Ogden Daily Standard | 1910-01-25 | Page 4 | Colonel Wall Suit Begins in Trenton

COLONEL WALL SUIT BEGINS 1NTRENT0N Trenton, N. J., Jan. 21. All today was taken up in the hearing of tho argument of Col Knos A. Wall and Churles W. Graham why the rule recently re-cently secured by them temporarily restraining the Utah Copper company from lnerglug with the Boston Nevada Copper company should not be stricken strick-en from tho files. The merger, it is said, if consum mated, would involve millions of dollars dol-lars and would control about ono-nlnth of the world's output of copper. Messrs Wall and (Jraham. who are stockholders of the Utah company, contend that tho merger would be in violation of tho Sherman anil-trust law, and further contend that the proposed pro-posed consolidation Is a move on tho part of Copper magnates headed by the Guggenheim Interests to gain control con-trol of the copper market. Counsel for the Utah company complains that Graham Is not a bona tide stockholder. Affidavits presented by tho Utah company com-pany yhow that Guggenheim companies compan-ies own about twenty ptr cent of the stock of tho proposed merger. Argument will be continued tomorrow.