Salt Lake Tribune | 1903-08-30 | Page 2 | Blow at a Trust

I BLOW AT A TRUST Missouri AttorneyGeneral Brings Suit Against BoCalled Terminal Termi-nal Combine in St Louis Jefferson City Mo Aug 29 I AttorneyGeneral Crow today struck his first blow at the socalled terminal monopoly mo-nopoly which It Is alleged Is throttling the commerce of St Louie by InstitutIng Institut-ing before the Missouri Supreme court quo warranto proceedings to annul the charter of the St Louis Merchants Bridge Terminal Railway company the Wiggins Ferry company and the St Louis Terminal Railroad association The petition Is of a sweeping character and charges In effect that the railroads centering at St Louis have formed practically a conspiracy to control the uterles of trade throughout the MimIc cippi valley The aggregate wealth of the railroad companies compo lng the socalled terminal combine and holding therein a Joint proprietor Interest is computed at 3300000000 The quo warranto proceedings Instituted Insti-tuted Is a movement against an organization organi-zation representing a financial merger on a scale approaching that of the I Northern Securities company The petition pe-tition sets forth briefly that the terminal termi-nal association and Its constituent companies com-panies have a monopoly on St Louis I freight crossing the Mississippi river controlling every available St Louis entrance both on Incoming and outgoing freight The companies whoso consolidation led to the present terminal combine are 4 set forth In the petition an follows St Louis Bridge company Tunnel Railroad of St Louis Union Railway and Transit Tran-sit company Terminal Association of St Louie Merchants Bridge Railway company com-pany and the Wiggins Ferry company The officials of every corporation embraced em-braced In the membership of the terminal termi-nal companies will be cited us witnesses If service can be secured the deposition oC J P Morgan will be taken at New York City Morgan is to be cited in Connection with the circular letter la Mjetl by his firm advertising the sale of terminal bonds to a total amount of CoOOOOCWO