New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-10
LOCAL MISCELLANY.
NEW ERIE DIRECTORS.

NEW ERIE DlRECTORS.
RETIREMENT OF Q. l. M. BARLOW AND MARSHALL "
ROBERTs-y. .. BROWN or PORTLAND AND j. l.
WALSH OF PHILADELPHIA SUCCEED THHM-Ah
BAKLow's REASONS ron REsiGNIE0.
The directors of the Erie Railroad Company
met yesterday for the purpose Of eecng the change In
their organization proposed By Sir Edward wafkn the
rcprc.entatve OF the English bondholders and stock
holders who has just left this country to report to hs
constituency Sir Edward Watkins wishes having been
made known to the directors they oil sgnfed their Will
TO resign order that directors who might Do
known the special representatives OF the Engnsh In
tcrests should DO elected to Ill the vacancies 1t was
decided that tho designations Of three directors only
should be accepted and yesterday Samuel L. NJ Barlow
aud Marshall O. Roberts retired to mako way for j. b.
Brown OF Portland NO., and J. Lowbee Walsh Of Phila
delpha The third place has not yet been made vacant
The following Is Mr.. Barow's letter OF resignation;
The Hon. HUGH j. JEwErr, President of ne Erie RdiraY
ward Watsln ga :is cJrntry communicated TO MIN my
d, sire TO Zee gn director OF the Erie Railway In
co,,snuna ion OF this intention teAdered my resgna-
fion at t last 81 nd meeting, but partial perhaps be-
cause OF your absence and possibly In the hope tnat
mi sht change ms mind and remain in the Board my as
socaies refused = accept my ressnatSnn
While dccy grateful for TINS ana man, nj nv SG co
directors must ask you again To- lay my resignation DC
fore Your Board at the next mea ,s ac 70 SrcT u r
sonal to myself At the time OF the election OF Zen DA
u the Preeidcncy Of the road was compelled Dy creu
,hs ecc"n few weeks afterward Il seemed necessary
that should continue in this POSITION though l Pre-,
fcrred tO have part in tine management Inc
which were originally urged upon me were r.
year, and in July last when represented nearly one
nall OF the capital stock OF tine oI ." me d.
rec;ion; but again yielded to your suggestion ana n-
sented 10 remain for short tln,; chisny ~ em VI b
fact that the English ownels would shofuy "p'e" "'''
through responsible coniinittee. -. Art. ., ,,ron
For The first time the actual owners OF this great prop
81 c.,Itv
and i.s 10 me Tie proper Time 10 eur
rsDJ.r tie t,Is which ha We for 80 long period exc
c1tcd tJ the best OF my ability, behalf OF large
body Of constituents To whom ain personally unsno"h
NO have already adopted the SUGGESTION Oh ar fuwu
Wan that the foreign Stockholders shall DC repre-
sented by turee new directors anu though ihDoW MA
oi The Board IL ready to mako rooh l1f ,c
more immediate representatives OF the owners OF thiS
properly, must ash that may pe ono Oh we tec poi
United e reegn NY are ase
to my dn,.es director Tis alone - sufficient tc
son for INV c,irs, bi would not retire nat Tor
tie urier fat that the coria and pleasant reiatiohs
established between yourself ana the directors ana lAc
real owners OF TINS property Will reiieve Jou from inich
anxc,y and renter my further assistance as director
Ne,c- York, sept 2, 1875. SAMUEL l." Al. BARLOW.
To this Or. Jeectt replied is follows:
EluE RAILWAY COMPANY, PLEsIDESr's OFFICE.
g. L. NJ BAhLow, esq ., -. -,
MY OsAH sh 1 III reccrps OF fo% rs p1e,or Of
IA. Company, t. take effect as OF ti.s date.
know your expressed 'csie ron TINE W
time since ny connection with .nc Company to retire
from 6o.rd, but ior reasons when nav
t y;l "A or a. you nave urouccd the subject, nave
urged the osi poncmcnt of such action by You u some
f.sule tine; ana when at the idst election
you proposed leave your name oil tde ils. OF directors
/ ,l.a uo. think t.iat, la view vi SURROUNDING cfcih
sncs IL wa. jdsl yourself OF 10 tue oe, members
OF ac board, that you sio' 10 So Ihcreioc a5a,n
nrrri a postponeinent. Knowing. however. that yonr
connection with those oI COUNSEL Oh
Lie Iuin.tuS, yOdi tlo very largely, ana "p.fc
ang c other criOns wnich yOd haye c"innli
,a to me- canLUt insist loh Your REMAINING
III Iue Hoard VIII therefore, atJuuSd IL - very III
uic,,nt 40 part with you, Recommend me acceptance OF
YOU resignation. Very respectfully. .
Ii. Il. JEwETT, President.
JOIN Taylor Johnston offtred The following resont On
which was s,conded by Homer Rainseil, and adopted
unanimously by the Board:
Whereas, Mr.. =. H. NJ Barlow has found it advissbic
for esiOna and otner REASONS 10 withdraw o t'e
Board OF Directors the Erie Railway Company anu
Bheeds, A communications iron tc Prtsdeh n'.s Deeh
pres, ed tbs Board expressing his regret at lls
neci ssi,y and recognizing no 0nS continued anu can
cenI services Of Mr.. Barrow "a q director; .
AesUirei, I hat tns Buud hcarhy sympathiIcs WIN
tie III his expression Ol Icrrc Contained III LIS
L. rr q. tbs d.lt MpOli Mr bal lows IetIreineIt