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2 Maatschappij tot Beheer van het Administratiekantoor, opgirigt door Broes & Cosman, Ten Have & Van Essen en Jarman & Zoɔnen.

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1 Mantschappij Tot Beheer Van Het Administratiekantoor Opgiright door Bross and Cosman, Ter Have and Van Essen en Jarman and Zoonen.

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1 Nederlandsche Vereniging ter Cehastiging Von de Sechten vose belangheffeden big Missouri, Kansas and Texas.

2 Maatschappij Tot Beheer van het Administratiekantoor van Amerikaansche Foudsen Opgerigt door Broes and Gosman, Ten Have and Van Essen en Jarman and Zoonen te Amsterdam.

Maatschappij Tot Beheer van het Administratiekentoor van Amerikaansche Gondzen Obgerigt door

Broes and Gosman Ten Have and Van Essen en Jarman and Zoonen te Amsterdam.

Marvin Hughitt as chairman of board of directors of the Chicago & North Western Railway Co.

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1 Surviving trustees under the will of Lord Mount Stephen.

2 Cunliffe, Walter Frederick, Frank Chaplin, Charles Baron Huidlip.

39,581 shares deposited with Central Trust Co. under decree of United States district court in Union Pacific merger suit under which decree the stock is deprived of voting rights until released.

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3 Maatschappij Tot Beheer van het Administratiekantoor Opgericht door Hubrecht Van Haren-Carspel and Vas Visser.

Bankers Trust Co. as trustee under an agreement dated Apr. 15, 1911, by and between the Bankers Trust Co., J. P. Morgan & Co., the Atchison, Topeka & Santa Fe, and the holders of bearer certificates ssued and to be issued under said agreement.

Senator KELLOGG. This intercorporate ownership that you speak of has been very largely, where it has not been broken up by the Federal Government, under the antitrust act, in so-called connecting lines, has it not?

Mr. WARNE. There are exceptions to that.

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