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PHONE REPORTS ARE NOW F READY NEBRASKA BANK Majority of Committee Tells STOCKHOLDERS CASE BEFORE THE Why Its Proposed Agree ment With the Providence SUPREME COURT VOTE FOR MERGER Telephone Co. on a Six Chief Justice Douglas and Justices Dubois, Blodgett, Johnson and Parkhurst toOn motion of Judge Robertson, the A special meeting of the stockholders meeting was then adjourned until afterday heard the cases of Alfred Hazlett, of the New York, New Haven and Hartnoon in order to allow of tht filing of the Year Exclusive Franchis receiver of the American bank of Beaford Railroad company was held at the amendment at the secretary of state's oftrice, Neb., against Thomas A. Woodrailroad offices in New Haven today to fice, after which the merger can be legally carried through. head and May E. Woodhead of Central accept the amendment to the charter of It was ascertained in official quarters Falls. Mercantile Trust company and the corporation contained in a resolution of the New York. New Haven and HartProvidence Mutual Investment company Basis Should Be Adopted recently passed by the Connecticut legisford Railroad company that the fiew on plaintiff's exceptions to the decision of lature permitting the merger of the cor$30,000,000 of stock for which application the superior court sustaining tht defendhas been made for listing at the New ants' demurrers to the plaintiff's amendporation with and in the Consolidated ed declarations. York stock exchange is immediately conRailway company, a majority of whose Vigorous Dissent by Mi It is provided in the constitution of stock is held by the New Haven comnected with the merger of that corporaNebraska as follows: "Every stockholdpany. tion with the Consolidated Railway corner in a banking corporation or institution The object of the merger is to consollpany today. shall be individually responsible and liadate and make common stock of both The latter company recently took over nority-CityCounciltoGe ble to its creditors over and above the corporations under the title of the New the New England Navigation company at amount of stock by him held to an York, New Haven and Hartford coma valuation of $20,000,000 or exactly the amount equal to his respective stock or pany, said company to have as by-laws price which C. W. Morse some time ago shares so held for all its liabilities accruthe by-laws of the Consolidated Railway Voluminous Statements. offered for the property. Against this ing while he remains such stockholder. company and to have as its directors unThe American bank of Beatrice was ad$20,000,000 of Consolidated Railway comtil the next annual meeting the same persons as are directors of the Consolidated judged insolvent on March 20. 1895, and pany's stocmk was oreated which added Mr. Hazlett qualified as receiver on Railway company. to the previous outstanding $10,000,000 March 23. 1895. Thomas A. Woodhead held At the meeting about 30 stockholders makes $30,000,000 of stock which in the $2000 worth of stock in this bank. Mary were present. including a number of the merger now is represented by the $30.The city council committee which has the seven members of the committee, a E. Woodhead held $1000 worth of stock. directors. After the call was read. Judge 000.000 of stock share for share of the is a voluminous document. Both report Defendants say the Nebraska constituA. H. Robertson of New Haven offered a been probing the subject of granting to steam corporation. if bound, would make a volume of mo tion does not give the receiver the right resolution that the charter amendment be the Home Telephone company a franchise This $80,000,000 of stock while legally outto sue stockholders; that a receiver apthan 100 pages, to say nothing of the a accepted and notice filed with the secrestanding is held in the New York, New to compete with the Providence Telepointed under proceedings in Nebraska tary of state. This required a stock vote denda and appendices which are as 10 has no right to sue in any court of the Haven and Hartford Railroad company's which resulted in 508,969 votes in favor again as either of the two reports. phone company for the business of Provistate of Rhode Island, and many other treasury for any legal use whatsoever. and none opposed. The agreement contained in the majo dence will make its report to the common things against the maintaining of these 1ty report follows: suits. council next Monday evening. "Unlimited business 'phone (one part Complainant claims that the provision of the Nebraska constitution is self-exe$80. This report by a vote of six to one, cuting. and does not require supplement"Unlimited business phone (two part as has been exclusively stated in the ary statutes. $60. News-Democrat, will favor an exclusive DOG THAT BIT LAMOUREUX CASE The bank deficit according to declara"Limited business 'phone (one party franchise for the Providence company tions is about $42,000. N. W. Littlefield is 600 calls, $40. for a term of six years and contains the attorney for the receiver, and William J. "Limited business 'phone (two part: Brown and John N. Butman represent terms of an agreement the majority of 600 calls, $83. the defendants. the committee has decided to recommend THE CONNOR BOY MAY BE SENT TO "Unlimited residence, (one party) $48 to the These
