Show I ELECTRIC COMPANIES COMPANI ES i MERGER DECISION SL St Paul April 17 Judge In Inthe the mho th court of ot appeals today handed down an opinion In the case caie of Morgan Jones appellant versus the Missouri dison company et al ul The Th case cano ca o Involved the of ot all nil elec electric electrIc and power companies of St loul and If tho the statements of or the plaintiffs rife lire true Involves nit nn attempt to tu freeze tre zo out by means of ot alleged ell stork stock manipulation lation some gome of ot the minority stockholders ers arms or from the tho merge The circuit court below b low sustained the demurrer I and tho the decision of Judge today ro 10 Verso verson that decision lon rh The mete it eat t forth mth foi th In ht the tho tip nil I brief f In tit are lre that 7 1 y r N the company a n New J est t Y a 0 Il 1111 9 inan In ti on od lo to oil n II soil Jute cull all II the electric ele to c light and power companies CO 1 In St Louis foul In one company thereby theeb with com cont competition petition The Korth Non ii American v m company COlli pan 1 se so secured P cured shares of ot the tine stock of ot the participating companies and It Is alleged II ld thorn thon began b 11 Il scheme to deprive Jones and a n 1 few rew others of the minority stockholders who owned preferred stork stock of their equity A corporation urns Willi formed forme Common stock tork was bought up 1111 and 1711 the preferred depreciated until It II fell to about 60 O per cent of ot Its par value and ut lit the th same time effort 1111 bring h In made In to Increase the value of tine the common stock fine plaintiffs nl al alIt Uee It this Is IR on nn Injustice tile to hI them their hold holdings ings IIII The demurrer held that the tho pe pI petition petition did ltd trot not suite facts to constitute causes of or action Judge Sanborn practically holds hails that there It Is I basin for tor nn action and while the issue is j suc was WAN not nol exactly the legality of tho the corporation the tho forming of or that merger was wall Ss as legal under tinder the tha Missouri lIs lIlli |