OCR Text |
Show j oo 1TI-T1STSUIT, Supreme Court Orders Dissolution Disso-lution of Coal Companies; Stocks Rise WASHINGTON. April 26. The federal fed-eral government today won Its antitrust anti-trust suit against tho Reading company and affiliated companies in ono of the so-called anthraclto coal cases. By a vote of four to three, the supreme su-preme court sustained the govern ment's charges that the companies violated the "commodities clause" of the Interstate commerce act and ordered or-dered tho dissolution of the companies. Tho Reading and Central of New Jersey railroads, tho court decided, must dispose of stock ownership, respectively, re-spectively, of the Philadelphia and Reading coal and iron company, and tho Lehigh and Wilkesbarre coal company. com-pany. Justice Clarke rendered the decision for the majority, while Chief Justice White, in a minority opinion In which Associate Justices Holmes and Van Dovanter joined, said tho minority was In favor of accepting the opinion of tho ! lower court. |