Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1908-11-25

Il NY SllOll VI oletlliIc, NIL ItiCIIDoiN
we'll knit figure was of compelling an
imation as he sat in the witness chair.
He turned from side to side as if to
watch each individual spectator in the
room and every line of his smooth
shaven face showed that he was keen
ly alive to every development of the
proceedings. He was dressed in a plain
business suit and wore a black bow
necktie. Mr.. Archbold is bald and his
head is fringcd with iron gray hair.
1t is not unlikely that an adjourn
ment will be taken tomorrow night I'M
til next Monday.
There was a lively scene in the cor
ridorS Of the customs house as Mr.
Rockefeller was leaving the building
late today. A process server tried to
thrust subpoena into the hands of the
Standard Oil head, but law clerk, ac-
companying Mr.. Rockefeller. saw his
purpose and before the subpoena could
be served he pushed Mr. Rockefeller
into an elevator. The elevator shot
downward, carrying Mr.. Rockefeller
out of the mans reach. The process
server hurried to the street, but Mr..
Rockefeller had disappeared. The man
would not say whether the suit in
which he wished to subpoena Mr..
Rockefeller was a civil action or Que
connected with the present case.
New York Nov 24.-John D. Rock
efcller testified in the governments
suit against the Standard Oil Co. to-
day that at the time of the organiza-
ton of the Standard Oil Co. of New
Jersey in 1899 he owned 256,S54 shares
Of its stock out of a total stock issue
Of 9S3,3S3 shares.
For the first time since he has Eeen
on the witness stand at the hearing,
Mr.. Rockefeller was a little late il ar
irving today. Frank B. Kellogg, the
governments special assistant attorney
general, resumed his cross examination
taking up the organization of the
Standard OIL Co. of New Jersey where
he ended it yesterday Mr. Kellogg
read what he said was d list of stocks
obtained by that company In 1895 for
which it had exchanged it's own shares.
He said that 442,797 out of a total of
9s3,3 S3 shares first issued were in the
name Of John d. Rockefeller.
Mr. Rockefeller said he did not own
50 much stock as that but did own
25G, S54 shares CT the Standard Oil Co.
ot New Jersey al that time and that
he accepted the other stock and dis
tributed it to the proper stockholders.
1e added that frequently holders of
certificates Of the Standard Oil trust
exchanged them for stock in the
Standard Oil Co. of New Jersey rather
than accept shares of the various sub
sidiary companies.
The Stockholders took their shares
in the various companies and turned
them over to the Standard OIL Com
pany of New Jersey" asked Mr.. kel-
logg.
Yes. That is what ] did. I turned
over my trust certificates to the liquid
atng trustees and obtained a paper Oh
which | secured shares In the constit
uent companies which l turned into
the Standard Oil Co. of New Jersey"
Mr. Rockefeller said he never acted
as an attorney for anyone in this
process of liquidation.
Mr. Kellogg stated that Henry NJ
Flagler at first received $4,000 shares
and later 79,430 shares additional. Mr..
Rockefeller said he thought Mr.. Flag
Ter did not own any such amount or
stock but he could not say whether he
accepted it for purposes of distribu-
ton.
Mr. Rockefeller was asked if he en-
tered a contract with Schofield, Schur
mer & Teagle in 1876 whereby the
firm agreed to limit the business OF it's
refinery in consideration of certain
payments by the Standard. Mr.. Rookie
Teller replied that such a contract had
been entered into but he did not recall
its provisions.
did the Standard bring suit in
Ohio in 1880 against Schofield, Schur
mer and Teagle to prevent its refining
over $4,000 barrels of crude oil year
and to prevent it's acquiring All interest
N a Buffalo refinery"
There was some litigation about the
refining of oil. l recall nothing about
the Buffalo refinery
Continued on Page Twelve)