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

Chicago, July GA formal state
ment showing the method or distribu-
ton of the assets of the Nationa
Packing company with a declaration
that the company has been dissolved
was presented to United States Dis.
trict Attorney James H. Wilkerson. to-
day.
Counsel for the packers assured the
federal officers hat the distribution OF
the assets had already taken place and
told him that complete details would be
presented
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 s~crutinized by federal officials
and If 1t meets the approval Of the
attorney general will be allowed to
stand. ShouldH 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, h assets Of the National
Packing company have been distributed
in the following
The G. H. Hammond company Is TAX
en- over by the Swift interests.
The Omaha Packing company plant
at Chicago, the st. Louis Dressed Beet
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 Armour takes over the fol-
lowing subsidiaries:
The Fowler Packing company, the
and the New York Butchers Dressed
Beef and Provision company, Of New
York.
The Omaha Packing company plant
at South Omaha 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
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 tn,
property Of that company in accord.
ance with their plans to wind up bust
ness, has been practically completed
the property of the company and Their
Is no joint ownership on the part of TIN
Interest that formerly controlled H.
The property has been distributed
among Its 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 sub
salaries.
In other words the National Pack
ing company wound up its bushes
and it's assets have been distribute,
among its stockholders"
Car Company DissoIves.
Mr.. Wilkerson said that complet
details Of the distribution of the prop
erty would be ready in a few days. I
addition to the dissolution of the Ma
tional Packing company, the Nationa
Car Line company, operating the re
frigerator car system of the packers
has also been dissolved and the car
apportioned 20 each Of the stockhold
ers, the district attorney was Informed
The announcement of the dissolutio.
was made after a conference betwee,
Mr.. Wilkerson and Attorneys A.. r
Urion, Ralph Crows, M. W. Border
and Henry Veeders, representing tn
packers.
Mr.. Wilkerson declined to expires
any opinion whether the plans Of dis
solution would be approved by the gov
eminent.
"All we ask" satd Mr.. wilke-son, q
that the packers dissolve and dissolv
in reality, n not on a paper bash
Whether the present plan will be an
proved by the government cannot b
determined just now"