New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-28
COMMISSIONER QUIZzEs WITNESS.

Commissioner Clements-In regard to the North
you say. and stiII adhere 70 IT, that XqG Were
moral or otherwise and that you could sell it
one person as well as 10 anotherE -., MA,
we felt equally morally compelled TO give the Union
an opportunity 10 buy II at practically what -
Commissioner CIements-why did you have that
Mr. Knhn-Because ut that time we d.
rectors of the Union Pacific and We naturally bad
20 maintain due allegiance 20 them and We felt
t tn any yEG Trdad must FIRST be given 20 the Union
Pacific Secondly because IN StaTIins our Nortn-
would and should offer II to the Union Pacific
US in the start OF those purchases and thought il
oraIiv bopnd 10 ofyer n 10 the Union Pacid, Bi1t
in the Illinois Central we were absolutely free.
Commissioner Clements-In the Northern Pacific
case you Were 10 certain extent on both sides Of
Mr. Kain-To a certain extent. although we did
not vote on the matter when It came before the
Commissioner Clements-Wen. that 4 mere
matter OF form; there were enough votes without
yours and you approved H. You co-operated with
Mr. Kahn-But those boards might have been
favorable, and We might have had that stock left
Commissioner C1crrents-Rut. as a matter OF fact
there was no such difhcuity? 49,. ,,.,.. ma.
made over sGOO0oc OG out Of IT.
w II. MOORE TEsTIFIEs.
W. II. Moore. director OF the Rock Island.
replaced Mr.. Kahn on the stand. He asked
to identify a contract made between Messrs.
Hartman. Schifr stilIman and Judge r. I.
Lovett on the side, and the witness and his
associates on the other. whereby the former par
ties turned over to the witness and his asso-
ciates the control of the Chicago & Alton road.
Mr.. Moore told of the extent Of the two roads
and also said he knew of no Chicago & Alton
train service abandoned by the Rock Island ex-
cept that II had been at one time anticipated to
use the Chicago Alton between Kansas City
and ST. Louis, but 1t had never been put into
effect. While the board of directors OF the Chi
cago & Alton had been changed yearly. there
had never been any change in the executive on
GERS of the road or its management. Neither he
nor any OF his associates, the witness said were
in any way personally interested in the stock OF
the Chicago & Alton held by the Rock Island
did Mr. Moore know Of any other contracts
/ In existence relative to the control OF the Chi
cago & Alton by the Rock Island. other than
the two he was asked to identify known as the
first and supplemental controls
DANIEL REID FOLLOWS MIR. MOORE
Daniel Reid, another member of tha Rocls
Island board. corroborated tho previous VT, =
ness. He said also that neither he nor his assn
ciates had any personal interest in the 100 600
shales OF chicago n Alton stock held by the
Rock Island
c. W. Hiuard controller Of the Rock Island
was then called lie first asked when the
Rock Island obtained control Of the Chicago q
Alton. The witness said he did not understand
that the Rock Island ever got control OF the
Chicago & Alton. but that on October 10 last thu
Rock Island was enabled to elect a majority M
the Chicago & Atoms board OF directors up5ar
the agreement identified by Judge Moore When
he came into control of the road as controller
Mr.. billiard said he found the Chicago & Alton
had the construction OF Cut H." Of thirty
four miles. at Miles. III. He had not found suf
hcient cash to complete the road. He also found
ne said about thirty-four miles had already
been mortgaged, and the only way to raise ad-
d't'onai money was by second mortgage on
the property, poor security
afr. Kellogg. who resumed the examination .,