A History of the Northern Securities CaseUniveristy of Wisconsin, 1906 - 349 pages |
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Page 227
... Company . And to place at the head of the new company the guiding spirit and ... rail- ways had lived in comparative peace with each other for twenty years ... railways , -Great North- ern , Northern Pacific , and Burlington - makes it ...
... Company . And to place at the head of the new company the guiding spirit and ... rail- ways had lived in comparative peace with each other for twenty years ... railways , -Great North- ern , Northern Pacific , and Burlington - makes it ...
Page 244
... Companies ; and it is obvious that the rights of the minority stockholders of the two railroad companies are not repre- sented by the Northern Securities Company . " The denial of the court is expressed in the concluding para- graph of ...
... Companies ; and it is obvious that the rights of the minority stockholders of the two railroad companies are not repre- sented by the Northern Securities Company . " The denial of the court is expressed in the concluding para- graph of ...
Page 248
... railways , and its salability , as well as its market value , it was argued , depends in a very large measure upon the free and uninterrupted competition of the two railways ... Company . Reference was also made to the large areas of land ...
... railways , and its salability , as well as its market value , it was argued , depends in a very large measure upon the free and uninterrupted competition of the two railways ... Company . Reference was also made to the large areas of land ...
Page 254
... Company , it can scarcely be maintained that it has affected the competitive ... railways are parallel and competing in so far as physical location is ... railways are parallel , and if the purchase of shares of competing car- riers by a ...
... Company , it can scarcely be maintained that it has affected the competitive ... railways are parallel and competing in so far as physical location is ... railways are parallel , and if the purchase of shares of competing car- riers by a ...
Page 260
... corporation in which some aged men wished to put their stock in these railroad companies merely to keep it there . " s " The benefit to the people of this merger may be all that its master spirit , Mr. James J. Hill , claims it to be ...
... corporation in which some aged men wished to put their stock in these railroad companies merely to keep it there . " s " The benefit to the people of this merger may be all that its master spirit , Mr. James J. Hill , claims it to be ...
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Common terms and phrases
acquired agreement amount Anti-Trust Act anti-trust law April 21 Argument board of directors bonds Brief Burlington by-laws capital stock cent certificates charter circuit court circular Clough combination common stock company's competing lines competition congress consolidation contract corporation coupon bonds decision decree defendants distribution dividends E. H. Harriman executed freight Harriman hereby Hill holders holding company Ibid incorporated interstate commerce issued J. P. Morgan January Jersey Justice leases majority meeting ment Minnesota North Northern and Northern Northern Company Northern Pacific Company Northern Pacific Railway Northern Pacific stock Northern Railway Company Northern Securities Company November 18 opinion Oregon Short Line organization owner ownership Pacific Railway Company pany parallel and competing poration preferred stock president purchase purpose Railroad Company ratable rates restraint of trade retirement road stockholders suit supreme court Testimony thereof tion transfer books trial court Union Pacific interests United violation vote York
Popular passages
Page 284 - Commerce, undoubtedly, is traffic, but it is something more, — it is intercourse. It describes the commercial intercourse between nations, and parts of nations, in all its branches, and is regulated by prescribing rules for carrying on that intercourse.
Page 311 - Trimble, who, I am satisfied, are the persons named in and who executed the foregoing certificate; and I having first made known to them, and...
Page 225 - Jersey, or of any other state, territory or country; and, while owner of such stock, to exercise all the rights, powers and privileges of ownership, including the right to vote thereon.
Page 307 - ... Any corporation may purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of the shares of the capital stock of, or any bonds, securities or evidences of indebtedness created by any other corporation or corporations of this or any other state, and while owner of such stock may exercise all the rights, powers and privileges of ownership, including the right to vote thereon.
Page 309 - Any officer elected or appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the whole Board of Directors.
Page 287 - Great cases like hard cases make bad law. For great cases are called great, not by reason of their real importance in shaping the law of the future, but because of some accident of immediate overwhelming interest which appeals to the feelings and distorts the judgment.
Page 306 - County of Hudson. The name of the agent therein and in charge thereof, upon whom process against the corporation may be served, is Hudson Trust Company.
Page 310 - ... and to direct and determine the use and disposition of any surplus or net profits over and above the capital stock paid in; and in its discretion the board of directors may use and apply any such surplus or accumulated profits in purchasing or acquiring its bonds or other obligations, or shares of its own capital stock, to such extent and in such manner and upon such terms as the board of directors shall deem expedient...
Page 307 - To purchase, hold, sell, assign, transfer, mortgage, pledge or otherwise dispose of shares of the capital stock of any other corpora tion or corporations, association or associations, of the State of New Jersey, or of any other State.
Page 308 - Directors, may elect a successor to hold office for the unexpired portion of the term of the Director whose place shall be vacant, and until the election of a successor.