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About Kendall Chronicle (Kendall, Mont.) 1902-190? | View This Issue
Kendall Chronicle (Kendall, Mont.), 05 May 1903, located at <http://montananewspapers.org/lccn/sn85053338/1903-05-05/ed-1/seq-5/>, image provided by MONTANA NEWSPAPERS, Montana Historical Society, Helena, Montana.
Iv Ki'ndali, Montana, .1Viay 5, 1903. 5. MT HE IINNOIR MEETING The Stockholder Was Somewhat of a Curiosity A Story of the Methods Employed by the Standa:d Oil Company An interesting illustration of cor porate methods is afforded by the re- cent experience of a stockholder in the Standard Oil company, says Lae - lie's Weekly. Armed with a proxy to reprenent shares owned by his wife, and in accordance with the regular printed invitation of the company to all its stockholders to attend its an- nual meeting, he started [tom New York about 9 o'clock in the morning for the office of the Staidard Oil com- pany at Bayonne, N. J., where the meeting was to be held at 10:45 a. m. Taking the ferry to JerseY City and a trolley line toward Bayonne, he was shunted off to a little old-fashion- ed street car line, which finally land- ed him on the outskirts of the Stand- ard Oil company's works, a mile from the office at which the meeting wao held. Alter making inquiries of watchmen at the various railroad crossings in the yards, he succeeded in threading his w.y through a labyrinth of tanks, pipes, cars and buildings, until, at at.out 11 o'clock in the 'morning, he reached a common place 6rick On the very edge of the bay. He was told to climb two flights of stairs on the outside of the structure, and there, hidden away in a !colt, withou., a sign to indicate Ito location, the an- nual meeting of the great and pow erful Standald Oil company was bele.: held. He says: \Entering. the roJrn ''here the meeting was to te held..,I found a fine looking. ca4rteous, mfd- die-aged gentleman, seated by th'e side of a large table, upon which were piled the proxies sent in by stop -lc - holders authorizing Messrs. Rockefel ler, Flagier and others to represent them at the meeting. I asked it this was the meeting of the stockholders of the Standard Oil company. He re- plied that it was, and I the flisc.ov. elk:4d that I was the only stockholder from the outside who was precent. I ingutred if an annual raowt isr the earnings of the company_ had been pi esented. The reply was in thc neg- ative, the gentleman remarking that the stockholders apparently had not attended the meetings or cared par- ticularly to see an annual report. I ventured to suggest that it was tht custom at annual meetings to present for the information of the stockhot I ers something regarding the conditlor of the property, to which the stock- holders. as partners in the concern, were obviously entitled. \The gentleman at once becam more serious, and asked my name and whom my proxy represented.. He im mediately stepped into an adjoining office for confldential consuitation with the clerks assembled there, and in a moment ceveral of them hurried into the room where I wait and made an Inspection of what appeared to be the stock of books. I was the sub- ject of a good deal of scrutiny, and was apparently an object of decided interest. After a time my credentials wer,‘ Lecepted, and I ventured again to ask whether he was able to give me a statement bearing on the cOm• pany's business for the year. Cow- teous as ever, he declined to say more than that he must refer me to Mr. Dodds, the solicaor of the company. at the New York office. \I asked if it was not somewhat unusual to refer a stockholder in such a matter to the company's attorney, and he replied that he had nothing more to say excepting that if I want- ed information I must consult the at- torney.. I asked the gentleman if he was an, officelr of the company, and he said he was, and that he was a dl - rector, I asked him if, as a director, he declined to impart information re- garding the company's affairs to its stockholders. He again replied, some- what frigidly, that he must refer me to Mr. Dodds. I asked the director to give me his name, and he unhesi- tapngly _gave it as Mr. Barstow. I bade Mr. Barstow good-dai, tramped a nine back to the street ccr, through the gases and the stenches of :the Standard Oil works, an'il returned to my office in New York. I have not been a believer in anti-trust legisla- tion, but I have changed my mind.