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Supreme Court rules Southern Pacific abusing stock control
The Supreme Court declares that Southern Pacific ownership of Central Pacific stock violated the Sherman Act by creating a unified transcontinental system. The ruling prohibits the Southern Pacific from maintaining control through stock ownership and directs a remedy to restore competitive conditions between the rival routes and connections. The Central Pacific and Union Pacific are shown as separate lines to be operated without favoritism.
MENTIONED IN THIS ARTICLE
The
Supreme Court of the United States
Central Pace Railroad Company
Union Pacifc Railroad Company
Codgen
Agiodt
Central Pacific Railroad
Ita Gun
Hugopert i
Union Pace
Pacifc
Ane Wanteols
Sutherly
Racemes
Lanon Pacife
Rau
Odzen
Southern Pacific
Congress
Condesian
Centrat Pacfic
Southern Pacfic
Centrat Pacific