INDIANAPOLIS BELT RAILROAD & STOCK YARD COMPANY
RECORDS, 1874-1968


Collection #s:
M 0067
BV 0672-0712

Table of Contents

Collection Information
Historical Background
Scope and Content Note
Box and Folder Listing
Cataloging Information

Processed by
Paul Brockman
18 May 1998

Revised 18 January 2002

Manuscript Collections Department

William Henry Smith Memorial Library

Indiana Historical Society

450 West Ohio Street

Indianapolis, IN 46202-3269

 

www.indianahistory.org

 


COLLECTION INFORMATION

VOLUME OF COLLECTION:

10 manuscript boxes, 40 bound volumes, 12 reel audio tapes.

COLLECTION DATES:

1874-1968

PROVENANCE:

David L. Chambers, Indianapolis, IN, 21 June 1968

RESTRICTIONS:

None

REPRODUCTION RIGHTS:

Permission to reproduce or publish material in this collection must be obtained from the Indiana Historical Society.

ALTERNATE FORMATS:

Reel audio tapes.

RELATED HOLDINGS:

Samuel & Charles Rauh Papers (M 406)

ACCESSION NUMBER:

1976.0619

NOTES:

 


HISTORICAL BACKGROUND

The Indianapolis Belt Railway Company was incorporated on 28 June 1873 for the purpose of constructing, operating, and maintaining a railroad around the city from North Indianapolis to Brightwood. A movement for the erection of a stockyard near the west bank of the White River took shape a short time later and was contingent upon the railroad's construction.

Both ideas were not new. In 1870, Joel F. Richardson proposed a belt line be constructed around the city to relieve the downtown track congestion. The first need for a stockyard occurred in 1863 when Kingan and Company opened the world's largest pork producing plant. Kingan later opened a small stockyard operation near their plant. Prior to that time, livestock were sold in the private yards of packers and butchers. Nicholas McCarty furthered the argument for a large, central stockyard complex after touring the facilities in Chicago and St. Louis.

The panic of 1873 and legal right-of-way battles delayed the construction of the railroad and the stockyards a short time later, but the company formed its articles of association in 1876 under the name of the Union Railroad Transfer and Stock Yards Company. In the fall of 1876 the city of Indianapolis agreed to loan the firm $500,000 to complete the project. Indianapolis mayor John Caven, who viewed the railroad and stockyards as a stimulant to the economy, was chiefly responsible for the loan's approval and solution to the right-of-way problem. The railroad and stockyards opened on 12 November 1877 with over 200 freight cars passing over the fourteen miles of track on the first day. The new livestock buildings had the capacity for holding 25,000 hogs and 3,000 head of cattle or mules and was located on eight acres of former river bottom land acquired from the heirs of Nicolas McCarty, Sr.

In 1881 the firm's name was changed to the Indianapolis Belt Railroad and Stock Yard Company, and the following year, the Belt Railroad facilities were leased to the Indianapolis Union Railway Company for 999 years. Founded in the early 1850s, the locally operated Union Railway Company owned and maintained the Union Railway Passenger Station (Union Depot) and approximately one mile of track around the facility. The Pennsylvania Railroad and the New York Central systems (now Conrail) later acquired the company, but the railway continued operating as a distinct organization while leasing the track, equipment (engines and cars), and facilities from the Belt Railroad.

A second Indianapolis Belt Railroad Company was formed in May 1883, to construct, maintain, and operate a small section of track on the city's outskirts. In December of the same year, the operation was consolidated with the Indianapolis Belt Railroad and Stock Yard Company to form the Indianapolis Belt Railroad and Stock Yards Company. The rail facilities were then leased to the Union Railway Company.

A fire in 1904 nearly destroyed the entire stockyard complex with the exception of the Livestock Exchange Building but new and enlarged structures were soon erected. A truck department was added to the stockyard operation in 1919 and a hog division followed in 1926. Over the years, the stockyards expanded to encompass 147 acres, 60 of which were used for the livestock industry. At its peak in the 1930s and 1940s, the stockyards handled three million animals a year. In 1964, the company's name was altered to the Indianapolis Stockyards Company, Inc.

