New-York tribune., 1872-03-12

The Hon. s. l. NJ Barlow elected 10 hl TOE W.
cancy occasoned by the resignation Of Cen A. r owen
q year ago.
Director John Hilton then rendered his resignation.
which was accepted. and William WATTS Sherman of
Duncan, Sherman Co., was chosen in his stead
Then followed In turn the designations Of Directors "
r. simons H. n. Otis. Henry Thompson aud justin ID.
White which were accepted and the following persons
chosen 10 FIJI the respective vacancies as they occurred
II. l.. Lansing vice NJ. r siInons; W. r. Travcr- Uoe
H. n. Otis; Col H. g. stebbins vice Henry Thompson,
and Charles Day. Justin D. white In resgning hi.
position director Mr. White also vacated BIZ Office -
Treasurer of the road, and Mr.. W. W. sherman w
chosed his successor, Mr. White being Immediately
elected Assistant Treasurer.
Mr. Frederick A.. I.ape then with smiling rounte-
nance and announced that be had the honor o rendering
his resignation director Of the Erie Railway.
motion accept the resignation made and seconded
before Mr. Lane had taken his seat, and ballot for Biz
successor resulted in the choice OF Gen. Owen.
former director of the road.
Gen. John A. DIX and $. l.. VI. Barlow we're elected
member. Of the Executive Committee TO fill vacancie~
on motion Of Gen. Mcclellan, the Hon :. l. " Barlow
was appointed seor for the Company and for tho
Board II Directors Judge J. x. Porter and Mr. W. "
Macflrand 70 remsu associate counsel Il was voted
that the present transfer clerks OF the Company b.
retained until further direction Of the Board also. that
the Treasurer and Assistant Treasurer be authorized Z"
nay no drafts unless codnersced by the NcePresdent
~ the Company, and that the employees OF the roah
rrrff
s,ard by the Ycc-Pr sident; and that tA's F-oa'"H
De certified nv the secrery sent by tie coaipan5'
tclr,ropl % al the cupioyc- " the road
REMOVAL OF JAY GOULD.
Mr Barlow then offered resolution tnat jay "on"'
the Prelca. o. the road "be and he Is hereby remove"
frorh his Office a. President of the Erie Railway ah'
from his position as director and member Of the ENecn
tive Committee" The motion was immediately ser
onded and without discissou adopted By unanimous
vote A motion to elect q President followed ana
Cen JOHN A. DIX received the entire nine ballots "a-
declared elected, aai escorted u The president
chair by VCcTrrsident Archer. Up tO this time Gouid
Police officials had remained IN the room but AZ the ing
.eston OF NJ. Barlow. that their further Attendance
couli be dispensed with. they LEFT. although Mr Shear
man secured the privilege Of having his scnograph'r
remain.
NJ useless sreech-aaking followed the election Of Gen
Dix a. President. but the Board proceeded imm'-
datev 70 the transaction Of necessary business n men
impressed with the respons bilty they had voluntarily
! assumed It va- voted that Mr. sherman the newly
elected Treasurer authorized to pay out OF the funa7
~ the Conpaay aay maturing debts which VIII be cei-
tilted by the Vcc-President. Mr.. Ramsdeh suggested
that the resolution read al maturing bills payable
! and 4 voted
,r, ,is,,r, Treasurer was requested 10 state 10 tho
Roard all the faaucal facts and statements concerning
the COMPANY. 80 far Is hc was able MI "Ae' the AZ
s!stant Treasurer. made report WHICH was reiu anu
| nj ced on fle Tie report dd not give hdtteunS eN
| HINT II tie condition OF the company e All" in' "'
considered il unldvisable to make IT pubic "a present.
The yacaucy IN the Executive Committee oAlseu ~
the removal Oh Mr. could filed by the election o'
" z Trvers and the President was directed TO lhor,
Mr. Gould Of his removal from the Office OF Fresueh Ok
the road ron the boart OF direction ana rom Io
Executive Committee: also 10 notify M,sSis. D'Iu DUN
lew Fi.ld and Thomas G.. Shearman that t1eF pr"leS
.nal services were longer required by the 'ohPauS-
In compliance With these ihstTucdons' fIeS'"e'' ~
| wrote the following letters:
PRESIDENT DIX TO JAY GoULD
OFFICE OF TIIE ERIE RAILWAY Co
NEW.YORb, Matth II, 1871
LAY GOULD esq.-DeGr Sir: AT regular heeln. ., ~ ,
po,rd ~ Directors of the Erie Railway company, beip
TyrJ,V "a fIll 0uorum ~ the Board being pr .ent yot
,ere unaulmOusy removed from the once OF fresIuSuo
- mis- board and Presid 10 Of tbs Conpany' ad -
ir1ns~ elected as such President IN your place anu
now notify you these facts by order OF the boaru
Directors, and demand that you s1a - %
airs aud documents in your possession hereIoore -
fh pres dent and that you further cease TO nteFers
With the due performance Of my duty as such Pr9sd0C
=" ~ JOHN A. DIX President
,.t s,,, time the following note OF dismissal WAS
I .cut 10 the former counsel or the Ring;
PRESIDENT DIX TO FIELD AND sHEARNAS
OFFr.E OF TIIr ERIE RAILWAY CoMrASY,t
NEw-YoRR, March II. isT1
Iressrs FIELD and SUEARNAS, and DAVID p'DLhf
ItrLp esy amt d. ID. FIELD, esq. -. d., ,
,-rSTIr rvFS; AT q regular meeting OF the bots OK
directors of the Erie Railway company, ~, ,,
whole Board being present was ti - attor
tbat Won and all other persons heretofore 'lc.-- "
-. or roInse Of this COMPANY elner upon "A 'l''
or a General retainer. be suspended, lhll ur '"t1r'
octi, of the Board and hereby notliy you u. ~ ~
49, ar ou brhlif oil the Erie RaliNdy Cunp.iy "I ~
he6aS ~ IL directors. for me as president ol 3d."
company io1''' JONI A. DIx, President