Show STARTLING ST ARTLIN PACTS fACTS IN THE TH OF N Developments Which Show the file Clever Manner M in Which New Eastern stern Com Company ComDon pil Don pany V Has Handled Preliminaries That Led to Present Situation The fight for creamery supremacy y in this state took to k kon on an unlooked-for unlooked phase this morning when v hen it was announced announced an an- noun ed fl from om a reliable source that the new Jensen creamery cream- cream cry en- had obtained a one-fourth one interest in the tile Elg Elgin creamery cream ery by one of the smoothest deals in financing on record This interest will allow the rival company to examine tha books and acco accounts of the Elgin company at will Competition for creamery business has been beon keen in Ut Utah h for several o eral years yeat with the Faust creamery finan financed ed uy local men and the Elgin company rIso a local conCern concern the rival leadens With the tho failure of the Fa Faust st ri i-ri amery am am- cry ery this spring sprin A. A P. P ard V. W. F F. Jensen two creamery ma magnates natel with houses in almost t every city ity of the west wet entered the tb field with the intention intention intention tion of addin adding the Utah trado to the big bis trust syndicate they have e formed form The They took They took over the the business of the Faust Faus concern and immediately imme be begun un the tho fi fight bt to crush the tho El Elgin n. n Storage Monopolies The story of their first step top to this end was waa t told ld in THE F E EL L I lt TELEGRAM TELE TEYE GRAM on Frida Friday This was the story of the tho monopoly of the tho storage stora facilities ties tics in in Salt Lake City to the exclusion of every erp other local firm in business The Elgin Elsin people had bad been accustomed to using the storage rooms of th the Utah Ice Ico and Stora Storage o company to hold their surplus butter and e eggs from the thc flush h season eason Upon applying appling for the usual room it was n discovered that the former mana manager er of the company I. I N N. N Parker had before going over to the syndicate syndi syndi- cate people refused all aU storage I for the tho season The manner and motive o in in which Parker completed this deal was told in full in THE V j- j jL L' L u G TELE TELE- GRAM At Mercy of or Trust Trus' While Q move movi left left- leftt the ti Elgin Ligin in without with with- out alit facilities for handling mu much h of ot the stock in trade yet steps had bad been taken to remedy the trouble and the fight was to ha haVe hat been carried on as usual But this mornin mornings morning's s 's announcement of the syndicate h hin having in stolen in under tho the Ir very nose of the Elgin EIJin owners and obtained ob oh- tamed one fourth of the tho company stock tock has placed the Elgin I in people at atthe atthe atthe the merc mercy 0 of the trust The manner in which this deal was as carried through h would do credit to the cleverest financier that ever manipulated ed cd edWall Wall street stocks or the Chicago grain rain market It seems that when ben Parker left the EI Elgin in com company compan- pan he represented one one- fourth of the stock However er it h ha has ul developed that this amount was was' owned by a prominent lawyer who refused to sell eU his interests interests' to tho the new purchasers s sot of Pt the tho other three fourths of the tho stock in in the company Parker Forced Out When Robertson and Pete Peterson on the tha present owners of the tho EI Elgin in obtained control Parker was forced out of the company and immediately identified himself with the tho Jenson creamery creamery Ho JIo Hoat at once once set to work it is alle alleged ed for his hia f new masters to help crush the tho Elgin El n. n were made to the owner of the one fourth outstanding stock in tho El Elgin n company and without the knowledge knowledge knowl knowl- ld edge o of that firm the thc deal giving hini the syndicate enough h interest in its bl biggest est n rival al to insure tho the creamery control of tb the State state was con consummated to prominent creamery men who understand tho thor situation tho only possible motive of the thc Jenson company buvin buying in in tho the EI Elgin Elgia in was for tho the purpose purpose pur pur- pos pose of crushing it On 00 the slightest pretext of the Elgin making a mistake in 10 mana management or in failing to make mako mone money for a certain peri period d tho the Jen Jenson n concern can can- cau caus I iJ ein 1 endless iron trou ble bles The Jenson Tenson com company pan bv by reason of its one fourth int interest re t mn may Match every opera operation Hon of its r rival Duly Incorporated Incorporated- The Jenson company compan filed artic article 3 of ot incorporation yesterday with the county clerk derk The capital stock is named at although it is understood that an unlimited amount of if capital is b behind behind be be- hind the concern The Tho officers of tho the company om ran arc aro W. W 1 P F. F Jensen president I 1 N. N Parker vice president and A. A 1 P. P f Hennin sen secretary and treasurer |