Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-01-04
Over Ninety.two Million Dollars Worth
of Quick Assets On Hand
Just Now.
Not to Mention Fifty Millions Of Dollars
in Capital Stock All Paying
Dividends,
And Yet the Board Of Assessors Gould Only
Find Three Millions to
Tax

Company, ana 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
sud 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 st. Joseph Stock Yards
Company and the st. Paul Union Stock
Yards Company.
Besides the corporations already
named, the Swifts are said to own and
absolutely control Libby, Mcneil and
Libby, Of Maine; John r. Squire and
Company, 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
many, Worcester. MasA; Springfield
Provision Company, Springfield, Mass. !;
White, Percy and Dexter Company.
Worcester, Mass Halstead and Com.
pany, New York; G. II. Davis and Co..
Norwich. Conn; Bimbler. Van Wage.
men and Company, Newark, New Jer.
sey.
The capital stock Of all Of tho above
corporations being owned In Chicago.
Why don't the people Of Chicago get
the benefit Of 1T
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 a great
deal Of stock In outside corporations.
Among others Armour and Company,
Of New Jersey.
The following taken from pages @01
and 202 Of the report Of the United
States Commissioner Of Corporations
tells US something upon this subject
'.rhe New Jersey corporation was
formed for the purpose Of transacting
certain business which the Illinois
corporation was not authorized to
transact. Armour and Company. OF
New Jersey operates practically oil
the branch houses for the sale Of beet
and other packing house products sup
piled by Armour and Company, OF ILL.,
nois. 1t also owns the Armour pack
Ing houses at Sioux City and Fort
Worth. For convenience the accounts
of Armour and Company, OF New Jer'
sey are carried on the books OF Armour
and Company, of Illinois. TO ascertain
the business transactions Of the New
Jersey corporation. 1t 70 merely neces'
sary to take the accounts relating to
the branch houses and those relating
| to the Fort Worth and Sioux City
packing houses. The company, how
ever, is a genuine one, having large
actual assets Of Its own, not q mere
paper name. It has no separate books
and no profits separate from those ap
pearlng In the accounts Of Armour and
Company, Ut Illinois"
After reading the above from thu
report OF the United States Commits
siOner of Corporations, we would lik'
to ask where our Board of Assessor
and Board of Review have been?
And then the following might CLAIM
the attention of the Board Of Review
Armour Car Lines Company-Nev
Jersey; $4,000 stock. Directors ant
owners; ]. Ogden Armour and asso
ciates.
Armour Grain Compeny-New Jer
sey; 100000 stock. Directors AM
owners: ]. Ogden armour and asso
ciates.
National Packing Company-Nsy
Jersey; $l5.O0O.O00 stock. Director
and owners: J. Ogden Armour, L. Z
Swift, q. F. Swift. Edward Morris
- N. Norris. 7. J. Connors. Tholna