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Show Deeltlea e Blaefe I.labllllr. ClIIL'Auu, Feb. 11. In lha ailperlor Court tu ley Judge Horlon deolded lha 1'aolflu railroad ,-aee, awarding the victory vic-tory lo th atocbholdera. Tb TacUlo railway waa lha i.it Angele aireeioar line in which C. B. Holmee, furoj.r gflieral tuperloleudenl of the Cbloago City Hallway oumpany,waa laigely lu-Urea lu-Urea d.', In mailer waa recently revived In a hill brought by lb ireunoia of lh ucfiinrl rempany lo fori; th alock lliibilily uf aluokboldrrt, lucludlng aixly prumlnent Cbloago butiaaaa men. It la an llila bill that Judge llortuu paated th bttldlng lbt etMk liability oilinot preperly be ufored. Aa lo lli.Uallun of lh liability ol th Uefendaul a ttwckboldera lb court aaltl II waa tba undoralaading bvtwaeu tb delviidaultaud th raclllo oompauy that lha couveyanoe of all the prorty of Ibe California company which they had bjught waa tobeao-oepled tobeao-oepled ae payment lu full of the alock uf lb Paul no company. Ihvpaoiflo company oould not iberafur recover from ItiB dafoudanta on any alock liability. The creditor couli not recover on the ground of contract liability wben lh oorruratlon liaelf could not and the principle upon wblob Ibe oredltor uutl reoover, If bl all, waa that there bad been b miaropreaoauttoa of faol and a fraud aomaulited. Tba burden of prool l fraud, the court aaid, la upon theoiniulainente. Upon lull oouelder alien uf all the teellmouy In Ibe caae, II doea not appear to be eeiabllabed thereby that lhar waa euco Iroud, either aolual or pretuuej, by or en behalf of tbe defendant atocbholdera, atto make them Individually liable for Ibe debta of tbe Paolflo company. II followa that the bill and lutetvealug petition uf the complalnaot mutt b ditmlaaed for want of equity at agalntl Ik tlonbbold! fur alecg I lability. Tb court bald tb olalmt uf Ik euiuplAlnauta guod aa agaiuat the company. com-pany. Tue aouiplalnauu will Ukeaa apeaaL, |
