The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1907-10-15
TO :V.JOlN
HARTMAN.
ILLINOIS COURT ASKED FOR IN
JUNCTION PREVENTING vor-
ING or STOCK
FISH SCORES POINT
Former President of Illinois Central
Railroad Alleges That Conspiracy
Has Been Formed to Operate the
illinois Central Railroad in Interest
Of Union Pacific.
(By Associated Press.)

~ Y gSAS0SSbNA@A
Chicago, Oct 14-Stuyvesan Fish's
attorneys today secured a temporary
INDUCTION which, If made permanent,
will restrain the voting at the Illinois
Central meeting Wednesday of 1885,
731 shares of stock of the Illinois Cen
trail railroad company, which would
otherwise be voted in the interest OF
e. H. Hartman The writ is directed
the Railroad Securities company of
New Jersey and the Mutual Life In
surance company Of New York, which
combined own the above shares of
stock
In addition to the temporary in
junction sought final decree was
asked for declaring the Union Pacific
railroad company and the Railroad
Securities company have no power
under the law of Illinios to own stock
in the Illinois Central railroad It
was also asked that each company
be directed to sell it's stock in the
Illinois Central Railroad company
within reasonable 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 prominent railroad
companies and sets forth the names
of corporations whose stock, it is
claimed the Union Pacific has bought,
among the number being the Chicago
Alton, the Illinois Central, the Chica-
go Milwaukee & st. Paul and Chicago
Northwestern railroad 1t charges
that these companies own and operate
parallel and competing lines both in
and outside Of the state of Illinois
and that it is unlawful for the Union
Pacific company to own and vote
stock of parallel and competing lines.
1t is further charged that in the eff
fort to get large percentage of the
stock of the Illinois Central railroad
the Union Pacific railroad company
violated it's charter by buying the
stock of the Railroad Secudities com
pany of New Jersey, which held as its
only assets $4,000 shares of Illinois
Central stock
The charge is made that $4,000
shares of Illinois Central stock, be.
longing to the Railroad Securities
company was transferred few
days before the Illinois Central
books closed by a sham transaction te
2. II. Hartman and Is officials Of the
Union Pacific and Illinois Central
railroads, and under the control ot
Mr.. Hartman. The bill declares that
Directors Peabody and Vanderbilt oi
the Illinois Central railroad are trus
tees Of the Mutual Life Insurance
company and have combined and con
spired with Mr.. Hartman and the
Union Pacific Railroad company to ait
the Union Pacific in getting contro
of the Illinois Central railroad and tina
end it is declared that it is proposed
to vote the 5000 shares Of stock, own
ed by the insurance company at The
coming election.
1t is claimed that the insurance com
pany under the laws OF Illinois canno
vote it's stock at the Illionis Centra
meeting 1T is set forth in the peti
tion that the object and purpose of th,
Union Pacific Railroad company is t,
perpetuate its control Of the diree
tory of the illinois Central railroad, il
which by law all the corporate power
of the Illinois Central railroad ar
vested, so as to have the road operat
Ssh ed as a feeder to the Union Pacifi
railroad at it's connection at Counci
Bluffs and at New Orleans by mean
of the Southern Pacific railroad Whic
the petition declares the Union Pacifi
controls absolutely.
1t is claimed that under the law
and public policy of Illinois neithe
the Union Pacific nor the Railroa
Securities company, nor the Mutus
Life Insurance company can own G
vote stock in the Illinois Central raj
road company.
It is believed that The attorneys e
Mr.. Hartman win tomorrow seek Il
dissolution OF the INDUCTION and 1t
not possible to state at the presel
time whether the argument viii /
continued in time to allow Judge Be
to make d decision before the day !
the annual meeting.
Mr. Fish said today after the gran
ing OF the temporary Injunction:
aT have all along been Statistic
with the manner In which things ha,