The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1906-03-26
STANDARD OIL COMPANY HOLDS
IN TRUST STOCK OF THREE
SIMILAR CONCERNS.
u.H. ROGERS QUESTIONED BY HAoLEY
DISPLAYS EXTREMELY LIMITED
KNOWLEDGE OF AFFAIRS
OF HIS COMPANY.

the Standard Oil company, at the In
vestigation being conducted by Attor'
ney General Hadley of Missouri,
agreed during the day to have noted
on the records of the hearing an ad'
mission that the stock of the Republic
OIL company, the Waters-Pierce Oil
company and the Standard Oil com
pany of Indiana is held in trust by the
Standard OIL company of New Jersey.
Henry H. Rogers, vice president OF
the Standard Oil company, was the
first witness called when the hearing
was resumed.
Attorney General Hadley COM
menced by asking Mr.. Rogers II he Is
stockholder in the Standard Oil CON-
pany 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.
mot In detail" replied Mr., Rogers.
do you know of any division OF the
business In Missouri relative to the
sale of oil between the respondent
companies, the Waters-Pierce and the
Republic on company"
81 do not"
"Do you own OF control any stock
in the Waters-Pierce company your
self or through another person."
Il do not"
us H. nj. Tiiford director of the
Standard Oil company of Indiana?"
His knowledge Very Limited.
81 don't know. l don't think So"
"Do you know what business he is
in?"
IL think he Is connected with the
Continental Oil company"
HAS Mr.. Tilford an office at 26
Broadway"
81 think he has"
lis the business of the Standard OIL
company of Indiana controlled In Mis-
souri, by any trade committee with
Offices at 20 Broadway" asked Mr..
Hadley.
mot to my knowledge" replied Mr..
Rogers.
"You know of the existence of the
Waters-Pierce Oil company OF Mis-
souri,, do you not?"
81 have heard Of it," replied Mr..
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 viola
tion of that states antitrust laws.
"Is it not q fact that the stock OF
these three companies is held by the
Standard Oil company of New Jersey.
or by some person or persons in trust
for 1t, for q combination, confedera-
ton or agreement the attorney gen
eral asked.
MY knowledge is extremely limited
as to such Details" answered Mr..
Rogers.
Judge Johnson, one of the attorneys
for the Standard Oil, 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-Pisrce company and the Stand
ard OIL OF Indiana was held In trust by
the Standard Oil of New Jersey.
Held for Standard Oil.
Judge Johnson added that the ad-
mission was made for the purpose OF
the present litigation. Judge Priest,
also Of counsel for the Standard OIL
company said the stock showing on
the stock book of the Waters-Pierce
company as Stauding in the name OF
NJ. M. Vanburen was held IN the In
terests of the Standard Oil company
of New Jersey and that they made
that admission for the purposes OF this
litigation.
II don't suppose the stock Is held
for the purpose of this litigation" OBJ
served Attorney General Hadley.
mo, the admission Is made for the
purposes OF this litigation" replied
Judge Priest.
The Standard Oil attorneys had the
admissions noted on the record ana
Judge Priest then said 1t 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.
The examination of Mr.. Rogers was
then resumed, but after being asked
few questions he was excused for the
present. William Rockefeller, son OF
William G. Rockefeller. was the next
witness. He Is assistant treasurer OF
the Standard Oil company, but his ex-
animation brought out nothing OF Inn
portance.