Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1902-11-12
[. & w., A. c. l.,
AND SOUTHERN REPLY.
Answers to Charge of Kentucky
Comm ;ssion-Jur Denied.
Complaint Styled 80 Mere
Fishing BILL"

WASHINGTON. November 11.-several
mora Of the railroads which were made
defendants in the complaint by the Ken
lucky Railroad Commission. charging
merger of interests which threatened to
place the entire Southern territory under
the domination of a single firm. filed their
answers with the Interstate Commerce
Commission to-day. The answers in the
main, like those of the illinois
Central and Texas Pacific, filed yes
terday. deny the allegations The
Louisville and Nashville railroad. however.
goes further, and its answer styles the
complaint as q mere fishing BILL. and
disputes the jurisdiction OF the Inter
State Commerce Commission. The Louis
willie and Nashville's answer says the COM
mission has no right nor title to institute
or prosecute the complaint: has no juris-
diction to require the filing of copies of
contracts. or arrangements with other
common carriers. except such as relate 10
the traffic affected by the Interstate
Commerce act. which. the railroad says,
does not apply to the contracts, arrange
ments, ETC. referred TO in the complaint,
nor jurisdiction to inquire into personal
transactions of individual stockholders,
nor to ascertain whether any particular
ity or any other proportion of the capita!
stock of a railroad The answer denies
that J. P Morgan & Company have &C
CURED control CT a majority OF the LOUIS
VILE and Nashville stock. and saws the
commission has no jurisdiction to inquire
into the motives or objects of any one
selling or purchasing shares. nor "hether
the stock of the Southern is controlled cy
a voting trust with 'torCan & Company
at its head.
=. Z. L. AND -OUTHERN.
The Atlantic-Coast sine railroad admits
contracting with the Morgan Company to
purchase by December 31st next, and that
the Morgan Company has contracted TO
deliver to the Atlantic-Coast Line by that
date. SOC 900 shares of the capital stock OF
the Louisville and Nashville for $50 oN Uvo,
and that the Louisville ard Nashville mas
aSsented thereto.
The Southern Railway Company. the
Southern Railway Company in Kentucky.
and the Southern Railway Company of
Indiana. in joint answer, deny that the
two last named lines are under the man
aremeut" of the Southern. They admit
that about June q, 1900. Morgan and Com
pany and the Southern railway maze an
agreement with practically all OF the
holders of bonds secured on properties
then belonging TO the Louisville. Evans
Vile and ST. Louis Consolidated Railroad
COMPANY. whereby it vas proposed to re-
organize that road and 10 vest It's conuol
in The Southern This plan was followed
l,v a foreclosure sale. 1t is also admitted
that in pursuance Of an agreement. the
Southern, jointlN with the Louisville ana
Nashville has acquired 95,9SS shares OF
The capita, stock of the Chicago, Indian
apclis and louisville Railroad Company.
. \. O. and I. P.
The Cincinnati, New Orleans and IeNas
Pacific not only denies the jurisdiction
al the commission. but submits that there
lis no law of the United States. or OF the
States mentioned in the complaint "hlcn
forbids the same person or firm to hoid
stock in two or more railways.