Show The Nickle Plate FIght CLEVELAND 0 September t4The trial of the great threecornered Ni kle Plate foreclosure suit was begqn in the 1 Commons Pleas Court here1 day A million dollarsare irrvolved in the case The validity of the first mortgage bonds amount ng to 15000000 representedby the Central Trust Company of New York IS attacked by the various de fendant creditors road on the ground that the Nickle Plate Railroad which claims to be a consolidatea corporation composed of five separate corporation never became properly nor lawfully consolidated into such corpoa oo that the facts and conditions of things exis ing did not authorize it that no law authorized the consolidation of the company in this State with the companies com-panies adjoining and that the Alleged corp ration therefore had no power to make the mortgage It h also olaimed by the contestants that the mortgage was fraudulent and that the large amount of bonds secured thereby were issued to members of the syndicate who formed a pool tp construct a road without consideration and that the road never received onethird in value of the amount of the bonds stock and preferred stocks issued to members of said syndicate All chargesare cb trove tro-ve ted on behalf of the bondholders |