The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-06-29


BY the EIecsvs Board sad fully endorse their
.os wise and prudent and we ,.ns gsa.
mss thanks for their vigilance and direct
Rssoved That We the OF the Merchaus' Union
70 he 0SF S s
shall stand by its fortunes and relax no energies pro-
Aud these defeadAnts further answering, deny that
they :. Of s said SSmpssy d ssS M @ S sSsa
but the said Executive Committee and the
e saS
believed than Is paid for Ike services IN other express
been snbmted Trustees that
msnss and Of The said sompsny have been at
rate on the contrary they aver that great
to- keep the expenses and disbursements OF the
Ss snd .as sharss of the large
BY Il that every effort has been made e conSoe.
doced with strict economy and with the sole regard 70 the
no lavish axpensures amy KIND savs been made and no
expenditures which the defendants properly be
And these defendants further an.werins that the
ing and cemmeacins It's b1.inss. were necessarily large
And the said defendants admit that the property which
snSns suction y ioToed sale would MOI prsSasy
s s % s
but Ssy S that se aos
than the and ans os
further s.'wsns admit that
were then and are now existing three other express
Va.
and The s q s om By s h
piant alleges he purchased stock well the
% nd y hs *. ,s ~ Shf5 e
would necessarily come in competition with some or all Of
se u
Of the business Of the said Merchants Union Com
said plaintiff became subscribers thereto with all the know
the
. aa s.
the sad exiting cempanies and to enable the public to
to the extoron to which they been Heretofore
and % % s we BY s
that its lines and routes of business would necessarily be
were traversed BY three existing companies and
ast ~SpG Ss
or contracts the right OF transportaion over the
necessarily paid therefor they deny any stock
had been ssned 70 any for such rights either s.
Merchants Union Express Company
.nd
M 5 q Sc M
rangemsns should be entered into that tho
f the sss s e
They deny that said contracts have been made with any
e
Sss sas a' a
ss a m.s with s % oys
freight and express matter are carried 90 far the said
nies have been In same ssns rates
upon the term: the contracts made With the ether
other or different; that n ~ instance. they have
upon equal terms with tho other s1pssss eoiapsnies
o1 the ss AT sT.S ASs they h h. M
railroad companies in anticipation Of the wants OF their bust
msn and sas where sy have 70 and
% hs 81 S
. DS 4: s 81 &.
Of said railroad companies and believe
ss *. % ssns
compete with said other three the said defend
Geo. ls: than .hs usual charge. other
Ssn ss 1S ~SS
&. .ss
coud they have been their
a1ss
calling 1as = for S.
shs ar ten per cent They deny that any srn OF rA.es
ordinary railroad fare Tor irsisa9p
M non s say a.
sas: ~ h: ] ss .%:
sss s1;as s
arin Of charges over aud upor h reuea which could
Gses Company @siss % you'd 81: he
sns sss s
Express Company TO destroy the value OF ia stock and
Sa put 81 o. snS q
As that which has been fixed and other
And these defendants further answering say. that in
October 1895 INC United States EsDress e
circular the words and ssarss f5iIo~ns 70 yis'
Private and Conndential.l
To surssrJssD..rs AxD AGnns OF rms UsIrsD STATES
ors.nlsatlon Known tho MercA.n.. Union Express
Of occupied By this Company superinten-
business with this ossnlsation directly or u
No s. o. ss. ssr q P : q Be- re-
paid. consigned or unconssned
T pre-, may = ssss:'.Fy route. where n. E:.
sSis Company. .eoaSp:s sAl. you ~il from time
Is. ~. ps..siy. friendly rsi.ons
.upon route; wh.I. hsr. eOmpsson you van main
HENRY KIP, General Superintendent.
the time ike circular TO their rsspsctvs sup
being
Ssr Union
q ss iss Ds r. S SPSa ~: q
8: :s.a ssssaa... further ss.wsrns ~ that %.
they get 81 lower charges nzsd By the
said Aerchan Union Express Company and the
2: the said nscnsn's Union EIpress Company driven
hs,r orgAIti.ssion, which would have resulted in
sssaoshment % M Of The mencpoiss before mentioned or
" reduce tnetr rates and something
point Al which the other composing express companies were
carrying express matter.
4. .sS sss: 4 further .n.y.ns .A.
thousand miles in eitsn that from that time, which
some time In October. 1905 70 present they have
extended their lines and routes bv about 900 mes and
covering and
routes nearly lso miles n sntsnt; that this sxenson Of
their busness necessary 70
ganxaton and 70 enable them erpress
matter over the routes and lines established and has
been attended with very large expenoes
And the said defendans further answering say that
the rapid extension Of their lines and routes aforesaid
was necesssted BY the persistent refusal express
companies a. common carriers 70 receive from the
nerehants Union EIprsss Company 70 deliver t. any
the said Merchants Union Express Company much larger
and more rapid expenditure Of money than was ccntern-
plated could possibly have been The time or
the organization Of the said company.
But these defendants the said eornpsnv hss
since commenced business transacted the ssms Al loss
Of several hundred thousand dollars per month They
admit that the business has not resulted profit but they