History
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. In an effort to produce revenue, they reached out to the Swift and Armour companies to establish packing houses. By 1886 four stockyards had been built near the railroads. Boston capitalist Greenleif W. Simpson, with a half dozen Boston and Chicago associates, incorporated the Fort Worth Stock Yards Company on March 23, 1893, and purchased the Union Stock Yards and the Fort Worth Packing Company. The Stockyards experienced early success. By 1907, the Stockyards sold a million cattle per year. The stockyards was an organized place where cattle, sheep, and hogs could be bought, sold and slaughtered. Fort Worth remained an important part of the cattle industry until the 1950s. Business suffered due to livestock auctions held closer to the where the livestock were originally produced.
Read more about this topic: Fort Worth Stockyards
Famous quotes containing the word history:
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (1826–1877)
“The history of progress is written in the blood of men and women who have dared to espouse an unpopular cause, as, for instance, the black man’s right to his body, or woman’s right to her soul.”
—Emma Goldman (1869–1940)
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)