Los Angeles herald., 1906-12-06
MUST PRODUCE
HOLDERS NAMES
COMMISSION WANTS LIST OF
STOCK OWNERS
Facts Concerning Colorado 6 Wyom-
Ing Road ELECTED by Congressional
Inquiry in Denver-con-
structlon Enterprises
nr Associate d prass.

BY Associated Press.
DENVER, Dec. 5.-Interstate Com
merce Commissioner .. e. Clark con-
tinued today in this city. in accordance
with the Tillman- Gillespie congress
sional resolution, the investigation of
the relations between coal companies
and common carriers and alleged con-
spiracies in restraint of trade.
Vice President j. f. Wellborn of the
Colorado Fuel and Iron company, who
was a witness at the hearing yesterday,
was recalled today. In answer to ques-
tions he, said be was president and
traffic manager of the Colorado &
Wyoming railroad, but was unable to
give a list of the stockholders of the
latter company, and for this informa-
tion he referred the commission to d.
G. Beaman secretary of the railroad
company.
Judge Beaman, on being called, stated
that the Colorado & Wyoming railroad
had already filed a statement with the
Interstate commerce commission, in
response to the circular of June IL,
1906. He testified that a majority of
the company's stock was held by a
trust company as trustee. He did not
believe he could obtain the names of
the actual owners of the stool.
He was asked to secure the names
and produce them before the commits
sion.
Mr.. Beaman was examined further
in regard to the earnings of the Colo
RADIO Fuel and Iron company during the
past few years. 1t vas SHOWN that dur
ing the thirteen years of the life of
the company the earnings were $18,-
100000. Further inquiry brought out a
mass Of figures, showing profits and
losses of various years.
A. M. Pryor, stockman. was the
next witness. He ow' J lease on 160
acres of coal land in Huerfano county,
Colo, and for years had tried to open
up a mine He could not get permis-
sion from the Colorado Fuel & Iron
company to run spur across its land.
Legislature Helps Him
He finally got the state Legislature
to pass bill to allow the spur to be
built, but when he interested men with
money to open up his mine he was in
formed that they did not care to buy
into lawsuit
Martha C. Brown, received of the
United States land office at Gunnison,
was examined in regard to the coal
lands taken up through her office in
1902 by representatives of the Utah
Fuel company. She did not remember
how much land was taken up by Rob-
ert Forester geologist of the Utah
Fuel company, who acted as attorney
for a number of people. The total
amount he paid for land was in ex-
cess OF $4,000. Smaller tracts were
taken by other individuals acting as
attorneys for the fuel company.
James C. Craig. secretary of the
Rocky Mountain Coal Mems associa-
ton, testified that the organization had
received complaints from all over the
state in regard to the shortage of coal.
He believed the mines could produce
so per cent more than they had if cars
were provided to ship the coal. He
knew of no discrimination in the dis
tribution of cars, but after a series of
questions he said that nearly all of
the operators had expressed the opin-
ion that they were not being treated
right.
Mr.. Craig declared that the associa-
tion had nothing to do with fixing
prices for the local consumption of
coal
G. M. Overwood, farmer living near
Gunnison, was examined at length re-
garding the coal mined in that district
for the Colorado Fuel company.
Disguised as an Elder
He raised laugh by the statement
that Robert Forester of the Utah Fuel
company came into the district dis
guised as a Mormon elder.
P. A. Cannon of Huerfano county tes-
titled he was unable to get the per-
mission of the Colorado Fuel and Iron
company to run spur line of railroad
across the company's property to his
mine.
In explanation of the testimony given
by Charles H. Schlacks, vice president
of the Denver & Rio Grande Railroad
company, that the company material
rate" of one-half cent per ton per mile
had been given the Utah Fuel COM
torney Joel F. Vaile filed the tariff
sheets of several railroads showing that