New-York tribune., 1908-11-24

Objected TO further questions along that line on
the ground that they called for legal conclusions
and that the witness was not a lawyer. But
Mr.. Rockefeller finally gave this answer:
II suppose that MIR. Archbolds testimony was
the view of the ownership The Standard Oil
Company of Ohio did not own the property
The control OF the property in individuals
1 suppose that that would be fair legal inter-
pretation: suppose that would be proper"
Mr.. Kellogg was not satisfied with this and
kept at the Witness He finally asked:
I Q.-Who were the real owners2- A---The real
owners OF at least large part OF it must have
stockholders in the STANDARD OIL Company of Ohio
Q.-Then the stock was held by those men pc pc
when this trust agreement was made, for ne
benefit OF the stockholders of the Standard oH
Mr.. RosenthaI-it was two hundred and twenty
Which 9u wefe s hed or the bene Of the
ers of the Standard Oil Company OF ohio.
Q.-Did the Acme OIL Company continue to be
SPeTated as an Independent sS e9nGenT The ne Acme OIL
Company undoubtedly did continue until after ~
assmenf from sRsraa fRs sandard ID I oil? AusS
had been right along all the time ~. .-,,-
bold managed it for a time. when he ceased to
manage it, # did could not recall tns' 8, oeT, ba
STANDARD oil company in Is7sc Al do not know
g ohio' s5o'kh0idsF OF the STANDARD oH Ol,l.-1'
stock Mr.. Arch6old became stoekholder in the
Standard oil Company. didn't he? Al 40 ilot
know that he did. ! do not know at what uilo
he did become stockholder.
BACK TO TRUST AGREEMENT.
The government counsel went over practically
the same ground regarding the control OF the
Iubricating companies purchased, the Empire
Line and the pipe lines. Then came the acquisi-
ito nof the dock properties and warehouses Mr..
kellogg was covering the whole ground with
Hinutest precision. In coming to the trust
agreement ne asked
Q-Nr. Rockefeller, why was this trust agree
nlent OF 1879 made? At made for the pur-
for whom these interests had been acquired the
properties in the form that seemed the most
feasible to transfer these stocks to the trustees
Villas. Keith and Chester.
Oft saws here that 'rhe Standard OIL Com
pany Of Cleveland, Ohio, holds the possession OF
certificates for certain stocks and interests Whlch
IL is desirable TO distribute among the parties en-
titled thereto" And then follows list of the
corporations, and transfer OF those stocks TO
lows q long Lst OF persons; NOW, dio the SlaLu-
ard Oil then have the certificates OF stock in Its
possession IN It's treasury A-Ihey Ilght nave nave
been in the office, in the safe OF the Standard on
Company OF Ohio, but my recollection would be
that these stocks held In the names OF in
6ividuals trustees.
in this agreement corporation engaged in
the business of refining doing some part OF the
business OF refining OIL and selling oil. or trans
porting # was 1t not? Al think very largely,
IL not altogether.
Q-Each was managed separately by its own
officers, doing an Independent business? A-Each
Of these concerns managed by its own officers,
in accordance with the requirements Of the laws
of the states under which they were organized.
its own? A.-Each had its own business to con-
duct.