Sistersville oil review. [volume] (Sistersville, W. Va.) 1896-1901, 1898-11-23

it is delivered to the Indiana Pipe
Line company for further transpor-
tation. Orders for shipment were
ordered by Shipping Agent Simp-
son, of Oil City. Witness said he
was connected with the Pennsylva.
MIA Transportation company, Ma
,ional Transit company, United
Pipe Line Division prior to being
employed by the Buckeye Pipe Line
company, but that he was not now
and never was stockholoar IN the
Standard Oil company, or any OF
the alleged twenty constituent com
'panies of the Standard Oil trust.
Witness was asked if he kept rec
ord of the runs and shipments in
his department, and in replying
that he did was asked to produce
the records showing the total ship
ments and the names of the pur-
chasers during the past four years.
The defense objected on the
grounds that such evidence had
nothing to do with the case.
Mr.. Monnett then asked for the
records of the past year and the
same objection was made, Attorney
Elliott saying that the books
would not be furnished. The OBJ
lection was noted and attorney gen.
eral said he would let that matter
pass until the supreme court de
cides whether or not the books
shall be produced.
Mr.. Bates said that the runs dur
ing the past year would average be-
tween forty and fifty thousand bar
rels day. During the past week
the average was about $4,000
barrels day. In addition to the
pipage charges there are some
times Slight storage charges. This
rate is IS cents for one thousand
barrels. Witness knew of no stor-
age charges against Mr.. Trainor.
That would be in the shipping de-
partment records. He did not
know of any deviation from the
rule of charging storage rates In
any instance where Mr.. Trainor
was owner of the production stored
by the defendant company.
T. A. 'LAUGHLIN.
Mr.. Mclaughlin said he had
Be n employed as purchasing agent
In this city under Jos. Seep, of Oil
City, since 1886. Said Mr.. Seep
furnished him an Office in the
Buckeye building. Did not know
anything about Office rental. Sup
posed that it was paid by Mr., Seep.
Did not keep Mr.. Seeps books.
Said he purchased oil under orders
from Joseph Seep. Would pur-
chase any oil and telegraph to the
Pipe Liue company touching the
point where the oil was located for
the credit of the producer having
the oil for sale.
Mr.. Mclaughlin said he was
stakeholder and director of the
Buckeye Pipe Line company. Was
present at the stockholders meet
ing in which Mr.. Ball, of Oil City,
had power of attorney to vote for
directors. The last dividend was
SIS a share and was declared last
September. DID not know the to-
tai amount. Said data was fur
nished for the meeting by Secretary
McSweeney, of Oil City, from the
treasurer, Mr.. Campbell, from
which the dividends was declared.
Said the minutes of the meeting
were taken to Oil City after the
meeting. Said he was assistant sec,
rotary and recorded the minutes,
but did not think he had retained a
copy of them. At the meeting
where the $15 per share dividend
was declared Messrs D. ]. O'Day
and Bates and the witness were
present. Witness held One share
of stock. Did not remember just
where he purchased the stock.
Then you three stockholders,
holding one share of stock each,
declared dividend amounting to
S. 900 1867" asked the attorney
general.
I'VE were a majority of the
board" said Mr.. Mclaughlin. II
cannot say what the aggregate
amount was"
Mr.. Mclaughlin said that he
was also stockholder in the North.
western Natural Cas- Co The an
nual meetings are held in Toledo
in January. Said Mr.. Rogers, of
Toledo, and Daniel O'Day were
amoro the Stockholders. C0u1d