The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-01-05
GOES INTO DETAILS.
Arthur Colby Describes the Organiza-
ton of Meat Trust.

Chicago, Jan. "Details of the or
ganization of the National Packing
company formed March IS, 1903. with
capital of $15,00O,000, to operate the
thirteen independent packing COM
panies previously acquired by the Ar
mour, Swift and Morris interests to
be included in the proposed billion
dollar" mercer, were given the jury
today in the trial of the ten Chicago
packers charged with conspiracy in
restraint of trade.
The incorporators were given as
Louis B. Daley and Kenneth McLAren,
officers of the Corporation Trust com
pany. of Jersey City. N. J., and W. H.
Mitchell.
Arthur Colby. a director, assistant
secretary and assistant treasurer of
the National Packing company, was
the fourth witness called by the gov
eminent He was questioned at length
regarding the methods of accounting
used by the company.
Mr.. Colby came to Chicago in 1908
and obtained employment with the Ma
tional Packing company as its secre-
tary. Two years later he was elected
a director and made assistant treas
urer.
Are you familiar with the business
of the National Packing company %
said Attorney James H. Wilkerson.
"On1y with the office and account
ing end of the business" replied
Colby, who then gave q list of the sub
sidiary companies operated by the Ma
List of Subsidiaries.
G. II. Hammond & Co.
Hammond Packing Co.
Angelo-American Provision Co.
Omaha Packing Co.
United Dressed Beef Co.
St. Louis Dressed Beet and Provis
ion Co.
New york Butchers Dressed Beef
Co."
Western Packing Co.
Colorado Packing Co.
Ruddy Bros.
Plankington Packing Co.
Smith Bros.
Handy Bros
Mr.. Wilkerson introduced in evil
dence the minutes of the first meeting
of the National Packing company,
held March IS, 1903 in Jersey City.
The bylaws of the corporation were
read by counsel for the government
1t was organized under the laws of
New Jersey with a capital stock of
SIS, 100000, to 'engage in the packing
business and such other enterprises or
Industries this corporation may
deem advisable"
A provision created an executive
board with authority to exercise all
the powers of the board of directors.
Details of the purchase of the g in
dependent packing companies for
of the National Packing company
were given in a resolution adopted by
the directors at their first meeting.
The contracts relating to the trans
fer of the properties specified that
each plant was to be operating indie
pendently under the old name.
Minutes of the Meeting.
The minutes recited that after the three
incorporators had formed the National
Packing company Kenneth McLaren re-
tired as president and Louis B. Daily and
W. H. Mitchell resigned directors,
these officers being chosen;
President, Jesse B. Lyman
Secretary and treasurer, James D.
Standish.
Directors-J Ogden Armour. G. f.
Swift. Edward Morris, P. A Valentine,
arthur Meeker, Edward Tilden, A H
Veeder, Thomas E. Wilson, Jesse P Ly-
man. James D. Standish and Kenneth
AfcIIaren. Later. Louis F. Swift
ceeded A. H. Veeder as director
The stock of the corporation was held
BY the Armour. Swift and Morris inter
ests and in 1906 Edward Tilden was made
president
District Attorney Wilkerson then Of
fered in evidence two ledgers containing
records of directors meetings of the Ma
tional Packing company from March 2,
1903 to June s, 1910, after they had been
identified by Colby. Counsel for the de-
PENDANTS vigorously objected to the intro
ductfon of this evidence and the jury was
excused while the attorneys argued the
question