Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-03-07
Over Ninety.two Million Dollars Worth
Of Quick Assets On Hand
Just Now.
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, anu Swift Live Stock Trans
portatlon 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 Swlfts are said to own and
absolutely control LIBBY, Mcneil and
Libby. Of Maine; John r. Squire and
Company, q 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; c. II. Davis and Co.,
Norwich. Conn.,: Dimbler. 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 good street car line.
Armour and Company, a big Chicago
and Illinois corporation, owns q great
deal Of stock In outside corporations.
Among others Armour aud Company,
Of New Jersey.
The following taken from pages 201
and 800 Of the report Of the United
States Commissioner Of Corporations,
tells US something upon this subject
'.The New Jersey corporation was
formed for the purpose Of transactina
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 beef
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 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. 10 ascertain
the business transactions OF the New
Jersey corporation, It 10 merely neces
sary to take the accounts relating Il
the branch houses aud those relatin:
to the Fort Worth and Sioux CITY
packing houses The company. how
ever, Is q genuine one, having larg'
actual assets OF Its own, not = mer'
paper name. 1t has no separate book
I and no profits separate from those an
pearing In the accounts Of Armour ant
Company, Of Illinois"
After reading the above from tn
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 clair
the attention Of the Board Of Review
Armour Car Lines C0mpany-Ne,
Jersey; $75O.O00 stock. Directors an
, owners; J. Ogden Armour and ass'
-, ciates.
Armour Grain Compery-New Je
!, sey; 100000 stock. Directors an
{ owners: ]. Ogden Armour and ass'
ciates.
National Packing Company-Ns
. Jersey; $l5.O00O00 stock. Director
Q and owners: J. Ogden Armour, L.
Swift. n. ". Swift, Edward Morri
D Nd N. Norris. T. ]. Connors, Thorn,