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.


Professional Association of Inkeepers International     American Hotel & Lodging Association     Illinois Bed and Breakfast Association     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     Illinois Romantic Places Illinois Greater St. Louis     National Geographic Tourism

Beall Footer Rose