OUSTED FROM BOARD
OIL COMPANY DIRECTOR PrMS Association—By Telegraph—Copyright NEW YORK, March 7. (Received March 8, at 12.30 p.m.) A message from Whiting (Indiana), says that Mr John Rockefeller, pin., j won the biggest light of his business • career when he succeeded in ousting Colonel Robert Stewart from the board of directors of the Standard Oil Com- , pany, Indiana. Thus the issue of j “ moral fitness,” raised by Mr Rockefeller against the head of the Indiana concern, due to Ins connection with the Continental Trading Company in the famous oil scandals, was approved by the company’s investors. The total vote for Mr'Rockefeller’s view was approximately 8,500,000 shares against slightly under 3,000,000 shares for Colonel Stewart. Mr Rockefeller was in Europe at the time of the meeting, but Colonel Stewart was present.— Australian Press Association,
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Bibliographic details
Evening Star, Issue 20119, 8 March 1929, Page 8
Word Count
134OUSTED FROM BOARD Evening Star, Issue 20119, 8 March 1929, Page 8
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