Northern Securities decision upheld by Court of Appeals
Judge Sanborn reports the United States circuit court of appeals has ruled Northern Securities illegal for combining Northern Pacific and Great Northern to restraint interstate trade. The stock may be returned to original holders. restrictions bar further acquisition and voting rights by Northern Securities. Rock Island quotes that the decision won’t affect the Rock Island Frisco deal. Stock prices fell across exchanges with losses in St. Louis San Francisco Rock Island Northwestern Colorado/ Lackawanna and others, while Northern Securities slid on the curb.
MENTIONED IN THIS ARTICLE
New York
Northern Securities
United States Circuit Court
St. Louis
San Francisco
Rock Island
Northwestern
Colorado Fur
New York Central
Pennsylvania
Missouri Pacific
Lackawanna
Merger Attorney’s Opinion on Northern Securities Appeal
New York April 10. The Northern Securities case will be appealed. A leading counsel notes the judge's order may nullify key conclusions by allowing transfer of Northern Pacific and Great Northern stock to original stockholders in exchange for the company stocks. A Morgan bank representative says the decision opens new lines for the case, and financiers held a conference at J P Morgan & Co to discuss its impact on railroad properties.
MENTIONED IN THIS ARTICLE
Northern Pacific
Great Northern
Northern Securities Company
New York
Northern Securities Companys
Northern Securities
J. P. Morgan & Co
Hill silent on decision in Northern Securities case
President James J. Hill of the Northern Securities company declined comment on the court ruling. He conferred in New York with W. P. Clough, the company's general counsel, who said he had only fragmentary guidance from St Paul and would await the full text before deciding next steps.
MENTIONED IN THIS ARTICLE
New York
James J. Hill
Northern Securities Company
Northern Securities
Hill
W. P. Clough
General Clough
Clough
St. Paul
William H. Moore
American cruisers move to aid distressed prospectors in Honduras
Acting Secretary Darling reports Rear Admiral Coghlan has dispatched the cruiser San Francisco to the Patuca river to assist American prospectors in distress. The Olympia, San Francisco, and Marietta will depart Honduras for Pensacola on the 11th, leaving Panther on the coast for protection of American interests. No direct telegraph with Puerto Cortez. Coghlan's cable filed in Guatemala.
MENTIONED IN THIS ARTICLE
Washington
Darling
Coghlan
Puerto Cortez
Honduras
San Francisco
Patuca
Olympia
Marietta
Pensacola
Flia
Panther
Honduran
Admiral Coghlan
Guatemala
Roosevelt Extends Early Start on Park Tour
President Roosevelt left his Cinnabar park headquarters for a lengthy itinerary through reserve sections. Park authorities aim to exterminate the many mountain lions there, and he may take a shot or two. An enterprising reporter, barred from entry, rode in with a dog and was arrested before release.
MENTIONED IN THIS ARTICLE
Cinnabar
Mont
Roosevelt
New Steamer Minnesota to be launched in New London
The Minnesota is the largest ship ever built in the United States and will be launched in New London Connecticut on April 16. Miss Hill daughter of James J. Hill will christen the vessel. The ship measures 620 feet in length 73 feet 6 inches beam and 56 feet from keel to upper deck with nine decks in total.
MENTIONED IN THIS ARTICLE
New York
Celtic
Cedric
White Star Line
Minnesota
New London
Shamrock III Beats Shamrock I in Leeward Test
In light five knot winds at Weymouth on April 10 the Shamrock III led the Shamrock I by about five minutes after a 15 mile leeward leg and 15 mile windward return under near Cup race conditions. Shamrock III finished seventeen minutes ahead after rounding Erin mark boat.
MENTIONED IN THIS ARTICLE
Weymouth
Eng
Leeward
Sandy Hook
Shamrock
Shamrock I
Erin
Also Mentioned on This Page
North Dakota
Delontarne
Tashington
Oregon
Great Northern Railway
Desantos
Max Bass
Imam
Clark St
Chicago
F. I. Whitney, Gen. Pass
Tkt Agt
St. Paul, Minn
North
ERN Securities Company
Court OF Appeals
Trade and Commerce
Thayer
Sanborn
United States Circuit Court of Appeals
United States
Rock Island Company i
Frisco
Undertakers
WM. Tolmie
Tolmie & Mclvaine
West Third Street
Huron
South Oak
Detroit
U. G. Fowler
South Dakota
ROYA
Chichester
Lecter
All Druggiate
Chicheater Chemical Co
Phila
Mrio B. Stevens & Co
Silicon
Cliff St
Genuine 35 ME Cine CO
Madi
Free Farm
Western
Canada
Saskatchewan
Government of Canada
The
Saskatchewan Valley Land Co. In
Ihe
Will
Yellowstone Park Reserve
Fairbanks Scales
Fairbanks-Morse
Eclipse Wind Mills
Fairbanks
Fairbanks, Morse & CO
George Issenhuth
Eneral Contracting
Carpenters
Assiniboia
Northwest Colonization CO
Western Canada
Our Lanas
C. A. Robertson
F. B. Lynch
Endicott Bidg
Trinket
Des Moines
Iowa
Springfield
Illinois
Prof
M. Schoenert
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