The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-01-09
AN INJUNCTION SECURED
RESTRAINT ONLY TEMPORARY \
HEARING SATURDAY.
BILL FILED BY MINORITY STOCKHOLDERS
Claiming J. Shelton Williams Heads a vet
ing Trust" and That Consolidation
is for His Interest, Not for Stock
holders of Said Roads.
holders of Said Roads.

Macon. Ga, Jan. S.-Judge Emory
Speer. of the United States Circuit court
for the Southern District of Georgia
granted temporary injunction restrain
ing the officers of the Georgia and Ala
bama Railway from consolidating that
with the Florida Central and Peninsular
Railroad, or amy other corporations, on
bill filed by Michael j. Daddy, a minor
ity stock holder. 1t is alleged in the bil
that ]. Slxeton Williams is at the head
of what is called a voting trust" that
controls principally all the stock of the
Georgia and Alabama Railroad ard is
proposing to consolidate that-ROad with
the Florida Central and Peninsular, OF
which he is also president and that the
proposed consolidation with the latter
road is in his interest as well in the inter
est of ether persons associated with him
in the voting trust" and contrary no the
interest of the road and its stockholders.
J. SHELTON Williams. John w hidden
douf and G.. Sidney Shepard are also par
ties defendant and the injunction operates
against them. The bill was presented TO
Judge Speer by Marion Erwin and
JOSEPH NJ. Terrell as counsel for the conn
plainant. Dady'S bill in addition To the
allegations that the proposed consolida
tion is prejudicial to the rights Gf the
stockholders and the road and for the
personal interest of 1.-The voting trust
headed by Mr.. j. SHELTON Wi..iams claims
that the Georgia and Alabama Railway
and the Florida Central and Penin>lIlar
Railroad Company are parallel and conn
peting railroads and under the constitu
ton of. the State of Georgia. their conSQl-
idation is prohibited.
Joseph NJ Terrell of counsel for the
complainant is the attorney general of
the State of Georgia and he is now Off
cialy engaged in prosecuting two salts
i'm the name of the State of Georgia and
by the direction of Governor Gambler 10
prevent such railroad conSOlidat onS
claimed TO be contrary TO the same clause
of the constitution of the State which it
is claimed In this suit before Judge Speer
is about to be violated by the proposed
consolidation of the Georgia and Alaba-
ma and the Florida Central and Peninsll-
lar Railroads.
The bill prays that MeSSrs. wilkins.
NiddendCrf and their associates under
the voting trust" agreement in be en-
Joined from voting the stock they hold
under Une agfeclltenJ Ill 1itNoF u uIle lHV-
posed consolidation and that the rail
roads be enjo;ned from receiving amy vote
under that agreement The allegation is
made in the bill that the Williams Synd-
cate is proposing to get several million
dollars for personal services in carrying
out the consolidation scheme.
After considering the bill Judge Speer
granted the following order:
Read and considered. Let THE defen-
dants named be temporarily enjomed as
prayed until Saturday. the 10Th instant
at which time they are directed to show
cause before me at Macon, Ca, at ten
o'clock a. IN. why the injunction prayed
for should not be granted
The papers were served ON the Off
GERS of the Florida Central and PENN
sular and the Georgia and Alabama
Railroads. in Savannah tonight.