Savannah morning news. [volume] (Savannah) 1868-1887, 1882-12-30
WESTERN UNION.
ufther Proceedings Upon the Hatch
WiIIiams Applications.

NEW YORK, Dec. 29.-The order in tho
case of Rufus Hatch against the Western
Union Telegraph Company has finally
been settled. Counsel appeared before
Judge Arnoux in the Superior Court. and
after some discussion agreed upon the form
of the order. The motion in this case was
Tor renewal Of the original Injunction
Inc order says the motion is granted to
the plalntiff renewing the order obtained
on the 10Th Of March, 1881. so
Iaf as the same related fO a
declaration or payment of anV and all
dividends upon the $15.526,590 of stock of
western Union Telegraph Company. is
sued to the stockholders on January 10
1881, and 1t appearing to the court that
this stock had been issued, except about
400 shares, 1t is ordered that on bonds
being given by the directors or stockhoId-
ers OF the company in the sum of 5000. 900.
to be approved by the Judge of the Su.
perlor Court in this case as we'll as
III the Williams ease. conditioned
that IN the event that it shall be finally
determined by the Court of Appeals that
the distribution of stock was illegal. or
that the stock was void or that the nav
ment OF dividend would be in violation
OF law, the obligatOrs shall pay to the
treasury Of the company SO much
OF sald dividend as shall be paid out
Dy the company on the S15. .596.-
ny shall be at liberty
to pay, dividend on this stock which the
defendant Is unable to separate from the
balance Of the stock Of the corporation.
But III respect to any of the stock which
remains IN the hands of the parties TO
WhOm the shares were originally issued.
anu IN respect to those shares the title to
which - known fc ho 4
parties, and i'll respect to those
shares which are known to be part of said
STOCK, this exemption shall not apDly.
III IS further ordered that the Injunction
against the defendant not to transfer. is
sue or deliver any of said Stock be con-
tlnued as to the four hundred shares now
remaining i'll the hands Of the company
Win liberty to the plaintiff to move here
AFTER If he shall be so advised for an or
der enjoining the defendant from trains
terrlng ON the books of the company anv
certlncates on shares part of said isSue of
STOCK which, has heretofore been deliver
ed by the company.
The order in the suit of William 5. VIII
hams against the Western Union Tele-
graph company and others has also been
settled. IhlS order is substantially the
same as that made several DAYS AGO. with
the exception Of a clause which has been
ADDED TO 1t relating to the bond to be given.
which is the same as in the Hatch case.
The order in the Williams case also ends
with the last clause in the Hatch order.
Judge ArnOuX,in the Superior Court to-
day, rendered his decision upon the mo-
ton argued before him last week i'm be-
half of the Mutual Union Telegraph Com
pany, to vacate an order granted by Judge
TruaX several weeks ago, upon the petit
ton OF Attorney General Russell, giving
leave to bring suit in the name of the peo-
pie OF the state, on the relation of VIM. IL.
Cameron and JAY Gould. against the Mu
tual Union Telegraph Company, to vacate
the charter Of that corporation. Judge
ArnouX decides to vacate Judge TruaX's
order granting leave to the Attorney Gen
eral to sue. He gives leave to take such
further action as he NAV bn advised