The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-15

CHICAGO, Oct. l4.-Stuyvesant Fish,
through his attorneys, today secured a
temporary injunction which If made
permanent win restrain voting at the
Illinois Central meeting on Wednesday
of 2S6,73l shares of stock Of the Illinois
Central Which otherwise be voted in the
interest Of Z. II. Hartman. The writ
is directed against the Union Pacific
Railroad, railroad Securities Company
OF New Jersey. and the Mutual Life In
surance Company which combined, held
above shares stock. In addition to the
temporary injunction sought, final de-
cree was asked that the Union Pacific
and Railroad Securities CO.. have no pow
er under the laws Of Illinois to own stock
in Illinois Central. It is also asked that
these companies be directed to sell their
stock within reasonable time.
The petition charges unlawful scheme
of Union Pacific to control the com
merce Of the United States BY buying
large blocks of stock in prominent
transportation companies which own and
opn and operate parallel lines. both in
and outside OF Illinois. 1t is charged
that it is unlawful for the Union Pacific
to own and vote stock in such parallel
and competing lines. 1t i charged that
in an effort to control Illinois Central
that the Union Pacific acquired the
stock of the Railroad Securities Com.
pany whose only asset is $4,000 shares
of Illinois stock. 1t is charged that l5,-
900 shares Of this stock was transferred
to Hartman and is employees of Harri-
man whom he controls by sham tran
saetions Bill declares that Directors
Peabody, Auchinloss and Vanderbilt Of
Illinois Central are trustees OF Mutual
Life Insurance Company and have com
bined and conspired with Hartman anC
Union Pacific to aid the Union in get
ting control Of the Illinois Central ant
to that end propose to vote $500 shares
owned BY the insurance company at thu
company election 1t is claimed that un
der the laws Of insurance Of Illinois, in
surance companies cannot vote stock il
the Illinois Central. 1t is alleged in pc
tition that the object Of the Union i
to perfect and perpetuate its control Q
the directorate of the Illinois Central s,
as to have the Illinois Central operates
to its irreparable damage, as a mer
feeder to the Union Pacific through it
connections at Council Bluffs and at New
Orleans to the Southern Pacific Compan,
which petition alleges the Union Pacifi
controls absolutely.
1t is claimed that under the laws an
public policy Of Illinois neither th
Union Pacific Railroad Securities .
Mutual Life can own and vote stock il
Illinois 1t is believed that Hartman
attorneys tomorrow win seek dissolu
tion of the injunction and it is not pos
sible at this time to state whether argu
ment viii be completed in time to ALLOW
Judge Ball to make a decision before tn
day of the annual meeting.
Fish said today after the granting Q
the temporary injunction that he ha
all along been satisfied with th'
manner in which things are moving. III
says that he never has been obliged t
seek proxies and shall not do SO. N
one, he declares, can foretell the result
0 fthe contest, but that stockholder
both at home and abroad are alive to tn
issue and are send their proxies in b.
hundreds. He says that. be has ever,
confidence in the outcome Of the injunc
tion or other proceedings.