| OCR Text |
Show A RAILROAD RECEIVER ASKED. AlleEtinni Attain, t the St. Loul. St 8.B Franuleoo Fil -d at St. Lou Ya.lerriay. ' Sr. Lot is. May aA.fceiitiiin askine for the aripjHMittwirrit5f aecuiver for the htf-Tala Sab Fr&.tsiso.e. ; KailWfty ; compnny:'Wa llotln UiS liuHed States court yesterday- tj,V jluiftvUf & Finki-burg, Finki-burg, represouiiiigeaster'n stoftkholdcrs. 'J'he complaint sets forth that tho Atchison At-chison & St. Louis and the Kansas City & Colorcdo are competitors of the 'Frisco, yet they are owned and' con-controlled con-controlled by the same men, which is contrary to the Missouri statutes; that the Atchison claims a large indebtedness indebted-ness from the 'Frisco, whereas the complainants believe a ttue accounting would show the reverse; that to secure a more complete control of the road by acquiring a greater amount of preferred prefer-red account, the directors propose to issue J.'i.COO.OOO additional preferred pre-ferred stock and an equal amount of bonds. 'Jhe petition prays that the ollicert of tho 'Frisco be restrained re-strained from giving the Santa Fe bonds and from paying all indelntness. Judge Thaver iixed May 21st for a hearing, i and the meeting that was to have been held May lNth to take action on the bond proposition has been adjourned. The Atchison owns 200,000 of the 2W.-5!ii) 2W.-5!ii) shares of 'Frisco slock. General . Attorney Kenna of the 'Frisco says the complainants own less than 1 per cunt of the entire capital stock, and about 1 per cunt of the brst preferred stock. |
