The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-09-19
Attorney Kellogg Brings Out
Several Interesting Facts
In the Suit Against the Stand
ard Oil Trust.
MORE THAN A FOURTH
Of the Trust Shares Owned by
John ID. Rockefeller.
He Received PrOportiOnate
Stock in Subsidiary Companies.

New YORK sept 19.-WeSley H.
Tilford, treasurer of the Standard Oil
company was questioned today by
Frank B. Kellogg, who is conducting
the federal suit against the oil com
bine. in an effort to CLEAN facts and
figures concerning the development OF
the Standard Oil trust and its subse-
quent liquidation into the present
Standard Oil company of New Jer-
sey. Mr.. Kellogg said today that the
records of the Iiquidating trustees.
which had been finally furnished by
the Standard company, were being
examined by the governments coun-
sci and that it might be several days
before the information desired could
be produced in court Mr.. kellogg
also intimated that further witnesses
might be subpoenaed as a result of
the developments of the last two days
and that the hearings would likely be
prolonged for some time
Mr.. TiIford was shown a copy OF
the agreement of 1882 showing d list
of companies that entered into the
trust.
1T appears that the Chess Carley
Have you thought about that since 1
spoke to you last night?" asked Mr.
Kellogg
NO. I have not" replied Mr.. Til
had been a member of the Chess
CarIey company of Louisville, before
he became identified with the stan
dard Oil company Mr. Tilford was
asked when it signed the trust agree
ment. He replied that the stockhold-
ers were F. d. Carley and the Stan
.dard Oil company of Ohio
Mr.. Tilford said that he became
identified with the Standard Oil COM
pany of Ohio in 1878. He was a
iIioIIidating trustee and one of the
trustees under the trust agreement, ne
said Mr. TiIford testified that between
1882 and 1899 the trustees received
+he dividends on the unliquidated
stocks of the subsidiary companies and
distributed the money to the noldefs
of the trust certificates and the holders
of the fquidating assignments Inc
trust trustees did not vote this sub
sfdfary stock as they had done before
the company underwent liquidation
Trustees Voted the Stock
Prior to 1892. Mr. Tilford said the
+r,Tstaes voted the stock and elected
the directors of all the subsidiary COM
panies- r.,e..z
If II vas not a fact that the lfquidating
trustees during the Hqutdaung perloo
voted the stock of the subsidiary com
uanies whose stock was still unhqul-
dated
P''sr .sThen who voted for the officers of
these subsidiary companies? asked
"ea .aThey he We're elected by individual
stockholders of these companies" an
swered Mr.. TfIford-
Mr.. Kellogg took up the method OF
1iquidating company and showed tne
witness a certificate of assignment
made to John D. Rockefeller
.sThfs shows that John D. Rookie
teller owned 256,s54 shares out of
total of s72,5o0 shares Of trust Ger
tiicates in 1892" said MI hehogs-
rs that correct2"
IT think so according to the assign
u1ents here" replied Mr.. Tilford-
well. you as counsel for the trus-
tees. was one of the s1gners OF the as
signment, were you not
Yes"
Then when you made out this as
sfgnment you transferred TO ME-:
Rockefeller his proportionate control
of all the stocks of the subsidiary
Yes. sir" replied Mr. Tilford.
Mr.. TiIford was asked if he could
produce a record showing the amount
Of stock of the Standard Oil company
of New Jersey issued to John D.
The witness replied that he did not
Evidence was adduced which Mr.
kellogg says tends to prove that the
Sran0aru OAl -
Texas under the name of the Corsi-
cana Refining company The Texas
anti-trust laws forbid the Standard
from doing business within the Dor
yeioned from Wesley H Tilford,
traasurer of the Standard Oil COM
Danv that H. c. Folger and c. NJ
Pavne. who. Mr.. Kellogg says are the
owners of the Cors1cana company, are
oeeici9Ie of the Standard Oil company.