Show JILLIONS SHUN mm flola slime djou make their moneys money A BIG SUIT SHIT BEGUN stockholders of the north horth ern e rn pacific sue some former directors tonic sept 14 joba swope of el pennsylvania 0 oje as tha atoA stockholders halde rs of ef tha the Northern pame pacific railroad company on behalf of himiak and other elock li holders ciders haa biu aaa action in tha ie an a prama premo court against henry villard charles L 1 colby colgate hoyl ed win vin B H abbot the he northern pacific railroad thomas isit F oakus hebry floury C rouse and hanry 0 payne its it ors ra and the chicago northern pacific Rail railroad BaIro roal aJ company to compol compel the lodi tid bidual ual defend aLta ts to make a tion cf mi is ia north orn era pi was depriter dep of by means of fraud the COMPI complaint sint alleges leges that villard colby voyt hoy and I 1 abbott in september 1889 owned j land at harrison Harri aon treet street and aad fifth avenue Cn Ch cago CaZO upon noon which wilis was thou then I 1 being constructed a grand central pas station and also controlled the great waseem We ern company bridgeport south chicago railroad EAil road company and the chicago harlem batavia railroad company which operated lines of railed within th a limits of the city of chicago the val value no of the land mentioned and the tha railroad properties is said to h tva ive been in march 1830 1890 swope charges abat these theas four men in september 1889 conspired ts do defraud the northern pacific company by selling to it through themselves as directors all this railroad prop erty and land for or ft a price in 10 access of ua its value so they could coald make an ant nt profit to themselves res pem personally nally in fraud of tho the northern pacific company by this ibis schema they received about for the tha dm pose of diR guising the conspiracy the ho chicago northern pacific railroad company was waa organ had by pillai millaid Vil laid d colby hoyt and abbott in N ov ember 19 89 with a capital stock oi of secured by a mortgage on the tha property pro pirty of iba great western company it is allseed ahat ia X d 4 livered to thour men in questin 1 a I 1 in payment for the different prop properties mentioned and shares of the tha capita stock lock in D the tb three railroads railroad in chicago were assigned to the tha farmers loan and aad trust company as aa trustee villard aud and associates then md mada to themi elvea as owners and la in control of the tha wis consid central COMP company 1317 a lease leasa for ninety nine nina years year of all property of the tha chicago A northern pacific company subject to a lien cf a mirl gaes and other outstanding mortgages mortgage a then tho the wisconsin gentral central company was lemed leased to the northern pacific com jsnr on oa a mortgage for ninety nine nina years tears villard was then chairman of the northern pacific company and two tiro of his associates ere era directors this taia was wa arranged an aa that in addition to a pro profit fit of already realized realized by them in bonds bondi they would be entitled to about one third of the profits to be b derived from the operation of the chicago northern pacific soon loon as an it became aalt z the purpose of the suit is ia to have them restore to the northern pacific or the chicago northern pacific of bonds mind a nd snares anarea of stock for the chicag 0 pro properties procer verties tiei xu an accounting is sought at a fair market value of the DrO property perty at harrison street and fifth avenue chicago also of 01 three chicago railroads and after de due tin narn that railroad raff road that villard colly colby hoyt and A 1 bot abot be b adjudged to deliver to the company all the bonds of the company received by them tam in excess of a fair market value of the property on its faco dalae also an of if the sum of money contributed tri buted by the northern pacific chicago northern arid northern pa baj cefic I 1 and the payment of th the a interest on the in and to pay pa oyer over shares of the capital stock of the chicado t northern pacific derived by them borits for ita par valna |