The age-herald., 1900-09-26
A TWO MILLION
 DOLLAR VERDICT
With Nearly a Half Million Oo!-
 lars Added.
THE ELYTON LAND COMPANY
Wm. Halls and the Maryland Trust Company Get Judgment for the Largest Sum in History of
 Alabama Courts

Judge Swayne of the United States Court yesterday rendered judgment against the Elyton Land Company and in favor of William Halls, Jr., and the Maryland Trust Company for s2,4OO,O0O The decision was reached in this case Monday night, but was not handed down for record until yesterday morning.
 Immediately on obtaining this judgment the plaintiffs filed with the probate judge certificate to create a lien on the prop erty of the defendant company.
 This judgment probably involves the largest sum ever recorded In an action ir an Alabama court.
 This is but another chapter in a series of litigations against the Elyton Land Company which have been engaging the courts for the past several years. The first suit was begun by Mrs. Dowdell short ly after the organization of the Elyton Company, successor to the Elyton Land Company. The Elyton Land Company had transferred all of its lands, buildings and assets of whatsoever nature to the Elyson Company, the majority of the stockholders having given their consent to such trans fer.
 Historic Cases
 Mrs. Dowdel held several shares of the Elyton Land Company stock, and as such stockholder filed suit in the City Court of Birmingham seeking to have the transfer set aside, alleging that she had not given her consent to the transfer. After lengthy trial Judge Sharpe, now an asso- ciate justice of the Supreme Court rendered a decision in which he held that the trans or iy, for f. ing stockholders were concerned. This case was compromised.
 Later Thompson and Semmes, holders of divident trust bonds of the Elyton Land Company began suit to recover their bonds
 The Maryland Trust Company, as trustee under the mortgage given by the Elyton Land Company, had the mortgage fore closed and the assets of the Eyton Com pany, successor to the Elyton Land Com pany, sold out William Halls, Jr., bidding them in.
 The Birmingham Realty Company was organized in 1899, and to this company MT. Halls transferred the properties he had purchased.
 Following close upon this Lewis c. Nor ris administrator, instituted suit against the Elyton Land Company, praying the ap- pointment of a receiver and the reversion of all acts relative to the transfer made by the Elyton Land Company. Complain ant alleges that the stockholders whose estate he represented had not consented to the original transfer.
 Tho Present Suit
 The Maryland Trust Company and Will liam Halls, Jr., as holders of the Elyton Land Company bonds, filed suit aainst the Elyton Land Company for s2,400,0o0 debt created by the dividend trust bonds. Plairt- ifs obtained judgment for the amount named. and the Elyton Land Company thereby are subjected to the satisfying of this judgment.
 When this judgment shall have been sat- isfied, whatever assets may remain over and above that amount will go to satisfy the stockholders.
 No statement has been given out as to what further action, if any, will be taken by those who have assailed the validity of the transfer of the Elyton Land Company assets to the Elyton Company and subse- quently to the Birmingham Realty Com