The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-14
Conference Between Railroad Officials
and The OIL Companies.
TWO PROPOSITIONS WERE SUBMITTED
They Are IN the Mature OF an ul.rnatun,.
EnioIned csss v9ll Net So Accepted
by the Southern Pacific.

4 or the Crosby house they met the repre-
I scntatives OF the oil companies owning
/ private cars NJ, Van Week said that the
4 company can net handle the cars as thry
are now heing ,otdcd and required lie
said thnt he had two propositions 10 make
aud that he would make them in writing
aud they are gwen below as he s,gnea
| them.
! II took an hour and half TO go over
the matter fully, 10 the nrst proposition
there seems decided opposition, but the
second Is viewed fayorably. In the discus
sion Mr.. Van Week said that II neither
was acceptable the railroad would he com.
PEELED 20 take the ears to Houston, sa.
bine Pass and other points where storage
may bt obtained and when once carried
away the road would expect pay for re.
turning them to Beaumont 20 load from
his standpoint the railroad would be forced
30 take this action.
Another statement made by MIR, VAN
/ Week which was most important one
and yet one that did not attract much at.
tention az the time, was that all employees
OF the company had been instructed TO de.
cline to receive nj junction points all "en-
Joined ears. IL VIII be remembered that
the Caldwell on company enJoincd the
southern Pacific from sending loaded car
Of oil to some polut on the west end or
the line but had II billed to a point whore
the oil company had customer Waiting
for II. The result of the order as stated
by Mr.. Nun Week VIII he that II this car
was billed to some point on the Katy II
| viii not he accepted hack by the South.
ern Pacific when the destination line sends
IL back empty, II Is easy TO see what com
plcatlons will be the result Of this action.
Mr., Van Week stated that such action WAS
the company's anly recourse.
AS n result OF the conference the oil
companies owning cars will probably meet
tomorrow or the next day and act upon tue
propositions and will then send a commit
tee to Houston to confer with Mr. Van
Week Mr., Sterling Of r. l.. Cox n Co.
was sort of recognized chairman of the
meeting and upon him viii doubtless tie
volye the responsibility of calling them to-
gethcr again
Following is the letter Of Mr. Van Week
containing the TWO propositions
First propositions All of the tank cars
of the various oil and private car compa'
Mes together with the cars owned by the
rnilrond company, to be placed In general
pool and distributed indlscrimnately by
the railroad company legitimate reQuiHi
tions II there Is not sufficient number
Of cars on hand, those that are available
10 he distributed pro rata MS per requisi-
lions. Under this pooling arrangement the
cars owned by the railroad company 10
be permitted 10 go OF it's line, Tho rail-
road company viii be charged with hand
ing all OF the cars the same as II they
were the owners ~ them.
Second proposition. The railroad company
to have the right 10 use amy OF the pri
/ waite line tank CnrS when such ears have
been on Its tracks Idle hye days or more.
After Ave days or more the railroad com
pany on demand shall return private limo
cars So used. and failing to return ears
used the railroad company will furnish
other cnrs In place Of those used II is
understood that tho private line companies
Il 1t does not anticipate pding cars before
the Ave days free time is rp, they vii
advise the railroad company in order that
: such cars may be put into the service
without waiting the full five days.
Under either proposition repairs Ia the
tank cars TO be handled and paid for under
the general rules Of the Master Car Build
| erR' association.
1t is believed TINT the suggested pool.
, ing arrangement will prove the most sat
lsfaetory, Either proposition is satlsfac-
tory 10 the rnllroad company but would
he pleased to have suggestions from com
mittce aud II neither OF the propositions
are satisfactory TO them that the committee
} submit .proposition for the consideration
OF the railroad COMPANY
II the private line car committee finds
II inconvenient to pass definitely on the
| matter today would he pleased to meet the
committee at Houston at any tine that
would suit their convenience within the
next five OF six days, Yours truly,
W. G. Van Week. Manager.
~
. MT. lOIitF slHltu 10 nv IpNl 'Ntl''
spondent today that the Prudential Oh and
Pipe line company had called in all the
stock Issued and had reimbursed every
man who had subscribed dollar for dollar.
This is one Of the companies that was Of
ganlzed early In the boom and when every
one here thought oil would be found all
over Jefferson county, They owned land
of OF Spindle Top and put IL Into the com
pany AZ what IT was selling for at that
time aud then proceeded In the ordinary
manner to sell stock for development put-
poses. which IL now aud has been all nj ng
regarded as perfectly legitimate, Shortly
afterward 1t was found that the only
charmed circle is Spindle Top and that the
land owned by the company has no oil
under II and therefore as an Oh proposition
f ba6 meenr was pa d~d to rag
the subscribers OF stock for the full amount
they had paid In and they thems ives
vidually the losses nccrulng from advertis-
Ing and organization expenses that always
nave 10 pe s.oG S,r IN snTh cases aS IN rs
anything SO liberal I'm dealings with stock.
holders has been done
~
General Manager Van Week In talking
to the oil people this morning said that
from his last observance OF the oil tank
car records Of his company he thought
there were now In the Beaumont service
200 6iOO.gallon cars 2bO S50O.gAllon cars
and IN all enough to make 1000 or 100
small tonnage cars. This gives some idea
ot what one line alone has done In the
and II win he seen az once that It in,
wolves a considerable expense.
~
The Texas District Petroleum company
has received It's FIRST lnstnllment OF ten
cars on a large order for equipment ana
expects the others In within very short
time. This company has avoided the