Chicago eagle., 1908-03-14
Over Nlnety.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, ano 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 St Joseph Stock Yards
Company and the 81 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 p. Squire and
Company. New Jersey corporation,
with big packing plant In Cambridge,
Mass, and branches all 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: eturtevant
and Haley, Of Boston; p. Merwin Com.
pany, Worcestsr, Mass; Springfield
Provision Company, Springfield, Mass. ;
White, Percy and Dexter Company,
Worcester. Mass; Halstead and Com
,pany. New York; G. H. Davis and Co.,
Norwich. Conn. Bimbler. Van Wage.
men and Company. Newark. New Jer.
sey.
The capital stock Of oil 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 q 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.
Tho following taken from pages 291
and ZOE Of the report Of the United
States Commissioner Of Corporations
| tells 10 something upon this subject
'.The New Jersey corporation VA
formed for the purpose Of transactina
certain business which the Illinois
corporation was not authorised r
transact. Armour and. Company. oi
New Jersey operates. practically al
| the branch houses for the sale Of beel
| and other packing house products sup
piled BY Armour and Company, Of I'LL
noix It also owns the Armour pack
Ing houses at Sioux CITY and For'
Worth. For convenience the accounti
Of Armour and Company. Of New Jer
sey are carried ON the books Of Armour
and Company, Of Illinoia To ascertair
the business transactions OF tho New
Jersey corporation. II 10 merely nsces
sary to take the accounts relating q
the branch houses and those RELATING
to the Fort Worth and Sioux Oft.
packing houssa The company, bow
ever, 10 Z genuine one, having lars
actual assets Of IL own, not . mer'
paper name Il has no separate book
and no profits separate from those ap
pearing In the accounts OF Armour AM
Company, Of Illinoia"
After reading the above from th
report Of tho United States Commil
sioner OF Corporations. We would llk
to ask where our Board Of Assessor
and Board Of Review have beeni
| And then the following might clair
the attention Of ths Board Of Review
Armour Oar Lines Company-Nev
Jersey; 9760.00O stock. Directors an
owners; J. Ogden Armour and asss
ciates.
Armour Grain Company-Nsw Jel
sey; 91,OO0.O00 stock. Directors IN
owners; J. Ogden Armour and ass'
clates. S
National Packing Company-Nsv
Jersey; e1b.O00O0O stock. Director
and owners; ]. Ogden Armour, l.
Nwlft p. =. Swift. Edward Morri
J NJ n. .lenrrla 7. J. Connora Thoaa