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STANDARD OIL TRUST.

WILL SPLIT INTO 35 COMPANIES. A NEW SUIT. BUT' THE OLD BODY. Press Association—By Telegraph—Copyright. NEW YORK, August 2. (Received August. 3, at 8.5 a.m.) Jn accordance with the Supremo Court decision, the .Standard Oil, Company have decided to dissolve- into 55 subsidiary companies. The method to be followed is to distribute the stock of tho subsidiaries amongst tho parent company's shareholders. Financiers -declare that, although the law is thus technically observed, the Trust is no less a Trust, than before. [Practically tho whole of the information in the above was published by the Independent Press Cable service some ton days ago.]

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19110803.2.76

Bibliographic details

Evening Star, Issue 14635, 3 August 1911, Page 9

Word Count
105

STANDARD OIL TRUST. Evening Star, Issue 14635, 3 August 1911, Page 9

STANDARD OIL TRUST. Evening Star, Issue 14635, 3 August 1911, Page 9