Establishment
The ASR was incorporated in the state of New Jersey on January 10, 1891, with $50 million in capital. By 1907, it owned or controlled 98% of the sugar processing capacity in the United States and was known as the Sugar Trust.
The United States Supreme Court declared in United States v. E. C. Knight Company that its purchase of the stock of competitors was not a combination in restraint of trade. By 1901, the company had $90 million in capital. The company became known as Domino Sugar in 1900.
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