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Show THE CAS TRUST IS "BUST." The Illinois Statute Blg-cer than tha Monopoly. CniCAGO, Jau. 21. The Chicago gas trust has decided to surrender its charter char-ter and wind up business as soon aa ; possible. This was decided upon at a recent meeting of the directory, but la s"'-w just made public. The anti-trust law, , 7 as expounded in a recent decision of 1, tho Illinois supreme court, showed that the trust could not legally hold the stock of its constituent companies, and the directors were probably further spurred to action by the recent announcement an-nouncement of Attorney-General Hunt that he would begin quo warranto proceedings. pro-ceedings. ' 5 President Billings says an effort will 5 , bo made to organize a new corporatiosv in a form which will comply with the I law. The details are not yet mapped out. In regard to the effect of dissolv- ing the trust on the stock, he thought it could not be hurt any, as it Is based on tho properties of the different companies com-panies in the trust, and the dissolution of the form of trust will not affect it, -In tr.e plan of reorganization it is un- . 1 dei-stood the individual companies will retain their identity. . ' |