\ PREFER TO SO TO CANADA Ell gin ts Stirpl WO Populist I Itt Not Rushing teiti , uth Africa A special cable message from Lon- don to the Toronto Globe says: Canada, rather than South Africa, is absorbing the surplus population of Great Britain. The reatoratidgt of prosperity in South 'Africa !Itch been slower even than the process of recon- ciliation, and the mining industry has not received as . streng an imeptus as was expected since the close of hostil- ities. The reports sent home by a British army of 250,000 men during the war were unfavorable, and the ex- pected emigration movement from Britain to South Africa has not set in. The resources of 'Canada meanwhile have been advertised systematically, and full use has been made of the American invasion, both as an incen- tive and a warning. The American settlers have been credited with \knowing a good thing when they fcund it,' and the British farmers and mechanic's have been urged to follow their example and take effective measures -against an undue growth of American influence in Manitoba and the Northwest territories. The second contingent of Mr. Barr's force of British emigrants, which has just left Liverpool, ninmbiers 1,800, and before the winter at least 10,000 will be transplanted from the midland and northern counties to the Saskatch- ewan valley. Rev. Mr. Barr himself has sailed with this large body of settlers, and will go to Winnipeg and Saskatchewan. The Canadian officials aasert that the settlers are a picked body of emigrants. representing the arts and crafts, as well as agriculture, and talting with them a large amount of capital. The South African mil- lionaires have neglected emigration work, and can hardly hope to succeed by belated energy in interrupting this remarkable exodus across the Atlan- tic. NINE TONS OF MITENUE STAMPS al osPti at 545,000 Have Recently Itcco Hedy...lord at the U. R. Treasury A man went to the once of M r Johnson, chief of the stamp division of the treasury, a few days ago and presented three documentary internal revenue stamps for redemption. He said that he had found them in toe pocket of a coat he had purchased of a second-hand dealer. Mr. Johnson refused to allow the claim upon the grounds that the holder ,had not es- tablished title to the stamps, and that the original purchaser might tile a claim. The stamp division has just com- pleted the cancellation of the largest bundle of stamps that has been tiled for redemption. It contained $45,000 worth of 1 -cent stamps and weighed more than nine tons. It took twenty clerks thirty days to check them off. More than 99 per cent, of the war G --THE WEDGE BUFFET ---9 P. LEARY, Proprietor A Well Assorted Line of WINES, LIQUORSANDCIGARS COMFORTABLE, COZY CLUli ROOMS Opposite Post Office and Shaules' Hotel, Kendall, flontana W. S. SMITH TELEPHONE 115 LEWISTOWN, MONTANA EXCLUSIVE IN HOUSE FURNISHINGS TERMS CASH revenue 'stamps - which come within the law have been redeemed and the counting force has been reduced to a few clerks. Since the war tax was repealed, stamps have been coming into the treasury in great bundles, some of which aggregated in value many , thousands of dollars. They hcae been piled in the corridor of the treasury as there was no other place to store them, and have been guarded by a force of special watchmen. At one time there were More than 300 tons on band. They have been can- celed under the direction of special agents. This has been accomplished under great difficulty and It will sur- prise no one at the treasury if there is a serious discrepancy between the nulnber of stamps reported destroyed and those reported by collectors as turned in for redemption. Dr. R. S. Hedges, Lewistown, success- fully treats diseases of the bladder and stomach. AL. In Health Healthy kidneys filter the impurities f orn the hood, and unless they do this good bealtli is impassible. Foley's Kid- ney Cure makes otiiiil kidneys end will Positively cure all forms of kidney and 1.1adder disease. It strengthens the whole system,. Notice of Dissolution Notice is hereby given that the co- partnership heretofore existing between .tohn J. Bullard and Wm. Braid under the firm mime of Milli(' tit iii red, bas teen dissolved and the business will be hereafter conducted by J. J. Bullard, 'N hobs,' RSPIMINSti sll indebtedness and will collect all bills due the Paid firm. WILLIAM BRAID JOHN J. BULLARD Dr. R. S. Hedges Physieion and 8u,rgeon Office Over Judith hardware Store L RWISTOWN orri ee Telephone 80 Reahlence Telephone 80 Office Hours 10 a. m. to 12 tn. 4 to 6 p. tn. John Jackson, Jr. Notary Public Fire Insurance Kendall Bakery and Confectionery Store .11.411T1JV CL.leSEX Proprietor Bread, Pies and Cakes Fresh E v cry Day Candies, Tobaccoes and Cigars, Very Choice Local Agent for Kendall Stages Mrs. M. E. Van Dusen's HOSPITAL Lewistown Montana The experience of trained nurser afforded to all our pat tents Rates from $io to $20 per week Corresponee solicited. Telephone No. 0. F. WASMANSDORFF Civil Engineer and Surveyor U. S. Deputy Mineral Surveyor. KENDALL, MONTANA. Dr. Gaylord McCoy Successor to Dr Wiemer Office on First Floor Above the Post Office, Kendall, Montana. DENTISTRY Dr. M. M. Hedges Office Over Judith Hard- ware Store, Lewistown. Has been in practice over thirty years and guarantees all his operations. Conveyancer, Etc. HRONICLE Kendall, Montana $ 2 00 A YEAR