The decline of the Indianapolis meat packing industry resulted in a substantial decrease in shipments in the late 1950s and 1960s, and in 1967 Indianapolis Stockyards, Inc. was sold to Eli Lilly and Company, and they, in turn, leased the area to the United Stockyards Company of Chicago. In 1973, the stockyards were moved from their original location at 1400 Kentucky Ave., to a new sixteen acre site at 2577 Kentucky Ave. The old stockyard area was also razed in 1973 to make way for Lilly's Kentucky Ave. Industrial Center.

The Rauh family directed the Indianapolis Stockyards' operation from 1897-1967. Samuel E. Rauh assumed the corporate presidency in 1897 and continued to direct the company until his death in 1929. His son, Charles S. Rauh succeeded him and continued to direct the corporation until his death in 1956, at which time David L. Chambers, Jr., a grandson-in-law of Samuel Rauh took over the operation. Chambers remained in control of the stockyards until it was sold to the Lilly Company in 1967. Previous company presidents included William Riley McKeen, 1876-1889; William Putnam Ijams, 1889-1897; and Deloss W. Minshall for one month in 1897.

Sources: Sources in collection.
Indianapolis Star, 27 September 1953, p. 2H; 22 November 1967, p. 1; 7 November 1971, Sec. D, p. 21; 19 February 1978 (Star Magazine).
Dunn, Jacob P., Greater Indianapolis, Vol. 1, pp. 256-263.


SCOPE AND CONTENT NOTE

The records of the Indianapolis Belt Railroad and Stock Yards Company cover the period from the period from the Articles of Association in 1874 to 1968, one year after the sale of the Indianapolis Stockyards Company, Inc. to Eli Lilly and Company. The largest portion of the records includes the company's management, capital stock, and property documents. The majority of the records deal with stockyard proceedings since the Belt Railroad and Stock Yards Company leased its rail properties to the Union Railway Company in 1882. Most of the railroad records pertain to dealings prior to 1882 and in the agreements with the Union Railway Company (Box 7).

Included in the Belt Railroad and Stock Yard's Company's management records are documents relating to the firm's organization, mergers, and general operations along with annual reports and director's meetings. The collection contains annual presidential reports, 1917-1967, as well as appraisal reports, expenses, expenditures, tax reports, and audits, 1870s-1960s. There are also two volumes of the financial records of the Union Reduction Company of Cincinnati, Ohio, 1913-1921, a firm that had ties to the Rauh family.

The records also contain the firm's capital stock records including stock certificates and ledgers, 1877-1931. There are also items relating to the purchase, sale, and transfer of stock, including investment diversification material. Also included among the stockholder records are meeting minutes and reports, 1876-1967.

The collection also contains a significant amount of material regarding property sale, leasing, and the granting of right-of-ways. Included in the records are acquisition and sales document such as deeds, correspondence, diagrams, and blueprints. Among these items are neighboring businesses obtained by Belt Railroad and Stock Yards Company, 1876-1967; land leased, sold, or right of wayed to the city for municipal purposes, 1915-1967; and right of way agreements between the Stock Yards Company and the Union Railway Company, 1878-1958.

Among the other materials in the collection are historical related items, labor records, the construction and expansion of stockyard property, and the records of the Indianapolis Stock Yards Marketing Institute. Historical related materials include newspaper clippings and scrapbooks, 1920s-1950s, and items relating the company's 50th anniversary celebration, 1927. The records of the Stock Yards Marketing Institute include corporate organizational materials as well as financial records, and advertising and media promotions, 1954-1968. Labor records center on the company's pension plan with some payroll files and scattered dealings between labor and management, 1891-1967. Construction and expansion records include the erection and remodeling of stockyard buildings, 1920s-1950s.


BOX AND FOLDER LISTING

BOX 1: Corporate Information, 1874-1966; Historical Information; Meetings & Reports, 1879-1940
FOLDER CONTENTS

1

Organizational records, 1874-1881

2

Organizational records, 1883, 1939

3

By-laws, 1898-1956

4

Officials & directors, 1884-1965

5

Corporate information, 1966

6

Corporate history, 1904

7

Newsclippings, 1920s-1950s (also BV 702-703)

8

50th anniversary celebration, 1927

9

50th anniversary celebration (newsclippings), 1927

10

Meetings & reports, 1879-1926 (also BV 699-701)

11

Annual Reports 1906, 1917-1940

 

