The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-10-31
PRICE TWO CENTS.
RAILROAD MEN EXCITED.
THE LIE PASSED BETWEEN A. r. HEW-
lit AND HM. o. MCDOWELL.
A Lively Passage In the Meeting TO Reorrrn-
Ire the Montcinir and Greenwood Lnke
Company-Thc New Hoard Of Directors-

A Lively Passage In the Meeting 20 Reorrsn-
ize the Montciair and Greenwood Lake
Compapy-The New Hoard Of Directors
The Montclair and Greenwood Lakc Rail-
road Company was placed in the hands OF Re-
ceiver Carrot A. Hobart about two years ago.
Considerable dissatisfaction was expressed by
the second mortgage bondholders. Finally the
original stockholders Of the road determined
that the road should be sold. and it was put up
10 be sold by auction in Taylors Hotel Jersey
City. about three weeks ago. Abram ). Hewitt.
representing the first mortgage bondholdcrs.
bid against VI. Al. Benson. who represented
the second mortgage bondholders. Tho sale
was adjourned. under advice Of Courtlandt
Parker. ESD. who acted as counsel for the first
mortgage bondholders. and who is also the
20 inscl for tho Erie Railway At the adjourned
sale Mr. Hewitt bid up to sl5G.000. and the road
was sold to him. The Purchasing Committee
consisted Of Cyrus W. Field. Abrnm s. Hewitt.
and John y. Dumont. This committee ap-
pointed as associates Courtlandt Parker. r. W.
Parker. Charles L. Perkins. Smith Ely. Jr..
James Hall, Edward Cooper Edward LIVING
ston. II. 4. V. Post. Daniel A. Lindlev. Charles
Hewitt Z. X. Goodenaw. W. S. sheldon. +. Ii.
Miller +. J. Stone. and George j Rice. These
gentlemen met Yesterday 70 reorgnnize the road
under the scheme devised by the Purchasing
Committee and submitted by Courtlandt Parker.
Hotel Besides the members Of the Commlttee
and associates, there we're present c, NJ Jor-
Receiver Hobart, George T. Stearns, and ex-
Secretary William o. Mcdowell. Mayor Ely
Parker. T and DC {. L. Raymond acted as Secretary.
Mr.. Parker read the plan OF ronrRan nizaton. and
senting the second mortgage bondhoders, pro:
tested against tho scheme, He maintained thai
neither the members Qf the Committee nor the
asssociatcs had any authority to act.
Mr. Parker Interrupted Mr.. Stearns. saying
that he was out Of order. aad Chairman Ely sus-
MIR. Mcdowell then protested. declaring thai
'hS whae s, 6HsneSY uS as n NJ SSd eg saI no
right in the meeting. Then Mr.. Mcdowell was
told 20 sit down. under advice Of counsel. Mr.
Hewitt copRiinueI his reply to M Mr. Mel, MeDoge
The Mayor raped for order. and Mr.. Parker
added that a Board OF Directors should be
Mr.. Hewitt then proposed the following Board
9f RiTgSi2TG A9snhEam sh HheTt VT Cyrus
J. Tilden. Hugh J. Jewett Col. B; W. Spencer
Edwin y. Morgan. and George J. Rice.
JGrdGn i2r tne ssf9nd re mSTtgSgs 6ond
| serve. He did not recognize the power OF the
committee TO act, and only fifteen minutes ago
had told him he would not serve.
While the vote was, being taken Mr.. Hewitt
crossed the & r. ami spSSsd III hS.9d Ts% DIS as
elared that Mr. Mcdowell was common liar
liheller. and blackmaier." .
Mr. Hewitt approached him, and Mr. Mo
| Dowell exclaimed as he backed away, DOM
hit me don't hit mel Donty lay your hands
Then Mr.. stearns placed his hands on Mr.
Hewius shoulders. and told him to respect
=" do respect myself" said Mr. Hewitt; but
| no man like him shall call mo liar"
| In the mean time the vote had been counted
and the Board Of Directors named were de-
clared elected; m The name Of the road was
| changed to The New York and Greenwood
| Lake Railroad Company" with 81 900 600 CAPT