Continuing with Christopher Alex's Pandora's Box with just a short word on the Federal Trade Commission.There are six blank pages,not sure if it was text,pics,or charts.Like I said in the beginning the file not the best.
41
FEDERAL TRADE
COMMISSION ACT OF 1914
The Federal Trade Commission Act, passed September 26, 1914. The Sixty-Third Congress Session II
Chapter 311, states in simple terms that it was to establish a five member commission to keep an eye on all
big corporation (except banks and common carrier, railroads) engaged in interstate or foreign trade. It was
required to publish violations and abuses and enforce the laws against unfair competition.
The Clayton Antitrust Act, 1914, was framed to help the government further close in on the trusts. It
listed in detail all the practices condemned by the courts: especially it forbade rebates, secret agreements,
price privileges and interlocking directorates between banks, railroads, coal companies, etc.. It said that the
labor of a human being is not a commodity and exempted from anti-trust laws all nonprofit making labor
and farm groups.
This information is meant to show that the government is aware of the monopolies of the banks and
railroad that was owned by the Payseur family and is saying that we must keep and eye on everything else
except these because we can't do anything about the banks and railroads.
42
THE TRUE FEDERAL RESERVE STORY
Many of you have read elements of history recounted by Ralph Epperson, Eustace Mullins and Linsey
Williams, but what you must realize is that none of these authors knew the information behind the events they
describe; as a result, their work amounts to superficial coverage at best. You are advised to get a good grip on
your armchair, because you are about to see in print, for the first time, information about the Federal Reserve
that has never seen the light of day.
In 1893 a panic, which was engineered by the Railroad Bankers, was in progress. The gold reserve in the U. S.
Treasury held only $80 million, far too little for the United States to go on redeeming currency in gold.
President Cleveland called a special session of Congress in Aug. 1893. To repeal the Silver Purchase Act that
was depleting the reserve. He was hotly opposed by the silver contingent of his own party. The Act was
repealed, but no legislation was made to protect the reserve in any other way.
People began to hoard gold. Business' failed and banks crashed everywhere. National bank deposits fell $378
million. The silver dollar dropped from $.67 to $.60 in value; the western silver mines shut down. By winter
(1893-94) everything was worse. Thousands were jobless: hundreds starved. Coxey's Army, a spectacular
horde of the unemployed, marched to Washington to plead redress. They arrived in front of the White House
May 1, 1894, but all the government could do was arrest them for walking on the grass!
Workers in the Pullman Car Co., Chicago, struck in protest against cut wages. The strike spread to 27 states
and involved 23 railroads. Railroad property, cars and buildings, were burned, trains were stopped, the mails
obstructed. True history has probably been covered up. The people of this era possibly knew who was behind
the control of money and were rebelling. Gov. Altgeld of Illinois, who sympathized with the strikers, would
do nothing. But President Cleveland sent Federal troops to quell the agitation and keep the mail moving. The
U.S. Supreme Court, by injunction, forbade interference with the movement of trains. There was bloodshed
and war between the troops and the strikers. Peace was restored by the end of July 1894. But Cleveland's
interference cost him the support of organized labor and its sympathizers.
The whole 1893-94 panic and everything was planned so that the Payseur family, acting on behalf of the
Virginia Company, could at last take total control of every railroad and railroad banking concern in this
county. Remember the family held the financial notes for construction of the railroads, rails, rolling stock etc.
They had taken the congressionally granted railroad land grant patents as collateral for the debt the railroad
company owed the Payseur banks of New York for building the railroads. By orchestrating a financial crash
in this county the railroads could not pay their notes and all railroad companies were seized by the banks in
foreclosure. The Payseurs became the absolute owner and then they turned around and J. P. Morgan. L. C
Payseurs' head trustee, created a plan to lease all the railroad companies out to operating companies in the
form of the Southern Railroad Lease of 1894.
Just to refresh your memory, as you already have discovered in earlier chapters, the railroad owns most every
odd section of land in the United States and bought many even sections of land too. Along with this, they got
the mineral rights also and the list goes on.
