The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1908-11-20
.ED. TELLS OF
TRUSTS FORMATION
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- ,,mpsnv, and IN 1873 bought
81 one.balf of Chess, Carley
ii Louisville, which had a
~ haestic business in the South
dnI i wear later, Mr.. Rockefeller
y 4 Il company bought out the I'M
Isshning Oil company of Oil City,
Irvb bad been owned principally
nR Ia ]. ]. Vaudegriff and John
w The Standard Oil company
mn rssni7ed the Imperial Refining
Wv Iy Limited. 10 operate this
~ The purpose of this purchase
IN II rularee the Standard Oil IS ex-
Md and the Imperial company
IFret lines for shipping to the
. ssallowing Smaller Fish
\ Rockefeller then told Of the
m 4 Iri Oil company's purchase Of the
4 Charles NJ Pratt & company of
n X1u oil refiuers. of which II. h.
wv Twas member. 1t also pur"
he business of Wardm g. COM
- a. yheh Ind q large plant in Phlla-
10 including the plant of the At
EsfiDing company, the Model Oil
4 n hls and refineries in Pittsburg,
|flr being under the name Of the
sssI Md Oil company Of Pittsburg.
IlUeeate cost of the property pur-
.b by Mr. Rockefeller estimated
In00OO.
- object Of these purchases, said
Ikiefeiler. was TO extend the eX"
. A fksiness and secure the valuable
lH knes in cans. Asked about the
wv Ferry Oil Transportation com.
Mr. Rockefeller said he could
II I'll distinctly anything about
ll~ szpany. "Thcre were pipes and
1Hq, but | don t recall ~ said
:" Is hazy at the moment. I know
"S' Ew such place in the early
% ,sne to your dealings in 1875
= f.iier, Moreland & Company, and
Warner & Company, said the
yrs rng attorney,
sy were located in Titusville.
~ ATchbold was identified with
sla Moreland & Company. Mr..
His sslr said negotiations for the
Of these firms were consum-
-, u 1916, with the object of ex-
,M lle company S business. The
w company was organized to
II The properties.
- , ntkefeller said his attention
'M directed 10 lubricating oil
Nb About 1878 the Standard
.u,r purchased the American Lu-
Nf1 y vi company of Cleveland,
ltup Mica Axle Grease company.
anil saasss were made with the idea
~ diycrsifyinp the business
'pS nng n lubricating trade.
nal to bring your attention to
&S as transportation company
= A us relations were.'
"hpany was the owner of cars
lTansportcrs of oil and other
IN inc pennsylvania railroad.
&'Sland the company was con,
,MHT Pennsylvania interests.
NE Afternoon Session.
lWaNer the opening of the after.
AC., Mr. Rockefeller counsel
ut were true that the rates
W. ", MIN IN the period of the
Ul eompany's war with Tho
's.iS railroad were TO crush and
ae Empire Transportation com
.hat the Standard Oil COMPANY
ssai7s its property.
nos,'' replied Mr., Rockcfel
lW NJ 70 the putting of this ques
~ hocScfeller said that wher
Ies-' transportation company
>,,o >,,,s' our interests presented
~, to the railroads and pro
A ae Pennsylvania. We stoppeC
1 ,uasnts over the Pennsylyanl;
eteer lines" ho continued
| o ICED to the Pennsylvania rail
IL rxsag in the refining business
- ltsn;nn" n"ow where we stood. The,
u, NJ, 'helr own oil over tbei
~ 0a.r u,o ra;, discriminating agains
Q nap Si tssiiroads agreed to stanc
.,spt a N. '.eie was much bitterness
'o| Il, Hh Gu .eiiroads, We made ou
,ndSl' lrk TT c the Lake Shore an,
zir. OGTntral, and we purchase,
LIZ transportation compan'
rnaeS, 10 which I have rc
l.ae Pennsylvania railroad ae
nd y ears of tho Empire conn compan, Tr
" lassSS Sr trust certificates, whic'
~ ~ ss,l,i1,sn, Il %',n Road .s,s End Ended:
~, rss;," s was completed and and ii il
ht " A,,sS hilroad STONED ref;nine
S,i s q esfs,sS S95 stopped G1 and an agree
SSsiss SSsis 'ssffisoy u they obtained sea a ne, rn
-" III ~ interests were s called called unn q
~ IesSs.s SS said that the war einscs,y' betwee
atss to obtain the be- oil H''Tsd trad
pph0F 'aiizlng to the oil bus
saw sS9 a,yrsement tibsS'gn between ~Hs W,lIia, Ine
d" Il tSs and William Scott sa !" i5i,ai pres
a. been VaHsyIys5id appSGys5 bv rsilroa, al "a
. roads. i'Se and Se eSnlai1ed oy aI1 n
n VIM Toe traffic INA ,na' tne exa'