The agreement made provision for the method of controlling and managing the property by the trustees, for the formation of additional manufacturing, etc., corpora Sone & Fleming Manufacturing Company (Limited). Also all the stockholders and members of such other corporations and limited partnerships as may hereafter join in this agreement at the request of the trustees herein provided for. 2d. The following individuals, to wit: W. C. Andrews, John D. Archbold, Lide K. Arter, J. A. Bostwick, Benjamin Brewster, D. Bushnell, Thomas C. Bushnell, J. N. Camden, Henry L. Davis, H. M. Flagler, Mrs. H. M. Flagler, John Huntington, H. A. Hutchins, Charles F. G. Heye, A. B. Jennings, Charles Lockhart, A. M. McGregor, William H. Macy, William H. Macy, jr., estate of Josiah Macy, William H. Macy, jr., executor; O. H. Payne, A. J. Pouch, John D. Rockefeller, William Rockefeller, Henry H. Rogers, W. P. Thompson, J. J. Vandergrift, William T. Wardwell, W. G. Warden, Joseph L. Warden, Warden, Frew & Co., Louise C. Wheaton, H. M. Hanna, and George W. Chapin, D. M. Harkness, D. M. Harkness, trustee, S. V. Harkness, O. H. Payne, trustee; Charles Pratt, Horace A. Pratt, C. M. Pratt, Julia H. York, George H. Vilas, M. R. Keith, trustees, George F. Chester. Also all such individuals as may hereafter join in the agreement at the request of the trustees herein provided for. 3d. A portion of the stockholders and members of the following corporations and limited partnerships, to wit: American Lubricating Oil Company. Baltimore United Oil Company. Beacon Oil Company. Bush & Denslow Manufacturing Company. Central Refining Co. of Pittsburg. Chesebrough Manufacturing Company. Chess Carley Company. Consolidated Tank Line Company. Inland Oil Company. Keystone Refining Company. Maverick Oil Company. National Transit Company. Portland Kerosene Oil Company. Producers' Consolidated Land and Petroleum Company. Signal Oil Works (Limited). Thompson & Bedford Company (Limited). tions in various States, and the trust, unless terminated by a mode specified, was to continue "during the lives of the survivors and survivor of the trustees named in the agreement and for twenty-one years thereafter." The agree ment provided for the issue of Standard Oil Trust certificates to represent the interest arising under the trust in the properties affected by the trust, which of course in view of the provisions of the agreement and the subject to which it related caused the interest in the certificates to be coincident with and the exact representative of the interest in the combination, that is, in the Standard Oil Company of Ohio. Soon afterwards it was alleged the trustees organized the Standard Oil Company of New Jersey and the Standard Oil Company of New York, the former having a capital stock of $3,000,000 and the latter a capital stock of $5,000,000, subsequently increased to $10,000,000 and $15,000,000 respectively. The bill alleged "that pursuant to said trust agreement the said trustees caused to be transferred to themselves the stocks of all corporations and limited partnerships named in said trust agreement, and caused various of the individuals and copartnerships, who owned apparently independent refineries and other properties employed in the business of refining and transporting and selling oil in and among said various States and Terri Devoe Manufacturing Company. Eclipse Lubricating Oil Company (Limited). Empire Refining Company (Limited). Franklin Pipe Company (Limited). Galena Oil Works (Limited). Galena Farm Oil Company (Limited). Germania Mining Company. Vacuum Oil Company. H. C. Van Tine & Company (Limited). Waters-Pierce Oil Company. Also stockholders and members (not being all thereof) of other corporations and limited partnerships who may hereafter join in this agreement at the request of the trustees herein provided for." 221 U.S. Opinion of the Court. tories of the United States as aforesaid, to transfer their property situated in said several States to the respective Standard Oil Companies of said States of New York, New Jersey, Pennsylvania and Ohio, and other corporations organized or acquired by said trustees from time to time. For the stocks and property so acquired the trustees issued trust certificates. It was alleged that in 1888 the trustees "unlawfully controlled the stock and ownership of various corporations and limited partnerships engaged in such purchase and transportation, refining, selling, and shipping of oil," as per a list which is excerpted in the margin.1 1 List of Corporations the Stocks of Which Were Wholly or Partially Held by the Trustees of Standard Oil Trust, New York State: Acme Oil Company, manufacturers of petroleum products. Atlas Refining Company, manufac- Bush & Denslow Manufacturing Devoe Manufacturing Company, Empire Refining Company (Lim- The bill charged that during the second period quo warranto proceedings were commenced against the Standard Oil Company of Ohio, which resulted in the entry by the Supreme Court of Ohio, on March 2, 1892, of a decree adjudging the trust agreement to be void, not only because the Standard Oil Company of Ohio was a party to the same, but also because the agreement in and of itself Capital S. O. trust ownership. Pennsylvania (cont.): Ohio: Producers' Consolidated Land and Petroleum Company, producers of crude oil. 65 1,000,000 per cent. fi National Transit Company, trans- 25,455,200 94 per cent. porters of crude oil. Standard Oil Company, manufac turers of petroleum products. Signal Oil Works (Limited), manufacturers of petroleum products. Consolidated Tank-Line Company, Standard Oil Company, manufac- Kentucky: Standard Oil Company, jobbers of Maryland: Baltimore United Oil Company, ucts. 400,000 Entire. 100,000 3834 per cent. 1,000,000 57 per cent. 50,000 50 per cent. 3,500,000 Entire. 500,000 Do. 600,000 Do. G00,000 5,059-6,000 |