The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-09-10
THE NEH DEAL IN ERIE.
The Resignation OF =. l.. Vi. BARLOW and Mar
shall d. Roberts as Directors.


The directors of the Erie Railway met
yesterday. Mr.. Lucius Robinson presided. and
the directors who attended were Hermann H.
Baltzer, X. suydam Grant, Solomon ;. Guthrie,
John Taylor Johnston, Louis II. Meyer, Asa
Packer, Homer Ramsdeil, Lucius Robinson,
Samuel Sloan, ana Henry q. Stebbns.
n letter from MIR. s. l.. NJ. Barlow to President
Jewett, Offering his resignation, was read as
follows:
ne lion. Rugh j. Je,oer Iesideli n iie ere Iiody.
DEAh SIR. hmm dlatcly after the arrival OF cir I'd
my desire TO resign Director Of tue Erie Railway
e. IsnmmatSa Of thIs ,ienlion tenaered ny
prhaps because of your absence, ana possioy In tue
hO mat might change ny mud and remain IA the
board. my associates unanimously refused 10 accept
While am deeply grateful for this and many other
similar marks n the confidence ana esteem ofmy CO.
neiore your board at the next meeting aud that
Ny reasons for this course are purely personal to
At the time Of the election OF Gen. Dix to the Presi.
dency Of the road compelled by circumstance
then controlling TO accept place as director. AT he
that should continue In this position, though IRE
sons which were originally urged upon me Sere re.
psaiei rom YIN. 90 imr; unit your election IN lS,t
halt OF the plti sfocs of The cdmpsnv PROPOSED TO
you 10 elect new board leaving myself oui of tie
direction, but ~ m welded 70 our suggestion, and
hy lact nat ne Ehs ISL o~nets would shortly appear
a
lut the hrst tiWr the actual owners Of this great
T. lieip are pr cuctN prcrtnt thrlu h SIR Edward
WafAlu aud ais ustU clatUs, and THIS seems TO the
proper tr tu surrender ihH trusts which have for
long period execute ed Go the best Of y ability he
hlf - large body of constituents, TO whom au per.
We have already adopted thc suggestion Of sir Ed.
~et. N.tain, thtt az" torrlgn stockholders shall Ice
lr' scented 10y three new Director and though know
That rach member of the board ready maze room
ior DE more immediate representatives, of.the oNIcrs
90 lAg PROPERTY. must urk tuut be the
three permit ed 10 resign. My profession engage
ne fs ar uCh that cannot, Without neg Getting th'in
trupnry attend To my duties US direct. Ih- alone Is
tire hut Tor the further TACT that the cUr dla and
pleasant relations established between Yourself the
cir tuUu and be- zeal uWutr- Of tins property vii re-
heNeSuu from nu anxiety. and render nv further
tl.t ace as u dittctvr quv unnecessary. ! AIN slr,
yours very truly, sAMttL l.. NJ BAELoW,
Af,or the reading Of the correspondence be-
tween ntssrs. Barlow ana JeWett. the following
lredmhlcs ana resolution were passed.
WARNS, Mr.. s. l.. w. Barlow has i,un 10 advisable.
for rruif- iona ami uth rrrtsuus, TO Withdraw from
We huld ot Directors ~ the E.lC Railway Company
ANA
Ha.r,rs. \ communication from the President has
httl pre- tAfcu To tls tuHru sslug ls
us Necessity and recon-. 1ns the lltscuAtuued aud
tniritnt services Of Mr. BARLOW ns a dir ctlr.
Fff. mat THE board upiItly $ uIathxts with
the President ln h expression ui regret cont lined in
his set "a OF this date upon Mr.. Barlow 3 retirement.
Mr. Marshall o. Roberts, VINO IS IA Vermont,
tend'red us re isnatlou by telegraph, anu Il
wa accepted.
Messrs. j. h. Brown Of Portland. Me-. and l..
Lowuer Welsh ~ Philadelphia, and a member Of
the urn Of :. W. Welsh, Of a Beaver street,
ine English stockholders are entitled o. anJtuer
If ufft