This means that the landlord, Lewis Cass Payseur, owned all of the minerals in the ground everywhere. He also had railroad land and other claims, including gold and silver deposits. The family already had a federal
monopoly for the control of railroads and banks, and had the desire to make the United States dollar the
strongest form of money in the world by continuing to back all the currency in the United States with gold and
silver all of which he owned, anyway.
This family has, even to this day, a way of creating companies years in advance and then getting laws written
to prevent anyone else from infringing on their monopoly.
In 1894. a seemingly inconspicuous company was formed in North Carolina; it was incorporated, The North
Carolina Gold Company, a body politic and corporation, this document is included in this chapter. Which
means that it is a private company and is owned by an individual person or persons. In this case a person.
This little company was owned by a railroad by the name of The Charleston, Cincinnati and Chicago
Railroad. Which was also the owner of some thirty-six banking houses. The Charleston, Cincinnati and
Chicago Railroad is a wholly owned subsidiary of the Lancaster and Chester Railroad Company.
A secret meeting took place in November of 1910, in a little tucked away place by the name of Jekyll Island
in Georgia at a hunt club propertied to have been owned by none other than J.P. Morgan. Infact, it was a
private club owned by the railroad owner Lewis Cass Payseur, who had a passion for hunting, especially duck
hunting.
Some of the people that attended were A. Piatt, Frank Vanderlip, Henry P. Davison, Charles D. Norton,
Benjamin Strong, Paul Warburg and Nelson Aldrich. You will notice that there is no mention of a Rothschild
in this list, because at that time the Rothschilds were not involved with the Federal Reserve plan; it was not
until sometime later that the Rothschilds became involved with it and only then because of the death of Lewis
Cass Payseur in 1938. and the subsequent embezzlement by the Rothschild cousins-the Leroy Springs family descendants.
It was only natural that J. P. Morgan would be pushing the passage of the Federal Reserve Act. because he
was the main trustee for all of the Payseur companies that had been placed into trust with Morgan. The other
men that were involved with the Jekyll Island trip were all life estate trustees for the Payseur family dynasty.
Remember that the Payseurs had a monopoly on banking in America, which meant all of them fell under their
control in some manner.
Congressman Lindberg, testifying before the Committee on Rules, December 15, 1911, after the Aldrich plan
to put the Federal Reserve into place had been introduced in Congress, said:
"Our financial system is a false one and a huge burden on the people. I have alleged that there is a Money
Trust. The Aldrich plan is a scheme plainly in the interest of the Trust. Why does the Money Trust press so
hard for the Aldrich Plan now, before the people know what the money trust has been doing?"
Lindbergh was right. It was to become the largest money trust ever. It became another part of the secret
hidden trust that is part of the power control in the world, which goes back to the original Virginia Company
and is a sibling of the Federal Reserve of England. [YES! DC]
The Federal Reserve Bank as it is known today is one of
the banks owned by the the Charleston, Cincinnati and Chicago Railroad. The Fed is comprised of 1503
congressional districts and 364 of the referenced Fortune-500 companies owned by the Payseur monster that
been leased out on a 99 year lease soon to be up on the dates of June 17, 1993 and December 31, 1993.
If, by some wild stroke of luck, the people wake up in time to take the power back or we have new tenants lease all
of this and take the control away from the tyrants that are now in control, things might start to change. There
are no promises being made for a brighter future. The tyrants that control the Fed and the other trust
companies once controlled by J. P. Morgan are very powerful.
What I am telling you here is not hard to see if
you only open your eyes and ears and start putting this giant puzzle together; it is the truth given to you for
the very first time, and can be proven with court house and federal documents and not by the half-baked ideas
by those that only read the newspapers and history books that have and are written by the ones that have been
in control for a very long time.
The enormous national debit load that this country is laboring under was created out of nothing for something
that is nothing. The Federal Reserve charges the United States interest on the paper money, and their form of
banking system that is almost exclusive to the federal reserve bank.
It is called a, "Reg. "Y" Instrument" that
are almost extent now, that is why the New York banks, (that are railroads), which were grandfathered into
that system have a 15 to 1 ratio in banking it is called fractional reserve banking creating something out of
nothing. The banks that operate on the "Reg. Y" principle can write checks fifteen times over for every' dollar
they are holding. That is power. And we have to pay interest on the excess money that the fed prints to
cover the fifteen dollars that are created from every one dollar that is really held by the bank.
