Sistersville oil review. [volume] (Sistersville, W. Va.) 1896-1901, 1898-11-23
M'LAUGHLIN ANSWERS
But 7. w. VanDyke, OF the
Solar
DECLINES TO Do SO AND
Is Pronounced Guilty of Con
tempt of Court.


by attorney general Monnett in the
case of the Supreme Court OF Ohio
against the Buckeye Pipe Line Co.
was resumed this morning and con-
cluded at noon today and Mr.. Mon
nett left the city this afternoon. re-
turning to Columbus. The case
will next be heard from when
taken up by the supreme court.
When Supt. D. ]. O'Day was re.
called to the stand yesterday after
noon, he was again questioned con-
corning the amount of the capital
stock of the Buckeye Pipe Line
Co.
81 think it has been SIC, 700, 900;
at least while I have been a di-
rector" he replied.
Witness said he did not know
where the records or the dividends
were kept. Said he knew the COM
pany had made earnings on pipeage
and he voted to declare dividend.
Said Mr.. Mclaughlin furnished
memorandum showing that there
were sufficient earnings to justify
declaring a dividend.
R. L. Bates was next called and
he stated that he was agent for and
a stakeholder of the Buckeye Pipe
Line company. Said he was di-
rector and to the best of his recol-
lection, had served in that capacity
between three and four years. Did
not know who all the stockholders
were who voted for him. Meet
ings were held here, but he could
not remember whether the election
was held in summer or winter. Mr..
O'Day aud Mr.. Mclaughlin were
present at a meeting at which he
was elected last spring, in May. Did
not know positively whether he
was elected three times or not.
Could not say who voted for him.
Mr.. Mclaughlin and Mr.. O'Day
did not cast the votes for other
stockholders. An attorney named
Bail, from Oil City, ha powers of
attorney and cast the votes for
majority of the stock. He saw the
powers of attorney, but could not
remember the names of the stock
holders signed to the documents ex-
cept the name of Daniel O'Day.
Did not know how many shares Mr..
O'Day held. Did not examine the
documents granting powers of at
torney.
How many shares of stock are
there?" asked the attorney general,
Two hundred thousand shares. "
The witness did not remember just
how many shares were represented
in the votes cast for him Mr.. Bates
said that ne had faint recollection
that John D. Rockefeller stock was
represented by proxy at the meet.
ing, but did not know how many
shares Mr.. Rockefeller held. Did
not remember F. B. Squires as a
director or stakeholder. Knew
that H H. Rogers was stockhold
er and voted for him for president.
Could not say whether or not J. L.
Haiku ess, L Stevens, w. H. Til
ford or Walter Jennings were stock
holders Said the business address
of Mr.. Rockefeller was rs Broad
way, New York. Did not know
whether A. M. McGregor, of New
York, was a stakeholder or not.
"Who are the directors of the
Buckeye Pipe Line company"
III. H. Rogers, Daniel O'Day,
D. J. O'Day, T. A. Mclaughlin and
myself" Witness thought that the
board had been constituted by the
same men ever since he was elect
ed. Said D. J, ODay was his su-
perior officer and c. N. Payne was
general manager and Daniel O'Day
vice president.
Mr.. Bates said that Joseph Seep
purchased oil for P. S. Trainor, and
that the Buckeye Pipe Line com
pany shipped oil Could not say
where the oil was delivered for
Trainor. Said the purchaser paid
the transportation costs after the
oil was delivered. P. S. Trainor is
now the principal purchaser of oil
for this division. His predecessor
was George MCGEE, prior to Mr..
MCGEE being the principal pur-
chaser, Henry Lewis held
that position. The witness did not