Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1908-02-22
Over Ninety.tw0 Million Dollars Worth
Of Quick Assets On Hand
Just Now.
Hot to Hsntion Fifty Millions Of Dollars
in Capital Stock All Paying
Dividends,
And Yet the Board Of Assessors Gould Only
Find Three Millions to
Tax.

Company, amt 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 City Stock Yards
Company, the Fort Worth Stock Yards
Company, the 81. 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, 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; r. Merwin Com.
pany. Worcester. 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 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, q big Chicago
and Illinois corporation, owns q great
deal of stock In outside corporations,
Among others Armour and Company,
OF new Jogucys
The following taken from pages 201
and 202 Of the report Of the United
States Commissioner Of Corporations
tells u something upon this subject
'.rhe New Jersey corporation wal
formed for the purpose Of transactinl
certain business which the Illinois
corporation was not authorized Il
transact. Armour and Company, Of
New Jersey operates practically al
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 For
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 relatln,
to the Fort Worth aud Sioux CIT!
packing houses. The company, how
ever, IL q genuine one. having larg
actual assets Of its own, not q mer
paper name. 1t has no separate book
and no profits separate from those az
pearing In the accounts Of Armour am
Company, Of Illinois"
After reading the above from tn
report of the United States Commits
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 C0mpany-Ne,
Jersey; $760O00 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'
clates
National Packing Company-Ns
Jersey; s16.O00.000 stock. Director
and owners: ]. Ogden Armour, L.
Swift, p. r. Swift. Edward MORT
<Aa N. Morris, T. ]. Connors. Thorn,