The Montgomery advertiser., 1908-12-02

the General Industrial Company.
 n have no knowledge of it."
 Does the Standard own or oOntrol the London Commercial Trading and Investment Companyg'
 Not 10 my knowledge"
 MT. Kellogg desired to know if the standard had financed the security company through the Anglo company. put MT. Archbold said he had no knowledge of it. The witness said he had no knoWledge that the Standard owned or eontroled the security.
 Mr. Archbold said he understood Inc Sonsicena Refining Company had been built with the StandaFds' money. He was not aware that the money furnish- "a Tor the Corsicana company only ap. peared on the Standards books as e iosn 70 Folger and Payne.
 How is 1t held nowT'
 "Folger and Payne are paying for 1t. The vexatious conditions in Texas made us want to set rid of if.
 Whl you produce the English books Of the Anglo-American cotnpanyF
 II don't think have the right: will advise with counsel"
 MT. Archbold said that under the ad- vice of counsel, the legal ownership of the Waters-Pferce oil Company was held by C. M. Pratt and N. NJ. Van Bu- ~~as ~@AAs AACatD0AQ HOH-Al1-khW e114I. AGis logs called the attention of the witness 10 testimony that the waters-Pierce Company was an independent company.
 MT. Archbold said the property of Schofield. Schurmer and Teagle in Cleveland was purchased, but whether it was turned over to the Republic Coil Company he did not know He had no recollection of discussing with any Standard official regarding the purchase eH khA knkk kk~S sA nies or the two English companies
 MT. Archbold told of the Standards business relations with the Tidewater Pipe Line Company. When the Stand ard obtained possession of 31 per cent of the Tidewater stock. it took over several small independents at the sea- board. E. ~
 "our purpose In securing these in- dependents was to succeed to their vcl- who told of the construction of the Crescent Pipe Line and the United States Pipe Line. The witness said stock was bought in the United States Pipe Line for an investment and to know what was going on.
 Mir Kellogg asked the witness if after the Standard had purchased 3B per cent of the stock of the United States Pipe Line the other stockholders Qk tHN QAAtN0 6tNScD APU A4AAD AA13 placed their stock in trust.
 Mir. Archbold said he understood that
 you testified before the Industrial Commission that the United States Pipe Line was a trust7"
 4 Restrictive Trust.
 'Yes; 1t Is pure. unadulterated re- strictive trust" replied the witness. Restrictive of the Standard?'
 Mir. Archbold was questioned About the purchase of the. Globe Refining Company and Western Pipe Line Com pany. Other pipe lines which were taken over by the Standard were sub jects of interrogation by the Federal counsel.
 Mir. Archbold said there were sew eraI pipe lines which the Standard did not own. The witness said the stand. ard pipe lines frequently occupied the rights of way of railroads, which were paid for.
 The vice president of the Standard said Che re9ineries which had been purchased were not dismantled but rather taken down and available parts consolidated with the larger refineries of the Standard. Mr. Kellogg wanted to know if it was not a fact that the Republic oil Company was organized by clerks in the Standards office and that for a long time it's real owner ship was not made known. Mir. Arch bold said he knew nothing of 1t, Mir. Kellogg asked the wttness to produce a list of all companies which had. been acquired by the Standard from 1889 to 1898. Mir. Archboli said he would consult with counsel on the request.
 Hfr Archbold said he was one Of the owners of stock of the Acme oil Com pany, of New York, which he said was held under q common owneTship with orders and was not under the domina- ton of the Standard.
 Adjournment was taken until tomor- row when Mr. Arehbold will be fur ther cross examined.