| Show Bailroad Pooling Sustained CLEVELAND March 23Justice Stanley Matthews of the Supreme Court of the has delivered an United States just opinion virtually holding pooling contracts Trust Company tracts legal The Central ot New York brought suit to foreclose bonds of the 2000000 first mortgage Ohio Central Railroad Company The had at the time with latter corporation Val the Baltimore Ohio and Hocking Railroads entered into pooling contracts ley con-tracts and the Ohio Central owed the Valley 50000 under arrange Hocking The Hocking Valley Railroad ments brought in an intervening petition therefore trust tion askihg for that 50000 The Jrus contract said that the pooling Company illegal being in restraint of trade was and void as contrary to public policy The case was referred to Special Master referred Ricks Who by consent of counsel The Justice Matthews ferred it to opinion of Justice Matthews has just been received in this city He sustains the i Hocking Valley road imd directs that it be paid the 50000 |
