The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1911-12-01
S STANDARD OIL
LEGALLY DEAD
GIANT MONOPOLY is NO MORE.
TRUST DISSOLVED INTO "a
SUBSIDIARY CONCERNS.


were the wor.s pronounced today
over the corpse of the oil trust faith,
erti by John d. Rockefeller. Today
the giant monopoly is no moie a.d
competition is res,orcd in the petroe-
am industry.
5 range to say however, there was
no crepe on the doors OF 2G Broau-
way, and the traders on the curb evi-
IDENTITY hadn't hearL the sad news. for
they we're Offering the same price tor
standard Oil stock That was quoted
back in 1896 before the government
had commenced its suit for the dis
solution of the trust.
ard Oil Company has supposedly
Indeed, although the parent stand
died ard been burie.. with the final
obsequics totay, there are those who
allege that the corpse has escaped
and that the coffin which ostensibly
.ntains the remains is empty, These
critics urge that the courts order the
coffin exhumed for purposes of per
forming an autopsy on the remains,
iit there be any remains.
/ The dissolution of the trust was
accomplished today by the distribu-
ton OF shares in the thirty four sub
sidiary companies among the holders
Of trust stock. by this exchange the
mammoth combine is split into thirty
four separate and distinct corpora
tions, which may be expected to i'm
mediately begin q murderous compe-
tition with each other for the cor
troll of the trade, thereby reducing
the price of oil to the consumer to
4 mere fraction of the present quo
tations. May he expected, mind.
1t does no harm TO expect, and a
hopeful attitude, say the psycholo-
lists, is good for the health of the
hopper.
According to an inspired statement,
each of the thirty-four companies is
20 stand on its own bottom; each is
to go it alone; each is to keep its
,wn accounts and declare and dis
tribute its earnings to stockholders,
and none is hereafter to make reports
to the former headquarters at 26
broadway YAH
The thirty-four companies into
which the trust has split are as fol-
lows:
Atlantic Refining Company
Schymser Company, Buckeye
Pipe Line Company, Cheseborough
Manufacturing Company, Colonial Oil
Company, Continental Oil Company,
Crescent Pine Line Company, Cum
berland Pipe Line Company, Eureka
Pipe Line Company, Galena Signal
Oil Company. Indiana Pipe Line Com
pany, National Transit Company,
New York Transit Company, North
ern Pipe Line Company, Ohio o
Company, Prairie Oil & Gas Com
pany, Solar Refining Company, South
ern Pipe Line Company, South Penn
Oil Company. Southwestern Pennsyl-
vania Pipe Lines, Standard Oil Com
pany of California, Standard Oil Com
pany OF Indiana. Standard Oil Com
pany of Kansas, Standard oil Com
pany OF kentucky, Standard Oh! Com
pany of Nebraska, Standard Oil Com
pany of New Jersey, Standard Oil
Company of New York, Standard Oil
Company of Ohio, Swan & Finch
Company, Union Tank Line Company
Vacuum Oil Company, Washington
Oil Company. Waters Pierce Oil Com
pany. Anglo American Oil Company.
The Standard Oil Company OF New
Jersey, which was organized as a
holding company, will retain its cor
porate name, but will hereafter man
ufacture oil instead of shares. Its
old board of directors remains in
tact, and John d. Rockefeller wi
continue to be member.