Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1896-03-07
THE PAL0 ALTO IS SAFE
Stanford Estate Not Liable for
Centfa Pacific's Debts,
The OPINION IS BY HARLAN
Cases Also necided, Uphold
ing Lower Courts.

Washington, March 2.-The supreme
| court today decided the Stanford case
in favor OF Mrs. Stanford.
Justice Harlan delivered the opinion
III the Stanford case. lie held that in
| Iividual stockholders Were not liable
for tile government debt Of the Central
Pacific Railway Company. He said the
! congressional a".s- Of 1862, 1864 and 1865
| regarding the Pacific railroads must all
| be regarded as one law a.; the object
| Was to constitute one continuous line,
| congress employing the different rail
| road companies only as instruments.
! Security was given IN a government
| mortgage Of the property OF the rail
| road companies. 1t was, he said, not
| too much to say if ia building the
| Northern Pacific, for instance, each
| stakeholder had been made liable. the
| purpose Of congress to secure &, national
| highway would have been materially
| retarded, and ii was plain that no obli-
| cation was meant to be put on one COM
| nany that was not put on the other.
| Any other construction Woul2 be in
consistent. The decision of the court
below was therefore affirmed
Justice Harlan was particular TO state
that the question whether the stock
holders Of the California company can
be made liable for its debts to the Uni
ted States arising in some other way
than under the Pacific roads or BY the
acceptance of the Unitetd states bonds
in aid Of the construction Of its road is
not involl "a i'll This cas4.
'sNOr are We" be continued, "to de-
eide whether the adoption Of the Cali
fornia corporation. as an instrument OF
the national government IN accomplish
ing q national object, exempted Its
stockholders from liability under the
constitution and laws Of California to
ordinary creditors"
Reference is made in the opinion to
the obligation Of the Pacific roads to
ray United States bonds at maturity,
which obligation the opinion holds, al
for1s "cogent reasons, apart from the
words Of the act Of congress, Why a rule
should not be applied to the st0cllhOld-
ars ef tine Central Pacific Railroad Com
paHE which cOnfessediy can not be ap-
piled to the stockholders Of the Union
Pacific Railroad Company. Both cor
poHations participated in the execution
Of the purposes Of congress-"
"A brief argument is then entered upon
to show that the Central Pacific ac-
ceptel Inc conditions imposed BY the
government and to show that national
aid was necessary to its construction,
thus placing il also in this respect Oh
the same footing as the Union Pacific.
OTHER CASES.
Chief Justice Fuller handed down d
decision in t}e supreme court today in
the ,<oaaies land grant case from south
ern Arizona. ITe did not 60 into the
general merits of the case, but affirmed
the decision Of the court IF private land
claims on the ground that the court
had no Jurisdiction, as the grant act
had been located ut the time Of the
Cfadsaen treaty.
Justice Brewer rendered decision in
the case Of Samuel Marks W. the Uni
ted States and The BannocH Indians, in
volving q claim for indian depreda-
tons The decision involved the con
straction of a part Of the statute Of 1891
concerning depreiations committed hy
Indians 'tin amity with the United
)
the decision Of the court Of claims,
which held that the words ''in amity''
mean a state Of actual peace ana when
Id llostiiries were Id progress. The su-
lreTne court affirmed the decision of the
court below.
JOY At TALO ALTO.
Palo Alto, Cal, March 2.-Ihe news of
The decision Of the Stanford case caused
the widest enthusiasm among the stu
dents at the university. They turned
out on the campus ia large numbers,
cheering wildly, and there vas a great
demonstration tonight. In an ihservi"W
Mrs. Stanford said: "Of course have
never doubted where the right of the
question lay but the decision is nona
the Ie5s gratifying because Of that
What adds to my pleasure is the as5ur-
ance that the people Of California
those Of tbcm at least VINO know the
truth Of the natter-wi!l share my sat
sf,1ction. II is only natural that they
should do 50, however, for the decision
is in their favor rather than in mine.
It Is for them and theirs that the mon
ev saved to the estate is to be applied"
AN INQUIRY AS TO ALABAMA
The Senate Will Look Into Election
Methods.
Washington, March 2.-The senate
committee on privileges and elections,
by a strict party vote, decided today
to report q substitute for ihe resolution
introduced bv Senator Allen asking for