The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-10-15
RAILROAD. NEWS.
Fish Makes Formal Charges of
a Big Conspiracy.
Declares Union Pacific Controls
I. G. Through Dummies.
SAYS som COURT SHIT
SAYS so In COURT SUIT
Gets Injunction That Will EN-
barrass Hartman.
other Items of Interest to
Railway People.

Chicago, Oct. 15.-Stuyvesant Fish,
through his attorneys, H. w. Leman
and Frank H Culver of Chicago, and
Edgar H. Farrar of New Orleans. Sc
cured a temporary injunction yesterday
which will, if made permanent, restrain
the voting at the Illinois Central meet
ing of Wednesday of 2S6, 731 shares of
stock of the Illinois Central Railroad
company which would otherwise be
voted in the interests of E. H. Harri-
man.
The writ is directed against the Union
Securities company of New Jersey and
the Mutual Life Insurance company of
New York, which combined hold the
above shares of stock.
Mr.. Fish, accompanied by his attOr-
neys, entered the court room of Judge
Ball of the superior court at O'Clock,
but it was not until two hours after
that time that they were able to secure
the attention of the court and ask for
the issuance of the injunction.
The petition was filed by ex-senator
George F. Edmunds of Vermont John
A. Kasson of Iowa, Stuyvesant Fish of
New York, and William H. Enrich or
Chicago, stockholders of the Illinois
Central, against the corporationists. d.
rectors and stockholders, the Union Pa
cific Railroad company, the Railroad
Securities company, the Mutual Life
Insurance company and a large num-
Der of individuals in whose names, 1t
is claimed, the Union Pacific Railroad
company has placed all Of the stock
which it holds in the Illinois Central
and whose names the Railroad Securi-
ties company has placed $4,000 shares
of it's stock in the Illinois Central In
addition to the temporary injunction
sought, a final decree was asked de-
claring that the Union Pacific Railroad
company and the Railroad Securities
company have no power. under the laws
of Illinois, to own stock in the Illinois
Central. 1t was also asked that these
companies be directed to sell their
stock in the Illinois General within
time.
The petition charges an unlawful
scheme of the Union Pacific Railroad
Company to control the commerce of
the United States by buying large
blocks of stock in the prominent trans
portation companies. 1t also sets forth
the facts stated in a recent report of
the interstate commerce commission In
regard to the transactions of the Union
Pacific Railroad company and E. H.
Hartman.
1t sets forth the names. Of corpora
tions whose stock it is claimed the
Union Pacific has bought among them
the Chicago & Alton. Illinois Central,
the Chicago & Northwestern. 1t charges
that these four companies own and Or
crate parallel and competing lines both
in and outside of the state of Illinois
w
Pacific company to own and vote stock
in such parallel and competing lines.
1t is also charged that the tacqulS1-
ton of the stock of the Illinois Central
by the Union Pacific which took place
in July 1907, was concealed from the
public and the stockholders of the IL
linois Central was first brought to light
by the investiga lions of the interstate
commerce commission. 1t is alleged in
this connection that up to this day not
one share of the Illinois Central stock
has been registered in the name of the
Union Pacific but still stands in the
names of the clerks and brokers Of
kuhne, Loeb 6, Co.
1t is further charged that in the eff
fort to get as large percentage of the
stock of the Illinois Central as possible
the Union Pacific violated its charter
in buying, the stock of the Railroad Sc
curities company of New Jersey, which
held as it's only assets, $4,000 shares OF
Illinois Central stock.
The charge is made that 15,p0O shares
Of Illinois Central stock belonging to
the Railroad Securities company was
a few days before the Illi-
nois Central books closed, by sham
to NE. H. Hartman and IL
officials of the Union Pacific and Illi- |
1ois Central who are under the control |
IF MI. Hartman.
The bill declares that Directors Pea |
body, Auchincloss and Vanderbilt of |
he Illinois Central are trustees of the |
York and have combined and conspired |
With E. H. Hartman and the Union !
Pacific Railroad company to aid the |
Union Pacific in getting control of the |
Illinois Central and to that end, it is |
they propose to vote the $500 |
shares of stock owned by the insurance |
at the coming election. 1t is |
claimed that the insurance company |
1nder the laws of Illinois cannot vote |
stock in the Illinois Central
The bill declares that Directors Harri- |
nan, Peabody and Goe1et of the Illi- |
lois Central are also directors of the |