A CLAIM FOR 25 MILLIONS.
RAILWAY MAGNATES INDICTED. [By Electric Telegraph—Copyright] [United Pbess dissociation.] Now York, July 13. A minority of the shareholders of the New York-New Haven-Hartford railway are suing Mr William Rockieller, Mr ,T. P. Morgan, Mr Lewis Ledyard, and other directors, claiming the sum of twenty-five million sterling on the ground of mismanagement of the railway's affairs. The Inter-State commerce commission recently examined the Company's affairs, and reported that the directors had been criminally negligent, and had violated the law frequently by purchasing rolling stock at a juice three times exceeding its value. There had been fictitious stock sales and the expenditure of huge sums For the purpose of influencing public opinion through newspaper bribery and illicit political activity, including the bribery of legislators, and the profligate use of free passes. The commission finds evidence of corruption on a wholesale scale.
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Stratford Evening Post, Volume XXIX, Issue 71, 15 July 1914, Page 7
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144A CLAIM FOR 25 MILLIONS. Stratford Evening Post, Volume XXIX, Issue 71, 15 July 1914, Page 7
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