The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1912-07-25
NATIONAL PACKING
COMPANY DISsOLVES
Formal Statement Showing
Distribution OF Assets Given
Federal Attorney.

Chicago, July PA formal state
ment showing the method OF distribu-
ton of the assets of the Nationa
Packing company with q declaration
that the company has been dissolved
was presented to United States Dis.
trict Attorney James II. Wilkerson. to-
day.
Counsel for the packers assured the
federal officers that the distribution Of
the assets had already taken place and
told him that complete details would be
presented soon.
The plan Of distribution adopted by
the owners Of the National Packing
company, which was regarded by the
government as an instrument used to
control the meat industry. will be care
fully scrutinized by federal. officials
attorney general will be allowed to
stand. Should IT be objected to changes
may be made Or court action taken
by the government to Induce compli-
ance with its desires.
More Consultations.
According to the plan set forth by
counsel, the assets Of the National
Packing company have been distributed
in the following n
The G.. II. Hammond company Is talk
en- over by the Swift interests.
The Omaha Packing company plant
at Chicago. the st. Louis Dressed Beef
and Provision company and the United
Dressed Beef company, of New York.
are also acquired by these in control
of Swift and company.
j. Ogden Arrnour takes over the fol-
lowing subsidiaries:
The Fowler Packing company, the
Anglo-American Provisions
and the New York Butchers Dressed
Beef and Provision company, of New
York.
The Omaha Packing company plant
at South Oman is taken over by Nor
ris & Co. There has been a similar
division of the branch houses and sell
ing agencies through the United States,
according to a statement issued by Mr..
Wilkinson. based on the packers re-
port of dissolution.
Property Distributed.
The statement further declares:
The attorneys for the different stock
holders Of the National Packing COM
pany state that the division of the
property of that company in accord
ance with their plans to wind up busi-
ness, has been practically completed.
There has been ar outright division OF
the property of the company and there
Is no joint ownership on the part Of TIN
interest that formerly controlled II,
he property has been distributed
among It's stockholders In proportion
to the amount of stock held by them.
1t is represented that as to absolute
" none of these is there any joint in
i%erests such as characterized the Ma
tional Packing company and its SUBJ
salaries.
TN other words the National Pack
ing company wound up It's business
and it's assets have been distributed
among its stockholders"
Car Company Di~ssoIves.
MI. W1lkerson said that complete
details of the distribution of the prop
erty would be ready in a few days. In
addition to the dissolution of the Ma.
tlonal Packing company, the National
Car Line company, operating the re-
fr1gerator car system of the packers
has also been dissolved and the cars
apportioned to FAC Of the s%tockhold-
ers, the district attorney was Informed
The announcement of the dissolution
was made after a conference between
Mr.. Wilkerson and Attorneys A. r,
ORION. Ralph Crows, M. W. Borders
and Henry Veeders, REPRESENTING the
packers.
Nj. Wilkerson declined to express
any opinion whether the plans Of dis
solution would be approved by the gov
eminent.
All we ask" said Mr.. Wilkerson, "is
that the packers dissolve and dissolve
IN reality, and not on a paper basis
Whether the present plan will be ap.
proved by the government cannot be
determined just now"