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A stockyard company managed the work of unloading the livestock, which was faster and more efficient than using railway staff. [1] Terminal stockyards received, handled, fed, watered, weighed, held, and forward-shipped commercial livestock. [2] The Chicago Union Stock Yards were the most famous and enduring example of this type of commercial ...
The Packers and Stockyards Act of 1921 (7 U.S.C. §§ 181-229b; P&S Act) regulates meatpacking, livestock dealers, market agencies, live poultry dealers, and swine contractors to prohibit unfair or deceptive practices, giving undue preferences, apportioning supply, manipulating prices, or creating a monopoly.
The arrival of railroads in 1876 made the area a very important livestock center. Fort Worth Union Stockyards opened for business on January 19, 1890, covering 206 acres. On February 7, the Fort Worth Dressed Meat and Packing Company was founded. This facility was operated without profit until purchased by G. W. Simpson of Boston.
Tents were erected for the animals, and visitors were charged a twenty-five cent fee to view the livestock. [4] Local ranchers promoted the show to northern meat packers in the hopes of improving the local livestock industry. The citizens of Fort Worth raised $50,000 and formed a company in 1904 to oversee the event.
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The Great Western Livestock Show was held at the Los Angeles Union Stockyards from 1926 [10] until 1953. [11] Santa Fe Railroad bought out the Stock Yards Company in 1928 and eventually expanded the "Central Manufacturing District" into a 3,500 acre irregularly shaped industrial tract. [ 1 ]