Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-05-02
Hot 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.
porthtion 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 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 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; sturtevant
and Haley, Of Boston; p. Merwin Com
pany, Worcester, Mass: 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 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, q 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 201
and 202 Of the report Of the United
States Commissioners Of Corporations
tells us something upon this subject
'The New Jersey corporation wa
formed for the purpose Of transactinG
certain business which the Illinois
corporation was not authorized "a
transact. Armour and Company, Of
New Jersey operates practically oil
the branch houses for the sale Of beei
and other packing house products sup
piled by Armour and Company, OF ILL
nols. It 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, It 10 merely neces
sary to take the accounts relating Il
the branch houses and those relating
to the Fort Worth aud Sioux Cit!
packing houses The company, how
ever, is q genuine one, having larg'
actual assets Of It's own, not a mer'
paper name. It has no separate book
and no profits separate from those ap
pearing In the accounts Of Armour AM
Company, OF Illinols"
| After reading the above from th
report Of the United States Commits
sioner of Corporations, we would Tx
to ask where our Board Of Assessor
and Board Of Review have beenf
And then the following might clair
the attention Of the Board Of Review
Armour Car Lines Company-Nev
Jersey; $4,000 stock. Directors an
, owners; J. Ogden Armour and ass'
, ciates.
Armour Grain Company-New Jel
. sey; 100000 stock. Directors an
: owners; J. Ogden Armour and ass'
! ciates.
National Packing Company-Ns'
, Jersey; e1S,000vO00 stock. Director
} and owners; J. Ogden Armour. L
Swift. y. =. Swift. Edward Morri
! Ia n. Morris. Z. J. CounorA Thoal