The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-09-28
Prosecutor Frank B. Kel-
logg is Steadily. Run.
ming Standardto Lair.
RECORD KEPT
In STEEL SAFE
Government Representative Is
Seeking Them to Probe Al
legged Dissolution OF Oil
Irust-Enormous Profit
Of Pipe Lines Is
Brought Out.

NEW YORK, September 27.-Frank
3. Kellogg. conducting the suit OF the
United states Ior the dissolution OF
The Standard OH Company Oh New Jer-
sey, Maue another hupL to-uay III TIE
hearing OF the oil case to discover u
tran tnat wouid lead TO the hndlnS OIL
the ionB- -sougnt BOOKS OF the STANDARD
On trustees and liquldating trustees.
When the hearing was conciuued Mr.
Kellogg said that he was closer to the
books. from which he hopes 10 prove
that the oil combine never underwent
n legal dissolution. than he mad been
at any time since the government 8
action was commenced.
Charles White. the assistant secretary
OF the Standard OIL Company OF New
Jersey, said on the witness stand to-
day that when he went to the secre-
tary's office to assume his new duties
there we're two steel safes In the ottice.
One of them contained the books and
records of the standard Company, the
witness said; what was in the other
safe he did not know. Mr.. White said
that no one told him the nature OF the
contents of the second safe, which was
removed two weeks after he had gone
there.
From whom the ORDER came or
whittier 1t was taken the witness said
he could not answer Mr. White said
thu: he had never seen the records @of
the Standard OH trustees or OF the
liquidating trustees, showing the va
rious transfers of stock in the trust
and liquidat!ng period. He said he
had hunted for the records recently,
but was unable to find them.
Excessive Pipe Line Profits.
More testimony was taken to-day to
show the profits of some OF the Stand
ards subsidiary pipe lines. which the
governments counsel declared are ex-
cessive and maintained to prevent ship
ments OF crude oil by independent pro-
ducers.
George Chesbro. controller of sev-
eral of these subsidiary pipe lines, tes-
tilted that the Southern Pipe Line Com
pany. of Philadelphia. earned si.376.-
61S gross In 1899, and that the oper-
ating expenses were only $316,522.
That the balance sheet Of the COM
pany for that year showed the net
plant investment to be s2,125. 66. The
company's balance sheet showed a net
income of s2,607.s56. as payment to
j. r. Tralnor, and charged to operat-
ing expenses. Mr.. Chesbro said that he
could give no information about the
Trainor account or why 1t had been
charged to operating expenses. In 1900
showed s4599,S3s paid to AR. Trainor.
The case was adjourned to-day until
next Thursday in order that John G..
Milburn, one OF the DEFENDANTS coun-
sci. might attend the Mckinley Monu-
ment dedication in Canton. Ohio.
Another Complaint Filed.
FINDLAY, OHIO, September 27.-
Another case against the Standard Oh
Company brought by independent pro-
ducers was started here to-day in
Common Pleas Court. The suit was
begun by George II. Phelps against
the Standard Oil Company. seven sub
sidiary concerns, John D. Rockefeller
and several other officials OF the con-
Germs.
After alleging that the defendants
named are operating in restraint OF
trade and against the independent oil
producers in particular, the plaintiffs
pray that the corporate charters OF
the corporations named. except those
of the Ohio OIL Company and the
Standard OIL Company, be adjudged tc
be illegal, fraudulent and void. an6
that each of the defendants be perpet-
ually enjoined from doing any act ir
said corporate name or form; that
receiver be appointed for each OF the
defendants, with power to wind VI
each OF the defendant corporations
In order that the perpetual injunction
NAV be forever in full force and eff.
81