| Show I REPUBLIC OIL CO IS DROPPING OUT OUTI Pr President Nichols Says I It t Will I Soon Be Swallowed by the Standard New Nc C York Dec 19 That That his rolar salary salary sal sal- ar ary as president of oC the n Republic lJ Oil company Is 1500 un and that ho he was as accustomed d to turn tUn over o to William G. G Rockefeller the money he drew as s dividends on stock held h by him In that corporation were among the admissions admissions made toda today by C C. L L. L Nichols Ichols to Attorney General Geneal of or orlI Missouri lI when the latter the t taking of or testimony I before Core Commissioner An n thon thony The Witness also testified te that thal thalas as a result of oC the throwing ng of ot the tile searchlight of newspaper publicity on oil affairs the Republic had already discontinued business in Illinois anti and Iowa and was preparing to quit ii in fit l Il Missouri Further questioning led Nichols to admit that when he became head of or orthe the Republic lils Ills former salary as ns t n a subordinate in the Standard was 1000 and that he was tim th n given I en his 1600 1500 salary In tho the I Republic his lo to the presidency of oC the latter laUe corporation corporation corpora corpora- tion thus hums Increasing his coin compensation only The Republic said the witness wa vas now nos rc reducing its Us business selling ou out outto to 10 the tile Standard of oC Indiana and anti stilt maintained a a. small working force Corce in itt Missouri at St St. Louis and unel Ian Kansas ns City only because of Ic legal 1 due duc to toMi Mr Mi lr Injunctions Notoriety due to newspaper char charges es that th tho ho Republic was waN held b by the Standard was the determining Influence In driving the tho company compan out of or the state Mr 1 r. r Nichols said Mi 11 Ir Ha ley failed allec lo to connect through the witness th tho Waters Pierce company company com cons pany with th the Standard Oil Oh De Before Core Mr tr Nichols Icho's left the stan stand Frank N. N Hagerman counsel for Cor th the oil I Interests said a lel to Mr tl Had Ic We 0 are willing to withdraw ft fi on Missouri If IC you will let us place ou our nm affidavit of oC retirement with tho the secretary secretary secre secre- tary laly of or state Mr replied r Tarn nm am not goIng goInA to do that because G there are arc som some matters which the Republic OH OIl compan company com corn pan pany will have llave to explain lest first |
