Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-02-15
H. Clay Pierce and the Rookie
feller Interests Struggle for
Control of Waters-Piercs
Oil Company.
ALLEGED STANDARD Is
EVADING THE LAW
Pierce Claims That Rockefel-
Ter Interests Are Seeking to
Secure Control Of New Mex
leo Fields.

CBy Evening Herald A. y. Leased wire)
ST. Louis Feb i5--lieaten on the
face OF the returns Of the annual stock
holders elections. by the Standard
Rockefeller interests for control OF
the Waters.Plerce oil company. Horny
Clay Pierce and his associates laid
The ground ~ today for legal
fight for control
Through one OF the representatives
OF the Pierce interests a statement
was given out attacking the good fa:th
of the Standard interests In comply
ing with the decree OF dissolution OF
the United states supreme court and
the supreme oouri Of Missouri, Gust
I ing the Standard from this state, ana
charging that the individuals charged
/ Ia the government suit with cOnspir-
acy IN restraint OF trade, were trying
70 perpetuhte the oil trust in a new
form.
The fight between the Pierce and
Rockefeller interests for control of the
Waters-Piorce company was taken IN
to court upon a writ Of mandamus
fled by the Rockefeller interests 10
compel the tellers appointed by Pierce
to count the ballots offered by the
lstandard Rockefeller stockholders
Through "a. NJ Van Dnren and Walter
III Taylor as proxies The Fierce rep
resentatiyes charged that the stand
ard-ROckefeller interests were con
| spring not only TO perpetuato the OIL
trust through the Individual control
tof the many corporations which for
merly constituted the Standard OH
Company OF New Jersey bur that they
were planning TO get control of the
! oil business OF New Mexico.
When the attempt was made 10 vote
Pierce filed written protest. The
/ Standard interests wished To io for
three directors.
Pierce protested against the aeo pt-
anco OF the vote of the Archbold stool.
and against tho acceptance OF tho
ycte OF all other stock owned By per-
sons confederated or allied with Arch
bold, Rockefeller and the old stand
lard Oil
While the meeting was In session
, lattorneys for the standard OH faction
obtained from Judge Kinsey an alter
native writ OF mandamus 20 COmpei
tie Waters Pierce teilers "a record
the votes cast by The Rockefeller ia
terests. Judge k!nsey ordered the do
PENDANTS to appear In court Saturday
( afternoon and show cause why they
should not count the contested ballots.
The fight between the Standard on
Interests and the u Clay Pierce forces
for control of the Waters-Pierco Oh
company was carried into the court
today by the STANDARD Oh company
. filing a mandamus suit 20 compel the
. tellers at the stockholders meeting
M the annual election to accept the
split stock votes OF the Standard fac
tiou. The petition OF the Standard
+ was granted by the circuit court. The
+ petition was directed against ATTORNEYS
, for Pierce as inspector at the election
+ The polls opened soon after the man
p damus suit was hled
When the polls we're closed IA Clgl
= Pierce declared the directors propose,
r hy him had been elected. The nov
e. directors Immediately reelected d
q Clay Pierce chairman of the board
e CLAY Arthur Pierce president and An
p drew ~ Finlay vice president Char
q les NJ Adams. who WIS on the Stand
ara slate Tor a director. was ouste,
as secretary and treasurer and n. u
Lyon was elected as his successor
/. All of the ballots cast by the stand
/, lard OilKockefcllcr interests wor'
: rejected