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Show COURT DISAPPROVES PROPOSITION OF PACKERS Thirty Days Allowed to Comply With Stockyards Sale Requirements WASHINGTON. March .3. The substitute proposal of Swift & Co. and Armour A Co. lor the sale, of their stockyard ' interests whs dls-npprnvcd dls-npprnvcd yesterday by Justice Stafford In the diatrjct supreme court. The court allowed thirty days for the taking of testimony as to the value of the companies holdings, after which they will he given an opportunity tu fitter ' their stock for- sale at the price then fixed, or the court will appoint trustees to take over the stork tw recommended by ' the department of Justice, I TOO EASY. 4 j The court held that the plans pro n-4 poned by the two companies "seem nvke easy a lonp period of con- j tinued ownership on the part of thej defendants and in the meantime pro- i vide too feeble a control on the part of the court." J notice Stafford said' the defendant were V-1 11 in to sell j if ..y s.,r.l. p..., H ...r ,--'-- i that the question of a fair price I should be derided only after both I fidfs are heard. j The court decreed that a Washing- ton trmt company should be named ! to take over the interests nf Morris j V Co. and Wilson & Co. in stock-j yards, stockyard terminals and market mar-ket newspaiiers and dispose of them, j Morris & Co.'s plan was rrftwlified. however, so as to require that thei salt be consummated within one year instead of thirty months as proposed. CUDAHY APPROVED. I The Cudnhy plan for disposing 0f its interests met with the approval: of the court and a trust company to t;ike over the interests will be named later. i Swift & Co. and Armour Co. had projKised that their stock In various ' yard be sold at the following fijrurrs : I'nion Stockyards Company' of Omaha. Ltd.. $110 a share; St. Louis ' National Stockyards, $120; the Uen-! ver T'ninn Stockyards company. $90; ? Sioux City Stockyards company, pre- i f erred $90. common $60. |