The nine trustees, of whom three were on trial, owned as their individual property more than half of this as of every establishment in the trust. They decided who were to be elected directors and officers of each company. They exercised full control over these officers when elected. They declared the dividends. The profits of all these shares are put into one purse, and distributed in quarterly dividends among the trustees in proportion to their interest in the trust--the purse-holder.[489] In the case of the Vacuum Company, accordingly, we find that the minutes of stockholders' meetings record the presence of members of the oil trust, in person and by proxy, representing a majority of the stock, electing the officers and directors, and declaring the dividends. How thorough and minute is the supervision over the vassal companies an employé, who had been in the service of the combination for several years in a confidential way, and "had access to every book and paper and their cipher arrangement," has told.[490] They "control every movement of every branch of their business." The subordinate companies "make a report every day of all their business.... They have blanks there on which they make a report of all their shipments, where shipped, and who shipped to, and all their purchases; and they report every month the exact percentage they have made out of their crude oil, of all the different products they get out of it. They report everything in detail." This was in 1879. Ten years later, in 1888, the testimony of the president shows that the system is the same. "They know the cost at every refinery. They get such reports once in thirty days; each report shows just what it has cost for everything.... Made out on regular blanks."[491] But when put on the stand in this case, in Buffalo, he had professed himself altogether ignorant of any such reports.[492] Asked if the Vacuum Company had made them, he replied: "I can't recall any such reports." Asked if it was obligatory upon the Vacuum Oil Company to make reports, he said: "I can't state." But the manager's testimony in the same case shows that the system of reports which his superior "could not recall" was in regular operation. "There are reports of sales of the Vacuum Oil Company made to certain parties in New York."[493]