Show ThEY'RE AfTER THE UNION N PACIFIC Directors Asked to Account FOI For Profits From Stock Sales SERVICE ON A SECRETARY Attorney For Stockholders Ex Expects Expects Expects Ex- Ex to Recover Millions I New v York orl March 12 Formal H-Formal Formal demand de do- man mand was serve served on the U Union lon Pacific I directors tod today for an accounting of ol all profits made b by nn any of them or om their agents through the sale of or stocks stock to the Union Pacific Attorney Walstein Wal- Wal steIn of or 19 49 Wall street who represents the stockholders ers making the demand said tonight that he lie expected to re recover recover recover re- re cover for tor the ho Union Pacific about 26 26 Service Ser was ma made e on Alexander Miller IIller secretary of or the company compan at al atlo No lo Broa Broadway wa- wa Mr Mi- h. h Walstein was v an attorn attorney for tor Stuyvesant Fish through all nil the litigation waged by Mr Ir Fish In regard to Illinois Central Union Pacific stockholders whose names are arc signed for tor the formal de demain demand de- de eman e- e man main mand which is a printed document of or three pages are Lewis A. A Stoics Stores of ot Hartford Conn Comm William A. A Arnold of or Conn Comm Albert C C. Bates of or East Granby Cranby Conn and Harr Harry R. R Buck Duck of ot Hartford The first two are lawyers Jawer Bates Is librarIan of the Connecticut State Historical society an and Buck is a n civil engineer Mr h refuses reuss s to state stat how mail matl many slat shares of or stock toc they own O or pr how long JonS' they have been ers er Fists Fish Pi h Not NuL Inlet The These e men man are only a few of ot the Union Pacific shareholders ers who will press this matter said Mr Walstein I r give you nl my word that Stuyvesant Fish is not interested however howe much suspicion nUl may point at him on account account ac no- count of my connection with the Illinois Central The men mess behind this suit mit are among amons- the tho most important Interests in the tho financial world This notice is merely mer formal and we wo expect ex cx- meet the Union Pacific board to ignore It ft Within a n reasonable thaw we shall begin nn an action law a l iI n ou 1 that hat wo we have made mallo a dbr demand for or restitution and that it has been Ignored Our formal notice also serves yes to let tet the Union Pacific c directors direct direct- ors ot'S rs an and stockholders know mow that restitution restitution res res- cannot be eva evaded ed by announcement announcement an an- of ot a n. holding company to take tako over all of the stocks involved I estimate that illegal profits w were re made mado to the extent J of ot Inthe In Inthe Inthe the Illinois Central stock The TIme St. St Jos Joseph ph Grand Island netted somebody somebody some some- bod body of ot profit At least 15 Hi- Hi profit was realized b by the directors by sale to the Union Pacific of stock in the Atchison Baltimore Ohio Chicago Alton St. St Paul Chicago Chicago Chicago Chi Chi- cago Northwestern a and d New ew York i Central I Got Ciot IllsE Ills IllsE E II H. Harriman of or course is believed belIeve believed be be- lIeve to have ma made e the greater part of this profit for tor himself but H. H H H. Rogers an and James are known to have participated Besides there was th the firm of ot Kuhn Loeb Co which made very large profits Members Mem bers of that firm were not directors of ot the Union Pacific but we believe beHove we can show that they were verc acting for directors and we shall shaH endeavor to smoke out the persons who stood behind behind be be- behind hind that firm I guess It l ib Is pretty prett generally known who they ther are This Is 18 not a stock suit movement and has nothing to d do with the stock market We Ye expect man many stockholders era ers now associated with the litigation to Join us It will be pressed to the tIme conclusion regardless of aJl any litigation or of any legislation that may be at at- at tempted |