Lincoln County times. (Jerome, Idaho) 1911-1919, 1914-04-09
NEUTRALITY-SUSPICIOUS. RAILROAD
Hagerrnan Valley Grade to Edison or
Turtle Tied up In Court
at GOOdinQ.

vs. The Hagerman Valley and West
ern Railway Co. and the Idaho Pa
cific Railway Co.
AT the same time that the com
plaint was filed a lis pendens was
also recorded against the lands upon
which the grade was built.
Mr.. Clark claims that the grade
was attempted to be transferred at
directors meeting OF the first named |
company to the second named com
pany. and that the directors did not |
hold legal meeting; also that Mr. |
II. A. Stroud. who pretends to be a |
director In the ii. V. & w. Ry Co. |
and signed the transfer as vice presi- |
dent, is not director or vice presi-
dent. but Mr.. Clark claims that he is
Mr.. Stroud Is supposed to be direct
Or OF the Idaho-Pacific R'y Co. and
therefore this company knew OF the
claims that Mr.. Clark has against
the grade and against the Hagerman
Valley & w. R'y Co.. which let the
and then because Mr.. Clark's engin-
GERS chose to build the line from
Hagerman To Wendell. the directors
Of the company asked the court to
cancel the contract because a major
ity OF these directors owend large
amount OF stock In the Edison or Lin
coin townsite. 3 miles west OF Wen
dell
Without waiting for a decision OF
the court these townsite directors
commenced TO build the grade. after
letting a second contract to them
selves. TO their town. Mr.. Clark
claims that notes and proceeds OF
| same to the extent OF $4,000 were
taken out OF the Hagerman state
| bank and wrongfully used to build
the grade. These notes. etc. were
left with the bank to be held by It In
trust for the purpose OF building a
| line OF railway to such a point on
the o. S. l.. Ry as Major Calhoun.
.. +. and NJ. f.. of Buffalo, N. Y.
| -hould determine. This consulting
engineer reported In favor OF Wen
lell and against Edison In December
1910. and this brough about all the
trouble.
Mr.. Clark claims that the company
agreed to pay for surveys and other
expenses which he states is now due
him to the extent OF over $4,000
As II is claimed that the company
is insolvent. Mr.. Clark requests the
II is also claimed that IL would be
necessary to procure the ratification
OF the shareholders when attempting
20 transfer all OF the assets OF the
company. especially when this trans
fer was for the express purpose OF
avoiding paying the debts OF tn,
, company.
II is claimed that on December II
1912. Judge Walters handed down {
decision In which he refused to can
; eel the contract let to Mr. Clark ant
, refused many other requests of thes,
:ownsite directors. Since this tim,
he company has refused to compl,
I with this decision and Mr.. Clark nov
axes this action.
= 1t is said that prominent capital
lists have recently been over tn
+ ground with Mr.. Clark between Hag
@ erm8n and Wendell. with view L
e building the line and these men ar
: expected to return soon.
1t is claimed by Mr.. Clark that be
fore the aforesaid court decision wa
handed down and which dissolve
: an injunction procured against hir
J. by the rival townsite faction. tn
II new government at Washington wa
n proposing to revolutionize the cul
= rency and banking laws of the cour
= try In such a way that until this que'
.s ton was finally settled all financi;
n interests took waiting attitude an
no new construction could be carrie
s on. This new act, which is consi,
T. cred on the whole as very good on
,e came into effect on April 1st and
" looks as though business would SOC
g assume normal conditions especial
,e II the Interstate Commerce Commi
ly sion grant the very reasonable r
Sc quest OF the eastern railways for {
D. Increase In freight rates to the e
id tent OF five per cent. Many commu
g. tiles are suffering from lack OF tran
~. portation but during the past fe
an years there has been such crusa
al against the railways that financi
aid has been withdrawn and maj
X railways cannot get enough money
ee repair their lines so that 1t is sa
ie- for the public to travel upon the
H. Some years ago some OF the railw
ge companies deserved to be attacke
de but so much OF the hostility was u
reasonable that transportation h
,se reached a chaotic condition throue
III.