Today there is supposed to be a man by the name of Greenspan directing the affairs of the Federal Reserve,
but
this is not the truth of the matter. The person that controls the Federal Reserve and the rest of the world is the
decedent of Leroy Springs, his great-great granddaughter Crandall Close Bowles, who sits as director in the
Federal Reserve building in Charlotte, North Carolina.
The Involvement of the Payseur and Beatty families in the printing of the Federal Reserve notes
Let us review some past history of the Payseur and Beatty families. The year is 1757; a paper manufacturer by
the name of Beatty invented a special woven type of paper called "Chameleon Paper". The paper was
extremely durable, readily accepted special magnetic inks, and contained a unique mix of almost microscopic
fibers, most white, some red, some green.
The Beatty paper mill was on the Yadkin River in North Carolina
still produces this special paper today, and it is the sole supplier, under great secrecy, to the Federal Reserve
printing mills.
It is the paper from which the currency of the United States of America is made. In 1913, the
Federal Reserve Bank, caused legislation to be enacted to the effect that it would be thereafter illegal to even
attempt to make a paper like it. The Payseur family bought this paper mill after the Civil War because the
Beatty's lost everything for acts of treason.
The Payseurs in later years found a use for this very special paper,
and in fact one of the Payseur family elders told an interesting story one day about how when she was a young
girl and her family was living in Washington D.C. with her grandfather L.C. Payseur, there was a special
section in the house that she would visit that had been converted into a printing company, which her uncle
operated, to print the money that was to soon come into use in the United States; the year was around 1909,
and the inscription on the money said, "Federal Reserve Note". It is unknown when or if those bills were ever
put into circulation.
The Federal Reserve has to do with the covenant of the
Virginia Company
For the grants of the land known as the United States the families granted forever that a certain percent of their gains in the United States would be given to the British Crown (Lords of London) The Huguenots covenant
with Queen Anne was that half their gains would be given to the British Crown, and they made this agreement
in exchange for her arranging, on board her ships, transportation for them to the United States and also she
hid them from Napoleon's armies.
The people of this country have never become independent of England. The wars we fought did not gain us
anything and the real truth of why the people went to war has been covered up like all other conspiracies.
They received from the Crown land grants, which were in free and common soccage, (which was only
another way of saying lease not ownership), in the British Colonies. You have to remember that the King of
England gave nor granted anything to we the people. He demanded to be paid one half of all mineral wealth
we extracted from his lands. Every time we thought we gained freedom from England the King came back
with a new trick, like the Internal Revenue System and the Social Security which will be explained in detail in
Pandora's Box II.
Therefore in the copy of the original incorporation papers of the Federal Reserve proves
the covenant is still valid with Edmond Dempsey of Boston representing Lords of London receiving 25 shares
and George Bashore (which was a Payseur) receiving 25 shares and the balance which was 199950 sold to the
public elected by Nathaniel Wilson of Washington, DC to establish a common currency between Europe
(England) and the United States, known as the Gold Standard. July 15, 1893.
On the next four pages you will find the original incorporation papers of the beginning corporation that was to
someday be known as the Federal Reserve.[4 blank pages DC]
43
JOHN D. ROCKEFELLER,
STANDARD OIL AND
WORLD MONOPOLIES
Everyone has for many years been lead to believe that the Rockefellers were the people that owned and
founded the Standard Oil Company and that the Rockefellers were the owners of banks and vast fortunes
even from the mid-eighteen hundreds. The Rockefellers really were part of an elite group of men that became the front men for one family that really owned the wealth of this country. Because of the vastness of this empire the family had to have key people to head up the large corporation.
They were put in controlling position of these companies and were made to look like they were the owners when in reality they were only the 'TRUSTEES', of these companies. John D. Rockefeller, a Trustee for what is now known as Exxon Corporation (formerly Standard Oil of New Jersey), first became interested in oil in 1863 when he was sent to Pennsylvania by a group of Cleveland, Ohio businessmen to investigate oil operations.
