Trust Merger Fight in Supreme Court Spreads
Equitable Trust and Mercantile Trust clash in court over a proposed merger deemed a civil death for Equitable. Ivins and Cravath lead dueling affidavits and accusations as executives cite earnings, book value, and state law to justify or contest the deal.
MENTIONED IN THIS ARTICLE
Equitable and Mercantile Trust Companies
William M. Ivins
Bainbridge Colby
Blanchard
Supreme Court
Equitable Trust
Equitable Life Assurance Levy
Iv‘ns
Paul D. Cravath
Ivins
Herbert D. Mason
Colby
Cravath
Allan McCulloh
Alexander & Green
Alvin W
Times
Mr. Ivins
Mercantile
Mr. Krech
Cory
Equitable Life Assurance Society
Wall Street
Alton
Harriman
Mercantile Trust
City Bond Sale Set For Today By Controller Metro
The city plans a $29 000 000 bond sale at 2 PM with coupon bonds to attract bids. An offer from Chicago for the full amount at a premium was received but rejected due to a missing check. Rumors of syndicate bids circulated, including Harvey Fisk & Sons, but no such syndicate existed by end of business yesterday.
MENTIONED IN THIS ARTICLE
Metro
Chicago
T.jones
Financial
Harvey Fisk & Sons
Sheepshead Bay
Queens County
Buffalo
Vos Sis Bookinskors
Anti merger bill advances in Massachusetts legislature
In Boston on June 27 a bill to prevent the Boston and Maine Railroad from merging with the New York New Haven and Hartford system passed its final legislative stage. The measure, with one amendment by Senator Faxon excluding railroads acquired before May 1907, now heads to the Governor as the session nears prorogation. Senator Vahey criticized the amendment as weakening the act and attacked President Mellen of the New Haven Road over alleged violations of the state law and prior agreements.
MENTIONED IN THIS ARTICLE
Eee
Mr. Cravath
Equitable Life
Mr. Ivins
Cravath
Ivins
Paul Morton
The
Life Assurance Society
Alvin Krech
Equitable Trust Company
William Cgc. Poillen
Mercantile Trust Company
Krech
Colby
Eprecmest
Albany
Equitable Trust Comany
Boston
Boston & Maine
New York, New Haven & Hartford
William Faxon
Stoughton
James H. Vahey
Boston Maine
New Haven Road
Vahey
Mellen
Was
Smith Estate Change Shifts St Paul Board Seat
Walter P. Bliss replaces Herman Leroy as director for the Chicago Milwaukee and St Paul line. The Bliss estate holds substantial St Paul stock, while James Henry Smith’s holdings were far smaller than rumored. The company plans fifty new locomotives for the Pacific Coast extension and works toward finalizing fractional stock subscriptions to 100 million dollars in new stock.
MENTIONED IN THIS ARTICLE
Herman
Leroy
James Henry Smith
Chicago, Miwaukee & St. Paul
Walter P. Bliss
Mr. Bliss
Ate
George Bliss
Bliss
St. Paul
Mr. Smith
Chicago
Milwaukee & St. Paul
Smith
The
Europe
Sacey
Pacific Coast
South Dakota
Butte
Mon
Price Denies August Cotton Corner While Bullish
Theodore H. Price distanced himself from rumors of an August cotton option corner. He stated he opposes corners and expects cotton to rise, citing limited tenderable stocks and rising demand as the basis for a potential price increase into July and August deliveries. Investment groups are said to hold spot cotton in New York until needed by spinners.
MENTIONED IN THIS ARTICLE
Theodore H. Price
Price
America
New York
Customs Rulings on Duties for Returned Imports
A Board of United States General Appraisers panel ruled that the customs tribunal cannot remit duties on goods shipped back after export. Alfred Jones and Sons faced 2 000 pounds of smoked bloaters assessed at three quarters of a cent per pound and spoiled goods led to reexport. The protest was dismissed. The panel also ruled on plank linoleum duty, sustaining 20 cents per square yard and ad valorem 20 cents, while favoring the lower 8 cents per square yard and 15 percent ad valorem claim. Rothe Cincinnati won over O G Steadsons Philadelphia opposition.
MENTIONED IN THIS ARTICLE
W. F. Lunt
Board of
United States General Appraisers
Customs Tribunal
Alfred Jones
Sons
Bangor
St. John
N. B
Canada
General
de Vries
American Express Company
Pitt & Scott
New York
Ted Mu. A
Not Seeking New Thaw Witnesses
Assistant District Attorney P F Garvan sailed for Liverpool yesterday on the steamer Celtic. He declined to confirm reports he would seek new witnesses for a second Thaw trial and said he would not discuss the case.
MENTIONED IN THIS ARTICLE
P. F. Garvan
Liverpool
Celtic
Gras
H K. Thaw
Demand for Better Steel Rails From Runway to Rails
After conferences at United States Steel Corp offices and a later meeting at 71 Broadway, over fifty officials from major railways and rail manufacturers discussed tougher steel rails. E H Gary said the joint expert report will guide an adjourned meeting, aiming for a mutually satisfactory outcome approved by the public.
MENTIONED IN THIS ARTICLE
United States Steel Corporation
Broadway
McCres
Pugh
Pennnsylvania
E. H. Gary
Canada
Tree
American Railway Association
Copper not too high in market outlook says Stanton
John R. Stanton owner of the lake copper mine backs current pricing and rejects expected price cuts. He notes no decline in high level quotations, cites steady production and rising consumption from big buyers, and predicts a buying rush could restore prices if a dip occurs.
