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The day book. (Chicago, Ill.) 1911-1917, October 28, 1915, LAST EDITION, Image 3

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1915-10-28/ed-1/seq-3/

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HOYNE NOW AFTER THE BUNK
STOCK IN "L" ROADS
This is a good day to take a look
at how the wheels go around on the
inside works of government. Seven
judges of the supreme court of Illi
nois opened their mouths yesterday
and spoke judgments. On this side
of the United States supreme court
what they say goes. They are the
big seven of Illinois. They can kick
to pieces any law of the city coun
cil of Chicago or the legislature of
Illinois. They can help along a fight
ing state's attorney or they can
block him so he hasn't got a toehold.
On big Chicago cases these are the
facts: After two and a half years
State's Att'y Hoyne gets permission
of the supreme court to start an ac
tion against a big stockrigging game
in the elevated railroads. It will take
at' least one year to try the case in
circuit court in Cook county. And
then the case will jimmy along about
two years, maybe more, on appeal
from circuit court to the Illinois su
preme court. How's that for speed?
A $10,000,000 stock swindle wa.fr
pulled off In the financial organiza
tion of the Union Elevated and Union
Consolidated Elevated railways, ac
cording to Hoyne's allegation. He
wants to pry loose this artction swin
dle and show the people of Cook
county where certain Chicago mil
lionaires got theirs. It takes him two
years and a half to get the supreme
court to say he can go ahead. And
it will take five years all told to find
out whether $10,000,000 swindlers
can be reached through the courts of
Illinois. An auto bandit or a State
street window smasher is generally
tried and sent to Joliet in less than
five months.
The newsiest feature of the case
is that State's Att'y Hoyne is asking
the supreme court whether a law
passed by the 1870 legislature is law
now in 1915. This law says railroads
shall not issue stock except to the
extent of their actual investment
future or any. fourth dimension. They
can issue capital stock only on the
basis of what property they place in
the enterrpise,
waiTbuSletins
Berlin, via London, Oct. 28. Gen.
Von Linsingen's forces, near south
ern extremity of German eastern line,
captured Rudka, Russia, west of
Czartorysk.
Vienna. Austro-Cermans and
Bulgarians were closing swiftly in on
Serbians today from three directions.
Teutonic front still moved resist
lessly southward along its 100-mile
line. Austrians gained ground on
western frontier. Bulgarians victori
ous in east. Teutonic and Bulgarian
forces, combined, consolidating their
positions in extreme northeast, pre
paratory to beginning of supply ship
ments through conquered Serbian
district and Bulgaria to the Turks.
Paris. Premier Viviani resigned
today.
London. Occupation by French
troops of Bulgar village of Tirteli,
near Strumnltza, southwestern Bul
garia reported, without confirmation.
Bulgarians were accused of plund
ering and burning various Serbian
towns they captured.
Reports of Serbian recapture of
Uskub.
Paris. Only patrol reconnoisance
engagements have occurred, an
nounced war office today.
Paris. Having reached belt of
more than usually broken country,
through which even unopposed ad
vance would be difficult, Serbians
stiffened resistance to Austro-Ger-man
progress southward to Balkans
and are temporarily holding ground.
Reports continued to conflict con
cerning Uskub situation but on the
strength of unconfirmed reports, be
lieved Serbians, French and British
recaptured town from Bulgarians.
o o
Fire, Armour & Co., stockyards.
he ycan't capitalize good will or the
.$4,000.
.Aa

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