At that time he was not impressed with, the producing end of the business, but he did see a future for the refining and marketing side. And on this premise he and his associates developed their holdings until Standard Oil Company was incorporated in 1877.
These people were convinced that small local firms could be bought out because then they could not survive in the highly competitive oil business. Small businesses were bought out and they all became part of the huge Standard Oil Trust in 1882.
Decisions were made bv an executive committee with Rockefeller as head. Standard Oil Company was incorporated in New Jersey on August 15, 1882, by the Standard Oil Trust.
This oil company really owns all oil companies everywhere and all their subsidiaries. This oil company is owned by a little railroad line in North Carolina and that little railroad line was merged into the 1906 Southern Railway Merger that J. P. Morgan was so famous for.
All of this was owned by one man by the name of Louis Cass Payseur. The true ownership has been hidden from the public eye because the family did not want to be known and also to avoid antitrust laws. So it was set up with trustees to operate the company.
The first Standard Oil marketing operation outside the United States was the formation of Anglo-American Oil Company. Ltd. in 1888. Next came the purchase of Deutsch-Amerikanische Petroleum-Gesellschaft in 1890, resident agents were established in the Far East by 1893. By 1895 the company had built up an ocean going fleet of ships (which were the extension of the railroad around the world) to supply this growing foreign trade. Its first tanker was built in 1886.
The increasing need for crude oil forced the company to engage in larger production of crude oil. The company had production operations in Pennsylvania. Ohio and Indiana by 1889. In the late 1890's and early 1900's new oil was discovered to the West, so the company engaged in the search for oil in Illinois. Kansas. Oklahoma. Louisiana. Texas, and California.
These discoveries required that the manpower be increased and new subsidiaries be formed and a new TRUSTEE had to be appointed to head these companies in oil rich western America. Names like Sinclair, Getty, Kerr-McGee, Phillips. Champlin just to name a few. Are you beginning to get the big picture. All this can be backed up with legal courthouse documents.
Accompanying the extension of producing activities was the building of pipelines. The company had gathered
lines from its earliest days in the production phase of the oil business, but in 1879 Tidewater Pipe Company
proved the feasibility of a cross county pipeline.
By 1908 Standard had transcontinental pipelines started in the United States. By 1911 its 10,000 miles of trunk lines extended from Baton Rouge. Louisiana northwest through Oklahoma and Kansas, northeast to Indiana and on the Eastern Seaboard.
The company's leading refineries in 1911 were located at Bayonne, Jersey City and Bayway, New Jersey, Baltimore. Maryland and Parkersburg, West Virginia.
Now ask yourself one simple little question and it is that, why, way back in the 1870's was there such a need for oil. it wasn't until the 1890's that automobiles started to appear and not until around 1910 did they really start becoming popular. Why the push for oil?
The answer is the railroads and shipping fleets that were growing so fast were all owned by this family. It just makes good sense to own the companies that produce the goods that supply another facet of your business empire. All part of transportation and communication.
Some of the other names that you can connect to Standard Oil are Esso. The Carter oil Company formed in 1893 to produce oil in West Virginia. International Petroleum Company was established in 1917 to operate newly acquired properties in Peru. Then came Humble Oil refining Company of Texas. Just to make note of some other names it does business as is Amoco, Sunoco, Vacuum Oil etc. and the list goes on and on.
A policy set in the 1920's showed that Standard intended to continue interest in foreign production. It began operation in the Middle East in 1928 and investigated oil prospects in Mexico and Colombia. The country of Colombia was an important oil source for the company by 1926.
The unbalance in transportation facilities was corrected by creating a new United States flag fleet operating directly by the parent company. West India Oil Refining Company was acquired in 1922. Creole Petroleum Company were acquired in 1928, and in the same year an interest in Turkish (now Iraq) Petroleum company.
To strengthen its refining position Standard bought patent rights outside Germany for a new refining process called hydrogenation. Its foreign marketing strength was increased by 1930 when Standard once again came to power with Anglo-American Oil Company. In 1932 other foreign properties were added by the purchase of Lake Maracaibo, Venezuela, and a refinery at Aruba in the Netherlands West Indies.
