Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-12-22
US. Judge Speedily Rayokss Tenn
porafy Injunction He Granted.
TELEGRAM SETTLED lr
Ionn sko,ton Williams Answers tho
ALLEGATIONS OF Thomas F. Ryan.
Counsel-Raleigh and ea.ton Rail.
road stockholders Approve the
Proposed ConsoIidasion of sea>
board Air Line Properties with
Other Lines.
tBy Telegraph to vIrglnian-Pilot.)

Raleigh, N. c., Dec. 21.-Upon appli.
cation this morning OF attorneys for
Thomas +. Ryan. OF New York, "a
temporary restraining order was Issued
by United States District Judge Thos.
r. Purncll to prevent any action OF the
Raleigh and CASTOR railroad stockhold-
ers looking toward the consolidation
here to-day Of the various lines of the
Seaboard Air Line System.
few hours later Judge Purnell
granted the parties a hearing, and re-
voked the temporary restraining order
IN a written Judgment, as follows:
THE ORDER REVOKED.
'rhe order inadvertently signed this
thereof held to be invalid. In the exer-
else of u sound judicial discretion the
restraining order is refused"
Upon the charge OF MIR. Ryan's coun-
sci that the interests of his client would
be 1rreparably jeopardized by the con-
solidation plans of the Williams syndi-
cate. Judge Watts, general counsel of
the Seaboard Air Line, read the follow
ing dispatch from President John Skel-
ton Williams to Thomas F. Ryan under
date of December 18th:
MIR. WILLIAMS HEARD FROM.
we have already submitted all the
offers, suggestions and PROPOSITIONS
that any fair-niinded man could reas-
onably desire, including propositions
FOR the arbitration by court or disinter-
csted persons OF the differences between
us, and we have nothing further to pro-
pose. Our efforts to secure peaceuhle
solution of the questions have been in
no way reciprocated by you, but you
nave appeared to be determined to
place In the way of this great enter
prise. which means so much for this
whole section Of country, every obstacle
Within your power directly and indi-
rectly. AT the solicitation OF yourself,
or your attorneys meetings were post
poned. hoping that an adjustment
might possibly be reached, and your at
torneys have endeavored to make capt.
tai out OF these adjqurnments. by Sc
curing the sending out'of the newspaper
reports intmating that these adjourn
mentS were forced upon lis by your OPP
position. Your attorney visited Il news
paper office in Norfolk Saturday night
and succeeded In having sent out over
the wires q false statement to the effect
that you had held up the meeting,
which was held in Raleigh on Saturday,
by your unexpected opposition,' where
MS our program for Saturdays meeting
was carried out precisely as we had
planned. We have told you frankly
that we intended TO respect all of yet,ls
rights as n stakeholder in this SYSTEM
and to accord to you terms as favora-
bic MS those accorded to any other
stockholder.
IF YOU will Join with lis in an hon
cs. effort 10 work out this proposition
on wise, conservative and equitable
l'ian, you have the opportunity of doing
so. but If your aim is to obstruct, de-
lay ana lnJure, you can go ahead on
your own responsibility.-We are pre-
pared 10 protect TO the fullest and to
promote the interest which we repre-
sent, and you will find out this will be
done. Tn conclusion. l will again re-
mind you OF the statement which YOU
made to me in one of our first inter-
views, to-wit: That 1t was not your in
tention, to use your own language. to
4 ,'sard-bag' the situation, and iC you d ID
not feel warranted in joining us in our
plan of reorganization, that you would
name price on your stock, which your
attorney, Groner. informed me in the
presence Of your attorney, Page, had
averaged you between 90 and 100 T
would also remind you of your request
which you urged upon ME I'm our last
Interview. that I should advise my fell
low members in the Seabcard syndi-
cate to sell out their holdings al two
hundred dollars FER share for Seaboard
given, winch you .SaiO you thought was
81 full price for that stock, and one
which they ought to be only too glad to
realize"
STOCKHOLDERS MEET.
The meeting of the stockholders Of
the Raleigh and CASTOR railroad was
accordingly held at 4 p. M, pursuant
to an adjournment at noon
The purchase OF the preferred and
common stock OF subordinate COM
panies Of the system was reported nv
Vice-President Il. st. John at the prices
paid. and resolution approving and
confirming the same was adopted by
vote of 14,967 shares to JIG.
CONSOLIDATION APPROVED.
The following resolution was also
adopted by the same vote:
Whereas. it is proposed to unite the
railways and properties OF the Seaboard
Air Line System with those of the
South Bound railroad. the Georgia and
Alabama railway and the Florida Cen
trail and Peninsular Railroad Com
pany, thus creating system operating
railroads from Richmond, Va. and
s Portsmouth. Va, through the States of
s Virginia, North Carolina, South Caro-
fina, Georgia and Florida: therefore, be
( 1t
Resolved, by the stockholders OF the
Raleigh and CASTOR Railroad Company,
az ;lSs sg e3ti ~ ~ ~ q