The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1889-01-10
THE sTs AZ Trust RNArEN.
The Garter of New York Nsru-
her Declared Forfeited

Nrw YoRE. Jsn. a.-EAs sarregaa can-'
today rendered e 9reislou agaiusf fhe
( saraE tTass sgit was bsolight ay she stats
sssilst tse Nsy'A Rive sugar Refining
grsal5B that & had Nlrsgaily passed pat oi
existence hy seiiiaz sl The s,ock % tac
saSsF t-ss, and closing an is verks
Acton uss bcgla ty AtlafaEy y-ticnegai
FzAor far forfeiture aUd atssnsufiuu ai
chsTIcF On TIE geaGHi tAet ii hea exrcesed
is powers Rn2 franchise IN becezniug e
ueznbsr oi gAc sUgas fIust Julec b8r.
probably the aaost important ever written
gFol The satfect 81 tr2sts aEI mons fa2ills-
The Jaase sammc2cd counsel oi both
NGes before BIN ana tac Jurors, whose
duty . Was e u3ercly formally rcadcg a
res48c3 lu accordance with tRe decision 81
the coart. Defendants coIuscl took cx-
cof;ion 80 the ftiliEg.
%aagc Bar-cii saws. sit 6afs nos require
t1e asfuis n Sd fhat rreparei tais most
original Instrument u pgractVe fhat an
sggreEsfson 81 partnership, Win the dan
geEs resaitiuz frNa1 death and tAe exercise
- individual power, co8la never rfcCt Q
safe sad permanent cohesion Aecozsg-
ugly We aac, as cue Of t&s arst provisions
OF the deed aaa ghe basis ai the sa-caiied
trust. g stricfHso conditioned in substance
tha. fhe par uarsAips saal 81 Dc turned
late cQrposafleDs TAls. ia facl. was nome.
AfA@ AAtf-N -fhttaa 81 astf Atai tfts4 s-Att1ae
were 0rszg SD soy TIE express parpose 81
creating various shares of tie eRpital
stnsk through which thU combination was
70 he formed The partners foo& op q cor
gsarat.on EaFb. alaa Shareholders, and
as such attrd themselves 10 enter cesaal-
aaisoa w5tAin the rorms ~ tae deed.
I4e fu8Ee further saws, "It VIII be seen
that dividends are no, 10 Pc declared OF
distributed rpoa fhe a-gregAte capital
stock ~ the corporations which Is 90 ha
turned ever - AMI held BY tae trustees.
hgs upaI truss rafaltaf-. 1aUs
We have a series az corporations existing
and traBsactiuE business under the FERNS 81
law Nithout real nrHa hershln or genuinely
qualified lirerrion-mcrc abstract Freq
meats ni stEtuioy creation. Etysy share
OF stock has a.elg Frs tlcahv surrendered
and vital membership resigned
Speaking Of the scope of the Cambiua
1ous the judge said; 90 hnt the1 aga
made Tor the gathering In
of eyrry other cN.s,iag refinery aua
in fact four Others have jeiEci she eomh.
nation since the tcad was s.Eata
by the oF.E'na. partnership an3 corpora
tious, aud The eYidence shows
sugar rrfncI.cs ~ the character IN
question remain outside OF the combiua-
ton
The judge discussed al length
The iecai question. "Nns tais
combination of corporations
oe merely a combination OF stock
hul2ers and decides that it was COR
porate combiuatirn, End says This com
binaii0n having asked sud accepted the
factor Of laT, 90 cannot complain
that Is jaksu 10 ta>s for grossly offending
lts letter aud spirit Fortunately. the law
is able % proicct itself against the
abuse of privileges which e
grants. and while further legislation, both
preventative sud disciplinary, may be de-
sired, vet there Is existing plain
law and plain sense enough 10
deal with corporate abuses Ike the present
abuses. which q showed to thrive aud De.
come general, must lneTitah lead 70 the
oppression % their political rights
The Judge says in conclusion: III would
quite unnecessarily beliiilc the dis
cussion OF this momenious quCs
tion % consider ;he miner charges
presented. The peoples Judgment should
rest upon the broad ard main issue. There
Il rests with 4 sense of fitting proportion
aud these q should be left
After the decision was rendered q single
juror who served ON the case gave yer.
dict for the plaintiff, by direction,
sPEECKELs OPPOSES THE svGAR SCHEDULE.
WASHINGTON, Jan. a.--Thls morning
Claus Spreckcis made statement before
the senate committee on finance concern
lag his experiments Ia the manufacture Of
beet sugar In California, Intended as an
argument against the proposed reduction
Of the duty on sugar and the substitution
therefor OF a bounty Of one cent Vuaud
During me hearing 10 was tGtlmatcd that
the committee would insert in The hill
provision making the bouaty OF cent
pound operative until the year isso.