Lago Petroleum Corporation and Creole Petroleum Company were merged in 1944. In the same year Standard acquired direct ownership of ocean going tankers. Other marine properties of Standard Oil Company of Louisiana were acquired by Interstate Pipe Line Company.
Standard Oil Company of New Jersey's name was changed in 1948 to Esso Standard Oil Company and under the new name continued to operate all refineries and marketing facilities. Foreign marketing facilities were strengthened in 1948 by the acquisition of Soc. ddu Naphte S. A. (Switzerland) which marketed in various Middle East countries. Foreign production was added by acquisition of a large interest in Arabian American Oil Company in 1948.
By 1908 Standard had transcontinental pipelines started in the United States. By 1911 its 10,000 miles of trunk lines extended from Baton Rouge. Louisiana northwest through Oklahoma and Kansas, northeast to Indiana and on the Eastern Seaboard.
The company's leading refineries in 1911 were located at Bayonne, Jersey City and Bayway, New Jersey, Baltimore. Maryland and Parkersburg, West Virginia.
Now ask yourself one simple little question and it is that, why, way back in the 1870's was there such a need for oil. it wasn't until the 1890's that automobiles started to appear and not until around 1910 did they really start becoming popular. Why the push for oil?
The answer is the railroads and shipping fleets that were growing so fast were all owned by this family. It just makes good sense to own the companies that produce the goods that supply another facet of your business empire. All part of transportation and communication.
Some of the other names that you can connect to Standard Oil are Esso. The Carter oil Company formed in 1893 to produce oil in West Virginia. International Petroleum Company was established in 1917 to operate newly acquired properties in Peru. Then came Humble Oil refining Company of Texas. Just to make note of some other names it does business as is Amoco, Sunoco, Vacuum Oil etc. and the list goes on and on.
A policy set in the 1920's showed that Standard intended to continue interest in foreign production. It began operation in the Middle East in 1928 and investigated oil prospects in Mexico and Colombia. The country of Colombia was an important oil source for the company by 1926.
The unbalance in transportation facilities was corrected by creating a new United States flag fleet operating directly by the parent company. West India Oil Refining Company was acquired in 1922. Creole Petroleum Company were acquired in 1928, and in the same year an interest in Turkish (now Iraq) Petroleum company.
To strengthen its refining position Standard bought patent rights outside Germany for a new refining process called hydrogenation. Its foreign marketing strength was increased by 1930 when Standard once again came to power with Anglo-American Oil Company. In 1932 other foreign properties were added by the purchase of Lake Maracaibo, Venezuela, and a refinery at Aruba in the Netherlands West Indies.
Lago Petroleum Corporation and Creole Petroleum Company were merged in 1944. In the same year Standard acquired direct ownership of ocean going tankers. Other marine properties of Standard Oil Company of Louisiana were acquired by Interstate Pipe Line Company.
Standard Oil Company of New Jersey's name was changed in 1948 to Esso Standard Oil Company and under the new name continued to operate all refineries and marketing facilities. Foreign marketing facilities were strengthened in 1948 by the acquisition of Soc. ddu Naphte S. A. (Switzerland) which marketed in various Middle East countries. Foreign production was added by acquisition of a large interest in Arabian American Oil Company in 1948.
November 1, 1972, the company changed its name to Exxon corporation. The name was also adopted by the
company's United States subsidiaries.
Divisions and affiliated companies of Exxon Corporation operate in the United States and about 100 other countries. Their principal business is energy, involving exploration for and production of crude oil and natural gas, manufacturing of petroleum products and transportation and sale crude oil, natural gas and petroleum products, exploration for and mining sale of coal. Exxon Chemical Company is a major manufacturer and marketer of petrochemicals. Exxon is also engaged in exploration for and mining of minerals other than coal such as gold, silver etc.
A list of a few of Exxon Subdivisions:
Exxon Chemical Company
Exxon Chemicals Americas
Exxon Coal and Minerals Company
Exxon Company, U.S.A. Natural Gas
Exxon Company, International
Exxon Gas System, Inc.
Exxon Pipeline Company
Exxon Production Research Company
Exxon Research and Engineering Company
Exxon Shipping
Esso A. G. of Germany
Esso Austria A. G.
