Salt Lake Herald-Republican | 1909-10-28 | Page 1 | Texas Oil Concern Ousted by the Court

TEXAS OIL CONCERN OUSTED BY THE THES COURT Violation of AntiTrust Law of f Lone Lon LoneStar LoneStar e Star State Is Decidedly Dangerous Austin Tex Oct 27 Judge Calhoun Calhou n of the tha district court here today entered enter an order assessing the Security Oil com corn company company pany with penalties of 50 a day from fro t July 23 3 1903 1900 to Nov 6 1207 1967 when an In Injunction Injunction injunction junction was issued stopping an alleged allege violation of the antitrust laws The fine fin e aggregates The charter was can canceled canceled canceled and the company perpetually en cn joined from doing business in the state he Navarro Refining company was penalized iO dally daily from Oct 12 1907 1901 to Nov 6 1907 1901 amounting to 1300 1306 This charter was canceled and the company com pan ousted Guy Collett of Austin has been ap appointed appointed appointed pointed receiver for both companies with Instructions to advertise the properties for sale on Dec 7 A judgment of ot against the Standard OH Oil company of In Indiana Indiana Indiana diana will be enforced In garnishment Proceedings proceedings against the Gulf GuU Colorado Santa anta Fe railroad A judgment of against the Union Ullon Tank line will be collected If the receiver can dispose of the property in hand to pay the fine tine