MENTIONED IN THIS ARTICLE
John R. Stanton
Lake Copper
United Metal Selling Company
Mr. Stanton
United Metals
New York Metal Exchange
New York
Metal Exchange
London
Governess Jumps From Third Story Window in Harlem
Miss M Kelly a governess of 164 East 105th Street jumped from the rear third story window yesterday afternoon, suffering contusions and likely a fractured skull. Dr no of Harlem Hospital attributes the act to religious dementia and delusions. She was taken to Harlem Hospital and sent to a sanatorium with expected recovery.
MENTIONED IN THIS ARTICLE
Harlem Hospital
M Kelly
East 105Th Street
Meadow Brook Polo Sees First Team Triumph in Cup Semi Final
Meadow Brook first team defeated the second team by 17 to 5 to reach the Meadow Brook Cup final. The match featured aggressive play, tied score after three periods, and a late surge by Meadow Brook First Team. Finals set for Saturday against Bryn Mawr fox hunters.
MENTIONED IN THIS ARTICLE
New York Times
Hempstead
N. Y
Meadow Brook
Society of R'S
Nas
Bryn Mawr Fox Hunters
Hdcp
Phippe
H. P. Whitney
Seersscctoceess
D. Miduim
Burden
H. Phipps
T. Burden
fAour
Foree
Reginald Brooks
C. H. Dawson
H. Geer
Sir Lynnewood Wins Close Sheepshead Bay Finish
On a quiet racing card at Sheepshead Bay Sir Lynnewood edged Tony Faust by a half length in the Sheepshead Bay Handicap. Mombassa outfinished Restigouche in the Surf stake as private form influenced betting. Yorkist led early and won, with Agent and Sacinesca taking other events.
MENTIONED IN THIS ARTICLE
Sheepshead Bay
James R. Keene
Besom
Colin
Keene
Miller
Meelich
Timothy D. Sullivan
Dr. Gardner
Jamaica
Tony Faust
Sir Lynnewood
First Premium
Cairnngorm
Grimaldi
Premium
Surf
H. P. Whitney Stable
Mombassa
Restigouche
Post
Ben Fleet
Yorkist
Golden West
Agent
Saracinesca
Ostrich
Also Mentioned on This Page
Equitable- Mercantile Union
Equitable
Equitable Society
Cravath Dee
Cpteaese
Was & Cade
New Jersey
Equitable and Mercantile Trust
Mr. Morton
Big City
ST. Paul Board
H. S. Leroy
J. H. Smith
W. P. Bliss
St. Paul Extension
St Loe Bavay
Duryea
Kentucky Beau
H. SB
Star Hat Kentucky
Bar ‘Bhoot
Imp
Ben Strome
Earth
Wes
Paves As
Martin
Star Bboot-Lyndail
J.J
Wee
Readville
Mombassa's Surf Stakes
F. Yorkist
Finn
Ingham
Shreve
Moyea
E. Dugan
G. Burns
Ber Me Hoy
Musgrave
el Capitan
P. Kelly
Jas. Hennessy
Linnepee
Beckman
Griffen
Ston
Arlington
Notter
Mintberia
Brussel
Algie
Moore
Lord Pike
J.o’brien
B. G
Kingston- White Rose
T. W. Coulter
M. F. Agent
Stone
Even
Becket
G. B. Wilson
Palmer
Kernel
Owens
George Kessler-Ricabar
Bartlett McClennan
William Hogan
Mountain
Sir Cleges
W Notter
Crest
Dike
Goldquest
Ch. F
Preston
Sandy
Cairngorm
Garner
Rhockescsah
Jane Swift
Knapp
Troublesome
Annoyance
Raynor
King Sol
Julia Powell
Radtke
Lord Boy
G. Burs
Miramar
Corncob
Beckran
Mise Adkinson
Liebert
Clark
Ruth Taylor
W. Doyle
Mathher
Grimalai
xon-Lady Wayward
Joséph E. Widener
L. Webster
J. Martin
Donnell
Inner
Planudes- Ilithyia
J. E. Madden
Jack Barr
Tom
Parsons Veces Essex
Dick Shaw
Larone
Posse
California King
Merry Saint Eliff Whiliams
Amenda H
Hyperion Tis
Couree
Jacquin
Thistiedale Dvisance
D' Arkle Seesveesess
Tommy Waddell
Aliso
Confederate
Gardner Maxnar
Wexford
Ivanhoe
Bons
Masterson NC
Iceneeseene
Onatas Co Ceovsse Coos Dlorstein Nates
Vincent Nagazam
Golden Shore
Cinchona Cceveuis
Soeae Wood
Waco
Wise Hand
Magnes Stella
Woodwiten
Apprentice Showance
James Brady
Wil
Marthe Jane
N'A
Lone Ceeesoeers
Ian Iss Crawford
Adelilet
Rela
Denver
Colorado Springs
Pueblo
Chicaco
Union Pacific
North-Western Line
R. M. Johnson
Ierever
WM. Vogel & Son
Houston St
Times Square
Hegeman & CO
Times Building
42Nd Street
Bryant
Ano Prsack
Santa Fe
Sohaton Sea
California
Fred Hervey
Grand Canyon of Arizona
Pacific Slopes
Sierra Heights
N. EB. A
Geo. C. Dillard
A. T
New York “City
Z. E. Widener
Jockey Club
Stratford
Phaeton
Wes & Stout
Fast Horse
Arthur White
Bromley & Co. Fos
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