Show I 1 D 0 1 d W NOT colu no 11 ANY aid I 1 SIM ab I 1 I 1 cassatt not interested in enterprises on his line philadelphia june 10 the investigating committee appointed bj bf the board of dl dh ectore of the pennsylvania railroad emrany and acting toi foi all the lines of the pennsylvania system tonight nade made public thi the answers of president cassatt to the questions propounded by the committee in ono one ot its circulars sent to all officers and thu of 0 employed emp loyes of the various lines mr cassatt in reply to tile the query as to whither lie he has any interest te in any coul coal company or other enterprises terp rises located on tile the companas comp anys arlys line since jan 1900 says cassatto Cass atts statement 1 I do not at present own any stock in any coal company whose mines are located on or whose coal Is shipped over the lines ot of the pennsylvania railroad system until the slat of december last I 1 owned of the shares of the millwood coal me coke company k par 50 a stock which I 1 subscribed for when the company was formed about 1872 and paid for it at the subscription price which to 40 the best of my recollection was par there was no market for this tin s stock as it only paid dividends at irregular intervals but last fall an offer was waa made for all the stock by owners of the adjoining land and my stock was sold with the rest did dd own steel company stock 1 I own of the he shares 0 of f the common stock of tho the union Swit switch cli signal company par 50 which I 1 purchased about 18 03 at the then market value which i as nearly as I 1 can recollect was fa per r share 1 I own twenty five of the tha 2450 shares of the united states metallic company which I 1 bought about 1886 at the then market price which I 1 think was about 50 per share 1 I own 2296 of the shares of the preferred stock of the pennsylvania steel company par this stock I 1 purchased at various times my iny first purchase having been october 1901 some months month after the acquisition by tho the pennsylvania company of the shares share of the capital stock of the pennsylvania steel company my ty last was made on the ath of may alay this year the average price paid by me waz was 1 I own 2000 of the shares of stock of cambria steel company par 50 which I 1 purchased at a cost of 3 per r share hare on tho the second day of may 1906 Tl these iese shares replaced 1600 shares of other stock of the said company all of wh which h were bought by mo me after the pennsylvania company had bad acquired a majority of tho the shares of the cambria steel company but I 1 had bad subsequently sold them has not favored companies mr air cassatt said he had not directly performed any service in connection with the receipts transportation or delivery of freight shipped by or consigned to any companies above named ho he said he iad I lad not performed any duties in connection with the distribution or allotment of cars or the furnishing of sidings equipment motive power dockage or other accommodations for any of the companies above named in reply to the question as to whether he Is interested Int ersted in any corporation association or individual doing york work for or furnishing materials or supplies to tile the cotil pennsyl asyl i vanla system he says say 9 that tle five companies mentioned in lils his first an i awer make sales to the pennsylvania railroad company and with the bep tion of these companies he be jb Is rat not interested te or concerned in corporations or individuals ret referred erred to in the query I 1 lie he says he has not performed and is not now performing any service in ill connection with any work done for or the purchase or receipt of materials 0 or r supplies by the pennsylvania railroad company except he has in accordance cor dance danco with cassom purchased steel rails for the entire system these purchases are reported to the board of directors for their approval after concluding his answers dent cassatt makes the following state the special committee you will observe the only stock owned by me since becoming president of the pennsylvania company shares of the millwood coal coke company which stock has been sald sold but in review of the repeated rumors of my being a holder of stocks of the keystone coal coke company the tha berwind white coal mining and henrietta coal companies and of my being interested in the firm arm of cas satt GO 5 I 1 think proper to state that I 1 never owned or had any interest in the stocks of the keystone coal coke company of the henrietta coal company or never had any interest in the company f cassatt I 1 never owned any stock of the berwind waite mining 4 coal company whilo while an officer of of tho the pennsylvania railroad company either cither during my former connection tion with the company which terminated by my resignation of t tho he vice presidency in the fall of 1882 or since binco I 1 became president in 1899 but when in ill 1886 1880 Mr Nir charles J berwind then head of the partnership of ber wind whito white co formed the present berwind white coal mining alining company to take over the business of that firm I 1 purchased shares of tho the stock of tile the company abd paid for it ar ac the market price which was 25 per cent of its par value I 1 sold this stock in 1891 you will observe that it was purchased four years ettor after I 1 ceased to be an officer alicer of the company and was sold tight years yea Ts before I 1 was elect elected d to to the presidency I 1 never had any any interest in the partnership of the ber nying white company 1 I have been somewhat costive but Regu lets gave just tho the results desired they act mildly and reg regj j late the bowels perfectly ge george orge 11 krause roq walnut ave altoona pa I 1 11 |