Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-06-07
THE CHICAGO g. NoRTHwEsTERN
Triumph of the Vanderbilt Interest u, the
Recent Election.
rChicago Tribune. June 4. !

Recent Election. TO-
fGhicago Tribune, June T.
The annual meeting of the stockholders of
the Chicago & Northwestern Railway COM
pany was held yesterday at the company's
headquarters in this city, corner Kinzie and
Market streets. President Albert Keep occu-
pied the chair, and Mr. .M.Lsykes acted as Sec
rotary. There were 299, 19l votes polled, rep
resenting $29, 1910, 100 The proxies were held
by the following gentlemen: Albert Keep,
1872 $40 shares; NJ. L. Sykes, 81, 743
shares; A. G. Dulman, 3S,O45 shares; W. L.
Scott, 20,540 shares; r. P. Flower, 2,027
shares; personal votes. 1,166
The president stated that the annual report
had not been completed, as the fiscal year of
the company expires May 81, and it takes at
least month to make the compilations. He
could therefore only give the gross earnings,
which were as follows for the year ending
May 81, 1880: 4C
1S7S-'79. ........... IA, ST., 921 SO
Increase. 1851, 527 43
This is the largest amount ever earned by
this company, and of course the stockholders
felt highly pleased with the excellent show
Tag.
The following gentlemen, whose terms as
directors had expired, we're reelected for the
next three years: David BOWS, Sidney Dillon,
and John M. Burke, Of New York: Marvin
aughitt, of Chicago. Mr.. d. y. Mills. of
New York, was elected director for the term
of three years, in the place OF David Jones,
whose time has expired.
The following gentlemen were elected the
executive committee of the Chicago & North
western Railroad company: :. Albert Keep, W.
L. Scott A. G. Dulman, Chauncey NJ. Depew,
. Ar1r 2ahQlI SamnQl II RQrUpr and n
o. Mills Mr.. Depewi takes the place of Mr..
Dow, and Mr.. d. O. Mills that of Mr.. Work.
The election resulted, as predicted in the
Tribune, in victory for the Vanderbilt inter
est, which, under the new state of things.
will have almost as complete control of the
Northwestern as of the Michigan Central or
Lake Shore. Mr.. d. 0. Mills, the new d.
rector; is a strong Vanderbilt man, and the
two new members of the executive commit
tee are Vanderbilt. All the members of the
executive committee are friendly to, or identi-
fed with, the Vanderbilt interests, President
Albert Keep himself beisg a director in the
Lake Shore & Michigan Southern.
The following officers were elected: Albert
Keep, president; M. L. Sykes, vice president,
secretary and treasurer; Marvin Hughitt, Sec
ond vice president, general manager and
general superintendent. The position of Sec
ond vice president is new one, expressly
created for the purpose of hOnoring Mr..
Hughitt.
A quarterly dividend of one and three quar-
ter per cent. was declared on the preferred
stock and semi-annual dividend of three per
cent. on the common stock.
Subsequently the annual meetings OF the
proprietary roads of the Chicago & North
western were held, with the following result:
Winona and st. Peter NATURALIZATION,
Albert Keep, James II. Howe, David Bows,
A. G. Dulman, NJ Hughitt M. L. Sykes, Au-
| gustus Schell, W. L. Scott, j. B. Red6eld.
Albert Keep, president; M. L. Sykes, vice
president and treasurer; 8. o. Howe, secre-