An Inside View of Trusts

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I suppose you investigate a well very thor- oughly before running out 15, 20 or 25 miles? A.
Naturally we look into the business.
Q. But at the same time there is a certain amount of risk as to the perpetuity of the well?
A. Yes.
Q. All that risk yon assume? A. We do.
Q. (By Mr. Farquiiar.) Is the only salvage the pipe when you abandon a well? A. That is all.
Q. (By Mr. Smyth.) You have to buy the right of way generally? A. Sometimes — we always ex- pect to pay for it. It is worth having and wo
...rth Pa-ying '^OV. Digitized by Microsoft® Testimony closed.
269 WASHiNGToisr. D. C, Wednesday December 13, 1899.
Testimouy of Mr. Howard Page.
Vice-President of the Union Tank Line Company.
The commission met at 10:45 a. m., Chairman Kyle presiding.
Mr. Howard Page, of ISTew York City, rice- president of the Union Tank Line Company, was introduced and being duly sworn, testified as fol- fows: Q. (.By Senator Kyle.) State your full name, ad- dress and business. A. Howard Page, ISTew York City.


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