Evening capital news. (Boise, Idaho) 1901-1927, 1914-06-21
DEMANDING RESTITUTION IN IDAHO.

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Yesterday we spoke of the possibility of restitution of
the immense funds stolen by big Business operators in
the process of lootng the public through the juggling Of
great corporation funds. The remarks called forth
demanding that Patrick Calhoun who personally bene-
flied by the fraudulent handling of San Francisco street
railway affairs, personally return 100000 OF the
amount which it is believed has been traced to him. and
we applied the action there to possibility Of similar
action against Morgan who, it has been shown fraudu
lenty benefited to the extent of millions OF dollars
through the looting of the New Haven.
This sort of thing WILL of course, be regarded
tonary by all the adherents and defenders of the rule
of loot that has characterized much of the business of
the country and we may expect renewal of the howl
about "giving business rest" But the idea will prob
ably find approval from all honest men, whether engaged
in business OF not
In this connection, wish to call attention to
the result of suit recently tried in the Ada county courts
wherein verdict rendered giving personal judg
men against those believed to have personally proed by
OF the exploitation OF Carey act project the
state.
So far as the particular facts in that were con-
celned make no pretense of knowledge but
ing the principle involved do believe the beginning of
revolution has been brought about That principle is
this: Whenever any person is induced to make invest
nent in Carey act project (and the rule would to
hold good in other matters we through false and
leading representations of the agent officer of the
pany exploiting the project action will lie against
such agent officer personally for the loss of such funds
should the project DISASTROUS has been the
of many such projects in this state which had nothing
back of them substantial than mere shoestring
In the referred to the party making the first pay
men for water right upon the alleged misrepresentation
of the agents of the promotion company secured udg
ment for the money together with the interest thereon
from the time the payment made to the time of the
suit.
This is the first time believe, in the history of the
state that such suit has been brought that this prn
cple of law has been invoked 1t will doubtless be re-
garded revolutionary by those who have benefited
who have sought to benefit personally, by hiding them
selves behind corporate existence but it should do
very much toward undoing large amount of injustice al
ready done to innocent setternvesors in this state
do very much in preventing the repetition Of such
unfortunate losses in the future.
We never could why an individual should be al
lowed to practice fraud corruption and escape
sbiity merely because he osensby did it in behalf Of
corporation of which, very often he is the chief
only sockhoder that his victims should be expected
to seek redress from the senseess thing called the
ton which in nearly all such cases. found possess
property or funds.
This principle just invoked understand it, brings
personal responsibility home to the officers and agents
such corporations which should be- seeing that
poratons ARE the senseless things have mentioned
which must rely upon their agents and officers do their
business.