The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-03-24

ou11Ctihs an II 'SOuI-
gel for the Standard Oil company. at the
Investigation being conducted by At
torney General Hadley of Missouri
agreed today to have noted on the rec.
ords of the hearing an admission that
the stock of the Republic Oil company
with the Waters-Pierce Oil company
and the Standard Oil company of In
diana is held In trust by the Standard
Oil company of New Jersey.
Rogers on the stand.
Henry ii. Rogers, ce-president Of
che Standard OIL company, was the.
first witness today in the investigation
conducted by Attorney General Had
ley. who is seeking to GUST the Stand
panies alleged to be allied with it from
doing business in Missouri. :
Attorney General Hadley commenced
by asking Mr.. Rogers if he is a stock
holder in the STANDARD Oil of Indiana,
and Mr.. Rogers said he is.
"Do you. know anything Of the con-
ditions Of the sale of oil in Missouri?'
he was asked.
ttNot in detai),' replied Mr.. Rogers.
H'Do YOU know of any division of
the business in Missouri relative to the
sale OF oil between the respondent COM
p%anies, the Waters-Pierce and the Re
public Oil Company"
Il do not.'
do you own or control any stock in
the W~aters-Pierce company yourself or,
thru another persona /
81 do mott
Knows Of the Company.
"You know of the existence of the
Waters-Pierce company of Missouri, do
you not?'
II have heard of it, replied MI.
Rogers.
Mr.. Hadley then read a question
asked at the previous hearing which
charged that the Waters-Pierce COM
pany and the Republic Oil company
and the Standard Oil of Indiana were
doing business in Missouri in violation
of that states antitrust laws.
els it not a fact that the stock of
these three companies is held by the
Standard Oil company of New Jersey
OF by some person or persons In trust
for it for a combination trust, con-
federation or agreement9' the attor-
n~ey-general asked.
my knowledge is extremely limited
as to such details,' answered Mr..
Rogers.
Admission by Oil Trust.
Judge Johnson, one' Of the attorneys
for the Standard Oil company, then
had it noted on the record that the
Standard Oil company would admit
that the stock of the Republic Oil
company and the Waters-Pierce and
the Standard Oil company Of Indiana
was held in trust by the Standard Oil
company of New Jersey.
Judge johnson added that the admis-
sion was made for the purpose of the
presnet litigation. Judge Priest, also
Of counsel for the Standard Oil COM
pany, said the stock shown on the stock
book of the Waters-Pierce company as
standing in the name of M. NJ. Van
Buren, was held in the interests of the
Standard Oil company of New Jersey,
and that they make that admission. for
the purposes of this litigation.
81 don t suppose the stock is held for
the purpose Of this litigation OBJ
served Mr.. Hadley.
"No, the admission is made for the
purposes of this litigation,' replied
Judge Priest.
The Standard Oil attorneys had the
admissions, noted on the record and
Judge Priest then said it was under
stood, of course, that these admissions
Were made subject to an exception as to
Its materiality, to be passed upon by the
higher courts. is
Another Admission.
MI. Hadley then said that he wished
1t understood that these admissions of
stock ownership covered the period of
time named in the information. The
trust attorneys agreed to this, and
made a new admission, that for the
purposes of this litigation only, it
would be admitted that a majority of
the stock of the Standard Oil of Indi-
ana and all of the stock of the Republic
Oil is held in the interests of
the Standard Oil of New Jersey.
"Strike out the word interests -
demanded Mr.. Hadley, "and make it
Continued on I'd Page, 9Th Column.