The Montgomery advertiser., 1903-05-30
COMPLAINT IS FILED BY
 STOCKHOLDERS OF RAILWAY

Also for the statement of an account between the Montgomery Traction Com pany and J. G. White & Co. and to re- quire J. G. White & Co. in the settlement to pay the Montgomery Traction Com pany the subscription amounting to $224,- svJ to the capital stock of the Montgom- cry Traction Company"
 Allegations of BiI1.
 The bill of complaint ayers that accord ing to the contract with J. c. White X Co. that company was to be given certain stock in the Montgomery Traction Com pany in consideration of construction work and equipment; that all work agreed to be performed by J. c. White & Co. will not cost over $243.00o and that J. G. White & CO. are now holding stock and bonds to the value of $624,o0O; that J. c. White & Go. has not paid for stock held by them.
 Further 1t is contended by the peti- tioner that the books of the Montgomery Traction Company. including the stock book and minute books of the stockhoid- CTS and Board of Directors, have been taken from Montgomery to New York and are held in the possession of J. G. White & Co., and that if J. G. White eS Go. is not restrained they will proceed to execute bonds for delivery to themselves
 The Montgomery Traction Company. It is recited Is willing to pay reasonapie compensation to J. c. White x Co. TOT work performed which petitioners do not believe will exceed $225,0Oo.
 Finally the court is asked to restrain I. G. White & Go. from issuing ponos purporting to be bonds of the Montgom- cry Traction Company and also to en1oin G White & CO. from issuing stock to or from J. G. White & Co., to the Mont Tsra rtton (SOmDany,
 Prays for Reference.
 The court is asked to order reference to ascertain the fair and reasonable cost of work done by J. G. White & Co.,; to ascertain the number of shares Of capi- tal stock for which certificates have been issued by the Montgomery Traction Com many to J, G. White & Co.,, or any per son designated by J. c. White & Co.,; to ascertain the number and amount or par value of bonds. if any, which have been issued by the Montgomery Traction Com- pany to J. c. White & Co.,. or any person in its name: what, If anything, J. G White & Co has paid to the Montgomery Traction Company on account of stock issued to J. c. White & Co.,: what, if anything, has been paid to the Montgom- cry Traction Company on account of bonds issued by the Montgomery Trac- ton Company; to ascertain the amount J. G. White & Go. is liable on account of its subscription for shares of capital stock of the Montgomery Traction Com- pany ,and the amount remaining due by J. q. White & Go.
 Finally, the court is asked to render a decree ordering that 2.243 shares of stock be surrendered by J. q. White & Co.,. and cancelled or require them to pay for the same.
 The bill goes at length into the business affairs of the Montgomery Traction Com- pany It shows that the largest stock holders are J. c. White & Co.,, B. l., Holt, W. F. Vandiver and w. B. Da- vidson as Trustee. Numerous persons who are alleged to be employees of J. G. White & Go. are stockholders. Among these are R. E. Steiner and E. A. Ora ham of Montgomery, and W. J. Mauk. a stenograpner in the of1ce of Steiner & Graham. They hold one share each.
 The answer to the bill will probably be | filed within a few days.