The times. [volume] (Richmond, Va.) 1890-1903, 1900-01-09
Charges Of Fraud are Made by Ryan's
Attorney.
BRILLIANT ARRAY OF TALENT.
Argument on the Application for an
Injunction Restraining the Sea-
board and Roanoke from Con-
solidating with the Isalcigh
and CASTOR or Other Of
the 5. 4. l.. System.

The legal battle between Thomas +.
RYAN and John Shelton Williams, and
tbers know, as the Williams OF aboard
Syndicate was resumed in open court
in Richmond yesterday, when the hearing
Of the application for an Injunction re-
straininS the Seaboard and Roanoke
Railroad from disposinS OF its stock in
manner looking toward consolidation
with the Raleigh and CASTOR Railroad or
any other of the roads comprised Ill
what is known as the Seaboard system.
The argument was made before Judge
Waddiil of the United States Circuit
Court and will last for another day at
least. The fight a bitter one through.
out and every move WAS closely watched
and contested.
The. following appeared as the counsel
for President John Shelton Williams ana
The Williams syndicate: Judges E j. u.
Cross. of Baltimore; I@sh Il. Watts, OIL
Portsmouth: L. L. Lewis, OIL itlchmono,
General Edgar Allan, of Richmond; Hugh
L. Bond jr., of Baltimore: and w. ".
Henry and L. Randolph Williams, of the
firm Of Henry 6 Williams, OF Richmond-
Mr.. Eyan's interests were i'll the hands
Marbury of Baltimore; D. Lawrence
Groncr, Of Norfolk; and ". h Page, OF
New York. Though they took no active
part in the proceedings. Messrs Lemuel
Ely Quigg andWiliiam *. Ryan, son OF
Mr. Thomas +. Ryan, the petitioner,
were in frequent consultation with the
counsel.
The array of legal talent in the case is
the most formidable that has appeared
at any one time before a lotSl court in
many a day.
FIRST CONTENTION:
The first contention was had when a1r.
Marbury asked that the proceedings OF
the day be conducted as if they We're but
continuance Of the hearing held on
The night OF December 90 1899. postponed
until December 18th, and continued until
this date and that the court bear III mind
that an agreement was entered into At
that time by the counsel that the Sea
board and Roanoke Railroad Company
would take no step toward consolidation
with the Raleigh and CASTOR railroad, or
other railroad. until the application Tor
the Injunction was heard and disposed
OF.
Judge Cross opposed the method and
stated that at the time Of the alleged
agreement the counsel had stated that
no action could be taken until the 10Th
instant when an adjourned meeting of the
Seahoard and Roanoke would be held.
and that this court had no jurisdiction
over the Raleigh and CASTOR.
Mr. Groner insisted that such an agree
ment as stated by AR. Marbury had been
entered into.
Judge Waddill then announced that an
agreement had been made by the coun-
sci that the affairs OF the Seaboard and
Roanoke looking toward consolidation,
would remain in statu quo until TINS
application was disposed of, and that this
was a continuation OF the hearing.
This point being decided, the counsel
for Mr.. Ryan offered two amendments
to the original application for an in
junction. and they then retired for con-
sideration Of the answers filed by the
following persons, in answer TO Mr. Ry-
ans accusations:
John Skeiton Williams. president of the
Scaboard: Leigh r. Watts, Everett St
John. rice-president and general mana
ger of the Seaboard, and those of the Sea-
board and Roanoke Railroad Comnany.
PERPETUAL INJUNCTION ASKED.
After the consultation of the counsel for
Mr.. Ryan, Mr.. Bernard Carter then asked
The privilege TO submit the amendments,
original applications of an Injunction,
asking that the Scaboard and Roanoke be
perpetually restrained from consolidation
Georgia and -AlabaIna or any cf the other
roads mentioned in the original bill.
Mr.. Carter, declared that his client was
entitled 10 q restraining order against
The Seaboard and Roanoke, prohibiting
any consolidation and from The consuIn-
qnaiiou oi the sale OF the stock of the
Raleigh and CASTOR, 10 Middendorf and
Oliver, of Baltimore which was practical
~ the sale of the bonds owned by A1essrs.
Williams and others of whotn Nh AIiddcn
iorf was one, and that owing TO the fact
that they We're directors, was practically
the sale Of The stock by himself to him
SELF and that it undoubtedly part
nf the plan to consolidate the Seaboarn
and Roanoke and the Raleigh and Cas-
Lon.
Mr.. Carter coatendcG though. in the
answer filed by the defendant, that no act
of consolidating or merging OF the capital
stock franchises and property OF the Sea-
board and Roanoke with those of any.
other company, should be allowed
until such consolidation of merg-
ing is approved and authorized
by the Legislature ofsVirginia and of The
stockholders IL some proper provision
is not made by law for the compensation
NJ dissenting stockholders. He thought
shat in view of former action taken by
the Williams syndicate, that coasolida-5
tion was contemplated and that an in
junction. In justice to the interests of his
client. Mr. Ryan. should be granted.
MR. BONDS CLAIM.
Mr.. Hugh L. Bond. Jr.. made reply. He
declared that unless actual fraud was
proved in the sale of the stock of the
Raleigh and CASTOR TO aIiddendorf and
Oliver, Mr.. Ryan had no grounds for.
interference. He denied that the stock
was purchased. as alleged. by Messrs.
Williams and a1iddendorf personally. but.
that It was purchased by corporation
of which Mcssrs. Williams and aIidden-5
dorf we're parties.
Even granting everything that Mr..
Carter says. if ii he true which il isn't.
there is no cast where "a Court OF Equity
lun tnserSkere