Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1907-10-18
FISH GETS AN INJUNCTION
THE ILLINOIS CENTRAL FIGHT is
TAKEN INTO COURT.
Mr.. Hartman and His Backers are
Temporarily Restrained from
Voting 2s6,oo0 Shares of Stock.

Chicago. Ill. Stuyvesant Fish,
through his attorneys, on Monday Sc
cured temporary injunction from
Judge Ball, of the superior court,
which will, If made permanent, re-
strain the voting at the Illinois Cen
trail meeting here Wednesday of 1885,
731 shares of stock of the Illinois
Central Railroad Co. which would 9TH
erwise be voted in the interest of q.
II. Hartman.
The writ is directed against the
Union Pacific Railroad Co., the Rail-
road Securities Company of New Jer-
sey and the Mutual Life Insurance
Company of New York which, COM
bined, hold the above shares of stock.
In addition to the temporary injunc-
tion sought final decree was asked
declaring that the Union Pacific Rail-
road Co. and the Railroad Securities
Co. 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 Central within a
reasonable time.
The petition charges an unlawful
scheme of the Union Pacific Railroad
Co. to control the commerce of the
United States by buying large blocks
of stock in the principal transporta-
ton companies. 1t also sets forth the
facts stated in q recent report of the
Interstate commerce commission in
regard to the transactions of the
Union Pacific Railroad Co. and Il. II.
Hartman 1t sets forth the names of
corporations whose stock the Union
Pacific has bought, among them the
Chicago & Alton and Illinois Central,
Chicago, Milwaukee & st. Paul, and
the Chicago & Northwestern rail-
roads. 1t charges that these four cor
porations own and operate parallel
aud competing lines both in and out
side of Illinois, and that it is unlawful
for the Union Pacific to own and vote
stock in such parallel and competing
lines.
1t is also charged that the acquisi-
tion of the stock of the Illinois Cen
trail by the Union Pacific which took
place in July, 1906, was concealed
from the public and the stockholders
of the Illinois Central, and was first
brought to light by the interstate
commerce commission. 1t is alleged
in this connection that up to this day,
not one share of the Illinois Central
SIOCh mas DeeH registered III lHe name
of the Union Pacific, but stands in the
names of the clerks and brokers of
Kuhn, Loeb G. Co.
1t is further charged that in the ef-
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
Railroads Securities Company of New
Jersey, which held as it's only asset
95, 900 shares of Illinois Central stock.
The charge is made that $4,000
shares of Illinois Central stock
belonging to the Railroads Securities
Co. was transferred a few days before
the Illinois Central books closed by
sham transaction, to Z. H. Hartman
and IS officials of the Union Pacific
and Illinois Central, who are under
control of Hartman.
The bill declares that Directors
Peabody, Auchincloss and Vanderbilt,
of the Illinois Central are trustees of
the Mutual Life Insurance Co. and
have conspired with E. H. Hartman
and the Union Pacific Railroad Co. to
aid the Union Pacific in getting con-
troll of the Illinois Central and to that
end, it is declared, they proposed to
vote the $500 shares of stock owned
by the insurance company at the COM
ing election. 1t is claimed that the in
surance company, under the laws of
Illinois, cannot vote stock in the Illi-
nois Central.