Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-09-20

Mr.. Tllrord said that TO the present date
pT2 t92 shares OF the Standard on Company
OF New jersey has been exchanged Tor
trust certificates. He said there still re-
mains outstanding stock of the subsidiary
companies which has not been exchanged
for the remaining eight shares of the Stand
ard OF Company.
Nh Tllford did not know il it was fact
that In 1sss or 1889 the Manhattan Oil Com
pany ~ Ohio sold its tank cars TO the Inlon
Tank Line. subsidiary company or the
Standard company, nor could he say If the
Ohio oil Company another Standard sub
sidiary purchased the oil-producing wells
OF the Manhattan company.
Witness Doesn't Know.
Now did not the Solar Refining Com
psny. another subsidiary company of the
Standard. purchase at that time the re-
finery OF the Manhattan Oil Company
asked MIR Kellogg
MT TlIford replied: Il do not know.
Mr. Tilford questioned regarding the
records showing the amounts of shares OF
the subsidiary companies held In exchange
for the trustees certificates. The witness
said M, did not have the record.
Mr. Tilfo-d shown a record of the
shareholders OF the Standard OH Com
pany OF New Jersey August 10. 1901.
According to Mr.. Tilford's testimony,
500 shares were owned by John ID. Arch
bold and 80 shares by John F. Archboid,
his son. The former was one OF the sign
ers OF the original trust agreement. S. G.
Bayne K 60. owned 40 shares. s CT. Bayne
Is president OF the Security oil Company.
Mr. Tilfurd was questioned about the
stockhoIdings Of the Rostwick & BreWs-
ter families The witness gave little in
formation about the identity OF the uu-
merpus individuals who held the stock
Flagler ad Payne's Holdings.
Mr. kellogg. reading over the list of
stockholders many Of whom he inquired
about from Mr. flford. spread the
record that Henry NJ Flagler owned 10000
shares of STANDARD oil stock. Mr.. Kel-
Iosg's inquiry was directed to adduce that
many Of those individuals who signed the
original trust agreement in 1882 were still
Identified with the company. Oliver H
Payne. who signed the trust agreement.
holds 4oHp shares OF the cOmpany's stock.
The stockholdngs OF Charles H. Pratt
were shown to be ~. $50 shares. while his
son. Charles NJ. Pratt. the secretary of
the company. owns 5000 shares of the
Standards stock.
How much does Mr. John ID. RoCkefel-
Ter own
The record shows 2I76g2 shares" re-
Piled Mr. T1lford
How many shares does William Rookie
Teller OWN?
William Rockefeller's 11,7OO Shares.
Il find by the record 11.7OO shares" an
swered Mr.. Tilford
How many shares does n. II. Rogers
own"
1920" answered Mr.. Ttlford. who further
said that John D. Rockefeller, jr., owned
1ht shares
The present record of stockholders in the
Standard OIL Company of New Jersey
shows that John d. Rockefeller has since
1SsD. when tho Standard oil trust was
finally dissolved. reduced his holdings in
the company by 9.162 shares. II was de-
veloped yesterday that Mr.. Rockefeller
held 2j6.S5i liquidating trustees certificates
out of total of 972.JO0 certificates.
Mr.. Kellogg showed Mr.. T1lford list OF
Stockholders of the Standard OIL Company
of New York who voted at the annual
meeting of the company January 6, 1896,
together with the number of shares repre-
scented. The list follows:
Smaller Holders.
John d Axchbold. 515; Emma B. Auchin-
Gloss, no; Benjamin Brewster, 719: Paul
Babcock, /. l. D. Clark, 1: II. NJ. Flagler,
2.5lg; Charles w. Hardness. 4.613: Annie
b, Jennings. 10: Esther j. Jennings. 1893;
Helen c. Jennings. 10; Oliver G.. Jennings,
no; Walter Jennings. 173; James F. Ker, l;
A. NJ. McGregOr, /: o. II. Payne. 1,i39: es-
tate OF Charles Pratt, 1895: H. H Rogers
1.3Gi: John D. Rockefeller, 1888; William
G Rockefeller. $50; w. H. Tilford 1O7;
William r Wardwen 1: Percy II. Williams.
1 Total. $500. Trustees of Standard Oil
trust tnon-vottng). 34.39l; fractions mon
vOtingl 10; total. 10000.
The record of the meeting held for the
purpose OF electing directors shows that
William Rockefeller, John D. Rockefeller,
II NJ Flagler. John d. Archbold. H H.
Rogers. w. II. Tiford. A. NJ McGregor, A.
l. Babcock and c. NJ Pratt was elected d.
rectOrs. receiving 81. 500 shares out OF a
total of 1000 shares
The University of Chicago owns 5000
shares Of the Standard Oil Company stock
MIR TilfUrd said he did not know Il the
other subsidiary companies of the Standard
elected their directors in like manner to the
Standard OIL Company of New Jersey
Concerning business Standard
on Company OF New York Mr.. Tilford said
IT handled practically all the export busl-
OF the parent company and that it
purchased the oil from subsidiary compa-
MES Of the Standard Mr.. Tilford was
asked II the New York company purchased
oil from any companies other than the sub
sidlary companies and he replied that some
purchases were made from companies in
western Pennsylvania
Understanding With Independents.
Mr.. Kellogg developed from Mr.. Tilford
that understanding had been entered
into In 1893 with the Pittsburg OIL Refining
Company and several other independent
companies situated along the Standards
pipe line whereby the independents were
to furnish a maximum quantity of oil each
day to be divided among themselves. and
the Standard was to take all the export oil
refined by these Independents.
rs II not a fact that before this agree
ment was entered into the supply of crude
OF! which was being furnished to these in
dependents was materially reduced?' asked
Mr. Kellogg.
Il think it was" answered Mr. TNford
Later. when questioned by the govern
ment's attorney. Mr.. Kellogg. he said he had
no knowledge OF any complaints which A.
Miller & Son of Pittsburg OF the
Independents. made to w. b. Wall. head of
the Petroleum Association in Cleveland
that the Standard had objected to their
seiling oil TO any other exporting firm. Mr.
1iifDTi no I'd dxa5
the export prices
Will Accept Standards Bonds.
CHICAGO September 2o-Judge Gross
cup I'm he United States Circuit court today
declared that he would accept Standard OIL
officials as surety on the two bonds TO be
Med 10y the Standard OIL Company of In
diana before that corporation can obtain
wit Of superseieas preventing the govern
in"Ht from collecting the fine recently i'm
posed 10y Judge Lands. pending an appeal
he attorneys for tine government declared