Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-19
STOCK FOR RAILWAY MEN
Pennsylvania Officials Given Shares by Coal
Companies Served BY Their Road.
ONE TRANWAsTER ACCEPTED MONEY
Forr~r President Frank Thompson
A~ Those Presented with
tOck-Mr. PitcRirn's
Bis Dividends.

tlons of stock to officials and employees OF
/ the Pennsylvania railroad by soft coal min
/ ing companies, the Interstate Commerce
commission today adjourned until next
/ Wednesday, when it will resume it ses-
sions In this city and proceed with its in
quiry into alleged determinations BY the
railroads in the distribution OF cars
F. L. Sheppard. general superintendent
1 Of the United Railways of New Jersey,
/ was examined today as to his stock hold
/ ings in coal companies and alleged pier
/ privileges given the Berwind- White COM
| pany at tidewater. F. NJ. Gross. western
| manager OF the Keystone Coal and Coke
company told Of men in the motive power
department OF tho Pennsylvania who owned
4 stock in the various coal companies
! Edward Pitcairn, trainmastcr on the
| Pittsburg division. admitted having ac-
cepted stock in coal companies and r. p.
| Freeman. another trainmastcr. said he re-
ceived Christmas presents of money from
coal companies
Major Richard Coulter, jr., during his
testimony said that Frank Thompson. a
former president Of the Pennsylvania rail-
road, had participated in stock distribution.
CIeave Declines stock.
Evidence OF stock presentation by the
/ coal companies to railroad officials was ad-
duced at today's session Of the Interstate
| Commerce commission. f. j. Cleave Of
Cresson, Pa, superintendent of the Penn
! sylvsnia railroad was the first witness.
! He was asked If he held shares in any coal
! companies. He said he had $50 shares in
| the Cochran Coal company. which he re-
! ceived in partial payment for land sold to
! the company
] Had iy
coal companies?" asked Attorney Glasgow.
II was offered stock but declined to ac-
cept IT,"
! H. l.. Shepard of New York general su-
perintendent of the United Railways of
New Jersey, when questioned by Mr. Glas-
gov. ssid he owned stocks in several min
| ing companies. He could not recall the
/ names OF some OF these companies. The
! stock In one, which is a subsidiary com-
pany Of the Berwind- Coal company.
| the witness said, he received from Edward
Berwind. 1t was paying dividends. but he
did not remember the amount.
Mr.. Shepard said he owned nifty or 100
shares in the Pine Run Coal company He
received this, he said, from Frank Patton.
He had invested $500 in another company,
which failed. This money was returned to
him and he was given the Pine Run Coal
company stock. He was also given, he
said, nifty or sixty shares In the PIttsburg
Coal company for his work in negotiating
the sale Of the stock
/ Mr.. Shepherd was asked II he knew that
any Pennsylvania railroad officials were
Interested in the Berwind- White company.
He replied that he had no knowledge of
the matter, but that it was generally re-
ported TO be the case.
Trainmaster Accepts Money.
r. B. Freeman, trainma ster of the Penn
sylvania railroad at Tyrone, testified that
during the Christmas holidays he received
from several coal companies gifts of 500
in money
f. NJ. Gross of Greensburg, Pa. west
ern manager Of the Keystone Coal and
Coke company named Robert Pitcairn. jr.
Edward Pitcairn, R. l.. ODonnen ]. N.
Purviance, w A. Patton and a number of
smaller officials including two clerks in
the motive department Of the Pennsylvania
railroad as stockholders in a number of
coal companies, He said the railroad men
received their shares on the same basis as
all other stockholders.
The witness said that nearly all OF the
companies in which railroad oficiaIs were
interested furnished fuel coal to the Penn
sylvania railroad. At the afternoon session
Major Richard Coulter, Jr secretary of the
Keystone Coal and Coke company, was
asked who were the original stockholders
in the Hempheld Coal company. He said
the company was organized by his father,
Richard Coulter, ST., and the stock was
distributed among Frank Thomson, former
president OF the Pennsylvania railroad :
Robert Pitcairn. George F. Hun and Lloyd
b. Hun
"A aIr- 70 h. a.,
asked Mr.. Glasgow.
1T was" replied the witness
The idea then was to take in such rail
road officials as would strengthen the or
ganization, was II not?" inquired Mr.. Glas-
gov.
Il believe that was the purpose" replied
the witness.
The witness said further that the com
pany had been absorbed by the Keystone
Coal and Coke company.
Dividends for Car Distributor.
Edward Pitcairn. trainmaster on the
Pittsburg division, gave the names of a
number Of coal companies in which he held
stock Asked how ne procured II, he said
that most OF IL was given 20 him when
the companies were organized, at which
time he paid his assessment OF 10 per cent
For 600 shares Of Keystone Coal company
stock he said he paid $500 and the income
amounted to $4,000 annually. Further ques-
tioning brought out the fact that Mr..
Jamison OF the Jamison Coal company
had Fiven Mr.. Pitcairn certificate for
200 shares in that company. The witness
explained that when the stock was offered
to him he told Mr.. Jamison that he would
not accept It II II was intended that he
should show the company any favors In
accepting other stock Mr. Pitcairn said he
had the same understanding with the per-
sons who gave him the shares. Mr.. Pit
cairn said he had supervision OF the car
distribution over the division on which
the mines in which he held stock were
located
J. n Russell a road foreman on the
Pittsburg division, and John AIdred chief
clerk In the once Of s. C Long. supsrin-
tendsnt Of the Pittsburg division. also tss-
tined 20 holding stock in various coal COM
panies.
Statement by Captaia Greene.
The following statement was issued today
by Captain John p, Greene vice president
Of the Pennsylvania Railroad company:
The recent developments at the hearing
In progress before the Interstate Commerce
commission in this city In respect 20 the
acquisition and ownership OF the stocks of
coal companies and the acceptance OF