Business & Finance: Wilson vs. Swift

After a stockholders' meeting that lasted from 3 in the afternoon to 12:30 at night, stockholders of Wilson & Co., famed packers, refused to adopt a plan of financing which called for the issuance of 250,000 shares of prior preference stock. Opposition to the plan was headed by the New York Stock Exchange firm of Tucker, Bartholomew & Co. which represented existing preferred stockholders, among who are included a few members of the Swift family, also famed packers.

Thomas E. Wilson, in a special letter to the stockholders, assailed the Swift interests as competitors...

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