The evening world. [volume] (New York, N.Y.) 1887-1931, 1908-10-14
0O-CENT VICTORY
. IN GAS WAR MAY
I. MEAN NO REFUND
Consolidated Company Has
Given No Excess to Federal
Court Since March.

II the people win the So-cent gas fight
now In the United states Supreme
Court consumers of the Consolidated
Gas Company's product will have to sue
for the difference between the legal
rate of so cents and 81 arising since last
April.
Through an order signed six months
ago by Judge Ilough. of the United
states District Court. the Consolidated
Gas Company no longer pays money
into the custody Of tie Federal Court
Already the Company has saved ST.
10000 principal and $4,000 interest by
retaining custody OF the funds in dis
putc,
Here Is the pledge to the consumer
printed ON the back of every gas bill
receipted by the Consolidated Gas Com
pany:
fGuarantee" Not Backed by Funds.
I'm c,Sse the Supreme Court of the
United S'gies shall declare Chapter l25
or the laws OF 1906 to be valid, the
fund deposited in said court, pursuant
TO said order. Will be applicable to the
repayment tn toe person named in the
written bill upon presentation OF the
amount thereof collected in excess OF
20 cents per 1000 cubic feet, in case
such bill has been duly receipted in full
BY the Gas Company"
Special Master John A Shields, who
Is custodian of the gas fund, Clerk OF
tho United States District Court and
United States Commissioner, said to-
day to an Evening World reporter:
No fund has been deposited in said
court by the Consolidated Gas Com
pany since March 80. 1908. This COM
pany no longer sends m ethe 20 per
cent. in dispute. / have 81, ass. IS de-
posted ythe Consolidated Gas Com
pany between May Il. 1906, and March
80. 1893.
II the people win the s0-cent gas
night are you able to pay customers of
the Consolidated Gas Company the 20
cents on every dollar they have paid
since March 3O?" was asked.
ct course not" replied Mr.. Shields.
How will they get this money,
which will then belong to them?" was
questioned.
Ask me something easier" replied
me ~, company an 70 and n get IT,"
u, Master Shields before March 30 has been
distributed by him among seven ma.
tional banks. OF this sl4s, 1892 repre-
sents accumulated interest.
Altogether Special Master Shields has
3:eA0o in the gas fund. OF which s2ss,
ooo Is interest Thus the Consolidated
controls more than 50 per cent. OF the
nve companies of Manhattan and Bronx
are still turning in 20 per cent. OF money
received from consumers.
In Trust Controllers Banks.
Examination of the personnel of the
directory Of the banks, where the
money mas been deposited shows that
o pey a sbs Gensr2Ied by the interests that
has passed hands. Every month six
checks have been sent to Special Mas
ter shields, who would send them to
monthly grist has been five checks.
Here are the banks:
Merchants National Bank, National
s Rshk OF Commerce. Hanover National
National Bank, Citizens Central Ma
tional Bank Importers and Traders
National Bank.
Five directors OF the Consolidated Gas
Company are directors of the National
City Bank. They are William Rookie.
Teller. Samuel Sloan, Moses Tavlor.
Frank 4. Nanderslip and j. w. sterling
Mr.. Sterling is also a director of the
New Amsterdam. Central Union and
Standhrd gas companies. President r.
N. Galloway, of the New York Mutual
Gas Company, IL president OF the Mer-
chants National Bank. q. Zahriski is a
director Of tho Merchants National
Sank and a dirrct"r Of the New York
Mutual Gas Company.
James Stillman is director in the
Citizens Central Bank and the In
porters ana Traders National Bank. +.
;. Marston. director of the New Ans
terdam Gas Company. Is director of
the National Cuy Bank