Court approves plan to unmingle Harriman Lines 15
Court approves plan to unmingle Harriman Lines 15 related to Pacific holdings in stock B and C. Read.
01 Jul 1913
Page 1
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Newspaper
Albuquerque Morning Journal
Location
Albuquerque, New Mexico, United States of America
Date
Jul 01, 1913
Page
1
Court approves plan to unmingle Harriman Lines 15 related to Pacific holdings in stock B and C. Read.
In a pivotal ruling the Utah district court orders dissolution of the Union Pacific Southern Pacific merger. The decree outlines stock disposition and calls for public notice and final settlement actions, with the attorney general and rail executives confirming terms.
Finance Committee members seek to exempt mutual life insurance companies from an income tax provision. Neale comments on the tax section while Ogg leads caucus discussions.
A severe heat wave sweeps the Central West region causing widespread prostrations and an untallied number of deaths and illnesses. Officials urge cooling centers as temperatures soar beyond historic highs and residents seek relief.
Gettysburg Pa June 20 Over forty thousand Civil War veterans from North and South gather on the battlefield for a semi centennial celebration. General Sickles receives a great ovation while Virginia Governor Mann and other officials visit the camp.
A June discussion in Whiton weighs a plan for dissolving large corporations under anti trust law. Critics compare it to the Tobacco and Oil dissolutions and argue it frees stockholders to back rival firms, undermining real dissolution and restraint of corp actions.
New York June 30 Judge Levett chairman of the Union Pacific expresses gratification at final approval of the Union Pacific Southern Pacific dissolution plan by the federal court in St Paul. He notes one remaining question about timing and terms for offering Southern Pacific beneficial certificates to be taken up by Union Pacific executive committees soon.
President Wilson plans a three day voyage aboard the yacht Mayflower. Accompanied by Dr Carey Grayson the president seeks rest at Cornish New Hampshire before resuming duties. The trip avoids formal navy welcomes and salutes to ensure quiet travel and privacy during the health focused voyage.
The Senate Finance Committee backed changes to the tariff measure with exemptions for individuals lowered from 4,000 to 3,000 and dependent child provisions debated. Mutual life insurers faced removal from exemptions unless non profit, as allies argued. The full Senate debate continues with votes expected tomorrow and next week.
Reports from Chicago show forty six heat related deaths with many more suffering in the city. The June heat wave spans from Denver to Pittsburgh with temperatures around 100 in Chicago and 102 in Tucson. Hospitals report crowded conditions as doctors and ambulances rush to treat heat prostrations and heat related injuries amid ongoing hot conditions.
President Wilson signed the Indian appropriation bill allocating 11 000 600 for the next fiscal year. The measure includes a Senate amendment validating contracts with Indians regarding tribal funds unless challenged by the secretary of the interior.
Detroit reports describe eleven des in the city with heat and crowding affecting events. The day included official statements about attendance and safety measures as preparations continued for the event.
Roswell N M June 30 Jim Jones about 35 died at his ranch home after supper gunfire sent neighbors and officers in search of the killer Jones had come from San Anveldo to settle on a farm thirty miles west of here Citizens and officers hunted for clues with little progress as night fell The case follows crime reports in the region and marks a violent end at a rural New Mexico property
Los Angeles judge sentences Charles Ercandrath a carpenter to two months in jail for offering Senator Works a $1,000 bribe to aid a Santa Barbara portmastership. Original four month term reduced after a family incident prompted mercy.
A congressional probe into lobby groups and special interests prompted a Senate investigation. The special committee prepared for hearings and planned to question industry figures, including John Kirby Jr of the National Association of Manufacturers, about alleged influence and campaign ties.
Fragmented OCR text reports charges and references to an association and market activity. The readable bits mention Mulmall discharge, nearly wears, and a person named Miva with ties to Ry association. Details are unclear, but the piece hints at charges and legal matters both locally and abroad.
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