The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-24

est stage Of efficiency; that It has kept
out Of politics; that It has given imam,
cial aid to settlers along Its line ano
to farmers ALREADY es.aoli .h.in h tn1ae
ings; that, in short, it has been man
AIRED as a railroad Intelligent enough
to perceive that Its future was pouhu
mp in the. prosperity Of ITS ter hanssf
and In farnass With Vi the
people of that territory. 49,
On the announcement OF the PUT
chase by this system OF the HocK1ns
Valley. this newspaper u merge and Il,
Learn the plans q ~. the mieht AFFECT Co.
lunnbus and the state. The disclosure
OF those plans was not made az ina.
time for publication. 1t Is. hoWexel.
not fo1 To, to s 1e..n ao in
nus Of the operating offices OF the
Hocking valley. for the enhancement
Of the local Hooking Valley shops, tSs
the establishment of Columbus as tne
main point between me .s,ln,r
ing ing Of the the Hooking Valley, tor the con.
struction OF direct lines to columbus
from the mines near Ashland; KY; ana
Huntington, w. Va, and for direc.
connectl9ns 70 n cnaraes.o Of Such plans
lii ia manifest te every business man
in Columbus.
Delay Not Serious. ~
THESE plans are now all SUSPENDED.
The delay may not be greater tnan q
month. 1t may extend .n1o th1 .d;Io.
eiaI l. to point out to the people OF
Columbus and the State that the IN
terruption OF these plans VIII pc Cost
Nv to all the property-holders alon :
| the lines of the Hooking valley any any
the Toledo . and IND q Gh, al proport,on ts
any possible danger involved to any
stockholder in either OF the smaliesl
roads. and that the force OF PUBLIC
! opinion should be directed 70 MAKE tn'
Tie Interruption has come In ths
FORM of suit on behalf OF $40 share:
In the Hooking Valley road out 30, o,
| $50. 900 shares. and Of 500 shares ou'
of 10000 in the Toledo ana ONO np, I M
not denied that these shares were
asnu,red for the chief purpose o.
throwing the whole TRANSACTION 'hse
litigation. That may or may no. "
true. But these Things ale u''auo'-
shares out OF $4,000 has been put e
that use; that 1t has. not even peer
that sh tsrs q me- ne s
ers Of these minority interests Will Will
any depreciation Of. value in thels
hnidinrs: ana that the ground upon
w,hich the action at law has beer
hased has been chiefly that some on
n,ipht some time charge that th'
,narger was a violation OF. the anu
trust laws. and so make the hoider!
| Of these LAO shares liable TOT Dam
ages ..,rdr
/ the cases now on trial. II does no
criticize adversely any OF the court
i before whom those cases have pee
| taken. it believes that the COURT
should and will protect the rgnl
i of every stakeholder In every CORPORA
i tion involved. 1t holds, as mrs
tenet Of its political faith, that IN
people unsupported themselves asalhs
any combination of corporations
restraint OF trade; although IN IN
4 latter connection 1t remembers ina
Wade Ellis leading counsel for thes
minority, stockholders, has himself
& while official trustbuster OF the preseu
admipistration--de such extern
8 sions OF railroad systems as who'll
Z proper In law and practice. But IN
News insists that tho fears OF n
clients In these cases jeopardize tn
commercial progress OF this city an
state upon ground that Is unimpres
sive, to say the least; and at cos 5
to the public which IS thousands 9
times greater than any, possible reck
II FINALLY, these facts should also b
{ Understood: 4
Held lrp by Few.
The claimants In the Hooking Vale
~ cages ysprsssnt S4o out Of 10000 O.
=