The Rock Island daily Argus. [volume] (Rock Island, Ill.) 1872-1873, 1873-10-09
The Rockford, Rock Island q
ST, Louis Railroad Co.
The Cable Management Sustained
by the Stockholders.
The Body Thieving Gang scOoped out OIL
Existence.


The Office of the Rockford, Rock Island
and St Louis Railroad Company IN TINS
city, was the scene of an unusual and highly
interesting excitement yesterday. 1t was
the annual meeting of the stockholders Tor
the choice Of directors, and the transaction
of such other business as might properly
j he brought before the stockholders
There was busy buzzing in the halls ana
rooms of the Harper House the night pre-
yious, and Yesterday, at the hour for call
ing the meeting to order, the depot was
crowded with anxious and excited people
To understand the situation, 1t Is proper 10
say that Henry H. Body, of New York.
one of the original builders of the road,
had been sued by the directors for SID
/, 600 of the company's money which he had
emhezzIed. and that he is in tight place.
II Is also known that his party, headed by
VIM Green, of Cedar Rapids, and W. Ii.
Merritt, of Desmolnes, partners In the
building of the road and in embezzling its
money, had been, for months at work get
ting stock or proxies with view Of max
ing fight for the board at this meet
ing, in order to change the policy OF
the road and settle the pending suits,
and prevent others FROM being brought
The stock owned by these parties is, 1t Is
n claimed by the Cable party, fraudulent
d stock. and the Gable party had procured
5 from Judge Peasants an injunction res
II training the Green party from voting Oh
d this stock, or selling or disposing OF 1t, anc
o recurring them to show cause why shoult
II not be set aside and wiped out, as having
been fraudulently issued and obtained. Oh
the morning of the meeting the Gable part!
~ became satisfied that they had stock enough
+ to control the meeting, and therefore post
i poned the serving of the injunction, pre-
n ferring to let the enemy develop himself
no When the doors were opened there Wa
IN some excitement, but order was soon st
, cured bv calling DIR. Calvin Truesdale, {
or this city. to the chair The Green part
20 soon learned new fact, viz That tn
directors had classified under the law
of this State, and that Of the eleven tt
terms of only four expired now. The tol
Ut are Ben Stickney. Sr, John Moses, q. "
'u' Gable, and J. NJ. Buford A ballot Wi
rs taken and they were reelected, beating Il
vas Green party by some ten thousand majol
- ty. Over $1,000, 100 Of stock was repr
un- sented 1t i, worthy OF nienh
= that the stockholders all along I
are line were very decidedly in fay
lsn of sustaining the Gable manaeemel
OS which has given universal satistacti'
"I During the meeting a strong resolution
''i' passed approving the action Of the Office
of the road in both the suits brought agail
Henry H. Body for moneys embezzl
reu and for profits for which he is charg
SOS with having fraudulently received fir
Vin- William Irwin < Co whilst he was tire
eld, urer of the road The officers W
mp M urged to prosecute the suits with the
Ohm most yigor
II. The following is a list of the direct
enc, and officers for the ensuing year
NGH DIRECTORS
mes R.R. Cable. c. Lynde, Mylo Lee,
NJ Weyerhauser, J. NJ Butord DR. e. Tn
mi. dale, Rock Island G. ". Gable, Hin
Nor Cable Davenport II. B. Sudlow [
Valley; John Moses, Winchester;
Stickney, Sr., st. Louis.
OFFICERS
the were reelected at a meeting of the Di
IS ~ tors. as follows:
riSoh President-R Il. Gable.
tele- Vice President-G. W. Cable
t on treasurer. Lynde.
saws Secretary-John F. Whitehead
vas After the election was over, an I'M
,y of was served upon VIM. Green, OF G.
, the Rapids. and W II. Merritt of Desmo
who restraining these parties and Geo CIR
make from transferring or voting upon the :
-o 70 held by them, on the ground that it
.asult fraudulently obtained, by reason of its
% tba Ing out of contracts made by them
briIt themselves, or with the firm of Wn
o o,r win 4 Co, in which they were part
nj mr. while at the same time they were {
sl,rd tors or officers Of the road. Suit has
been commenced in the Circuit Court
competent and responsible party, to 60
them to deliver up their stock to the
ate, pany The Body gang of Credit Mo
thieves are now in a fair way of
rats shown up aud rendered harmless in ii
il last ture
NJ - This result is signal triumph 70
J. NO present management Of the road, VIII
lder believed to have labOred faithfully f
b him. host interests of the comnanv an
out brought the road out of almost
poor mountable difficulties to its present st
must prosperity.
/. and