New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-11-28
LOCAL MISCELLANY.
ERIE DIRECTORS REFLECTED.
OVER HALF A MILLION SHARES AGAINST sNALL
MINORITY.


MINORITY.
The old board of Erie Directors was re-
ecced in this city yesterday The only opposition was
headed BY Thomas p. Fowler, of this city, WAC repre-
scnted the Mcenry and other interests oIpcsen 10 .o
present management The opposition voted 'uo Iceu.'
ticket except H. J. Jewctt, Homer Ramsdel' H. u s'eD
bins aud G. ". Hotchuss The official returns Oh tue III
secors gave the number voted On for the veg
mar ticket at $50 9O6 and 115os opposing. Inc to
number OF shares outstanding Is s6o,SZs
About eleven O'Clock two very large bundles Of proxies
werc laid on the table which 1t was announced MI
Jeyyett proposed TO vote. Mr. Fowler oNee'eu o 'no
following grounds: That the shares did not stand regis
,d on the transfer books in the names OF the persons
off ring TO vote thereon either person or 10y "oXy
that the persons offering TO vote thereon were not inc
owners of such stock that there no proof thar the
nroXv offered by the attorney. who claimed vote there
On was sgaed sealed and delivered 10y the persons nav
ing possession control of the stock ceruhcates n
Fowler also made the following statement to the IN
By properly authenticated and legal powers Of aor
new and In person votes are offered at this eee
ton bv cay % protest upOn Erie Railway shares oN,u
in this city, for opposition ticket comoSeI o ~
and good management OF the Erie COMPANY, III M,oso
hands its Affairs. II intrusted ana assumed Woui at ~
Csty and disinerestedy administered or tlv ,tta, IL,
ali parties ia interest Ius statement - 10 ,,- a.
writing, that no false motives NAV pJ the yotSs cast
signing persons 10 such action anu ms ,d C,,
,nrrey lIv way Of protest ialscy repreSt neu ana con-
sie,a 70 e tTnsi6 on The part OF those various and
large interests opposed to recciyershp foreclosure anu
After the transfer clerk had testified ne objections
were ovcrulcd and Mr. Jewctt, voted on 44S's shares
in one block Of waich 1880 shares were hed ~ n'
wallace * Co and COO shares by Kuhn locD 20 hf
Jewftt subsequently, voted on about 10000 aodWonai
shares or The total nunbcryoted 10y hun about lot'-
600 shares were held IN tins country. ,
M Fowler stated last evening that there must DC
some mistake about the number OF the opposition STAR
voted He voted II 66l shares. ana Anthony wa,
lae voted on 900 shares, which thoY had Sc tc u
HE names above mentioned, but had nos substituted
others Nlr. Fowler also voted on lO,OOS sh1res on
which he had scratched the names above mentioned ana
sllbstituted the names OF A. +. D. Martin A. Naach'
Jacob Vapderp0cl and 4. c. Romans Greenleaf, nor
MS & Co and Others also voted the latter ticket On 5OOO
shares. a.. a.. go.
Mr. Jewet submitted the annual report for the year
ending sept 80. 1877. IN the form prescribed Oy We
STATE Of NrWNcrk. more complete report VIII Uc SUD
mIfted 10 the stockholders IN short time Inc Vsii
ings from al sources, Slj436.31S o. OF WINCH
Si4 7OS.sS9 ~ belonged 20 the kro kal"aS PROBE
TIE payments for transportation expenses WelSl oSt
$40 so. interest on the funded debt, SSOI-1Oi %
rentals of leased lines S67S3f5 80; expense OF foi-
conizafioa S367s4 30; and all other items so
900 II uaknca total expense account ot ~ fo a.
Thedefcit a~ lus given 60 - 30l OSf 81 blt bonded
Interest u default during the ps YEAR Whlci wa III
cluded the paid, was - 1o'S-ui so 'l,t Lre
years opolatlous left an apparent surplus OF D.,
S35 40 The total amount az funded debt was me same
as nv the lost report S5f27lsl 81 the nOaing deDt
was 81 So ZIG H. increase OF @1-Sl00 20 duiIhS
the