New-York tribune., 1908-02-24
FISH SEES VINDICATlON
CHAIRMAN IN CORNER.
4nssrers Forced by Court VII Shoe
&c. Juggling, He Says.


N which he announced that the suit in Judge Ban
court in Chicago prevent the voting OF ILLINOIS,
Central stock held by Hartman corporations "'''
&c be dismissed forthwith. He expressed dissent 10
the conclusions reached by Judge Ball in dsmsslns
the injunction against the voting Of the Hartman
CENTRALIZED shares and added few remarks In Jus
LITIGATION of his own belief that a continued CON
troll Of the Illinois Central by Hartman wouo
Weld no good TO stockholders of the road or 10
.fe state OF Illinois.
y- risb said thar he was Informed that the
presidenf of a bank in which Mr. Hartman was
srockholder and who associated with MI dar-
rinan in the Chicago & Alton Railroad had deehheo
election the Illinois Central board of directors
Mr.. Fish's statement follows:
On February ?. 1905, Judge Farlin @ Bail, of
the Superior Court of Cook County. Ill. dis
"a. 1907. restraining The Union Pacific Railroad
Company from voting 2el2$a shares ot liitIros ,oe
tenths t2e-5s per cent? of the total capital @ o 0r
10 be elected will expire before an appeal can
be prosecuted 20 the court of last resort IN
the whole Illinois Central board with creatures
As Is three illinois Central directors are elected
annually for terms of four years each: II would d
10 the Union Pacific domination. Under any cir,
currlsfances a final decision in our faNor "ouIo
fore enjoined 10 friends of the Union Pacific; all
OF which transfers would have to be attacked & 9E
additional litigation. in which the proof OF ther
Simulated character would depend upon the elias
T3cifv Of the consciences of the transferrees
i-nder the advice OF counsel. based on these
reasons, my accomplishments ana i IN "uue.
brought TO test the right Of the Union Paclhc 10
the stock owned by the iin3lS CeL'Idl en- th IL
lfrois Central has much az a per cent OF IN ne
entire capital stock been voted The Onlon "a -
-ifc owning 2s SO per cent. has therefore only 10
secure three additional proxies for - per cen. ce.a
ever 81 cast In view OF the house 10 house can
siis sI oxer the tinted states and through
cut the territory served by the l!llhols a.
Railroad by its officers who have brought TO
bear on stockholding employees and Shippers @
every form OF coercion. II as 10 be eNpeo'eu 'AA'
The Union Paciic has announced its intention Of
Tas6npi Of fhe State of New York: John Jacob
Astor. who owns 1eo shares a u fao .. tar ~
with q fourth person as yet unnamed IL was
judicially determined in Judge Balls c3uIt 4 'if1t Ma
Harrfrlan's name in September. 1eD7. for the ob-
a 70 his being the largest stockholder in the com
rany belong and have all along oelonged 10 e ule
f-rjon Pacffic Indeed Mr. Hartman has not
Owned more than 80 since in the summer OF
1895 he sold his large holdings TO the mon Lac'Ic
Peabody nor Robert W. Goeiet. who are also ,l,
Pacific. allowed an nklins OF the Iact 10 oone - -
rba knowledge of any of their colleagues IN lhe
,f,91 rD9s oF he Inion Pacific board was ferreted
by the Interstate Commerce Commission anu
have been directly and credbly informed and
believe that the fourth directoTship was offered 10
the president OF hank in which Mr.. Hartman re,
cerlriv was II he not now a stockhoder- anu
Io aifo BsiTosd Of the stock Of which the Union
PecfFc owns more than one-cuarter. but that I!fs
renfler7an refused TO unable to say
1be+h.T the reasons for his refusal are such as
n-oul6 arulz to o-hers holding similar poSltlons
went into the contest at the sohclIa1loH oi
nam Stockholders who had for many years II
trnsied me with their proxies. and on the aH.
hss bae- "A protect the Illinois central ana my
ov-r large holdings therein Of 1882 shares from
eYpIoirarion by whose acts in otner cor
,,ora-ionc have been denounced after fuIl 11NeH-
tsrs-5or nv officers Of the federal government
and are involved in suits IN the courts neIt IA
Ne1- York in Utah and eise"ner an" ma g.
done my best advise tho sfockhol9eIS OF M
ei-r=erior when Mr.. Hartman and ms asso-
cie+es Shall ~ length he forced to answer the
rneStEons which they have been eVadlnS ioI
YEAR past my contention that the DESTINY OF ne
Illinois Central and ;he interest OF iht ota'f 81
Illinois therein should not he lntruS'ea 10 iiiii
ep5 those selected bv him viii be lustlfe0-
take This opportunity Of thanking tl+ ioIHtI
If rno-e than goo 600 shares of the STOCK OF ih+
hCnored me With their proxies ana 'ieli S'Iltt ~.
denra in This contest submitting 10 anu ll'N
scuueecing in. Judge Balls decision. u" Ooii-
-esr in the courts i closed
rIe-be- 1beg are satisfied with the doctrine ia1d
donn hv Judge RaI he has declared 'iiA' Ioit-
aflrrzd correoraloTis 90 what limos uoliS'c
r.iIroa5 COMBINATIONS are prohibited from DONG
a1lel and competing lines Of railroad conhahlt9
created ny Of Illinois ana t'a' u" Fo'rN
rnl5e- q any Of these companies can complain o.
such holdings until they are actually USED 20 Sup
-ers c3r1reri+ion or TO iniure the corporations
This doctrine puts upon individual stochholoefs d
et-ain IF vigilance and burden OF esi ioh4-F
,-carer than the PRACTICAL human nature or St"'N-
bolIere can stand The histoTt of many Oh me
-- oo-1cra.sons Of the country shows that the
,iro-i+v s+ockholde- has thus far ef1fltieu IN
z,sz7r6e Of high finance to rob him with lnip3tl
and with ease. 70 suppress conlpeaIorS ana ~ ~
ee.-hlisA 4 monopoly by the very means Ni'leN
iava1