Through their political influences they obtained franchises of priceless value, organized subsidiary street railway companies, and exchanged the stock of these subsidiary companies for that of the Metropolitan.

通过他们政治影响， 他们获得了无价特许经营权， 组织了附属街道铁路， 并将这些附属票换成了大都会票。

A trust was formed, consisting of nine trustees, who held, for the benefit of the Standard Oil stockholders, all the stock in the Standard and in the subsidiary companies.

成立了九名受托人组成信托， 他们为标准石油东利益持有标准石油及其子所有票。

As less than a dozen men owned a majority interest in the Standard Oil Company of New Jersey, these same men naturally continued to own a majority interest in the subsidiary companies.

于只有不到 12 人拥有新泽西标准石油多数权，因此这些人自然会继续拥有子多数权。

For the accomplishment of his idea of a national telephone system, instead of a parochial one, Mr. Vail organized, in 1881, the American Bell Telephone Company, a corporation that really represented the federalization of all the telephone activities of the subsidiary companies.

为了实现他全国电话系统而不是地方电话系统想法，韦尔先生于 1881 年组织了美国贝尔电话，这家真正代表了子所有电话活动联邦化。