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Newspaper Page Text
"JWEmMj 'ymV"""' Vjgt'J . jJli.CTHr r"
r kickers or trou' le-makers among the
stockholders of the street car com
panies can be thrown out of the
game. Block says:
"Sec. 3 provides that any stock
holder who is against a merger shall
'not be allowed to-bring action in the
courts to stop merger? The bill com
"niands that he must sell out his stock.
Sweeping power is given the courts
'to control. The language is that 'the
'court shall have full power to do all
things and enter all such orders as
rto it may seem equitable and just "
The Union Leader, official journal
"of the street car men's union, will
have an editorial this week .showing
how helpless any single stockholder
'will be to stop any raw deal he does
not like. . The paper will reprint as
'significant a quotation printed in the
"Economist, Chicago's leading finan
cial paper. It what W. W. Gurley,
head lawyer for the Chicago Surface
'lines, said about Sec. 3 of the home
rule bill. Gurley is pleased with it.
8 "Adoption of this provision would
)ut it beyond the power of a single
stockholder or two or three stock
holders to hold up any merger of the
Chicago rapid transit lines. It gives
to a minority stockholder the alter
native of agreeing to the merger or
"getting out with a fair cash price for
his holdings. This provision is not
setting a precedent, as it is in effect
1h some other states. No stockholder
Tiould he allowed to speculate for his
"personal advantage. A single stock
holder of the Chicago City Railways
attacked the validity of the 1907 trac
tion ordinance. When the Illinois
Supreme court ruled against him he
then attempted to kiock out the op
erating agreement between the sur
COULDN'T SUPPORT SON SHE
CHOKED HIM TO DEATH
Milwaukee, Wis. Mrs. Susie Wod-
jik found guilty of strangling to death
G-year-old son Adam. Had been un
able to support her children.
INJUNCTION HALTS POSSIBLE
SLIP OVER BY SCHOOL BOARD
The board of education rode
through a regular meeting yesterday
with an injunction plastered oh it.
The action to prevent acceptance of
the State street school land apprais
als was successful and the trustees,
when the matter came up, voted to
pass the matter and instructed Coun
sel Shannon to fight the injunction.
The interests which pushed the in
junction suit were satisfied that a
possible attempt on the part of a
board clique to sneak through the ap
praisals called "so low as to be fraud
ulent" was halted.
The board received the injunction
well, several members turning
toward the press table and remarking
in loud tones that "we didn't intend
to pass it anyway."
The city council's attempt to inves
tigate the board of education finances
met with a rebuff when the board re
fused to accept the letter of Aid.
Rob't Buck, chairman of the commit
tee on schools, asking for courtesy
toward their investigator, J. L. Ja
cobs. Instead the board entered resolu
tions offering to share the expense
of a private audit to be made by an
independent concern. The investiga
tion was called a political trick. Buck
declared that the inquiry would pro
ceed in spite of the cold shoulder
which the board had turned toward
Washington. Sec'y McAdoo re
ceived $3,700 "conscience fund" con
tributed from small Wisconsin town.
Third largest in treasury's history.
Washington. State department
notified that Argentine-Brazilian-Chilean
peace treaty was signed.
Providence, R. I. Mrs. Alfred
Noyes electrocuted when she an
swered telephone in her home while
retaining hold on electric vacuum
cleaner she was using when the bell