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Wilmington, New Castle County, Delaware
What is this article about?
Creditors of the Chicago and Northwestern Railroad seek an injunction in U.S. District Court in Madison, Wisconsin, to block enforcement of a state railroad regulation act, claiming it harms their securities. Judge Drummond grants a temporary injunction but proceedings continue.
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Where did it happen?
Domestic News Details
Primary Location
Madison, Wisconsin
Event Date
Thursday Last
Key Persons
Outcome
temporary injunction granted pending delay; attorney general agrees to proceed with argument.
Event Details
Papers served on Attorney General and late railroad commissioners notifying of injunction application in U.S. District Court for western district of Wisconsin to restrain execution of Legislature's railroad regulating act. Action brought by creditors of Chicago and Northwestern Railroad Company, including William Frederick Rick, Moses Taylor, Henry R. Person, Farmers' and Loan and Trust Company, and Union Trust Company of New York, claiming the law weakens their securities. Defendants appear before Judge Drummond in Madison; Attorney General initially asks for time but then agrees to argue immediately.