407 E. 12th St, Alton, IL 62002 | (St. Louis, MO Area)

 (618) 474-9100 or 1-866-The-BEALL

Beall Mansion Bed & Breakfast St. Louis

Sale of Drummond Tobacco

U.S. Supreme Court
U.S. v. AMERICAN TOBACCO CO., 221 U.S. 106 (1911)
221 U.S. 106

Referring to the occurrences of the year 1891, as in all [221 U.S. 106, 160] respects typical of the occurrences which took place in all the other years of the first period, that is, during the years 1892, 1893, 1894, 1895, 1896, 1897, and 1898, we content ourselves with saying that it is undisputed that between February, 1891, and October, 1898, including the purchases which we have specifically referred to, the American Tobacco Company acquired fifteen going tobacco concerns doing business in the states of Kentucky, Louisiana, Maryland, Michigan, Missouri, New York, North Carolina, and Virginia.

For ten of the plants an all-cash consideration of $6,410,235.26 was paid, while the payments for the remaining five aggregated in cash $1,115,100.95 and in stock $4,123,000. It is worth noting that the last purchase, in October, 1898, was of the Drummond Tobacco Company, a Missouri corporation dealing principally in plug, for which a cash consideration was paid of $3,457,500.

National Geographic Tourism   Association of Lodging Professionals
  American Hotel & Lodging Association   Illinois Bed and Breakfast Association   Illinois Are You Up For Amazing   Great Rivers & Routes of Southwest IL   Meeting of the Great Rivers All Around Alton Illinois Convention and Visitors Center   Alton Illinois Main Street     St Louis CVC St. Louis Convention and Visitors Commission   Looking for Lincoln Americas Byways Illinois Romantic Places Illinois Greater St. Louis    

Beall Footer Rose