The Placer herald., 1870-07-09
A $50, ,ooo, 600 Law SUIT.

v.'viug properly. franchises and r'gh's TO
value exceeding 5000, 900, 900. The aiega.
,ioos and schedules Of the complaint make
80 pages Of printed matter in Law form.
There are fifty five distinct and detailed allie.
"a IONS covsring some 80 printed pages Of
the complaint, exclusive Of the sche duIsa do.
scribing the property Of the Company and
OF the Director. and their conf-,i-rxses, which
the Cour, (hs Fifteenth D's,ricO is asked
to restrain Leland Stanford, Huu,ington,
Hopkins, Cha.. and E Is. Crocker, and their
rouf.derates, from controlling, disposing OF,
concealing, or in any manner interfering
with during the psnjsnry Of the suit. This
complain, alleges in substance tha, the Stan.
ford., Crockers. aud Huntington d Hopkins
we're comparatively poor men when the
G. p. X. r. Company was Incorporated,
,ba, they never expended dollar Of what
little they bad on the road, or in payment
for stock or assess'nsn,s; that with the mon
sy received from Placer comfy Sacramento
county, San Frsnoisco, $3.50. 900, the State
of California the United States, and ou tside
individual stockholders, they b it and
stocked the road. and pocketed Individually
vast millions besides in the most rascally
and fraudulent manner. II is alleged that
these Directors, the Sanfords. CrocLsrs,
and Huntington and Hopkins formed con,
tract and finance company composed Of
themselves, and as Directors Of the R. K
Company vo.s1 and paid over to themselves
I" the said finance and contract company,
money and means which were the property
of all the stockholders Of the X X Company
prora,a. to the value OF So25,e55,6ls II.
1906 .G32. Gel 5O3 Of which sum va. in
excess Of The actual cost Of the cons,ruction
add equipment Of the road, thW rotbing
deliberately with wicked and abandoned
hearts the people Of Placer and Sacramento
counties, and the other stockholders out OF
these vast millions OF dollars; that these
vast millions were snd are being nssd to
purchase and build the Western Pacific, the
Oregon, the San Joaquin Valley. the South
ern Pacific anil other roa's; to purchase the
San Jose road, to corrupt Congrsssmen,
State Legislators, the public press and other
base and iIpgi'imate purpose'; that all these
roads, lands, and other private and public
property, save and except what .hess Dirsc,
ors had when the corporation was formed,
10 held by fraud, ha. been ob,sined in fraud.
and is in fac, and equity the properly Of the
original s,o. kholdvrs in c. p. K 4. Company
in prora,a proportion to the amour. paid in
on the stock, and should be 30 declared by
the Court |. is further alleged that ,bsse
Directors voted and paid to themselves rs
the contTsct company, in some instances,
for the construction Of the road at tho rate
Of 81 600 when the work WAS done by cub
contractors for one dollar. 1t 10 charged
and is undoubtedly hue, that these men,
Stanford and confsdrrates, took the money
belonging t. Sacramento and Placer and the
other s,ockho ders, and through ID. 0. NJ Is
Il Co. purchased our stock With our own
money ip fraud, and that lbe sale is VOID
This being the case. OF which there is not a
doubt, Plarer still holds her original pro-
portion Of al the rights. franchises and
property Of the G. r. 4. R. and all other
roads and property claimed by the S.aufords.
Crockers. Huntington. Hopkins and their
oopfedera,ss. acquired since the incorporation
Of the &. p II Il even down TO- the finest
private mansion on the Pacific coast, which
interest amounts 10 one Thirty seco nd
part Of the WHOLE or ono dollar out Of every
lHiriy-two. making a sum exceeding SO S75,
600 according to the estimated valve of the
whole property in the complaint. We have
known Of the salusl commencement Of the
draft Of this complaint since last November,
and so has our ex Di. trct Attorney, now
The attorney of the 9. p K 4. and The eA'
County Recorder for ws showed them both
the correspondence had with The attorney
for the plaintiff io this suit. The complaint
prays. that a Receiver be appointed to take
barge Of all these railroads and property, to
run, manage and control the same; that
Leland Stanford. Huntington, Hopkins,
Cbas ana E. B. Crocker, aud their coutsd-
crates, be enjoined from acting as Directors,
and tba, they and ID. o. Mills and d. o. Mills
Il Co. be restrained from voting al any
meeting OF stockholders, or representing any
shares Of stock acquired since the 10th day
Of April, 1870 placer and Sacramento
sock); .bs, they be enjoiued from selling,
transferring pledg'ng or in any manner in
cumhering any stock, lauds bonds or pro-
perry now claimed or controlled ~ them;
that said defendants be restrained from sell
ing or iucumberug any lands, and that all
aaIes m ada 10 Il Il R.ddinu ha decIarad a