OCR Text |
Show THE SLIT BEUIV Taneirutibc tonanmmatlon or CblC'EOn Kloekyarda Kale. Ciiicaco, June 13. Tbe anticipated antici-pated suit to prevent the consummation consum-mation of the proposed $20,000,000 sale Of the Union Stockyards to an English syndicate was commenced before Judge Tuley this afternoon. Decidedly sensational charges are made, and the court Is asked tore-move tore-move the present ofHcera of the corporation, cor-poration, appoint a receiver and issue is-sue an injunction restraining the proposed issue of bonds and sale of the plant and stoek. The complainant in the bill Is Frank K. Baker, a dealer at the 1 arls aniLowner of 150 shares of tbe capital stock. He makes the defendants, defen-dants, Nathaniel Thayer, of Boston, the company's president; John 11. Sherman, general manager: George T. Williams, secretary and treasurer; treasu-rer; J. C. Dennison, assistant secre-tar) secre-tar) J and six of the best known railroad rail-road magnates in tbe United States John Newell, Martin Hughitt, J. M. McCulIoch. J. C. McMullin, H. 11. btoue, It. R. Cable an J btuj ve-sant ve-sant Fish, directors of the Union Stockyards and Transit Company. T1IB OT1TEB DEFEDOTS are Hussell Monroe and Richard OIney, promoters of the enterprise to sell the 7ards. The London Contract Con-tract Company, to whom it is proposed pro-posed to make the sal, the Central Trust Company of New York, to whom a mortgage was to be given, and William Cornelius Vanderbilt, John R. Hoxie, of Texas,and James II. Ashley, who, with President Thayer and Manager Sherman, own a majority of the stock. The bill charges that tbe defendants defend-ants aro inspired with the sole Intention Inten-tion of selling tho property for a little over half Its actual value; that they theti propose to depreciate the value of the stock and run tbe property pro-perty value down until It reaches a minimum. Then when the small stockholders are frozen out, the manipulators ma-nipulators Intend to buy the plant and good-will for a mere song. Jlaher asserts that the stock is intrl nilcally nnd actually worth $ J00 per share,wbereaslt Is proposed toiell to the syndicate for $150 per share, of which only $100 Li cash. Among other points made in the UU are that the purchasing com--any, tbe London Contract Company, Com-pany, and the Central Trust Company, Com-pany, are the alien corporatkns,over which tbe courts hero can have no Jurisdiction, and, furthermore, being British corporations, they liave no community of Interest with the Western stockholders, etc Judge Tuley referred the matter to the Mn-krin Chancery fornlirar-ing. fornlirar-ing. tn ' Original Paelfacr. riTTsiiui o.June l? A retention was created iu this portion of Pennsylvania Penn-sylvania todaj by thu drelsion of tliqArmstrong County judge In an original package case. A short time agB Charles Silverman opened an original reckaje store lu Iee!i-burg, Iee!i-burg, a local prohibition town. He acted as agent for a Cincinnati brewing company, and disposed of a large quantity of beer, bmcrman w as promr ly arrested, and the trial came off before Judge Rayburn at Klttannlng today. The temperance people aserted that Silverman violated the law by selling liquor without a license. Also that he roKI to minora anl to men of Intemperate habits. QUtermnu, who had sold only in kegs, half infrclirmd barrels, setup the original package dcri'Ioh in defense, de-fense, and proved that he hai hot sold to minor. Judge- Ra)burn, in his charge to the jury, refused to consider the evidence In regard to violation of tbe local prohibitory law, saying that the question for the jury to decide de-cide was whether the packages were the Identical and unbroken packages shlppcl from Ohio. If so, then bllverman had rt ;icbt to make the sale according to the Supreme Court decision. If lound guilty of selling to minors and intemperate men, thatoffenso would come under the Statu police regulations, for while the btate might not prohibit the sale of original packages, it could protect pro-tect its citizens. The jury acquitted Silverman of the charge of selling without a license li-cense and to minors, but found him guilty of telling to persons of known intemperate habits. Tbeliquor people, peo-ple, who have been in a hopeless minority in Armstrong Countv, are jubilant, and they say that original packages can now flood every town In tbe State, and the high licenses paid by local dealers Is practically money thrown away. Iteiere NtornaA. Bimhiamptov, N. Y., June 18. A severe thunderstorm and cloudburst cloud-burst deluged the villages of Listle and Whltnej's Point and the neighboring country Thursday night. Considerable live stock perished per-ished and many small bridges were swept away. Enropean Peaee. PrsTll, J uno 13. At a meeting of the bnt'fiet committee of tho Austrian Aus-trian delegation toilay, Field Marshal Mar-shal Baron Bauer, minister of war for tbe whole monarchy, stated that the peace of Europe was not secure and therefore a considerablelncrease In the army was necessary. The cost of the increase would amount to from 00,000,000 to 100,000,000 florins. A Apeeial Kea.lon. SlKlMllllLD, Ills., June 13. Governor Fifer has called a special session of the Legislature for July 23rd, to authorize Chicago to issue $5,000,000 In bends In aid of tbe World's Fair. X Xaslrnllou Dividend. Boston-, June 13. The Oregon Railway and Navigation Company declared a dividend of Ii percent, payable July 1st. bold. New York, June 13. One million mil-lion dollars in gold was takeu for shipment to Europe. |