The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1906-04-10

day in June, September, December
and March of each year the contract
is in force for arbitration of differ.
ences in said territories and settle
ment of all pools whether made in
said territories or not, previous to the
first of that month; and the payment
Of individual balances according to
Art. 1S.
Art IA. All old pools are to be
arbitrated at next meeting and set
tied as arranged in Art. 1S.
Art 10. When any party to this
agreement has a grievance he shall
report the same to the secretary, in
writing, and the same shall be
brought before the association at it's
first meeting thereafter, and it shall
be the duty of the party having the
grievance and the party complained
of each to select a member of the as.
sociation and these two selected shalt
select a tnird party; also a member
present, who shall weigh all the evil
dence and bring in verdict which
shall be final.
Art 49, That the members of this
association shall sell no material to
anyone outside of the agreement and
working in this territory.
Art. II. Where a concession Is
made the party getting the conces-
sion shall be allowed to name rea-
sonable cost price, which shall be
done before the vote for the conces,
sion is taken, and shall be allowed
80 per cent of the difference between
said cost price and contract price for
his profit, and the other so per cent.
shall be equally divided among the
unsuccessful bidders.
Art. 1S. No member of this agreee-
ment shall pay to any other member
any balance due, but payment of all
balances shall be made to the secre-
tary of the association, and he shall
clear all accounts and make the pay
ments to the companies represented
at the meeting having balances due
them and agreed upon as shown by
his statemest. Any member remain
ing away from the regular meeting
for the purpose of preventing the ad-
justment of his balance due him ac
cording to statement filed shall be
held by the secretary until the next
regular meeting. If not then pre-
scented the secretary shall pro rate
the amount in his hands to the mem
bers present having balances due
from the members absent.
Art 10. That the mileage expenses
Of one representative of each party
to this agreement, rent of rooms for
meeting and incidental expenses,
shall be borne equally by the signers
hereto.
Art. 90 That this agreement may
be altered or amended at any reg
ular meeting by a three-fourths vote
of the members present, provided that
ten days notice of such proposed al
teration or amendment has been Civ
en-.
Art, 21. That any highway bridge
manufacturer may become a member
.of this association by vote of a ma
joTity Of the members present ut any
regular meeting after having made
application to the secretary in writ
ing.
Art. %. That all questions COM
ing up at any meeting shall be iecid.
ed by a majority vote except where
provided otherwise in this agreet
ment."
Attorney General Ellis, in his suit
charges the following bridge COM
panies with being parties to this trust
agreement and that it was first enter.
ed into June 1897 The King Bridge
Co.. the Canton Bridge Co., Massillon
Bridge Co., Bracket Bridge Co, Cham
pion Bridge Co. (of Wilmington the
Columbus Bridge Co., Bellefontaine
Bridge and Iron Co, the Variety Iron
Works Co., the Adams Bros. Co.,
(Findley) Mount Vernon Bridge Co..
the Iron Substructure Co., the Penn
Bridge Co, of Pennsylvania and the
American Bridge Co, of New Jersey,
New York ana Pittsburg.
But the evolution of the bridge COM
bine did not stop with this carefully
executed pooling agreement. For var
ious reasons it was not as carefully
followed as its trainers had intended
it to be. Some of the Ohio bridge
companies amount to very little, are
rather barnacles on the trade than
factors in it, and it was not always
possible for the big, responsible con-
Germs to keep them in line InNthe
practical working out of the room
pools, too, it was aften convenient
and sometimes necessary to disre-
gard the articles above. And at best
an unlawful contract is nebulous
bond Of union So the trust devel-
oped from the pool.
wv. S. COUCH"