BOX 2: Meetings & Reports, 1941-1967; Financial Records, 1878-1964
FOLDER CONTENTS

1

Annual reports, 1941-1953

2

Annual reports, 1953-1967

3

Board of directors meetings, 1963-1965

4

Earnings & expenses, 1878-1888 (comparison)

5

Earnings & expenses, 1885      

6

Mortgage, 1885

7

Weigh scale patent, 1903-1906

8

Union Trust Company agreement, 1909

9

Financial records, 1918; 1932-1936

10

Financial reports & appraisals, 1898-1964

11

Appraisal reports, 1920-1955 (also BV 0676-0698)

12

Records & expenses, 1949-1963

13

Legal opinions, 1879-1961

14

(BV 0672-0675) Account books & financial records, 1877-1882

15

(BV 0711-0712) Union Reduction Co. (Cincinnati, Ohio), financial & stock records, 1913-1921

 

BOX 3: Tax Reports & Audits, 1917-1968; Indianapolis Stock Yards Marketing Institute, 1954-1968
FOLDER CONTENTS

1

Tax reports, 1917-1920

2

Audits, 1926-1931

3

Tax receipts, 1940-1955

4

Statements & audits, 1965-1966; assessment notice, 1961

5

Tax return, 1968

6

Marketing Institute--organizational records, 1954

7

Marketing Institute--corporate structure & by-laws, 1957-1965

8

Marketing Institute--financial records, 1954-1968

9

Marketing Institute--highway signs advertising Indianapolis Stock Yards, 1963-1967

10

Marketing Institute--radio promotions, 1961-1965

11

Marketing Institute--activities, 1955-1961

12

Marketing Institute--farmers marketing practices and market preference survey, 1956

13

Marketing Institute--general public relations information for press, 1956-1968

14

Marketing Institute--livestock truckers and stockyard personnel meeting, 3 December 1964

15

Captialization records, 1876-1966

16

Original stock owners installment script--Union Railroad Transfer & Stock Yards Company, 1877-1879

17

(BV704-710) Stock ledgers, 1877-1940

 

BOX 4: Capital Stock Records, 1879-1966
FOLDER CONTENTS

1

Stock certificates, 1879-1907

2

Certification to sell capital stock and deal on the live stock exchange, 1897-1920

3

Stockholders meeting, 1890

4

Stockholder proxies and basic meeting information, 1879-1961

5

Stock held in other corporations, 1940, 1966

6

Proposed increase in capital stock, 1910-1920

7

Proposed purchase & retirement capital stock, 1960-1963, folder 1

8

Proposed purchase & retirement of capital stock, 1960-1963, folder 2

9

Proposed purchase & retirement of capital stock, 1960-1973, folder 3

10

Amendments to articles of incorporation (recapitalization), 1966

11

Common stock transfers, 1916-1924

12

Transfer & disbursing agent change, 1964

13

Stock holder agent list, 1964

14

Indianapolis Stockyards Company pension fund, 1963

15

Stockholders meeting, 1965

16

Common & preferred stockholders list, 1966

 

BOX 5: Stockholder Lists, 1967; Labor Records, 1891-1967
FOLDER CONTENTS

1

Common & preferred stockholders list, 1967

2

"Grube Goup" stockholdings, 1967

3

Payroll records, 1891-1901

4

Labor & management agreements, 1920-1965

5

Pension plan study, 1947-1967, folder 1

6

Pension plan study, 1947-1967, folder 2

7

Proposed pension plan revision, 1963

8

General pension plan, 1963

9

Instructions for weighmasters, 1940s & 1967

 

BOX 6: Construction & Expansion of Stockyards, 1878-1962; Land Deeded for Municipal Use, 1910-1965
FOLDER CONTENTS

1

Railroad bed construction agreement, 1883

2

Construction expenses, 1878-1955

3

Track additions, 1918-1919

4

Kentucky Ave. entrance construction, 1948-1950

5

Russell Dean Memorial Expressway (proposed construction), 1958

6

Industrial development plans, 1950-1961

7

Rebuilding & remodeling agreements, 1947-1962

8

Pneumatic tube construction, 1945-1951

9

Indpls. Power & Light & Water Co. leases, 1910-1948

10

Sewer line construction, 1912-1963

11

Land deeded for flood control, 1927-1938

12

Land deeded for flood control, 1962

13

Possible land sale for city dump, 1955, 1965

14

Changes in city right-of-way (summary), 1882-1937

15

Proposed Route 37 right-of-way boundaries, 1959

 

