New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-25

OF direct benefit TO the consumers. as the cost Oh
the oil to them was reduced thereby.
Mr. kellogg save another reason for wanting
the stock and certificate books of the com
paay asked for on Monday, as soon as he re
S1ined examining Mr.. Rockefeller From an
exhibit furnished by the Standard he SAID ne
noticed in the list OF the original issues OF the
stock by the Standard OIL Company OF New
Jersey. in exchange for stocks of sub-compantes
in 1899 and subsequently. large blocks first is
sued to MIR Rockefeller. He wanted an ex-
plantation There were 442.7 97 shares issued to
the witness out OF g total of 9S3,3S3 shares
OWNERSHIP OF OIL SHARES.
Il did not own anything like much as Az
600 shares of the stock of the Standard OIL
Company of New Jersey" Mr.. Rockefeller said
Odd you own the &6. S54 shares which were
issued in your name ALPresunaorY sr ou were
they TO he distributed the true owners who
hsd t1Insa N STOCK IN ceaioste lomnd an owner
or holder OF share IN the STANDARD ca S x
pany OF New jersey. and if holders OF sils Ia
iionsI shares could find persons who mad snare =
in the Standard on Company OF New Jersey i
Vas matter CT hep 70 t9os so PeoP With the excep-
-, % - sTst an,o,,nt Of IS So shares sim
ply issued in your name for convenience. 70 De
Distributed 10 the true owners? A--Neli that
WITH the srsirs OF the Office in those years.
Q.-The people who held trust certificates event
in the subcompanes and then turned their f s5e%S
into the Standard of New Jersey, eion t. 'heS
Q.-How many were there OF those stockholders
o.GThere were as many there were separate
trust certificate holders. were there not? Al
QEow many were there Of those 9Sfo 6 s Ts
converted they stock into the 81 2 too bsppy
70 say. bat really do not know ,,,oi,s r,oul3
sbcvr- Il should think il the stock books were
properly kept. that they would show every trans
o@row isn't It fact that III. trust certificates
which were in existence in iss. SS and 6Sy in
fact ana You turned the trust certificates over
Al don't think 50.
CONSPIRACY" AFFIDAyITs.
The agreement with Sco1eld, Schurmer &
Tesrle. Of Cleveland. was recalled. Mr. Kellogg
tried 10 get Mr. Rockefeller to remember con-
t-ac. with that firm made by the Standard on
Juiv 20 1876. that il would not use more than
IS 600 barrels Of crude oil in any year, or a.
500 in six months, guaranteeing profit OF 500
600 wear. More profit If made, up TO $4,000,
was 10 20 10 the Standard. All above $4,000
was to be divided.
The witness could not remember. but believed
there was something of the kind. He recalled
that there was litigation in 1880 but the details
had escaped him He said it might have had
something to DO with the building of refinery
At Buffalo Mr. Rockefeller replied TO q ques-
zion:
Any understanding Of the contract was that
they we're 10 have q feir amount % the business
sing Of oil and that that amount was recog-
nized TO be by all parties IS reasonane' ~hateaS i
the amount vas. II the precise amount was ihol-
Gated in the agreement. -.ss..4.
Q-Did you not personally make an an afda ,le
president Of the standard Oil COMPANY of ohio. If
T.,5 schurn1er & TeagIe I might have. ] would
have been the proper official to have signed It.
Odd they generally claim in that case tnaI
4
against public policy. and did they charge and
claim that the Standard Oil Company Or ONO
was trying establish . monopoly in the manu-.
fac5ure OF rehned OIL N me @ os vas
part OF said conspiracy Al couio not S ,E.
rrobsb y did not fail in such a paper TO pat IN
everything they could think OF, or their attorneys
oDid YOU IN that affidavit state A asJ1.s sa Is
ths STANDARD on onpaPN owns 5 an ia TeaTerZ At
Rayonne. \ J; tat it has ne other Tener aes nor nor
Standard OH company operate or control IN the
United states any other refneres of crude PETE
leurl"+ Al could not state from my memory
what was in that afidavit- -. =
BELIEF HE THEN HELD."-:
The witness said that his attention had been
called to the affidavit. but he looked il over
only casually II he said in 1880 that the
Standard had no other than the Cleveland AMI
Bayonne refneries. nor any interest in other
ref7neries in the United States, that must have
been the belief he then held
saws that il is not that the plaintiff get con
tro Of the refneries of the firm of Logan Bros
q Davis ana the Bennett & Warner Company OF
Titusvile, Penn; r. S waring and the citizens
Al That vas in that sffdavit arid I testified to
Il. il was because understood that 10 be the
o. thought understood you the other dag
10 testify that you purchased the Bennett & War
per refnerese Al could not state from memory
Q.-Then il is fact. is it not. that at that time
you we're intending ty that affidavit to give the
impression that mis- large number Of refining
interests or acquired interests IN were nor
o. indirectly controlled by The Standard on; A
the status al that time in respect to the proper
ies referred to.
-statss Of al these refneres which your interests
mad acquired and the stocllof1 :, hch vas IN tie
he3ders? Aft it in the Standard OIL Com
Mr. Kellogg led up to a charge of secrecy
regarding the trust agreement Of 1879.
o-Did you anywhere in that suit MAKE known
your stoclheders controlled. through stock own.
ership large number Of rehneries in the Tnited
make that known in that deposition
Nr Rockefeller was unable TO tell the extent
~ The pufricitv the trust agreement received II
vas signed by number Of persons he said
end whether they spoke about it he could not
tell
The government counsel went back TO the
combination 81 interests denied in the affidavit
-ss4d wanted 10 know why that had not been
cleared up. The witness said. with air Of
rnality that he did not draw the deposition.
The Pennsylvania rebate recalled. also tie
pfpe line agreement, all modified denied in
fh& 1850 aFfdavft.
ACQUISITION Of the Producers Consolidated
Land and Petroleum Company was next admit
ted. The witness could not place James Nc