The Cairo daily bulletin. (Cairo, Ill.) 1870-1872, 1872-03-14
EXIT GOULD.
FINAL COLLAPSE OF THE OLD
ERIE DIRECTORY--JAY
GOULD OVER
BOARD.
GENERAL DIX ELECTED
PRESIDENT.

NEw-YoRK, March 1.-THE offices Of |
the Erie railroad were filled about noon |
to-day with policemen under Captain Pet
| ty, at the instsnce Of Jay Gould, who de-
| sired that they should be on hand to await
developments of the meeting of the board
of directors called to-day. The officers
were distributed in the different parts of
the building, beginning at the entrance on
| Twenty-third street, and from there to the
lobby and at the doors of each of the pri-
vate offices. Gould was IN earnest consul
tation with Mr.. Sheraman and David Dud-
ley Field. DIR. Eldridge walked up and
down the room and Henry Smith of Smith,
Gould Il Martin, showed great anxiety.
AT ten minutes past IL o'clock there
was hustle at the outer door. "A party
OF ten gentlemen pushed away the sen.
tries and were received by Frederick A.
Lane, an old bosom friend of Fisk, vt the
head of the grand staircase. This party Of
gentlemen were MS follows: General
John A. Dix, General George b. McClcl.
Ian, Attorney General ). NJ. Barlow
VIM. b. Traverse, II. l.. Stebbins, Charles
Day, w. w. Sherman & Co., and Justin
ID. White. These gentlemen passed di-
rectly through the hall to President
Gould's room and then passed into the
Directors apartment of the Erie road,
leaving General Dix, and General McClel-
Ian in the anti-room.
, The following nine, who comprise the
ma ority of the old directors, ordered the
room cleared and then commenced voting
for the new directors: Messrs' Hilton
{ Simmonts, Geo. G. Hall, Thompson, II. N
Otis, Archer Ramsdell, Justin ID. White
and f. A. Lance. They sent for Goulc
Sherwood, DR.. Eldridge ard Drake, who
., refused to join the board. Mr.. Garrison
4 Of the old board of directors was absen
A and Mr.. Sissons was sick.
AS the directors were about to ballo
. for Gen. Dix US new director, Mr.. Shera
/ man, the attorney for the Erie railroad
presented an injunction against any far
N Their action by the board. He was pushe,
:, violently out Of the room, and the injunc
y ton torn into tatters. In few moment
II Sherman appeared headed by Capt. PETIT
IS and forty policemen.
3. by what authority does Mr.. Shearma
appear in this room with crowd of police
r. men" exclaimed Mr.. Barlow, greatly OF
II cited.
r al am here by the order of Jay Goul
|. to preserve peace. But am ordered nc
to recognize you, gentlemen
= You, Mr.. Sherman, have no RICH
here. You, nor your secretary" exclaimed
Mr.. Lane; so take up your traps anc
leave"
Mr.. Sherman did not stir, but ordered
r Captain Petty to dissolve the board a
!, | illegal. Captain Petty demurred, and IL
a few minutes Mr.. Sherman left tn,
= room. Then the voting commenced
General Dix was elected director, theI
. Gen. Mcclellan then VIM. X. Traverse
Q then Mr.. II. q. Stebbins, then Gen Div
en-, then w. w. Sherman, of Duncan
Sherman Il Co, After that the board {
directors had everything their own way
Gen. Dix was elected president Of tn
Erie railroad in place of Jay Gould, o. II
p. Archer was elected vice-president "
Q w. Sherman, treasurer; IL. N. Oti,
i secretary, and John w. Hilton was II
n elected railroad transportation clerk.
; Mr.. Barlow now offered resoluto
that Messrs David Dudley Field an
y Sherman be dismissed rs counsel for III
y Erie road. This was carried, and s. NJ.
IF Barlow was elected counsel IN their plaC
D. both for the company and the Erie d
rectors. A resolution was passed that Il
treasurer pay no orders for money, ar
70 that all the employees Of the Erie 70,
IN should pay no attention to any but Pre-.
;" dent Dix and Vice-president Archer.
. was then ordered that every sub officer
F. the Erie road should be notified of the re
A. olution and instructed to disobey Gou
r. or the old officials. The board then a
=, journed.