Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1911-11-24
Lengthy Statement, RecIting
History of Oil Kings Trans
actions With Aggrieved
Brothers, Made Public,
CITES AGREEMENT
EX0NERATlNG HIM
Advanced Them Large Sums
and Granted Liberal Exten-
SionS Of Time With Options
to Buy Back Stock.
NY Morning Journal Special Leased wlreI

10 buy BACK ol0CK,
IBy Morning Journal Special Leased wirel
New York, Nov. 23,--John ID,
Rockefeller. in statement given out
tonight. replied To the charges made
by the Merritt brothers before the
Stanley steel investigating commit
tee, regarding the methods used by
MIR. Rockefeller In securing control Of
the Mtssabe ore mines and the Du-
luth. Missahe and Northern railroad.
pointing out that these charges were
denied under oath as long ago as
1895, in litigation over the Lake Su-
perior Consolidated Iron mines.
He submits the text of paper dat
ed January 30, 1897, to which are at
tached the names of Alfred and Leon
idas Merritt and "all the other mem
bers of the family" declaring them-
selves satisfied that neither Mr..
Rockefeller or his agents committed
fraud or made Misrepresentation in
the matter in question.
MIR. Rockefeller then sets forth
what he says are the facts in re-
gard to the loans to which the Mer-
ritts testified and denies that the
loans in question were ever called
| by him."
| The statement which was issued to-
night from No. 20 Broadway follows;
In the matter OF the evidence of
the Merritt brothers before the STAN
ley committee in Washington. d. c..
reflecting upon Mr. John d, Rookie
lfeller, In connection With sone ore
and railroad properties on the Miss
abe range. Mr.. Rockefeller authorizes
the following statement:
| Mr.. Rockefeller's statement
| Referring to the testimony of the
| Merritt brothers before the Stanley
committee in which they charged
| fraud and misrepresentation against
| MIR. Rockefeller and Mr.. Gates In con-
nection with the Lake Superior Con-
solldated Iron Mines and that they
were defrauded of their holdings In
that range through q loan made them
by Mr.. Rockefeller of $4,000 which
he called during the panic OF 1893,
all of which statements were denied
under oath in the United States court
AT the trial OF the litigation In 1895,
1t would be absurd to try In the news
papers at this late date the issues in
that case, but II is significant that
upon the settlement which was made
at the close of that litigation, both AL
fred and Leonidas Merritt, the two
who testified before the Stanley COM
members of the family gave Mr..
Rockefeller the following paper;
Certain matters of difference have
existed between the undersigned and
MIR. John y. Rockefeller, and q court
litigation has been pending between
the undersigned Alfred Merritt and
Mr.. Rockefeller, in which litigation II
was claimed that certain mlsrepre-
sensations were made by Mr. Rocke-
feler and those acting for his con-
cernlng certain properties sold by him
to the Lake superior Consolidated
! Iron Mines 1t is hereby declared that
from recent Independent investiga :
, tlons made by as or under our direc-
tion. we have become satisfied that
no misrepresentation was made or
fraud committed by Mr.. Rockefeller
or by his agents or attorneys for him
/ upon the sale by him OF any property
to us or any OF us, or to the Lake
/ Superior Consolidated Iron Mines or
. upon the purchase by him from one
or any OF as any stocks or interest in
, any mining or railroad company OF
= companies or upon the pledge by us
. or either of US to him of stocks and
@ securities belonging to one or more
OF us. and we hereby withdraw all
= such charges and claims and exon
n crate Mr. Rockefeller and his agents
G and attorneys therefrom.
0 Duluth, Mimi, January 22, 1891
e In the presence OF Merritt M Clark
I Joseph y, Cotton.
= (signed) "Alfred Merritt, JAM
|, Merritt Leonidas Merritt. Elizabeth r
O Merritt, Andrus Il. Merritt Elizabeth
i y. Merritt, Lillian Merritt, May !
o Merritt John Merritt. Eta Merritt
lWibur Merritt, Ida Merritt, Andrul
Il II. Merritt, as surviving partner o
: the late firm OF c. C. and A. II. Mer
! ritt, Eliza M. Merritt Hanson Il
Smith as administrator of the estat'
"a Of CassIus c. Merritt, Napoleon Il
:. Merritt, Matilda r. Merritt, Eugene I
! Merritt, Anna Merritt, Thomas 4
Merritt. Jennie S. Merritt
''The facts with regard to the LOAF
y were as follows.
u "rhe loans aggregating $4,000
were made by Mr.. Rockefeller In var
p ious amounts during the summer o
ir 1898. Mr. Rockefeller never calle
'e these loans, In February, 1894, tn
ID Merritt brothers, being pressed b
other creditors, applied to Mr.. Rocke
st feller Tor further assistance. Instea
20 of calling this loan as they charge h
furnished them an additional sum (