The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-28
NEW HAVEN DIRECTORS
FAVOR DROPPING SUITS

TFNO OOllO
making about 8 per cent. on their in
vestment. They did so, shutting OF any
chance OF the New York and New Eng
land getting in over the little line.
From that point the jump was TO
June IS, 1895, hen there was official
announcement that New Haven interests
had become purchasers of the New York
and New England. oficial reference
was mad to this at n meeting OF the
New Haven directors on November 5,
1895. when they approved "A list Of men
as directors of the New England Rail-
road Company, successor to the New
York n New England. In this minute
there was the following:
THE president outlined the general
policy which he thought should be
adopted by the company az the owner
OF the controlling interest In the New
England Railroad as to its relations
dealing with that corporation. He ad-
vocated a, liberal policy and advised that
nothing be done to interfere with the
independent actions. operation and de-
velopment Of the New England prop
erty and that as far rs practicable
a company cooperate with the other
In every legitimate way for the mutual
benefit In matters Of traffic, in the 1oiht
use of property In the Joint employment
OF employees at junction points or else
where. and generally 80 to manage the
property as to obtain the best
results In operation for both corpora
tons, as well as the greatest convent
ences and accommodations for tho pa
irons OF each"
There was a little echo OF the Corsair
agreement which had cvme up the day
before and then Mr.. SwackNr turned ia
something else.
Trolley Road Acquired.
Thas was the Meriden. Waterbury and
Connecticut River Railroad. which IA be-
tween Waterbury. Mlddletown. Meriden
| and Cromwell on the Connecticut Rive
|. had been leased by the New York and
View England. President Clark. Vice
! president Hall and other officials of the
New Haven did not think much Of the
little road, but they thought that geo
graphically II belonged to the New
Haven, 80 a. Heaton Robertson. ex-
Judge, "a lawyer of Hartford, bought
~ IN NJ n foreclosure sale. Edward ID
Robbins vas attorney for the trustee
VINO made the sale. The New Havef
paid whatever there was 10 be aid and
n letter was put in evidence from Vice
President Hall to Mr.. Robbins to thai
effect.
please inform ME a. once IN whose
name the check for the Meriden. Water
bury and Connecticut River Railroad
In to be made" wrote Mr.. Hall to Mr.
Robbins on May 20. 1895. Judge Rob
ertson wishes to know Should 1t BE-
made to you ss attorney? l y th'
confirmation OF the sale will be merel,
a matter OF form. which will take "A little
time. We should like to have IT ar
ranged 80 that the check in payment
may not be publicly disclosed. l do no
see why the check ann he passed
directly to you by Judge Robertson
without any one seeing II. | suppose
II you said 10 the court that you ha'
received the check, that would be a pay
inent in court sufficient to satisfy thu
statute. We ave special reasons II
regard to this arrangement about pay
ment which l will e.piain to you u!
soon as get an opportunity.
Judge Robertson still had the roat
the following year. for Mr.. Hall wrot'
hoping that the bill authorizing tn,
New Haven to take IL over had passed
III o want my assistance from gu
people please advise me-" he added
land we will try to ga, in some quie
work with the committee In an!
event the New Haven voted 10 take tn,
little road over on September 10. Tn
road Is about twenty miles long and l
now operated partly by steam and partl!
by electricity.
Rrandeis suits Brought Up.
Then followed an incursion into tn
famous Goldsmith action against the Net
York and New England to enjoin II fror
paying dividends on It's preferred stoci
The action was backed by Austin CorblI
ancient enemy OF y. \. Mcleod, the
controlling factor of the New Englan
road. This move brought before tn
court the name OF Louis ID, Brandeis q
Boston. counsel FOR Mr.. Goldsmith, an
before he was through with II the Bos
ton lawyer had brought five differer
suits. II is alleged by the Governmer
that when Mr.. Corbin got ready to gu
the New Hayen directors stepped in bs
hind Mr.. Goldsmith in order further ,
harass the railroad which they wante
to acquire.
Mr.. Brandeis testified at length in
New Haven investigation OF 1898, an
II was all read yesterday. Immediatel
thereafter Mr.. Swacker ~ntroduced
letter In evidence in which, under dat
Of January %. 1898. Lucius Tuttle. vii
lam Rockefeller, J. u. Morgan an
Charles +, CLARK write TO Mr.. Corbi
that they will indemnify any person VIII
puts up a bond to pay any costs n!
sessed against Mr.. Goldsmith.
They took ZIP the New York and Ne
England again in order TO stralghte
out how much traffic the New Englan
got after II was taken over, and NJ
J Mellen said II continued to carry abo,
what 1t had before, a proportion OF 4
per cent of the entire traffic to 55 y,
cent. for the other New Haven line
} Mr.. Swacker asked IL the Nanderbi
family was not among the holders
this minority stock. Mr.. Mellen said
} was generally supposed 1t was.
The days proceedings ended with "
fling of a voluminous objection by Il
defence to the introduction OF all irrel
, want matter in the shape OF documer
, by which II was sought to prove a col
spiracy by the defendants from the ac
OF Mr.. Mellen and others.
;. VAR AIDS NEW HAVEN.
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