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The River Press
Fort Benton, Chouteau County, Montana
What is this article about?
On Oct. 16 in Chicago, Governor Deneen will present a $3,000,000 bill to the Illinois Central Railroad for unpaid state compensation over 6-10 years, due to earnings distribution from shipments on charter and non-charter lines.
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CHICAGO, Oct. 16. -- Governor Deneen will present to the directors of the Illinois Central Railroad company tomorrow the bill of the state for unpaid compensation running back for varying periods from six to ten years and amounting to a total of approximately $3,000,000.
The issue between the state and the company is said to be mainly a distribution of earnings. It is explained that the question of distribution arises where shipments are made partly over charter lines and partly over the lines free from the compensation requirement. From what the state officials say, the company is acquitted of intention of wrong doing.
The question of distribution arose early in the company's dealings with the state, as soon as additional lines came into the system, and gradually the company solved it more to its own benefit. This is accepted as a natural procedure, but it soon began to concern sums of considerable proportions.
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Where did it happen?
Domestic News Details
Primary Location
Chicago
Event Date
Oct. 16
Key Persons
Outcome
bill for approximately $3,000,000 in unpaid compensation
Event Details
Governor Deneen will present to the directors of the Illinois Central Railroad company the bill of the state for unpaid compensation running back for varying periods from six to ten years and amounting to a total of approximately $3,000,000. The issue is mainly a distribution of earnings where shipments are made partly over charter lines and partly over lines free from the compensation requirement. The company is acquitted of intention of wrongdoing. The question arose early in the company's dealings with the state and gradually the company solved it more to its own benefit, concerning sums of considerable proportions.