Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-04-04
Over Ninety.two Million Dollars Worth
Of Quick Assets On Hand
Just Now.
Not to Mention Fifty Millions of Dollar,
in Capital Stock All Paying
Dividends,
And Yet tho Board Of Assessors Gould Only
Find Three Millions to
Tax

Company. anu Swift Live Stock Trans.
portation Company, corporations Of the
State Of Maine.
Swift Beef Company, Limited, do
Ing business In Great Britain.
Swift Packing Company, selling
agents for Swift and Company, Of iii.
nois, In Germany.
Swift and Company, Of Illinois, are
said to own large blocks Of stock In
the Union Stock Yards Company, Of
Omaha, the Kansas City Stock Yards
Company, the Fort Worth Stock Yards
Company, the 81. Joseph Stock Yards
Company and the st. Paul Union Stock
Yards Company.
Besides the corporations already
named, the Swlfts are said to own and
absolutely control Libby, Mcneil and
Libby, Of Maine; John p. Squire and
Company, a New Jersey corporation,
with big packing plant In Cambridge,
Mass, and branches oil over New Eng.
land: Boston Packing and Provision
Company, Of Massachusetts; New Eng.
land Dressed Meat and Wool Company,
OF Maine; North Packing and Provision
Company, Of Maine; Sperry and Barnes
Company, Of Connecticut; Sturtevant
and Haley. Of Boston; p. Merwin Com.
pany. Worcester. Mass; Springfield
Provision Company, Springfield, Mass. ;
White. Percy and Dexter Company,
Worcester. Mass. Hnlstead and Com.
pany. New York; c. H. Davis and Co.,
Norwich, Conn. Bimbler, Van Wage.
men ana Company. Newark. New Jer-
sey.
The capital stock Of all Of the above
corporations being owned in Chicago
Why don't the people Of Chicago get
the benefit Of IT.
The Board Of Review certainly ought
to get enough out Of them to enable
the city to equip good street car line
Armour and Company, big Chicago
and Illinois corporation, owns q great
deal Of stock In outside corporations
Among others Armour and Company
Of New Jersey.
The following taken from pages 20l
and 2O2 Of the report Of the United
States Commissioner Of Corporations
tells US something upon this subject
THE New Jersey corporation wal
formed for the purpose Of transactini
certain business which the lllinoi'
corporation. was not authorized t
transact. Armour and Company. o.
New Jersey operates practically al
the branch houses for the sale Of bee
and other packing house products sup
piled by Armour and Company. of I'LL
nois. It also owns the Armour pack
Ing houses at Sioux City and For
Worth. For convenience the account
Of Armour and Company, OF New Jer
sey are carried on the books Of Armou
and Company, Of Illinois. 10 ascertain
the business transactions Of the New
Jersey corporation, 1t ID merely neces
sary to take the accounts relating t
the branch houses and those relatin
to the Fort Worth aud Sioux Cit
packing houses. The company, how
ever, IL a genuine one. having larg
actual assets Of Its own, not a mer
paper name. 1t has no separate book
and no profits separate from those al
pearlng In the accounts OF Armour an
Company. Of Illinois"
After reading the above from til
. report Of the United States Commi
| sloner of Corporations, we would llk
| to ask where our Board Of Assessor
l and Board of Review have been2
3 And then the following might clail
the attention Of the Board Of Review
!. Armour Car Lines Company-Ne
Q Jersey; $76O.OO0 stock. Directors an
2 owners; ]. Ogden Armour and ass
), ciates.
Armour Grain Compsny-New Je
!, sey; 100000 stock. Directors al
4 owners: ]. Ogden armour and ass
Y clates.
National Packing Company-Ns
n Jersey; sl5.OO0.O00 stock. Directo
o and owners: ]. Ogden Armour. L.
Swift, r. F. Swift, Edward Morr
n S.a N. Norris. T. ]. Connors, Thorn