New-York tribune., 1873-05-29
RAILROAD INTERESTS.
pEPosuNG A PRESIDENT.

A
The meetings of the Board of Directors of
the Eew-York Utica and ogdensburgh Railroad, at No
II Broadway. have been very much agitated by Op
GRAFTON which resulted in deposDg President Henry
Cummins and installing another, Frances Billings II
appears from the statement OF Of its officers that
this Company chartered with capital OF 2 900,
for the purpose Of building connecting lines be-
tween a series OF roads in actual operation,
which would make the whole line extend
from this city TO Ogdensburgh, and draw freight
TO this city. which passes over the Boston and
Albany Railroad to Boston Tue scheme was altogether
too large its promoters aud II finally dwndled down
into the construction OF small road thirty miles long
extending from Trenton Falls 10 Little Falls, in Central
New-York Several of the townships which were to be
benefited by this road aid in the shape Of bonds
but the road has not begun yet Some time ago
dispute arose among twelve qualified directors over
thirteenth mot quaihed) and the matter being put to
one day during the absence o. the President, Henry
Cummns six OF the directors, under the leadership Of
Secretary j. Warren Lawton called on the expelled d.
rector removed Cummins, and elected Frances Billings,
on the oana oSL e ~ tOtner f5s Wea and one
densbuTgh Railroad 10 the New YORK, West Shore and
Who is in Albany are very Indignant over the matter
state the whole proceeding Illegal, and threaten
counter proceedings.
GOULD AND NORTHWESTERN
jay Gould is now said to be on the point of
leaving this city for the West order participate in
the election of directors Of the Chicago and North
Western Railroad Company, which win be held June
in Chicago. Ever since the remarkable corner" In
orthWestern astlwner the stock has been carefully
handled by the operators the Stock Exchange, 1t
being well known fact that tho bulk of 1t 10 held by
Jay Gould Horace F. Clark Augustus schel and others
The present directors John M. Burke A. g. Dull
man. George scott NJ. L. Sykes, jr., Charles X Mar
VIM Harvey Kennedy, A. H. Baylis, David Dows, X y.
Flower and Francis Il. Tows OF NewYork; VIM. L. Scott
| aud Milton Courtrlght OF Erie John r. Tracy, Henry
IL. Porter and VIM. H. Ferry OF Chicago; B. Il. Allen
! OF Des Mones, Iowa, and j. L. Ten Have Frzn OF
1 Amsterdam, Holland. The general officers are John
f. Tracy, President NJ L. Sykes. jr, Wee President
and Al6ert L. Prtchsrd Secretary and Treasurer It's
probable that will be very general change In tho
direction Messrs Gould and Clark wishing to be repre-
sented oy their adherents IS expected that AZ
inns meeting the question OF combining the earnings or
tbe North Western and the Milwaukee andet Paal hA-
| rosds wall come up for consideration
AN ILLINOIS RAILROAD CONFERENCE.
SPRINGFIELD, H., May 2S.-Yesterday the
Railroad and Warehouse Commissioners. the Governor
and General with counsel met In this city for
consultation general interchange of views was had
and the announcement made that tho Commits
sioners were in receipt letters from representatives
Of the Chicago Alton aud st. Louis Chicago and North
western ana other leading railroad companies OIL the
e1ate, askng Tor meeting with the Commissoners, at
tune ana place 70 De determined on the eud That
mutual understanding might be arrived at and express
ing their Intention OF complying with provisions of
| the new railroad law Of the state.