New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-21
TWO NEW MERGER SUITS.
BLOCK TO-DAY'S MEETING.l
Orders Granted in Trenton and the,
Supreme Court Here.

Suit has been begun in the Circuit Court OF
the United States for the District OF New-Jersey.
it was learned late last night. against thu
Northern Securities Company by Edward H
Hartman and WinsIow s. Pierce. the oregon
Short Line Railroad Company and the Equt-
table Trust Company CO New-TOrh. trustee un-1
der the Oregon Short Line participating mort
gage. TO restrain the Northern Securities Com
pany from carrying out the plan adopted by It's
directors on March 90 for the distribution OF tbs
stocks OF the Northern Pacific and Great North
ern Railway companies held IN the treasury OF
the defendant company The allegations in thu
case as recited in the bill Of complaint. c2LsrI
substantially the same ground as that on which
was based the intervention suit In the United
States Circuit Court for the District Of Mime
sofa which was decided on Tuesday adversely
70 the Hartman interests.
Judge Kirkpatrick yesterday. at Trenton. Is
sued temporary order restraint : the carry
,ne,out OF the plan OF distribution The cours
has fixed next Monday. April %. at II a. NIL
I'm Trenton. for the hearing OF the motion TO-
make the Injunction permanent 1t is said tnas
this Injunction Will operate TO prevent the pro-
posed meeting of stockholders OF the Northern
Securities Company called for this morning IN
Foboken 10 vote upon the Northern Securities
directors plan Of distribution OF the treasury
stock.
III.
action I'm opposition 20 the Northern Securities
Man S,1f0e as bondholders Of the oregon ShOrr
Line .,.-v obtained from Justice OF the SUI
rrsr7a ,~t i'm this city an order. returnable this
morning. recurring Messrs- Hartman and Pierce
as trustees OF tE- Short Line. to show cause
why thev should not refuse to accept the North
err Pacff, and Great Northern stock TO be dls-
trtbrtad 10 them under the Hill plan Copies OF
the order we're served upon counsel FOR MI Hsr-
rir,ar and also upon the officers Of the North
ern Securities Company
&, II venner is president OF the Continental
Securities Company. which on April 8. suing a.
Tho ovvrer Of five hundred shares Of Northern
Securities stock. obtained from Vice-Chancellor
r,a-qar I'm Jersey City. an order directing the
Northern Securities Company 70 show cause Why
r. should rot be restrained by injunction from
holding the stockholders meeting set for to-day.
The order was returnable on Monday OF this
week when the viCe-ChanceIlor discharged y.
The new suit Of venner & Co. is not regarded
with any concern by the Northern Securities
interests but is reported TO have caused annoy
orra to the Harriruan-J-uion Pacific party
T. was said by both Hill and Hartman inter
ests Yesterday afternoon that the meeting %
Northern Securities stockholders called ror To-
da, for the purpose OF ratifyinE the plan fo<
distributing pro rata the company's holdings OF
Great Northern and Northern Pacific stocS
,,ct,Id he held as arranged. How late In the day
the decision was reached by the attorneys or
the Hartman interests to seek restraining
order. OF what consideration prevailed In M
ducfuE the apparent change Of policy, could not
be learned last night.