The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-04-04

ties company at the meeting further re-
solved that circular or notice should
be forthwith sent to the stockholders OF
the Northern Securities company explain
ing in detail the proposed plan OF dis
tributiOn. and thereupOn such circular or
notlee was Immediately sent TO the
stockholders.
Anxious to Exchange.
Your petitioners are prepared. able
and willing and hereby offer 10 restore to
the said Northern Securities company all
the original certificates OF stocks of the
securities company 50 received by Harri-
man and Pierce, and 70 repay the money
paid them BY or on behalf of the said
Northern Securities company in such sum
as The court shall fix in restoration Of
the status quo in exchange for and upon
Northern Pacific Railway company so
exchanged, and the common stock Of
SAID railway company representing the
preferred stock converted
Ienth-As your petitioners are IN
formed, and believe. and aver. such plan
Of distribution adopted by the board OF
pany. il contaminated would vest a ma
gority of the stock OF both the Great
Northern and the Northern Pacific rail-
ways IN the same individual STOCKHOLM
ers of the Great Northern company. who
originally cO-Operated in the promotion
and organization Of the Northern Secu-
Grating and acting in concert and COM
bination, and would continue the COM
mon management and direction of said
two competing railway companies and
render the decree of this court Intellectual
and defeat or evade its true intent and
purposes;
Only Plan of Relief.
Whereof as your petitioners are with
out other relief in the premises. your pc
titiOners pray that they be granted leave
TO file this petition in said suit TO in
terEene therein for the protection of their
rights; that the individual defendants
her nal ny
be required to make full answer in the
premises, but not under oath. which IS
expressly waived. and thereupOn that
your petitioners be permitted in proper
time TO proceed TO a hearing in due form
upon proof ana upon notice. as may he d.
rected by the court. as TO all of the mat
ters alleged in the above etiti0n.
Your petitioners further pray that II
be ordered and adjudged in execution of
the said final decree of this court so
by the supreme court of tie
United States. that the said Northern Sc
curities company return and transfer TO
your petitioners the common stock of the
Northern Pacific Railway company re-
ceiVed from them. and that the common
stock of said railway company into which
the preferred stock Of said railroad COM
panT has been converted as aforesaid
in exchange for It's own stock, ard upon
the payment OF such sum as the court
shall fix in the restoration OF the status
quo.
Your petitioners further pray that.
pending the hearing ana determination
Of the manner in which such decree of
this court shall be executed the defend
ant Northern Securities company be en-
Joined and restrained from distributing
its present holdings of stock of said
Northern Pacific Railway company under
the plan of distribution proposed by il or
otherwise than by return as authorized
by said decree. and that your petitioners
may have all such other or further or
relief as may be just, equitable
and proper"