The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-08-15
THE INJUNCTION REFUSED.
The Middle Georgia and Atlantic Can
Now Be Sold.

The Hearing of the Case Concluded
Last Night-Judge Falligent Refuses
to Grant the Injunction Asked For
by Mr.. Granger in His Petition.
Mr. Granger Has Returned North.
His Efforts to Secure an Injunction
Looked Upon as a Bluff.
The Middle Georgia and North Atlantic
railroad will be sold. Argument in the
case concluded at 7:l5 o'clock last night,
and Judge Falhgant rendered his de-
cislon refusing the injunction asked for
by Mr.. Granger.
The road will probably be sold within a
month. The trustee is required by the
contract TO advertise the property for
twenty days before the sale, and this will
have TO be complied with before it can
take place. The result was as expected
The fact that Mr.. Granger, who sue
ceeded in having the sale stopped by the
proceedings for an injunction, failed to re-
turn to the city, although his presence
was desired by his attorneys to enable
them to substantiate certain statements
he had made to them, was regarded by
those interested in the case as practical
giving up of the fight.
MAY HAVE BEEN A BLUFF.
1t is intimated by the attorneys for the
defendants in their arguments, that Mr..
Changers petition TO the court for an
injunction TO prevent the sale was only a
bluff made in the hopes that the Savan-
nan people would buy his stock in the
Middle Georgia and Atlantic and thus let
him out whole. Having failed in this he
simply threw up the sponge. Mr.
Changers attorneys stated yesterday
that they had received a telegram from
him stating that he had been compelled
TO leave for the north by reason Of press
ing business engagements.
THE CONCLUDING ARGUMENTS.
The concluding arguments in the case
were made Yesterday afternoon, Mr. 5.
B Adams making the argument in be-
half of the Seaboard Company and Mr..
w. L. Clay in behalf of Mr.. Granger.
MIR. Adams vent over the law points in
the case very carefully, showing where
the acts of the directors of the Seaboard
Company had been entirely within the
law, and that there was nothing any
where upon which to found an opinion
that an attempt had been made TO deal
unfairly with any stakeholder, and fur
thermore that, as Mr. Granger had been
made fully aware of all their actions and
acting in conjunction with them, he had
no grounds for complaint, and his petit
ton had no standing in law
NOT KEPT POSTED.
Mr.. Clay made a strong argument for
his client. He contended that his clieut
had not been kept as fully posted of the
actions and intentions of the board of di-
rectors as the other side had claimed
Mr. Clay also claimed that the transfer
OF his stock by Mr.. Granger, of which
qI1cb q & trOnu oOinf had baap r,aGa h. 81,
other side, was only for the purpose of
pledging it as security, and that MIR
Changers ownership Of the stock was es-
tablished by his airdavit to this effect
He claimed that his client had but SEQ
600 in the Middle Georgia and Atlantic
railroad, and that being so largely inter
esJed he was perfectly justified in seeking
to protect his interests as he had done.
THE INJUNCTION REFUSED.
Judge Falligant did not appear to
think, however, that there was sufficient
evidence to support the claims made by
Mr.. Changers attorneys. and accordingly
rendered his decision refusing the iniunc-
tion.
The decision was received with great
satisfaction by the directors of the Sea-
board Company, who have felt considera-
bly, nettled at the charges made against
their manner OF conducting its affairs
by Mr.. Granger. 1t was on
this account that the case was
so fully gone into by the attorneys for
both the SeabOard Company and the
Oglethorpe Savings and Trust Company
In order TO establish in the fullest posi-
BILE manner that there had been nothing
IN the actions of either corporation IN re-
gard TO the Middle Georgia and Atlantic
Railroad Company which could not be
exposed to the light of the law