, 1876-11-18
TILE RAILWAYS.

TIE WAR Or THE ROADS.
The warfare between tho Eastern trunk lines
on the question of freIghta was brought up In
the Supreme Court Mt New York Wednesday on
m application by Russell sagc, Rufus Hutch,
Canirnun Il Co., T. W. Callaudcr, White, Morris
& Co., and others, against tho Farmers Loan
and Trust Company, thu Lake Shore 4; Michigan
Southern Railroad Company, Cornelius asnl
thu Company. According to tho New York
IImes, MI assler was issued by tho Court direct
lug tho respondents to siow tausc, or Nov. %,
why they SHOULD not bc compelled to exhibit to
shorc Company, nnt tho list Of Stockholders,
or why an alternative mandnnls SHOULD not is
sue requiring thu respondents to 10 tlcso
things. or show cause to tho. contrary. Tho
we'll shown by tin a,litlnyt Of Rnf,is l1atel, on
which tue application vas bnsed. Hc sags tho
composed Of II consolidation OF about ton ro1le,
mud owns md leases MI aggregate ratlroad ltno
within tho territory OF this state. Aninspeetion
Of tho trnilsfcr-touk having brcn refused, tho
following letter, latca Sept. es WAS bent to Alr.
DEAR stn: AZ shareholders IN this Company, we
arc anxious to obtain list of tho stockto!atrB Al
s sssists5r;l az Tho eousH Yf tho Company We l.ays
re,srrcd 10 70 yo!, and declines to exhibit The
aetns Sn Il ,ho o qf"s. o
Number u whom wc REPRESENT. a serious dGprc.
ctstlun Of our sccariticst arising az We oclave,
cutcd In direct violation Of tho rights nnd In.
tSrea. ~ Of thS shaIehalders, makes 4 prol'et @
@ a dposn3 s ~ shpfesns hst
On. ,to subject, and Of cooperating. 10.
gether IN aomo movement e arrest =
Wow q communicating Win sae1 and ail Of I'D
a Ell o liz Sompa
bc eood enough 70 instruct tho ttansfef agent 70
givc ~ access t. tue books OF furnish Ns With list
a,!awcr to tho abuve.
Mr.. Vanderbilt replied on Sept. 80, as fol-
lows;
lam ready at all times to perform any of1cial act
ss & tic su ss s'p pnos T
you asate, vory args number Of stockloldets OBJ
}est r shSir tan,s. aeinR generally known q pull:
Clearly defined by the statute.
These gentlemen replied Oct. 4. saying that
they Icprcscnted a ,00o, 900 Of stock, anu asking
Mr. Vanderbilt to lay beforc tho Executive
the required authurity to this transfer-ag cnt,
addtng tllat they bud no intention Of milking
the names Of tho stockholders generally known,
Of publishing them.
ou OHt' u a1&t f4AluGlURL HlVtS HAEh bllak tAG
list could only be given b., ostlcr of the Exec
utiye Committee, md again referred to thu
STATUTE
Mr. Hatch's nflIaavit then says TINT Mr. Van-
lcrbtlt "occnp!es d like position in the Now
pany, tho interests uf which corporation {us ut
present nanagctD are In conflict with md nd
verso to those Of tho Luke altoru Koad:
tllat Mr. Vanderbilt owns nearly two-thris or
10 per cent Of New York Central stock;
that lie owns hut small Interest in tic Lake
Shore Ra,ad. Tie Lake Shore can in no event
derive auy benefit in maintaining this war, hut,
on tho contrary, 1t IL SUFFERING anu must suffer,
irreparable damage thcrcfro. That Atr. VnM-
tlcr6!lt, notwithstanding, is carrying tho
through freight mud pasacngcrs, Transferred
from the New York Central. upon tho Lake
Shorc ut dIsproportinato mud losing rites
III order to encourage and secure tho
through passengers and freight over tho
New York Central Isoad ut prUpuTtfonately high
rates. The Now York Central, by reason IL thIs
unequal and unjust discrimination in Its favor,
receives ul0Ec tlnn Its proportion Of Tho through
rates for freight and passengers wtle the ra-
ceipts fur tho through rates on tho Lake Shore
are eoFrcspondlngly diminished. From tic prot
its arising from this unjust division, New York
Central is enabled to maintain and nay tito rug
uar s per cent annual dividend, hit the Lake
Shore las been forced to cease to pay more tiIan
III, occasional nominal dividend. II furnished
with the names Of the stotklluldcrs, such meas
uTcs will hG taken us will prevent a further de-
probation of thu pr0pIrty anu fOrco the Direct
ors SO to manage tile Company's affairs ~ to
make tho stock once moro IN pcr cent dividend
prytng one."