Esso Brasileira De Petroleo of Brazil
Esso Caribbean and Central America
Esso Europe-Africa Services Incorporated
Esso Exploration and Production Australia Incorporated
Esso Australia Limited
Esso Exploration and Production United Kingdom Limited
Esso Italiana
Esso Nederland B. V.
Esso Norge of Norway
Esso North Europe
Divisions and affiliated companies of Exxon Corporation operate in the United States and about 100 other countries. Their principal business is energy, involving exploration for and production of crude oil and natural gas, manufacturing of petroleum products and transportation and sale crude oil, natural gas and petroleum products, exploration for and mining sale of coal. Exxon Chemical Company is a major manufacturer and marketer of petrochemicals. Exxon is also engaged in exploration for and mining of minerals other than coal such as gold, silver etc.
A list of a few of Exxon Subdivisions:
Exxon Chemical Company
Exxon Chemicals Americas
Exxon Coal and Minerals Company
Exxon Company, U.S.A. Natural Gas
Exxon Company, International
Exxon Gas System, Inc.
Exxon Pipeline Company
Exxon Production Research Company
Exxon Research and Engineering Company
Exxon Shipping
Esso A. G. of Germany
Esso Austria A. G.
Esso Brasileira De Petroleo of Brazil
Esso Caribbean and Central America
Esso Europe-Africa Services Incorporated
Esso Exploration and Production Australia Incorporated
Esso Australia Limited
Esso Exploration and Production United Kingdom Limited
Esso Italiana
Esso Nederland B. V.
Esso Norge of Norway
Esso North Europe
Esso Resources Canada and Imperial Oil Limited
Esso Societe Anonyme Francaise of France
Esso Sociedad Anonima Petrolera Argentina
Esso Standard Oil S. A. of Bahamas
Esso Standard Oil of Uruguay
Esso Switzerland
Esso Tankschiff Reederel GmbH of Germany
Esso Transport Company, Inc.
Esso Colombiana Limited
Friendswood Development Company a subsidiary, of Exxon, it has become Houston, Texas biggest, developer of homes and apartments.
Monterey Pipeline Company
Petroleum Casualty Company
Plantation Pipe Line Company
Arabian American Oil company ( ARAMCO ) and Trans-Arabian Pipe Line Company Tapline a subsidiary of Aramco
BEB Erdgas und Erdol GmbH of Germany
Interhome Energy, Inc.
Home Oil Company Limited
One of the next places these oil hungry people found oil was in Russia's great Baku Field on the Caspian Sea. By 1883, a railroad had been built to the Black Sea. the Czar had invited his distant family, (heirs of the former Louis XVI, that were now in America building a Banking and Railroad Dynasty,) to come help in the growth of Russia.
This is how it all started in Russia with what you today call the Internationalist.
[13 blank pages,only interrupted by this text....
The following documents were all filed in a courthouse in North Carolina because it is the only courthouse along the railroad trackage for the Railroad Company that owns these oil companies. By law all legal documents have to be filed in the county courthouse of jurisdiction. DC]
During the process of those mergers, consolidations, buy-outs and releases etc., virtually every railroad operating company fell under the terms of prior leases and mortgages, almost all of which carried exception clauses to the effect that, if the document was a lease, that any assets purchased by the lessee were to become the property of the lessor, or, in the case of mortgages, subject to prior lien-mortgage bonds of another ancestral lessor (be that lessor a company or an individual).
A paragraph in a classic lawsuit of the Circuit Court of South Carolina, namely 150F. 775. Lee vs. Atlantic Coast Line Railroad Company, dated December 23. 1906, states:
"it should he borne in mind that, while all the stock of the local corporation was surrendered and canceled, nevertheless, about $1,000,000 worth of the capital stock of the Atlantic coast Line Railroad Company (or the parent company) was not canceled, but is still outstanding, thus clearly indicating that, while it was the purpose of the parties that the local corporation should cease to exist, it was also the intention that the Atlantic Coast Line Railroad Company should be the sole survivor, and as such should own and control all the property, rights and franchises which it had acquired by purchase as herein before stated, and that it was to own and possess all of the property, rights, titles and franchises thus purchased, to the same extend and in the same manner as it owned and possessed the property which it originally acquired by virtue of the charter which brought it into existence."
