Summary of Report of the Commissioner of Corporations on the International Harvester Co March 3, 1913 (Classic Reprint)

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Excerpt from Summary of Report of the Commissioner of Corporations on the International Harvester Co: March 3, 1913 <p>A substantially monopolistic position - 85 per cent of the total output - in the harvesting-machine business proper at the beginning. <p>Organization Of combination terminated a long period of severe, but by no means destructive, competition among the concerns merged. <p>Combination arranged by the former owners in connection with bankers, and not, as frequently asserted, a mere sale of their proper ties to new interests. <p>An absence of important overcapitalization. Substantially 90 per cent of the original $120, 000 000 capital stock covered by tangible property and working capital. There was in addition a considerable real good will. <p>Acquisitions of competitors and extensions into new lines, until to day the company is also an important factor in certain other branches of the farm-machinery industry. <p>About the Publisher <p>Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com <p>This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.