Salt Lake Telegram | 1903-05-08 | Page 8 | Peanut Trust is Being Propagated

PEANUT TRUST IS BEING PROPAGATED Corporation With $3,000,000 Capital Being Formed to Handle the Festive "Goober." CINCINNATI. O.. May 8. The Confec-,. tlcners' Review today says that the Michigan Mich-igan Underwriting company of Detroit has completed a combine of the peanut Industries, Indus-tries, that the American Edible Nut company com-pany will soon be incorporated in New Jersey with $1,250,000 of preferred and $2,750,000 of common stock and that it will absorb the eighteen plants near Norfolk, Va,. where the general pfflcea will be located. lo-cated. The yearly output within eighty miles of Norfolk 5,000.000 bushels. The incorporators are Adolph W. Ehr-man Ehr-man and W. E. Weatherley, Detroit; V. H. Helmer, Jackson: George E. Hardy. Grand Rapids; John Ryan, Bad Axe; John Mealey, Cairo, and H, 8. Griggs, Chicago.