New-York tribune., 1906-11-16

its -ronerty, that the trustees valuation Of all
the property and stocks placed in their hanos III
1882 was s55,71069S "a, and that the addltlona
property purchased acquired by the issue OF
trust certificates was s13,S10100, so that the
total value Of all property controued py tlIe
Standard OIL COmpany>of New Jersey, except
such as may have been purchased from earnings
is 500 020 19S "a according to their own valuation
that upon this capital the Standard has IRON
1882 to 1895 inclusive paid $5l294O,OS4 80 OF
dividends and has created a large surplus-the
exact surplus the petitioner is unable to state.
because the Standard has not puoilshed a. any ny
statements since 1885, but from 1882 10 1895 It's
surplus, according to its own statements. was
1886 025 IA and il is alleged that its property
al the present time exceeds the value OF S20O,-
900 900; that its annual dividends during the last
nine years have run from 33 to As per cent per
annum, in addition to this large surplus
1t IS alleged that the defendants have divided
up the entire territory of the United States into
various districts. in which they have marketed
petroleum products through various of their
corporations in such manner that certain IT
said corporations have marketed the same in
certain Of said districts to the exclusion of all
of the other said corporations; that 1t has from
time to time caused various agreements 70 be
made between corporations in which they owned
or controlled all of the stock and between such
corporations and other corporations in which
they owned less than the whole of the capital
stock, by which agreements said corporations
have agreed that each should be confined to
limited territory in marketing petroleum prod
ucts.
One OF such instances given Is the Waters
Pierce OIL Company. in which the Standard Oil
a
1900 shares. the said shares having been held
for the Standard Oil Company by H. Clay
Pierce and NJ. NJ. Van Buren, the latter being
a son-in-law of John d. ArChbOld; and the said
company has an agreement and understanding
by which Missouri and the other Southwestern
territory is divided up between 1t and the
Standard Oil Company of Indiana. by which
agreement neither corporation is permitted to
market petroleum products in the territory of
the other; that competition has thus been elm
mated between all of the defendant companies
ASKS COMPANY'S DISSOLUTION
The United States prays that the court ad-
Judge and decree that the combination and con-
spracy unlawful under the Sherman Anti
Trust act. and that the court decree that the
holding. ownership and control said vari-
Gus defendant corporations by the individual
defendants in said conspiracy and by the Stand
ard Oil Company of New Jersey, the holding
corporation is In violation of said act OF Con-
gress, unlawful and void and that the Standard
OIL Company be enjoned, restrained and pro-
hibited from exercising any control said
corporations, or any of them. by the election or
appointment of directors, officers agents or
servants, or in any other manner; and that the
said subsidiary corpora tionS be enjoined and
prohibited from declaring paying any dvi-
dends to the Standard OIL Company OF New
Jersey or to any person corporation for said
Standard Oil Company of New Jersey; and that
the defendants, and each and all of them, their
respective directors, officers, agents and ser
wants, be enjoned from entering into taking
part in performing any contract, combna-
ton or conspiracy the purpose effect Of
which is to restrain the trade commerce In
petroleum and it's products, TO monopolize the
ssme in violation OF said act OF Congress, either
by placing the control OF said corporations in
the hands of any other corporation or person,
or agreeing contracting together or with one
another with respect to the control Of said cor
porations, or agreeing or contracting together in
respect TO the purchase, shipment, tranSpOrta-
ton. manufacture. sale and distribution of pc
troleum and its products