Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-05-30
Over Ninety.two Million Dollars Worth
Of Quick Assets On Hand
Just Now.
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.
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 Cay Stock Yards
Company, the Fort Worth Stock Yards
Company, the 81 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 r. Squire and
Company, q New Jersey corporation,
with q 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 MaiHe; sperry and Barnes
Company, Of Connecticut; sturtevant
and Haley, Of Boston; r. Merwin Com.
pany, Worcester, Mass; Springfield
Provision Company, Springfield, Mass. {;
White, Percy and Dexter Company,
Worcester, Mass. Halstead and Com
pany, New York; @. H. Davis and Co.,
Norwich. Conn. Blmbler. Van Wage
men md 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 III
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 . 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 Unltsd
States Commissioner Of Corporations
tells 10 something upon this subject
The New Jersey corporation wa
formed for the purpose Of transactins
certain business which the Illinoii
corporation was not authorised II
transact. Armour and Company, Of
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
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 Armour
and Company, Of Illinois. To ascertain
J the business transactions Of the New
Jersey corporation, It u merely neces
sary to take the accounts relating b
the branch houses and those relatin,
to the Fort Worth aud Sioux CIT!
packing houses The company. bow
| 6vSge - u BOuussS0 WV ssovssso 49,
. actual assets Of ~ own, not Q mer
paper name. II has NO separate book
and no profits separate from those 90
! pearlng In the accounts Of Armour an
, Company, Of Illinois"
, After reading the above from tn
report OF the United States Oonamil
1 sioner Of Corporations. We would Tx
I to ask where our Board Of Assessor
/ and Board Of Review have beenf
) And then the following might clail
the attention Of the Board Of Review
Armour Car Lines Company-Ns'
= Jerssy; $4,000 stoci. Directors On
2 owners; ]. Ogden Armour and ass'
!, ciates.
Armour Grain Company-Nsw j.
!. reg; 100000 stock. Directors On
{ owners: J. Ogden Armour and -
Y ciatea
National Packing Company-Ns
y Jersey; 41B.000yO00 stock Director
. and owners; J. Ogden Armour. l.
Swift, y. =. Swift, Inward MORT
o Ne n. Morris. =. J. CcunorA Thoual