The Montgomery advertiser., 1909-03-10
STANDARDS 0USTED
MISSOURI SUPREME COURT OvER-
 RULES MOTIONS.
The Decision h Considered . Great Vic tory for the Watcrs-Piefce Oil
 Company and It's Minority

Jeffersoe City, Mo-, March 9.-Tht motions by the Standard Oil Compan! of Indiana and the Republic Oil Com pany of Ohio for a rehearing of the custer suit recently decided against them and for a modification \of the Judgment. were overruled by the Mis- souri Supreme Court today.
 1 The position of the Waters-Pierce l Oil Company was withheld, the motion of the Attorney General for an obso- lute custer of the Missouri company being denied. the compliance with the court order recently filed by the com | pany being approved and the Judgment of custer against 1t being suspended. The effect of these decisions Is to expel the Indiana and Ohio companies from Missouri and to restore the Wa ters-Pierce Company. 60 per cent. or whose stock is held by the Standard oil Company of New Jersey. the right ! to do business within the State. No formal opinion in the premises was read. Chief Justice Valiant sim- ply announcing the gisS of the courts decision. Justice Lamm and Woodson dissented.
 The Standard oil interests are ex- pected to appeal from the decision ana carry their case to the Supreme Court of the United States.
 The decision is considered a great NI%LOEy TUT liic "atCi iCiSO SO.-A pany, and incidentally forthe minority interest of that concern who claim 10 have been making unavafling efforts to free the company from control by the New.Jersey corporation. With this object in view they decline to approve the proposition made by the Standard oil Company of Indiana, that that com pany be allowed to continue business in the State under trusteeship com posed of representatives of the court and the company. The proposition ex- cited the liveliest interest in that 1t would have given to the State meas- ure of direct control of a corporations affairs, had it been adopted by the court. But 1t was ignored In the an nouncement by the Chief Justice. which simply stated that the motion TOT modification of the custer decrees hao been, overruled.
 With the judgment of custer made absolute against the Standard oil Com pany of Indiana and the Republic OH Company, these concerns must now pay their fines of $50.0o each and cease business in the State.
 The $50.O00 assessed against the Wa ters- -Pierce~Oil Company has been paid. When informed of the courts acton today, Attorney General Major said:
 "The decision simply means that the Waters-Pierce Company will nor pc busted from the State at this time. However, the original judgment of the court will stand against it, so that II 1t violates the courts decree the State can renew it's application of custer.
 The following order was made by the court in relation to the Waters-Pierce Company:
 "The Waters-Pierce oil Company having rendered into the court the of the fine imposed upon 1t bS the judgment of this court. and having given satisfactory evidence of Its pur- pose to henceforth so conduct its bus tness as not to violate the law in re- gard to pools, trusts and conspiraciea. It is ordered by the court that the clerk of this court receive the money so rendered and pay the same in- the State Treasury. and 1t is further ordered that the judgment of this court of date December 23, 1908, busting the Waters-Pierce Oil Company Of It's charter and adjudging all Its rights and privileges hereunder forfeited and annulled. be. and the same IS herepy suspended until otherwise ordered by the court, but the court will retain Jurisdiction of the case for the purpose of setting aside and annulling this or der or modifying the same IT tns court should hereafter, on motion OF the Attorney General. or on It's own motion, become satisneo that lhe ters-Pierce oil Company. is at that time or has been conducting Its busi- ness in a manner forbidden by the lays of this State in relation to pools trutst and conspiracies."
 In their dissenting opinion Justices Woodson and Lamm hold that the wa, ters- Pierce Company has not coihplleu with the courts order to Witnoiam , from the trust" relation with the other companies.