The Montgomery advertiser., 1908-11-24

in which he said the constituent com panies were absolutely Independent of the trust after the dissolution. Mr. Rockefeller said he had testified as Mr. Kellogg described. # the rec6rd showed 1t.
 ''Then each company was independent after the dissolution7" asked Mir Kal. logs.
 The sale of its products was made au before and the administration Of its af. fairs was independent.
 ''The Standard oil Company of Ohio, sold oil where 1t would be to our best advantage" he said.
 "Eventually," Mr. Rockefeller sald substantially all of the stock of the subsidiary companies was distributed"
 "Wss this before the organization oG the Standard oil Company, of New Jer- sey3" asked Mr. Kellogg. ''That could not say" Mr. Rockefeller said that the several l companies were doing business of inds- pendent, character, separately admins. | tered, adding:
 'T suppose these companies today, all owned by the same people. would be | conducted for the best interests of the business"
 'Di1 you intend to convey to the au- | thortties of Ohio that after the dissolu- ton or the trust the separate compa~ nies were held together as before?' T cannot recall. but the companies were then as now under separate own | ershlp."
 MT. Rockefeller said he did not know when 1t was that the trust certificates were finally retired.
 ''The trust certificates were not turned into the Standard oil Company | of New Jersey?" asked Mr. Kellogg | anTr NnII 1 T bought my stock in the small com panies and received my stock in the l Standard oil Company of New Jersey. Replying to questions about the acquisition of pipe line stock Mir Rockefeller said:
 T did not construct the first pipe line for transportation of oil; quite | a number of lines were constructed I before we began to build and buy. We did not begin to buy these lines until i 1873 or 1e74." It might be, he said | that the Tidewater Company built the | first pipe line to the seaboard, but he did not recall that the Standard | tried to buy the Tidewater or that the Standard now owns thirty-one per cent l of the Tidewater Company. He had 1 no recollection of a conference with | Mir. Lombard on the subject of taking over Lombard and Ayers for $1, 1,000. .000 or of an offer of e5,0oO.Oo0 for his pipe line. Neither did he remember trying to get control of certain re- fineries that held stock in the Tide water Company.
 Mir. Rockefeller seemed weary at this point and counsel for both sides agreed to an adjournment until to- morrow; but MT. Rockefeller said he l could continue for a few minutes 1 longer, and asked if his cross examina- tion would be concluded tomorrow morning.
 Mir. Kellogg said he hoped so. MT Rockefeller testified that he did not know how the stock of the Tide water Company came into the possess sion of the Standard Oil Company as that was along a line of business to l which he was not giving his attention. i He did not recall that there was a great cut in railroad rates. when the
 Tidewater Company built its line to the seaboard, nor did he remember that the Standard oil Company obtain ed control of the United States Pipe Line or where the pipe line of that company begins or ends. He said he did not think that the Standard oil
 Company built the first oil refinery
 and~could not say whether it built the
 first tank car or tank steamer but
 thought it built the first barrel fac
 tory for making oil casks.
 Well, then, the innovations you
 made were the buying up of refin-
 cries, pipe lines and tank steamers
 which had already been establishedS' 2
 said MT. KelloEg.
 "oh, should think not" replied l MT. Rockefeller.
 Adjournment was then taken until tomorrow.