The Oskaloosa herald. (Oskaloosa, Mahaska County, Iowa) 1885-1919, 1902-01-09
BILL Of COMPLAINT.
A1lnnesota's War on Northern Sc
curities Company.

Washington. Jan. s.--Attornev Gen.
eral Wallace B. Douglas, of Minnesota,
hled Tuesday IN the United States su.
preme court the bill Of complaint in
khe case of the state Of Minnesota.
complainant, against the Northern Sc
cuFitaes company, defendant. 1t is a
song document. about 10000 words,
covering 81 pages OF printed matter.
The bin first points out the direct in
ferest the state has in the proposed
consolidation. II still owns more than
S,0u0,000 acres of public land valued at
more than S1s.0Oo.0 and trayersed in
part By the lines OF the Great North
ern and Northern Pacific. If the
merger Is effected these roads will
cease to build spurs into these lands
or compete for their business. The
value Of the lands viii not increase
as Il has under the spur of COMPETE
zion and the state viii lose in the tax
able value Of its property. The lands
VIII not be opened for years and de-
Selopment win be arrested.
Taking up the Northern Securities
company it is set forth that it was or
gained by ]. j. Hin, w. P. Clough,
J. Pierpont Morgan and "other assoc
ciates to the oratrix unknown" who
at The time were continually in con-
ference over means by which the laws
Of Minnesota might be successfully
evaded or avoided, and that it was
so organized solely for the purpose of
ehecting a consolidation of the Great
Northern and Northern Pacific.
EvadinE state Laws.
n furtherance of the plan to evade
the laws Of Minnesota it was agreed
that pending the delivery of the
stock to the Northern Securities
company it should all be turned
over to James ]. Hill or be under
his control. The Northern Securi-
ties company, it is charged, does not
Sntand to purchase this stock, but
simply to issue its own stock in ex
change therefor. For these unlawful
purposes the company is about to
receive, .unles enjoined tberefrom, all
The capital stock of the Great North
crn and Northern Pacific, This, it is
claimed. is part of plan of Hill,
Morgan and their associates, where
by the two systems are to be consol-
idated and placed under the direc-
tion Of one man or board of direc-
tors, through the defendant com
pany, and thus bring about and per-
pefuate monopoly in railway traffic
IN Minnesota and a complete eonsol-
idation of the two systems.
Contrary 20 New Jersey Laws.
It IS alleged that it is the settled
policy of New Jersey to allow the
consolidation OF only such railroads
as are or can be connected to form |
continuous lines and not to permit |
the consolidation Of parallel or com
peting lines. The oratrix, claiming
to have-po other adequate remedy or.l
relief, except rs prayed for IN equity,
asks that the defendant be required
To- show cause why it should not be
enjoined and restrained.
Ftrst-From voting at any meeting of the
stockholders Of the Great Northern and
Northern Pacific the capital OF these COM
sanies and from attending In any manner
iuch meetings
second-From aiding, advising. tnterfer-
ng with, or in any way participating In
ne management Of the two systems.
ThIrd--From permitting any of its OH
ers, agents or servants from acting as
director, officer or employe.
r exercising any control. management or
Erection over the same.
Fourth-From making any arrangements
Ir combinations having for their object
UGH joint control
Fifth-F'rom holding, owning or controll-
ne any Of the stock OF either company,
ne defendant company being required TO
sasxign Or re-transfer all such stock TO
he rerSon from whom II was received, |
akipg IN return its own stock issued in
xchanse therefor. ard meanwhile TO be en-
oined ii all respects III relation 10 said |
took as herein before prayed for.
Slxth-F'rom receiving any more stock
the Two companies IN case IL shall APP
ear that the defendant company has not
et acquired controlling interest in either
ScTenth-~The oratrix prays permission to
mend the complaint IL necessary. ard
rir1 IN other parties, for the purpose OF
wing force and effect 70 any decree Of the
ourf, and asks fhe court TO issue a sub
oena against the defendant company and
e a day for the hearing.
Besides Attorney General Douglas,
4. D. Mum, Of ST. Paul. and George
;. Wilson, Of Minneapolis, are named
= COUNSEL.
supreme Court Accepts Case.
The proceeding in the court was
cry brief Attorney General Doug
IS vas recognized as soon as the
curt was convened and he then
ioyed 'for leave TO file and present
bin Of complaint on the part Of the
tate Of Minnesota against the
orthern Security Company" Chief
nstiee Fuller asked If notice had
cen given to the Securities company
nd being informed in the negative,
lid that there was no rule requiring
lch notice. He added: 1--WE will
axe the papers !"
Mr. Douglass handed in his bin q
,mplainf anu - 3 : ori.i citing au-
iorities The attorney general and
S assistant counsel, Messrs. NJ d.
unn and George P. Wilson then re-
red. The court took the motion I'M
u adyisement as usual in such cases
"a viii give its decision in due
urse of time.