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District of Columbia
Proxy Statement with exhibits of The Rath Packing Co.

District of Columbia Proxy Statement with exhibits of The Rath Packing Co.

Category:

Corporations - Public - Officer and Employee

State:

Multi-State

Control #:

US-CC-15-109

Format:

Instant download

Description

This is a Proxy Statement, to be used across the United States. It is a Proxy Statement for approval of Employee Stock Wage Payment Plan which provides that employees will accept stock in lieu of a portion of their salary, to result in employees owning 60% of corporation's stock.

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FAQ

- Significance: Between 1891 and 1985, the Rath Packing Company grew from a small local business into the ninth largest meat packing company in the United States. By 1950, the Waterloo plant was the largest single-unit packing house in the world.

1985. After years of financial trouble, Rath shuts its doors, contributing to an economic tailspin in Waterloo that deeply affects the Black community.

After a series of further financial setbacks, Rath ceased operations in December, 1984 and was liquidated in 1985.