A History of the Northern Securities CaseUniveristy of Wisconsin, 1906 - 349 pages |
From inside the book
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Page 243
... opinion the consolidation or threatened consolidation of the Great Northern , Northern Pacific , and Burlington Railway systems in the several states through which they run as parallel or competing lines is contrary to sound public ...
... opinion the consolidation or threatened consolidation of the Great Northern , Northern Pacific , and Burlington Railway systems in the several states through which they run as parallel or competing lines is contrary to sound public ...
Page 258
... opinion as to the legality of the procedure involved in the formation of the Northern Securities Company . On February 19 , 1902 , the attorney - general authorized the following statement to be published : 98 " Some time ago the ...
... opinion as to the legality of the procedure involved in the formation of the Northern Securities Company . On February 19 , 1902 , the attorney - general authorized the following statement to be published : 98 " Some time ago the ...
Page 274
... opinion of the trial court in the federal case just described and the opinion of the United States Circuit Court in the state case are clearly fore - shadowed in the statement of facts in the latter opinion . Judge Lochren states ...
... opinion of the trial court in the federal case just described and the opinion of the United States Circuit Court in the state case are clearly fore - shadowed in the statement of facts in the latter opinion . Judge Lochren states ...
Page 275
... opinion that " the evidence fails to show that the Securities Company was formed for the purpose of acquiring and hold- ing a majority of the stock of the Great Northern Company as well as that of the Northern Pacific Company , although ...
... opinion that " the evidence fails to show that the Securities Company was formed for the purpose of acquiring and hold- ing a majority of the stock of the Great Northern Company as well as that of the Northern Pacific Company , although ...
Page 276
... opinions is ad- mirably summarized in a private letter , 28 a part of which is here inserted : " The state case and the government case are identical as re- spects the construction to be given to the ' Sherman Anti - trust Act . ' The ...
... opinions is ad- mirably summarized in a private letter , 28 a part of which is here inserted : " The state case and the government case are identical as re- spects the construction to be given to the ' Sherman Anti - trust Act . ' The ...
Other editions - View all
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.