The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-02-02

year 1901 been operated as one single en-
tire system;
That the management of the said
steamship lines has been amalgamated,
and that the competition formerly exist
ing between the said two railway sys-
TENS. with their steamships. as herein
before set forth. has been destroyed, and
the said Interstate and foreign commerce
which was originally and prior to the
acts herein complained of. the subject OF
competition. has been mOnODOlized in the
hands and under the control of the said
Union Pacific Railroad company and its
subsidiary corporations and its officials;
That each and every Of the acts here
inbefOre complained of we're done and
performed by the said Hartman. Schiff,
Kahn, Stillman and Union Pacific Rail-
road company for the purpose and with
the intent and result of monopolizing
trade and commerce both among the
states and with foreign nations and with
the intent and result of suPpressing and
eliminating all competition between said
companies.
Complainant further AYERS that pursU-
ant to the said conspiracy 50 formed to
restrain trade and commerce among the
several states and with foreign nations.
and of mOnopOlizinS and attempting TO
mOnopoiize the same. and to suppress the
competition therefore existing between
the various railway systems and water
lines hereinbefore described. and for the
purpose of further effectuatng such re-
strant and creating such monopoly. the
said defendants, Hartman, Schiff. Kahn
Stillman, the Union Pacific Railroad
company, and other parties to complain
ant unknown. did. i'm the spring of 1901,
also cause the said Union Pacific Rail-
road company to acquire majority Cr
the stock of said Northern Pacific Rail
way company, meaning and intending
thereby TO destroy the competition there
tofOre existing between said Northern
Pacific Railway system and said Union
NNaaeN 4
the latter and the lines of the Chicago
Burlington Quincy Railway company
hereinbefOre described;
That the said purchase of stock was
made in form by said oregon Short Line
Railroad company. but said company act
ed al the instance of said Union Pacific
Railroad company and said other parties
and the money employed i'm said purchase
was furnished by the said Union Pacific
Railroad company. and said purchase was
made solely for the purpose of suppress
ing competition. restraining trade aud
creating monopoly pursuant to the con-
spiTacy hereinbefOre alleged
That after the acquisition of said stock
of the said Northern Pacific Railway
company there was formed under the
laws of the state of New Jersey coTpo-
ration called the Northern Securities
company. which latter corporation was
organized for the purpose, among other
things. of taking over as a holding COM
pany. majority OF all the stock of said
Northern Pacific Railway company and
said Great Northern Railway company.
That, acting in unison and harmony
with the parties promoting said Northern
Securities company, the defendants. Har-
riman Schiff. Kahn, Stilman and the
Union Pacific Railroad company and
their associates, caused said Oregon
Short Line Railroad company to sell to
said Northern Securities company all of
the stock in said Northern Pacific COM
pany so acquired, amounting to $37. 100
par value OF the common stock and 81
0S5 900 par value of the preferred stock
out of q total issue of S155, 900 par value
and said Oregon short line Railroad
company received from said Northern See
Continued on Page 10.