Evening Republican, Volume 20, Number 174, Rensselaer, Jasper County, 21 July 1916 — MONON DEFENDANT IN INJUNCTION SUIT [ARTICLE]

MONON DEFENDANT IN INJUNCTION SUIT

Government Alleges That Railroad, With Other Concerns, Used Ingenious Method of Rebating.

An ingenious form of rebaiting is charged in a suit for injunction filed by the government in Chicago Thursday. The defendants are the Monon Railroad, the Monon Coal Co., Vigo Mining Co., Indiana Coke and Gas Co., the Bankers Trust Co., William Morris Imbrie, James fm'brie and Alfred M. Ogle, eoal mine operators. The Bankets Trurt Co. is named as trustee of the first gold mortgage bonds of the Mobon and Vigo Coal companies. It is alleged that the individual operators own mines in Vigo, Clay, Green and Sullivan counties, trainsferred their nrobcrtv to the Monon Coal Co., and that the latter discriminated against other railroads by granting the largest tonnage and the longest hauls to the Manon. It is charged that the Monon Coal Co. paid the individual defendants $750,000 of its original $100,000,000 capital stock and an additional lien on its $2,500,000 twenty-five year 5 per cent gold bonds. The Monon railroad is alleged to have paid the interest on the bonds since 1911, aggregating $500,000, and that this act is alleged to have constituted rebating. The injunction asks that this arrangement be terminated.