The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1908-09-02
NllS after THE TRUSTS
~HANDARD OIL AND AMERICAN
BOOK COMPANY WANTED.
n. LAghsfoos Arrives In New York
- Tskc Evidence Preparatory To
Bringing Big Suit.


New York. Aug. 27.-Texas has
I ssns her best trust buster" here with
mstructions to iasso two maverick
'csrporations and to brand them--if
Doesible-so that the Lone Star State
DAy reap big harvest OF fines. The
<wo concerns are the Standard OIL
Company and the American Book
Company. Of New York, both Of
vAich are charged before the Texas
-eourt a. being 'illegsi" corporations.
oozred nom doing business there and
uosa for millions Of dollars a. panal-
s11sa. The man who 10 here to "rope"
- Aforesaid corporations b Julius
=. RAshtsoot. Assistant Attorney Gem
-eEsl, ,of rexsA 8a ua
I0ers y no brass hand with Mr..
1AuntSooG and what trust hunting he
= ~ Ne does under cover. He has
~ here sincs Last saturday. and st
.Sse9ons As - sndsavcrins to reach an
s-oosseosnt with both concerns as to q
en16nsnt of fActs. % - to facilitate
- SAking Of tsstimonS. once the
1eogengs begin. He does .ot care 70
son - witnesses to prove one fact
-vo0 b can b established BY agree.
Ds.e n advance. Dates for the hear
- have not bssn ut. but Il u cor.
oan that the American Book Com
-unny eaO viii be taken mp nrst and
-<nat the Standard OIL Company will
r>Ass'bs put upon the grill.
IN ssssncs the cases are identical,
Snrspt tAas the penalties Sarys Ia
Snsss NE state wins. the oil Company
wm havs TO psy In the nsishborhod
- e9.sos.ooo In penalties and the
oseks company about Si.soo.oo0.
The basis OF the suit against the
ADsrscan Book Company II that II 10
- result Of the consolidation OF sew
usal-indspsndent booksslling concerns.
IN of which were formerly licensed
- - business In the State. Under.
~ NV ef Texas combinations In re-
rU1ralot Of trade Incur forfeiture OF
- permit to do business and fine
- 80 for each day that the concern
sUsrutss. either ~ itsslf or its supsid-
1nzssk Nts
To charge that the book company
"a trust = based upon the fact that the
~p0Sany was Organized under the
,sws OF New York. first having been
u New Jersey corporation. for the
D~psss OF validating the MERGER Of
- smaller concerns that had been
3usat1hins textbooks 10 the public
~sAeo1A ff the eontsntions OF the
u,nts ore upheld when the testimony
rnhsa here - submitted to the District
osUt IN Dallas, the New Jersey cor
Dssstson WIN have 70 pay Anes for
- tins Of IL sxiseenee. The claim
agnisst the New York corporation IL
- about $500.
InSths esss Of the standard on.
9ssae, to quote Mr.. Hshtfoot. has -
Ddmon ssrrsls OF of. two reflneries
- herd Of OIL tanhs In hook"
uaech means that the State has ssissd
- company's property a. surety to
'reevsr the penalties sought. All thh
Usepsrty. the state alleges. belongs
- Ne Standard on Company. though
- $ n the names Of four concerns
'vAscA. II y ccntsndsd. ere subsidiaries
- Ne DtandAra. These ossessns srs
- Wstsrs-Ptssos Company. the Ma
DWai on Company. the Security OH
Company and the Navarro Rennery
npany. Bssides. the state has
0nsaishesd $4,000 which several rail-.
SeeA coupaniss owe % the Standard
o. Company. l
Anene ths witnesses called to tes-
- before the special commissioner
Apoosntsd By the Tszas courts are
SsAa ID. Archboid. Oliver H. Payne,
wesley H. rilford and Henry c. Fol-
osr all OF whom we're witnesses In
- cass which the Government
6oughs against the standard OIL
csnpsny. and in which fine of s2s,-
$4,000 was imposed by Judge Ian
-
Ar. Lshtfoot came here quietly two
1ssrs ago and took testimony regard.
- the waters-Pierce Company. got
1e1gment In Texas. and now has his
~ass before the United States su-
Dssms Court. This was two years at
nsr the trust-huntins expedition of
1srbert 9. Hadley on behalf OF the
oente Of Missouri. whose case has not
80 been adjudged In the courts Of
jehut State.