, 1874-01-11

IN their judgments the interests of tho town ma, II
| cuire. ~ 80
Following this came long and exciting do.
bate
THE IoWHsHR ATTORNEYS STATEMENT.
:, CHARLES shackleford. tho attorney retained by
made statement showing the result of inyesti-
CATIONS SO far as could be asce1tsined without
reference to the books OF the Company, to which
access had been denied him. He read the fol-
| lowing communications showing that ouch re-
| quest had been mnde aud refused:
=, B1oosnsa1os, ILL.,, Dec 80, 1873.
II 4: A. i3Sa,s zs EfHfr:tay IS and Treasurer r. D. n:
DEAR sm: At meeting held in LEROY. Emptre
Township, Mclean County, ILL.,, on the 27th inst.
Messra. L. II. Guy, Hiram Buck, and jaime. Kimler
rsalst them and the town officers in Investigating and
protesting tie interests Of Empire Township in con-
n1fon ftao hsqa wa ,s thS stok r. oaF Tosd The Com
IN hand touch tie management Of yonr
T. will largely assist tbs Committee in arriving at &C.
eurate conclusions and the rendering Of correct
write to ascertain whether such tnspcction Vii b.
youchsafed or resisted upon application At the oice
y as aaEg the ten
In answer to the above. the following letter
WAS received:
NnhaAfoL1s. BLooatsaros + WEsrEnN Rr.,}
OFFICE GENERAL MANAGER,
AIUANA, 1u.. 1874.
Charles Shdckletord, Bloomington, H.
DEAR SIR Your favor Of tho seth ult to Mr. A. P
Lewis, our TEeasu1er In which you request oppor
received. Had the authorities Of the Town CT Empire
come to our Office for information respecting the af
ure to ave furnished to he a The fss IL T nj pos
session. But, as certain hostile and threatening
son Ssa ess sesn ia ss S14 for .' m TN %
Of harasstng this company, do not feel ut liberty
without Instructions from The Board Directors, to
Hn+t fYr 111Hoz
copy Of our bylaws, showing In what mannct ni1eo.
tors' meeting can be caued, through the action Of
At such meeting ii ihe anapa Of the can.ev can b.
examined, and all abuses III any EXIST can be cor
rocted- Yours truly, g. ". SMITH, General A1anger.
In answer to this communication, Mr. Shack
leford addressed the following to tho General
Manager:
Your favor Of the I'd inst., in answer to my conr
5ou refuse me and the stockholders represent the
right to examine the books OF tbs Company under
hat you raco your refusal substantially On ' tbs
ground that such examination would be likely to en-
courage 'hosss action Oh tho part of stockholders
who desire to know what your Company hax dono
With their money.
The copy OF bylaws furnished contains no clause
for the protection OF stockholders In the premises.
desire to call your attention to s.tutes Of Illinois,
1e71-1s7o. p 800. Sec: 13, follows: TT Ehan ba
tue duty Of the Directors or Trustees Of every
fta principal oce place OF business in this State
correct books Of tccoun: Of all ts buainesa and every
stockholder In such corporation shall hays TIE right,
at nu reasonable times, by himself BY bis Attorney
to examine the records and books Of account Of the
corporation" usgu1ne that four letter Of refusal
written in ignorance ct the foregoing etatte in
asuauch AZ cannot presume that you would Hilfuly
Siolato law Of tho State und therefore, again
Asked As the attorney OF the Town OF Empire and
others who stock in your Cornpony and have the
right by law to examine it's records aud boos OF ac
count. Very respectfully,
CHARLES 9HAcK1EFoRp,
GEN. Gn1DLEY,
formerly Director of the Lafayette Road, replied
to him and urged that to attack the road now
egg that in order to build the road bonds had
to be negotiated at low figures, and SO forth.
oTnEE SPEECHES.
Speeches were made in favor OF imnle diate
and decisive action stated in the resolution by
the Hon. J. L. Kowell, ". g. watkins, and
others. O. L. Tteeves said to be the Attorney
OF the Toledo Road, Gen. Rlo&Fnfe1d, and
others made speeches coupseling delberation
before acting.
FINAL ACTION.
Gen. G1idley offered m amcntln eut to strike
out all that part OF the resolution g;&ing power
10 the Committee to act without further orders
This amendment Was adopted by close vote.
The names OF &. A. Davis aud 3. 4. abbot we're
added to the delegation,
The meeting adjourned to reassc, nble 1T the
all Of the Supervisor.
SIMILAR MEETING
sas held at Leroy by the people Of E.npi.e Town
'hip, resnltiul; in .he empowering Of Supervisor
Howard to e2pend the money 1,eoe:ssary to om-
,loy legal expert TO examine into the affairs Of
lie road.