The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1912-05-29


the meeting Of the directors Of the
Standard on Company Of New Jersey.
az which the dissolution plan had been
agreed upon. but denied that hs had
discussed the plan with any OF the
directors since
The witness stated that be obtained
information In a general way from
Mr.. Archibald. MI Pratt aud Mr.. Bed
ford AZ which time be asked them.
he said. are We carrying out every
thing In strict accordance with the de-
cree"
That is a pretty speech interrupt
ed Mr.. Untermyer.
What We want Is facts"
signing Proxies.
Early In the inquiry AIR. Rockefeller
for %sters-Pisrce on company stock.
They we're presented by his secretary.
who did not tell what he wanted them
Had You heard that there was a
controversy on at that time over the
stockT'
Not at that time"
signed the proxies almost every day as
sent from his office.
You know there il frequently a con-
test over prox'es?'
How do you determine for which
party you should sign7
Il have never found proxies sent from
my office that were not right for me
/ TO sign. There has never been any dir
hculty with them 1 sign the proxies
as matter Of routine" he answered.
After his personal counsel Geo. w.
/ Murray. had spoken a word 10 him in a
low voice. Mr.. Rockefeller said he knew
/ Mr.. NJ NJ. Van Buren, and Walter =.
/ Taylor. 10 whom the proxies were made
4 up. The witness then Identified one OF
I the Waters-Pierce proxies. which he had
made Up.
proxy TO indicate how you are VotingY
| he was asked.
Here is one OF many proxies" be-
| gan the witness.
You are not answering the question.
4 interrupted AIR. Meyer.
Il signed this proxy because IL came
/ from some OF the reorganizers OF IA =
standard Oh company replied Mr..
Passage OF words.
| Il assumed that the persons were the
ones that were carrying out the mar-
/ Here the waters-Pierce attorney want
ed 20 know what individuals he had m
| mind.
AS NJ. Rockefeller started to answer
Mr.. Cntermeyer said sharply.
Name them"
Mr.. Murray interposed IN objection
| that Mr.. intermeyer was not question
ing the witness in gentlemanly man
ner."
MIR Rockefeller is quite capable Il
protecting himself retorted Mr.. Tn
The witness then named Mr.. Monat
Mr. Bedford. Mr.. Pratt Mr.. Archibald
Mr.. Jennings. ~ those engaged in re-
organization OF the Standard eil com
pany.
Il looked upon them a. a group Of
men. he explained. who were conduct
ing the reorganization. 7 assumed that
these gentlemen, familiar with the OIL
business. knew what was best. and
DID not know what was best I had &c
accept their judgment"
Previous testimony 80 the hearing had
shown that Mr.. Rockefeiisrs holding Of
Waters-Pierce stock. amounting u about
one-quartvr q the total. were turned
over 10 be voted tn favor OF STANDARD
OF men, as officers OF Waters-Pierce
Proxies Were Rejected.
His proxies and that Of other standard
inspectors AT the election M st Louis
last February on the ground that %
or the decree % the United States Su,
preme court dissoivinR the Standard OIL
company Snd % the decision 81 the Gu,
preme court Of Missouri ousting III,
standard OIL company ~ Indiana IRON
present suit.
did YOU understand that the holding.
OF these gentlemen added Co your own
constituted a control 81 the Watera,
Pierce company: continued Mr.. Inter.
never.
knew that the Waters-Pierce IN,
terestS Old not have control. and THAT
my holding liberated would give me
gentleman whose interests We're outsll,
OF NJ. PierCe's control"
I Nou haven't answered nv question o
y am unable TO tell all tine holdings
of these gentlemen" sad the wltnes,
firmly
Mr. Rockefeller" almost shouted NJ
u ntermeyer ~ We have got TO stav her.
all night. We viii. because am roir,
TO have my question answered
sim Evasive.
= dtdnt make any calculation
made no study az ar. knew merely
that the aggregate Of these outside hold
'ngs was IN the nclE Iborhood Of sevcut,
per cent
That doesn't answer my question
Did you know that the holdings of tines,