New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-10-12
BALIluoRA AyD OHI0 RAILROAD.
Election OF BOARD or DIRECTORS AND OFFICERS
SECESSION OF NEW-YoRK PR Ky HOLDERS,
And HE CREATION or \ NEW BOARD.

SECESSION OF NETWORK PR Ky HOLDERS,
AND HE CREATION OF NEW BOARD
[BY TELEGRAPH TO TIE TRlBUNEl
CINCINNATI, Oct. 11.-At the ONO and Mis-
sissppi Railroad election tod y the NeN-fork party OF
proxy iers, wiO were ia the minority in number
made protest against tae Baltimore and Cincinnati
pary because the LATTER with their Chairman ard In
spector of Election ruled out the New-York proxies en
trely on the ground that they did represent stocks
and bonds but are merely held by New-Yorg brokers.
VIII le the socurts in the hands Of the Garetss
The transfer books in NewIork do not show the transfer
BECAUSE the road having been in the hands OF Receiver
none have been entered up for eleven months past In
the of much hot talk By the lawyers En- johnson
representing the B,tm Cincinn al ptry, aud ny
Crawford representing the NcwY0rk party, the motions
and exceptions the Latter ruled out OF order and
returning board board OF inspection OF the election
appointed consisting OF Messrs HOnsey sloan and Mack
This board reported against the NewYorS proxies held
by W. d. f. Mnusc, o. D.Asniey, IL ~ Day Henry Crlw-
ford and Taco Galley and against the Springfield branch
interest representa- by VI. H. Boodgood. Toe following
named gentlemen were then declared elected having
been voted FOR by the Ralti Cincinnati marty VIII
liam Whte Wright ir., W. ". Scarbpr'uS = Adrian lsen
IT, 7. q. Meier, Il. VI ef. Ihe following from the New
York parry was READ:
VIDE Mnse, W. II. NJ. Day, W. II Bloodgood, anu
Il, a. c,x a, ri,langs me ii M Of Robert Garrett 20
W. H. CoA, W ,'a' t i al bis.t am th. nr,s.n.
ration of cert uu certificates of stock IN tn" OliO
ami Mississippi Railroad Company. because First
evidence offered he showing that said
bet Garrett il either the owner hcrpf or has any
hitherto proxies from their owners SecJn Dlank trans
ers of certificates admissible to contradict the regis
try act; Third, There Is no PROOF at san Gitrcu ls
been either ic holder OF said certificates for
fifteen LAYS prior u said election
4 motion To adjourn now made and put. Mr.
Craw ford Objected, aud the majority pdrly-not under
standing tine point, and falling 10 yote-the motion was
voted down. Nj. Crdn IOid Lheu arose as II 10 make
speech aud aaid Before that notion IS IN -
At 1s P eo sShe Mr. o S moved TO San
anu the notion prevailed, the minority, however, ung
no. Mr.. Crawford immediately sud: There having
been no Orgdnlzcd lneetlhs WIN auF egu cual man.
move that Nh. Ashley be cnairnan 0f The meeting oi
SO knUldcrs" Mr. Johnson, he WAS passing out Of
room with che majority graDDel Tue sockDooK anu
passed 70 out, with tine remark They shant nave that
,ly,n '.,res.,t and il pr'yeI NJ. Aaliey took the
chair With "A meeting o. hair doz N gentlemen.
suaep"P. Of election MIR Thomas Emery ~
manned in the room and an eh,rt was made
and d1ally lett the meeting. Inspectors were
appointed follows: W. IL. Cox, w. D. F. Monise ana H.
bv A yIte representing SI46l36JO III 900 shares u
the stock and 29i6 900 OF bonds d. Minse, Of New
York W. ID. Grswold, OF St Louis, o. ID. Ashley, o. W.
YurA Henry Crawford, OF Illinois; Tho men voting
were o. d. Asuley, NJ H. Bloodsood, W. ID. f. Manisr,
H. ~ pay Hany C WI, 4S aH1 leolOre '@]ey t"e
W5nrsas lin Ir the law OF the state Of Indiana gov
crnug tus corporation II IL optional vita the stack
holders either classify the directors or eject full
board az each auuuh meeting; -ud
Wnerea The law of dir, ctur, hs been repealed and
Whereas 1le law OF Ohlo indiana aud Illinois all ali-
thoz the Ia annual meeting ass moed. To
therefore
Re,oired That tho stock and bOndnodeTs viii no
longer any action under optional ana repealed
Ciasslfcati law, and lescmd any acIiOn her tOfJro
by any 30 nd OF Directors under sucn laws adopt
INK the same. And IL is tuttncr
ResOiref That for good and sufficient reasons, tho
number OF the Directors OF the ONO and Mississippi Ill
road Company reduced thirteen 10 min, uuder
tne authority OF the laws aforesaid aud chat tnis meet
ing now proceed tine eecuu OF ye Other persons tndn
the four Just uaOte for. 10 dir, ctOrs for
the term OF one year.
The passed In accordance with tins the
following eltc,ed directors: NJ. A. BloodgOud,
Frccricl Mead, Robert 5 Cutting. James NJ Harlshorn
aud Peter j. ODOnahue. Mr.. o DOnahue was mentioned
A. a man holding $1,000 shares stock, ana
Eho wll nght. Some discussion now In
upout adourniug 10 New-YUrR. Legal points were
raised, but air. Crawford decided that IL could
be done; that meeting would be fully legal there
on the line of the road. Tie meeting finally all
ionrned together again at the OIce Of the cOul-
pany In New-YOrk
While TINS was going meeting OF the Board OF Dr.
recor elected AT the first regular meeting, was being
neld u the room below. The following were eeced:
Iresident-GeneIa al Lewis Is. Parsons, OF Illinois.
SecrslIrg-Mu NJ. Walton, OF New-lOrk.
TreasureT-Cnafcs 5. Conc.
AudOf-E X. Rannett
Fv..ee OomBsittee-J. Perrepont Morgan, Robert Gar
reIt and WIN. WnIte Wrlshl,J E
Atuiitng COnmlHee-F. W. Tracy, Theodore u. Nelr
and kcnner Gerard.