BOX 7: Leases to Outside Businesses, 1915-1967; Leases/Agreements with Union Railway Co., 1878-1951
FOLDER CONTENTS

1

Lease & sale to Rauh Realty Co., 1915-1946

2

Terre Haute, Indianapolis, & Eastern Traction Co. agreement, 1924

3

Exchange Building lease, 1938-1966

4

Wright-Bachman material, 1945-1966

5

Oil (gas) station construction lease, n.d.

6

Tenant rail rights & restrictions, 1946-1962

7

Land sale diagrams, 1946-1961

8

Exchange Building rent increase, 1961

9

Nutrena Mills feed tank construction, 1965-1966

10

Szabo Food Service lease, 1960-1961

11

Industrial Catering Company, Inc. & Merrill's Catering lease, 1961

12

William Arens Cafeteria lease, 1965

13

Price's Cafeteria lease, 1967

14

Kenmar Development Corporation lease, 1966

15

Union Railway right of way agreements, 1878-1883

16

Union Railway agreements with Belt Railroad & Stock Yards Co., 1882-1903

17

Union Railway leases & agreements with Belt Railroad & Stock Yards Co., 1908-1914

18

Union Railway leases & agreements with Belt Railroad & Stock Yards Co., 1918-1936

19

Union Railway leases & agreements with Belt Railroad & Stock Yards Co., 1939-1951

 

BOX 8: Leases/Agreements With Union Railway Co., 1954-1958; Property Acquisition, 1876-1967
FOLDER CONTENTS

1

Union Railway leases & agreements with Belt Railroad & Stock Yards Co., 1954-1958

2

Union Railway station changes (map/blueprint), 1946-1959

3

Land deeds, 1876-1899

4

Land acquisition from McCarty family, 1877-1916

5

Farmers & Drovers Stock Yard Co. acquisition, 1895

6

Land acquisition--deeds & descriptions, 1883-1889

7

Interstate Stock Yards acquisition, 1899-1903

8

Property acquisition, 1899-1939

9

American Aggregates Co. acquisition, 1961-1965

10

Changes in land & property boundaries, 1897-1967

 

BOX 9: Property Acquisition (Blueprints & Diagrams), 1902-1951; Management Meetings, 1964-1965
FOLDER CONTENTS

1

Blueprints & diagrams of stockyard area, 1906-1945

2

Property additions & sales (maps), 1950

3

Detailed diagram of stockyard area, 1951

4

Land owned by Rauh Realty Co. & stockyards, n.d., folder 1

5

Land owned by Rauh Realty Co. & stockyards, n.d., folder 2

6

Land owned by Rauh Realty Co. & stockyards, n.d., folder 3

7

Executive Committee Meeting, 1 April 1964; annual stockholder meeting 16 April 1964; phone conversation Chambers & Fogelson, 17 April 1964 (reel audio tapes)

8

Annual stockholder meetings, 22 April 1965, 28 April 1965 (reel audio tapes)

9

Annual stockholder meeting, 27 April 1967; board of directors meeting, 27 May 1965 (reel audio tapes)

 

BOX 10: Board of Directors Meetings, 1965; Special Shareholders Meetings, 1966-1967; National Starch Negotiating Committee
FOLDER CONTENTS

1

Board of directors meetings, 8 June 1965, Sept., 1965 (reel audio tapes)

2

Board of directors meeting, 27 Oct. 1965; special shareholders meeting 15 Dec. 1966 (reel audio tapes)

3

Special shareholders meeting 15 Dec. 1967; National Starch Negotiating Committee, n.d. (reel audio tapes)

 


CATALOGING INFORMATION

For additional information on this collection, including a list of subject headings that may lead you to related materials:

  1. Go to the Indiana Historical Society's online catalog
  2. Click on the "Local Catalog" icon.
  3. Search for the collection by its call number, using the letter or letters designation and four digits (e.g., M 0715, SC 2234).
  4. When you find the collection, go to the "Holdings" screen for a list of headings that can be searched for related materials.