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Dawson, Terrell County, Georgia
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John D. Rockefeller plans to form a trust to control the cattle and beef business like his oil empire. Geo. B. Loving of Fort Worth travels to New York to finalize the deal, having secured options on 50 cattle ranches with over a million cattle after a year of work; the trust was nearly formed last spring.
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Rockefeller Plans to Control the Beef as He Does the Oil Business.
Long-horned western cattle are to join the long procession of things that pay tribute to John D. Rockefeller as master. The Standard oil magnate is forming a trust, the aim of which is to control the cattle business. Geo. B. Loving of Fort Worth has gone to New York where, says he, he will close with Rockefeller a deal that will make the combination the master of the Texas cattle business. Loving says that he has been at work on options on the fifty plan cattle ranches for a year and has the start in business with more than a million cattle. He thought he had the trust practically formed and wanted the last papers signed last spring. This says Loving, as much has the leather trust but of the formal scheme Rockefeller formed the combination the says last into practically wanted the Loving the Rockefeller formed formal scheme the says last leather that signing spring This as much has trust but of papers to the of the beef business as he is of the oil business.
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Location
Fort Worth, New York, Texas
Event Date
Last Spring
Story Details
Geo. B. Loving of Fort Worth negotiates with John D. Rockefeller in New York to form a cattle trust controlling the Texas beef business, with options on fifty plan cattle ranches and over a million cattle after a year of work; nearly finalized last spring.