The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-05-19
OFFERED STOCK
OFFICIALS | J "
Further Evidence Against CONF
panies in Coal vestigation
in Philadelphia. s.S,'
SOME ACCEPTED THE STOCK 1 &c Il
fsnec,o, "a ,rhe Times Dispat ch.

Especial to The Times Dispatell;1 ...s,8S
PHILADELPHIA, May 1s..--Addi tiona1 III
evidence OF stock presentation n by Il coal
companies to railroad officials was n ad o.
duced at to-days session OF the Interest
Commerce Commission. sS3 n ,ss,ss88
q. r. Cleave, OF Cresson, Pa s,lperin s ssS
tendent Of the Cambria and Clearheldss
division OF the Pennsylvania Ra1lroad,a
was the first witness. Fl 9 was asked IL L.
he held stock In any coal conpa les. IL ~ 81
said he had 250 shares in the Cochran, an
Coal Company, which he received In par
tial payment for land sold to the COM
pany 6 W # WI Z. u ss,,I11s4SSY
any coal companies? inquired Attorneys
Glasgow. VA s 81 N z a'5f5s
.,,1s ii necessary to answer that auesa;s.sss,
tion?' asked the witness. .as5s ssss
sit isl % 3l.$ In,
Il was offered stock, but declined 1 sto asI
accept it," &3t S a.,' ss 81
# F. L. Sheppard, Of New York, gensrals
superintendent Of the United RailWa va
New Jersey when questioned q by8s4sN r:sa
Glasgow, said ho owned stock IN severnIM,
mining companies. He could not%reoailY
the names Of some Of these compa1fa
The stock In one, which ls Subsidiary
company OF the I3erwind- White Coal
\ Company, the witness said. he received
from Ed ward I3erwnd. S3fsE
Stock Paid Dividends.
It was paying dividends, but he did
pnrd said he owned fifty or u h,ndEr|ep}3l;Is
shares In the Pine Rim Coal Compail@N.HsM8
He received this he said, from Fran k5sS
Patton. He had Invested $500 In rit5Tsy8
other comklny, which failed. T his money!
was returned to him and he was givs1la#
the Pine Run Coal Company stock Ileeais
was nlos given, no said, sixty or seventyNy
shares in the Pitstburg Coal Company5
for his work innegotiatlng the sale ofa
4 the stock. Is w HI q S$s IS @53Es5 NV
'iHnve you ever declined to agent
stock In any coal companies q queries
Mr.. Glasgow. VA Il H n ssslis
Z 81 have" .Sss58s ffsEss
,.Wel Thought L might be asked to do
lsomethlng that would not be proper 5inStny3
official capacity. ~ ~
cd 2" u s, s.8
II really cant remember WIEN siEA,35S
"You were In u posi- ton to favor theas
coal companies r. nv Il III 81 tig
ITO certain extent, yes Ssi8fgS
Accepted Some Stock.
Then, some you turned down and oth tbs
ers you accepted = 5 .f SS3$5
That's correct M ss.35lS
8"IYhy didn't you turn them all down sss$
ar did not think there was an lnlproESS.%
5prtety in accepting the stock to OK sss
@"FIas any other company the same facc iil:.
tiles as tho Bcrwtnd- white for dumping
coal at Hurslmus 2" asked MT, S1 lis
mo- replied the witness. ~. 34&ss
.Mr shennard was asked II he knew thatsA
any PENNSYLVANIA officials were 1nteresteaoia
IN: the Bcrwnd-Whit Company. Is te g s l,ta5
pied that he had no kno"leuse y.
matter, but that 1t was generally reptoEtsuSS
to be the case, !, & r,ar. w
,,ind. White Company rented q pier ~ ~.
IJnrsimus from the Pennsylvahla sfNet y, IA
rond for $500 a year. This pier, ne sstni,$
wos improved at a cost of s+O,0OV ptsIttott ss{
tht, coal company rented H. /. ss .ii;;ssssaa
Mr.. Glasgow wanted to know ~ ~, I.e.
witness did not think the rental Fa tIA1tSs
low. Mr., Sheppard Thought So. stsSS
FURTHER questioning ellcited the lntp ~
nation from the witness that the rai ll'1s
road company allowed the Berwtnd- y ! n..as3
Company seven cents ton 1of u',l taIn,S
at Harsimus and that other conpanlss%
at South Amboy we're allowed tiVe c .Ft's
a ton for the same work. \, /, s.g
did not think IT Injurious to the repuiissalt7s39
tlon and standing OF n corporation li. NE,
the Pennsylvania Railroad for IS Soul:sg
cials to accept gifts of stock IN coa!
companies Mr.. Sheppard said ne Wouuttea8I
not attempt to justify the practlce' |84f855
Corrected His Testimony. @
Frank H., Vision president Of IN tae :, Mie e
rSaale Coal Company VINO SestaauInS, -
tincd tina. his company had received lre-sS
hafes from the Pennsylvania Railroad up
to within few months Of the retirem 1e..
Of Freight Traffic Manager joyce IN Typ, n
to-day corrected his testimony .slts#
"'Thc last adjustment our company maze
with w, ii, joyce, he said, was IN ls99ss,y3S
After that time the adjustment Was, maassf
hy rendering monthly bills UP 70 MnIs Met,
II. 100 Since that time We have pala
he net rate MS published by the railroads
'V rnrmniiss Clements asked Afr, Wis1#f
ION if Ills company kept all the rebateS
nr II they rebated them in ;urn, mo
Witness said the rebates were KEPT ny theS
company, #