The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-29

ALFI
| Theodore Havemeyer, bought As per
cent of the stock of the Spreckels com
pany and then sold it at large profit
| to the American company, of which both
were directors.
| In general the petition charges that
the defendants ''for some time past
have been, and are now. engaged in
an unlawful combination and conspiracy
to restrain the trade and commerce
among and between the several states
and territories Of the United States and
with foreign nations IN raw sugar, sugar
beets, refined sugar, molasses. syrups
and other by-products Of raw sugar and
Such unlawful combination and con-
| spiracy is the result and outgrowth of
many years and participated in by de-
PENDANTS, respectively, in the manner
and to an extent hereinafter moro fully
set forth:
In participating in the various acts.
agreements and combinations herein
after described all of the defendants
have been actuated by wrongful intent
to restrain said interstate and foreign
trade and commerce in raw and refined
sugar and related articles and to monop-
olze parts thereof.
The government petitions the court to
decree:
THAT the defendants have been en-
gagged In unlawful combination and con-
spiracy to restrain and monopol!ze trade
and that their officers. directors stock
holders. agents and employees be per-
| petually enjoined from doing any act to
carry out the purpose Of such unlawful
combination. 81. .-...
'That the court adjudge that the
American Sugar Refining company, the
| National Sugar Refining company OF New
Jersey and the Western Sugar Refining
| company Is each in itself an unla wful
combination In restraint of trade and
that each Of them be restrained from en-
gaging In interstate or foreign commerce.
THAT the court adjudge that the shares
| of the capital stock. OF each defendant
| corporation heretofore acquired by any
other corporate defendant were unlawfully
acquired and that each such holder be
enjoIned from continuing to hold such
shares and that the issuing corporations
be enjoined from permitting the exercise
of rights incident to the holding OF such
shares, and that they be enjoined from
| paying dividends to the holders.
Sn1othering Independents.
THAT the shares of capital stock in the
National Sugar Refining company, Utah
Idaho Sugar company. Great Western SUI
gar company and Continental Sugar COM
! Havemeyer were unlawfully acquired by
him and are now being unlawfully used
| by the executors and trustees under his
Will, who are made defendants in the
suit The government asks that the ex-
| ecutors and trustees be enjoined from
| further using the powers incident to the
shares so held by them to bring about
panles and the other defendant corpora
| tions.
"That the defendants be enioined from
ontnuing TO carry out the purposes of
| the unlawful combination and conspiracy
and be required TO withdraw from all con-
nections Herewith.
THAT the court grant such general
| roll 1Iaf W. ~ i,,
| junction receivership or otherwise
| The original sugar combine. the petit
tion sets forth. was the Sugar Refineries
company. which was formed in August,
1887. under the lead of II o. Havemeyer
and embraced companies which together
carried on 80 per cent of the sugar trade
| in interstate and foreign trade Of the
I country at that time.
/ Within two yearsrof the formation OF
the original company IL Is charged the
] 1889 IT obtained the independent Calitor-
MIA company. leaving outside the combI-
nation only the four Philadelphia con-
the arrangement In suit to dissolve the
| North Sugar Refining company, which
was one OF the. parties TO the agreement.
i and the courts held The combination TO be
i Sugar Refining company was formed in
January 1891 and continued the business
Of the combine.
Utah Company Involved
/ From 1882 TO 1900. II Is said. ndepepd
fent refneries started up and others tried
to- One company built plant in Balti-
more. but before II could operate the
American company bought its capital
stock and never allowed IL to operate its
REFINERY. The same thing happened to
the United States refinery 1t is said. In
1896 when 1t built plant al Camden NJ
J. The suppression of the PENNSYLVANIA
Sugar Refining company. which was
brought out in a suit against the Ameri-
can company some years ago. Is also re-
ferred to The California. and Hawaii
Sugar company, controlled by Hawaiian
alleged. by means OF an agreement
whereby the combine was TO pay $500. o0n
a year for three years provided II retired
from the field.
The government charges that ,he
Anne rican' has obtained unfair adyantagr
over competitors by obtaining money on
Imports by custom frauds. as was
brought out in the government recent
suits: by receiving rebates from railroads
sale grocsrs' associations throughout tho
country and keeping up the price OF
sugar.
, A considerable portion OF the petition
is devoted TO tue acquisition by the COM
bine of the beet sugar plants when tina,
industry began 10 grow formidable In
1901 all the companies except the Spreck
concern were independent The Amer
! lean. II IL charged. began its campaign
by sending into the piddle west large
II quantities OF sugar on which II had OBJ
, | taiyed rebates and free storage during
, the summer In the fall which is the
time the beet sugar companies began fc
sell their products the American Is said