New-York tribune., 1909-11-09
GAS REBATE REPORT
HANDLING OF FUND.
Particulars of Distribution and
ErpeRse GiUeR.

Reports we're submitted 20 the United
States Circuit Court yesterday showing Just
how the gas rebate fund Of si0Si3.Sei s. was
banded. how much of "a was distributed.
and Nhat d cost 50 FAR 10 do the work. A
supplemental report viii he fled on De
ccmhor 10. when the court Nil consider the
whole subject John A. Shields. United
States Commissioner. was In charge OF the
sistrihution as special master. having been
appointed when the gas companies began
tie losing ngllt against the S9-cent law and
deposited the excess collected with him.
The companies that made the contest
Nor, the Consolidated and It's subsidiaries.
Tho Standard. New York Mutual, Central
Cuion. New Amsterdam and tise Northern
Union The Consolidated deposited si.S2S,-
IS ~ up 10 the time when the inteilocutorH
iecroe was entered. March So 1895. but put
TIE excess charges after this. amounting
10 sl.95s. T5s c. aside. ana this was inelneed
In the total Nhen the disbursement MAS
begun. As the Consolidated wished the dis
tribution 70 be made through the same
medium as the great sum, this was con-
sentei 20. ana 2Se per cent Of the cost OF
a part # this werk was paid by the com
pany.
The cost Of the distribution was paid TO-
out Of the interest on the money deposited
with Commissioners Shields by the oenn-
psniss. which amounted 70 sse7.os5 IS. The
total expense so far has been sSso,Sse 30,
leaving a balance Of ss6.ss6 50. The eN-
pense inclu6ed si0,eeO fees for the special
master. and the salaries Of accountants
rent of places for the distributing bureaus,
counsel fees ana general clerical work ana
supplies.
There was raid out az the fund in the
hands Of the special master sss5s,Sas 81
but the amount in checks that were returned
because of change Of address, etc, was
sS02. sOs so, SO that the actual sum dis
bursed Mas, exclusive Of the si,s5s,'s9 o.
retained by the Consolidated Gas Company,
sSl5O,9sS ss, leaving in the hands Of the
special master S7O2.6ol &c 10 be returned
20 the companies under a ruling Of the
court The sum 20 go 10 the Consolidated
Gas Company viii he held until further
disbursements from its deposited fund are
made. Bonds are now being executed, un-
Ger the requirements of the same ruling
and as soon as they have been completed
and approved Mr.. Shields will turn over 10
the other companies the following amounts
standard Union. s5S e6s ss. New York Mu-
tusl So s75 90: Central Union, Sal .a2s -; New
Amsterdam, slOS7ss "a and the Northern
Tnion. sls5s2 81. These companies have
agreed 20 honor all claims, and the bonds
they fle are 10 be reduced as the FUNDS
returned 70 them are reduced by disourse-
ments Action on the Consolidated re-
ussinder VIII he taken when the amount
has been further reduced and the repay
tnents haze ceased practically.
The total numbe. Of vouchers on which
ehecks were sent out was over S.Seo."o
The companies al first wished 90 have the
work OF distribution done by their regular
employees, and as that Was not consented
10 they say they were put 10 great eN-
pense which might otherwise have beer
avoided For postage alone they clal"
5000 Although the report does not say
so. il was said yesterday that litigation
would probably follow unless these claims
were adjusted 80 the satisfaction Of th'
Eas companies.
When the whole work is ended the sup
lilies in the way Of typewriteTs, adding ma
chimes and ofice furniture will be put ui
at auction.