Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-03-28
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, anti 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 I'LL.
nols, 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 Swlfts are said to own and
absolutely control Libby, Mcneil and
Libby, Of Maine; John p. Squire and
Company, a New Jersey corporation,
with q 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. Halstead and Com.
pany, New York; G. II. Davis and Co.,
Norwich. Conn.,. Bimbler, Van Wage.
men and Company, Newark, New Jer.
soy.
The capital stock Of all Of the above
corporations being owned In Chicago
Why don't the people Of Chicago gel
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 aud Company
VI GNcW ScSocJs
The following taken from pages 29l
and 202 Of the report Of the Unitet
States Commissioner Of Corporations
tells US something upon this subject
'.rhe New Jersey corporation wal
formed for the purpose OF transactlni
certain business which the Illinoi'
corporation was not authorized Il
transact. Armour and Company, O.
New Jersey operates practically oil
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 Arm0u
and Company, Of Illinois. TO ascertain
the business transactions of the New
Jersey corporation, It 10 merely necea
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, Is a genuine one, having larg
actual assets Of Its own, not mer
paper name. 1t has no separate book
and no profits separate from those al
pearing In the accounts Of Armour an
Company, Of Illinois"
After reading the above from til
report of the United States C0mmiI
sioner Of Corporations, we would Tx
to ask where our Board Of Assessor
and Board of Review have been3
And then the following might clail
the attention Of the Board Of Review
Armour Car Lines Company-Ne
Jersey; $750.O00 stock. Directors an
owners; ]. Ogden Armour and ass
ciates.
Armour Grain C0mpany-New Je
. sey; 100000 stock. Directors an
owners: ]. Ogden Armour and ass
ciates.
National Packing Company-Ns
Jersey; $1b.O0OO00 stock. Directo
} aud owners: ]. Ogden Armour. L
Swift. d. y. Swift. Edward Morri
N&a N. Norris. T. J. Connors Thorn