Government Drops Bid to Block Union Pacific and Southern Pacific Merger
The U.S. Circuit Court of the Eighth District in St. Louis dismissed the Government’s bid to enjoin Union Pacific from controlling Southern Pacific. Judge Elmer B. Adams wrote the majority opinion with Judge Sanborn and former Judge Van Devanter. Judge Hook dissented. The ruling found no direct and substantial restraint of trade and noted rate parity and improved service since 1901. The decision concludes there was no anti trust violation and the merger did not harm interstate commerce or competition.
MENTIONED IN THIS ARTICLE
ST. Louis
Union Pacific Railroad Company
Southern Pacific Railroad Company
United States Circuit Court of the Eighth District
Elmer B. Adams
Sanborn
Supreme Court
van Devanter
William C. Hook
Salt Lake City
Adams
Standard Oil
United States Supreme Court
Hook
Congress
Union Pacific
United States
Union Pacific Company
Omaha
Ikansas City
Ogden
trans-Continental
Southern Pacific Company
New York
New Orleans
San Francisco
Portland
Southern Pacific
Huntington
Justice van Devanter
Santa Fé
Denver & Rio Grande
History of the Union Pacific merger suit in Utah court
The 1908 federal case centered on an alleged conspiracy to eliminate railroad competition in the trans-Missouri region. Plaintiffs cited Union Pacific, Southern Pacific, Northern Pacific, Santa Fe, and key executives Harriman, Schiff, Kahn, Rogers, Frick, Stillman, and Clark. The government sought injunctions restraining stock votes and board roles amid vast testimony on mergers and stock acquisitions.
MENTIONED IN THIS ARTICLE
Union Pacific
United States
District of Utah
Union Pacific Railroad Company
Oregon Short Line
Oregon Railroad and Navigation Company
Southern Pacific Company
San Pedro
Utah
Colorado
Portland
San Francisco
Montana
Idaho
Washington
China
Japan
Northern Pacific
Northern Securities
Supreme Court
Clark
Messra
Rogers
Frick
Atchison
Harriman
Southern Pacific
Pacific Ocean
Southern California
California
Santa Barbara
Santa Fé
Arizona
el Paso
Texas
Deming
N. M
Central Pacific
Ogden
Gstoc
Santa Fe
Denver & Rio Grande
Gould Interests
Rio Grande
Goulds
The
Mr. Frick
Union and
Wallace
Lovetts
Neithe
Frank A. Vanderlip
H.C. Frick
Jac H. Schiff
William Kefeller
Charles A. Peabody
Mortimer L. Schiff
Northern Pacific stock purchase seen with cautious significance
The record notes that stock of the Northern Pacific Company seems to contradict the main reason for its acquisition and related facts, and questions the value of the purchase, while noting the termination of any relations between the Northern Pacific and the Union Pacific Company.
MENTIONED IN THIS ARTICLE
Northern Pacific’ Company
Union Pacific ‘Company
Market Up On Decision Sparks Uptick Across Rail Stocks
Wall Street reacted to a court decision with private wires from St. Louis signaling the ruling. Harriman issues led gains after rumors of Government loss circulated, with Union Pacific and Southern Pacific up in early trading and Steel common rising on Stanley investigation hopes. Large-volume sessions followed with substantial shares traded in UP, SP, and Steel.
MENTIONED IN THIS ARTICLE
Wall Street
St. Louis
Union Pacific
Southern Pacific
Harriman
Steel Common
Stanley
Union
Atlantic Coast Line
Great Northern
Louisville & Nashville
Moisant Co Expands Capital Build New Aviation Factory
Moisant Company raises capital from 250000 to 1000000 and plans a new factory to expand manufacturing for over 600 airplanes annually. The Directorate grows from three to seven, with Alfred J as president and ABE Wupormpan as secretary among others. The move aims to establish more aviation schools like the Hempstead union operation.
MENTIONED IN THIS ARTICLE
Moisant Co
Hempstead
Moisant International Aviators
Alfred J. Na
A. BE
Sea Aid for Jewish Poor Expands Sanitarium and Trips
The Sanitarium for Hebrew Children at Rockaway Park opened June 20 with fifty beds for the Jewish poor. A committee plans twenty summer boating trips for women and children, up from eight last year, starting from Third Street on the Hast River. Applications require screening to prevent contagious disease. Treasurer Heze Kohn, Second Avenue, New York City, handles funds.
MENTIONED IN THIS ARTICLE
Rockaway Park
Committee On
Third Street
Hast River
Heze- Kohn
Second Avenue
New York City
Baby apparel sale with low prices on coats hats and dresses
The ad offers infant and children's wear including hats lingerie linen or straw and short coats in white silks serges or piques plus short dresses and long infant dresses. Prices range from 50 cents to 25 dollars with many specials posted as low as 38 cents to 9.95.
MENTIONED IN THIS ARTICLE
Saks
Legion
Oxford
Cardinal
Also Mentioned on This Page
Pacific Roads
District Court
Vice
Northern Pacific Comany
Harriman Lines
Gheyenne
Wyo
Jute Stockwell
W. White
William Taylor
Pelosi
Ler
Weil Snd
Broadway
Saks & Company
34Th Street
Copenhagen
Valle 1
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