Jasper County Democrat, Volume 12, Number 12, Rensselaer, Jasper County, 12 May 1909 — TURPENTINE TRUST GUILTY [ARTICLE]

TURPENTINE TRUST GUILTY

Verdict Against Five Officials of “Naval Stores” Corporation. Savannah, Ga„ May 11.—“ Guilty” was the verdict in the case of the socalled “turpentine trust." This finding applies to E. S. Nash, president of the American Nava) Stores company; Spencer P. Shotter, chairman of the board of directors; George Meade Boardman, its treasurer; J. F. C. Myers, vice president, and Carl Moller, manager. ~ The men were tried for conspiring to monopolize interstate trade. The maximum sentence is a fine of |5,000 and a term of one year in prison.