The charter of the Atlantic Coast Line Railroad Company created the company as the lessee and operating company, and any assets acquired by it are to be deemed the assets of the lessor, who is also the holder of those one million dollars worth of stocks. The ownership spoken of above is only by deed of lease.
The same goes for both the Southern Railway and Seaboard Air Line Railway companies, they too were created as lessee and operating companies. Additional Railroad Assets As previously mentioned in the section regarding the development of the towns on the railroad, the railroads did not only run trains.
NEXT
ELLIOTT SPRINGS AND HUGH WILLIAM CLOSE
Esso Societe Anonyme Francaise of France
Esso Sociedad Anonima Petrolera Argentina
Esso Standard Oil S. A. of Bahamas
Esso Standard Oil of Uruguay
Esso Switzerland
Esso Tankschiff Reederel GmbH of Germany
Esso Transport Company, Inc.
Esso Colombiana Limited
Friendswood Development Company a subsidiary, of Exxon, it has become Houston, Texas biggest, developer of homes and apartments.
Monterey Pipeline Company
Petroleum Casualty Company
Plantation Pipe Line Company
Arabian American Oil company ( ARAMCO ) and Trans-Arabian Pipe Line Company Tapline a subsidiary of Aramco
BEB Erdgas und Erdol GmbH of Germany
Interhome Energy, Inc.
Home Oil Company Limited
One of the next places these oil hungry people found oil was in Russia's great Baku Field on the Caspian Sea. By 1883, a railroad had been built to the Black Sea. the Czar had invited his distant family, (heirs of the former Louis XVI, that were now in America building a Banking and Railroad Dynasty,) to come help in the growth of Russia.
This is how it all started in Russia with what you today call the Internationalist.
[13 blank pages,only interrupted by this text....
The following documents were all filed in a courthouse in North Carolina because it is the only courthouse along the railroad trackage for the Railroad Company that owns these oil companies. By law all legal documents have to be filed in the county courthouse of jurisdiction. DC]
44
ASSET ACQUISITION
The consolidation and merger of all the smaller railroads into the precursors of the railroad system we know
today was chiefly accomplished through the cyclic fluctuation of boom time and depression which occurred,
as
formerly mentioned, in the 1860's, the 1870's and, most importantly, the depression of the early 1890's. During the process of those mergers, consolidations, buy-outs and releases etc., virtually every railroad operating company fell under the terms of prior leases and mortgages, almost all of which carried exception clauses to the effect that, if the document was a lease, that any assets purchased by the lessee were to become the property of the lessor, or, in the case of mortgages, subject to prior lien-mortgage bonds of another ancestral lessor (be that lessor a company or an individual).
A paragraph in a classic lawsuit of the Circuit Court of South Carolina, namely 150F. 775. Lee vs. Atlantic Coast Line Railroad Company, dated December 23. 1906, states:
"it should he borne in mind that, while all the stock of the local corporation was surrendered and canceled, nevertheless, about $1,000,000 worth of the capital stock of the Atlantic coast Line Railroad Company (or the parent company) was not canceled, but is still outstanding, thus clearly indicating that, while it was the purpose of the parties that the local corporation should cease to exist, it was also the intention that the Atlantic Coast Line Railroad Company should be the sole survivor, and as such should own and control all the property, rights and franchises which it had acquired by purchase as herein before stated, and that it was to own and possess all of the property, rights, titles and franchises thus purchased, to the same extend and in the same manner as it owned and possessed the property which it originally acquired by virtue of the charter which brought it into existence."
The charter of the Atlantic Coast Line Railroad Company created the company as the lessee and operating company, and any assets acquired by it are to be deemed the assets of the lessor, who is also the holder of those one million dollars worth of stocks. The ownership spoken of above is only by deed of lease.
The same goes for both the Southern Railway and Seaboard Air Line Railway companies, they too were created as lessee and operating companies. Additional Railroad Assets As previously mentioned in the section regarding the development of the towns on the railroad, the railroads did not only run trains.
NEXT
ELLIOTT SPRINGS AND HUGH WILLIAM CLOSE
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