New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-24
srNATOR HILL AS COUNSEL
. uocxING VALLEY SUIT BEGUN.
.crox DUTIES FORsAKEN BY THE Elk
"'' ,,vrxoc WHILE HE ATTENDS TO LAW
r,.-INESS IN THIS CITY.

y
-, y, .he suit brought by the Columbus.
Inc Tarov and Toledo Railway Company TO re-
Hcchns co, ~, II with interest from December 81.
cover - charles Lanier. John W. Ellis. Daniel H.
l'e- EDWARD winslow and Edward d. Aoams'
s'"" .,,;nc the firm Of Wln'low. lnnler Co., oahR-
nr.d brokers. was begun before Judge lhgr"h"'
e" Jury IN the supreme Court yesterday. eharlcs
y" ean appeared as attorney for the pai'n"'
g. 80 nv David q. llill and EIhu koo'' 'osepn
cso.ie General Benjamin ii. BrstOw, hugh h'
H. Ia David Wilcox represented the defendants
Coie ~ mn arrived at the courthouse early and
- ,hroa ghout the day. There was nothing
'. . him except a rather serious ana uneasy iooh'
sv wv" that he was Senator OF the Cnited states
~s.d with the interests OF the millions OIL peoP'e
W.. state ~ New-York. lie opened the case lo'
,sntlGs reciting briefly the facts upon WHICH
.rtion is brought The facts We're simple lie s''a
a.. cas-. bristled with points OF law. In these
H u.ooa officials NAV too often do what they
GAYS -,,h the property OF q railiO,d company, IRE
pHs n the rights OF stockh1lde or bondholders,
sr - thought s-mc check should be placed upon
WV and he hoped the verdict OF the jury would be
,.n inward bringing about that result. Whiie
Sn.kpg senator Hill sat quietly at the lawyers
u" wv. oodng over the law books and the documents
nnsca ,., -, .,,o ,.,nas
a. dIspute concerning the ownership 81 the "'hus
which the action is based was brought mo
,n.rcs last wear, when Congressman James D.
w.. ,roucht suit against stevenson burke. u former
's.,,es,dent Of the railway company to enforce 'hc
aan, connected with the bonds for the bcneht OF
,f opd other stockholders The case was decided
-,nt him. The complaint In the present action
70. forth that on september 10, 1881, the Columbus
uocl,ne VALLEY Railroad Company. the Columbus
"a Toedo Railroad Company and the ONO ana
NV y..Jn,a Railway Company consolidated under
". ama of the Columbus. Hooking Valley and Toledo
a,nav Company the latter assuming al rig"'s
,sy,leres and obligations Of the three compaili'''
~ octo,er l. ISL, the Columbus, HOOKING N"iieS
s Toledo Railway Company Issued l4'ooo ooluS
,r ., COO Zach bearing per cent interest," p"'aoe
ca,amher / 1881 and secured by mortgage eAecu'eu
~, Central Trust Company. Of New-lorA, as
...a OF these bonds $500 were delivered 10 the
,nst comtany for the payment OF outstanding oo''uS'
ra mo,n,ne s 600 bones, valued ut Se Oooooo' were
.,,,ar.a n the trust company to be SOLD, the pro
Ids n be expended In improving Tie rahho"u prop
sr,v The Central Trust Company delivered 10 WINS
law Lanier & Co., us financial agents OF the r'i'
GOV compsny the 5000 bonds to be solo, bei"r'
nscsmber Il, 1882 the firm disposal oil INC poiius'
,rs,v1ns on them $7,035,7l IL. NO part oil 'h'a
,oonav has been paid to the railway company
r. Ao,once alleges that the Central Trust Com
nv q, the order Of the railway company, dehV-
- ,hs bonds 10 stevenson Burke ana othcrs' VINO
va houob4 them from the railway company. IL Is
denied that winslow, IAner 81 Co. received the o'hu
from the trust company, financial agents rn OF n S'
s ne hnn from, Burke and his associates our
inc issl and lsec. The defendants deny ,.at inrS
ever received any mcney on the oonus ''r '"e p'''
tn company , A., ,.,n.9, ora estonnet
from the action BY ressoh Of decision Os the Ooui
nO rowmon Pleas Licking County, Ohio, IN a SUI
brought by the railroad company against BurNe nS
others The rairoad COMPANY lost the cuse. WIN.
Mas referred 10 three referees oil parties agreeing u
he honnd bv their decision. <,., ,,.
Francis Hyde vice-president Of the Central IrmS
con,nanv was on the witness stand in the morning
and the afternoon session was. occupied IN rcaun'
testimony in the Beden case. Inc Trial Will w W"
tinued to-day.