The evening star and Newark advertiser., 1907-09-24
A. N. BRADY IS
WITNESS IN
OIL SUIT
Tells Of Ills Oil Company.
Didn't Know Standard
Was Purchased.


NEW YORK, Sept. 24.-More infor-
>mation concerning the contractual re-
lations existing between the Tidewater
Pipe Company of Pennsylvania and
the Standard Oil Company was de-
veloped when Robert Benson. general
manager of the Tidewater Company,
was again called to the stand in the
hearing of the Federal suit against
the Standard Oil Company. Mr. Ben
son testified that the pipe line of the
National Transit Company, a subsi-
diary company of the Standard, was
not completed to the seaboard until
after the pipe line of the Tidewater
Company had been completed to Con-
stable Hook, N. ]. The witness said
that on October 9, 1888, the contract
between the Tidewater Company and
the Standard was ratified whereby the
oil business was divided between the
two companies.
When Mr.. Benson concluded hts testi-
mony Anthony N. Brady was called to
the stand. He said that he had never
been owner of stock in the Manhattan
OIL Company of Ohio. He could not
recall when the company was organ-
lied.
Mr.. Kellogg offered at this point i'll
evidence copies of statements showing
that on May Is, 1890, the Manhattan
Company increased it's capital stocK
from $500, COO to $2,000,0O0; that on May
22, 1902, the company reduced is CAPT
tai stock from $4,000, 900 to $500,G00, and
on October 22, 1905. the capital stock
was again reduced from $500OOO to
$15O000.
"Whe were the principal owners of
the Manhattan Company"
"E c. Benedict and myself"
Mr.; Brady, on request of counsel, pro-
fuced an agreement whereby he, on Au-
gust 81 1889, agreed to turn over to the
General Industrial Development Syndicate,
Limited of London, 10000 shares of Man
haitian Oil Company stock FOR IL and
other valuable considerations"
Mr.. Brady produced cablegram sent
him by one of the counsel of the Industrial
Development Company accepting the OPP
ton.
The cablegram further stated that u.
H Cuthbert will call on you. He has
full power to act" 1t has been testified
that ]. II. Cuthbert Is an auditor for the
Standard company.
Mr.. Brady was asked If he had not de-
manded a contract with the Standard as q
consideration for selling the Manhattan
Company. He said that he did not, but
that he has insisted that a satisfactory ar
rangement be reached 80 that the gas COM
panles in Chicago could be protected
"Did you know that the Manhattan OIL
Company was being sold to the Standard
Oil?'
~ did not" answered Mr.. Brady.
''But you demanded contract with the
Standard guaranteeing a supply OF oil for
the gas companies?"
& "No not that" answered Mr.. Brady.
fsI only asked that the Chicago Gas Com
pany be. fully guaranteed as to its supply,
and the Standard was the only name men
toned by the counsel for the London COM
pany.
~ see by the cablegram that John H.
Cuthbert had full power to. act for the
London company. Did he call on your"
Eyes, sir, and he told me that he was
not connected with the Standard OIL Com
pany," replied Mr.. Brady.
didn't you know that at that time he
was an auditor for the Standard and a
director of the Tidewater Company" asked
Mr. Kellogg.
mo, sir, ~ did not at that time" an
swered Mr.. Brady