Salt Lake Telegram | 1903-05-13 | Page 2 | Pleads Guilty to Charge of Trust

PLEADS GUILTY TO r CHARGE OF TRUST Federal Salt Company Subject to a Fine of SSOOO Under the Sherman Sher-man Law. SAN FRANCISCO. May IS. Before Judge DeHavcn In the United States District court the Federal Salt company, of which D. E. 8klnner was president was convicted of maintaining a monopoly contrary con-trary . to the Sherman anti-trust law. When the case was opened yesterday. Attorney H. B. Wright, for the corporation, corpora-tion, withdrew Its original plea of not guilty and pleaded guilty to the first Count of the indictment Judge DeHaven will pronounce sentence on Thursday. The maximum fine Is SOOOO. This case marks the first conviction under un-der the Sherman law, which went into effect in 18S2. Last November the Attorney-General's office won a civil suit before Judge Morrow Mor-row against the same company on identical identi-cal evidence. The successful termination of that suit abolished the contracts the Federal Salt company held. The company was organised in New Jersey in 1000. It established a business In California and Suickly secured a monopoly of the pro-uct pro-uct on the coast raising the price from 12 and 10 a ton to $30 and $52.