BUFFALO, N.Y., Jan. 23, 1912 (UP) -- After denying a motion for a new trial Judge Hazel in United States district court at noon to-day fined the Standard Oil Company of New York $55,000 for violating the Elkins act in accepting rebates from the New York Central and Pennsylvania railroads on shipments of oil from Olean, N.Y. to Burlington, Vt. during 1904 and 1905.
The company was found guilty Dec. 6, 1911, under 143 counts, involving a maximum fine of $20,000 each.
Judge Hazel said in imposing the sentence:
"The abuse which the indictment sought to correct, has, I believe, been remedial. I do not think there is at the present time any rebating going on among the railroads, and I believe that they are showing no predilection for one corporation or any corporation or individual. I think the evils of favoritism have been eradicated largely through the instrumentally of the fines inflicted from time to time. This was the aim of the government in the matter."
This is the fourth conviction for rebating in this district, the Standard having previously paid a $20,000 fine after carrying the case to the United States Supreme Court. In this connection the New York Central was fined $35,000 and the Pennsylvania $20,000 for granting the concessions.
Both railroad companies pleaded guilty.