
comDany. nrallv secured 5000 90" worth
OF tho cnmwon S'o"h. while 800 900
was tnt"r by NJ. Hnnfnrd nrd his
Sioux CITY "syocIaf"s The Farmers
Loan and Trust comrany agreed IN
take $500. 600 ~ ~" pr"'Hrrei stcrr ~
fnanrinl agents for I's sale. Sirr,
Loan a"d Trust company has disros"s'
~ 800 900 worth ~ the prefsrr".l
stock. supposedly 70 small investors. 10
whom they guarantee . per cent. In
terest.
Business Is Enormous.
AZ the present time President Has
kell IL In Europe. but II Is thought his
agents will be uncensing IN their ef-
forts 20 secure control 81 the Hanfnrd
company. and should they succeed the
big plant In Sioux City viii become .
part OF the greatest creamery COM
pany In the world. having n daily out
put OF over 500. 900 pounds OF butter
at different plants OF the company.
Something OF the enormity OF the bus.
mess NAV be gained from the fact that
the Hnnford Produce company manu-
features 1000. os0 Ia 1900. 600 pounds Of
butter every month. and last Sunday
alone $4,000 pounds. More butter was
manufactured in Woodbury. county last
year than In any other county In Iowa
rs n result of the enormous amount Of
cream collected nv the HRnford Pro-
duce company. and put on the market
as q finished product. Contracts for n
~uarter OF million pounds for the
United States navy We're f1lled here.
Has Eighteen Big Plants
The Beatrice Creamery company
he Hanford company. being capitalized
al six times as much. This great
creamery corporation has plants at
Dss Moinss Topeka. Lincoln. Beatrice.
Kansas city, ST. Louis. oklahoma city.
Pueblo. Denver. Cheyenne. DeadwOod
and other cities in the west and south
west. buying a large share Of the cream
OF several states. The states OF Me-
brnska. Iowa. Missouri Colorado and
Kansas are dotted with separating sta
tons OF this great creamery company
every railroad train running into one
OF the large plants brings In hundreds
Of cans OF cream and every freight
trains going out takes to the eastern
markets carloads OF products from ire
factories.
Gradually the creamery trust" 10
winding itself about the smaller con-
Germs OF the country. having already
banished the Chu-ns OF the farmers
wives. and within "A few years, II Is
said. will control the entire dairy pro-
ducts OF the west.