Ogden Daily Standard | 1903-04-13 | Page 1 | Bakers Forming a Trust

BAKERS FORMING A TRUST combination to embrace several new jersey cities newark N J april 13 arrangements arc being made for the combination of nine wholesale bakeries in thia city beracy city and hoboken wath a capital of tie men at the head of the project have already option for sixty days on a number of planta with the options each concern has given a valuation of its property the toul amounting to for alie proper appraisement of will it has been agreed shall be done by allowing one cent for every pound of hour baked during iho year 1003 and one cent for each cent of profit earned during that year the present crof the plants bind themselves to remain in the same positions for three years and two years longer if that is demanded they also agree not to engage in any other bakery business for ten years in new jersey