Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-03-03
THE NEW RAILROAD co.

Arrival of the Eastern Ale mbers of the
St. Paul 3 Sioux City Company Prelim-
mary to Uniting 1t Under One Manage
ment with the Wisconsin Roads.
By the afternoon train yesterday there ar
rived from Hudson the railroad party whose
coming was announced in yesterdays GLOBE.
The party, which is domiciled at the Metro
politan and will probably remain until Friday,
consists of David BOWS and wife, Josiah NJ.
Fiske and wife, Mrs. Kennard, d. h. Bishop,
Benjamin Brewster and II. 2. Flower, all of
New York; NJ. Hughitt and W. 81. Ferry, of
Chicago; p. l.. Cable. of Rock Island, and =.
Sawyer, of Oshkosh, Wis.
As the gentlemen of this party are presumed
to include the principal owners of the about
to-be consolidated railruads-the st. Paul "
Sioux City, with its branches and its recent
eastern and western acquisitions, the North
Wisconsin, and the Chicago, st. Paul 4 Min
neapolis-a GLOBE representative sought to
learn If any action had yet been had concerning
the reorganization of the st. Paul q sioux Clty
company or the organization of the combine
tion into which it is to be merged with the two
Wisconsin roads. The gentlemen most able to
give the information desired were both pre-
occupied and reticent. The GLOBES seeker
after information was permitted to suppose
that the preoccupation related to weighty =
MATTERS OF PERSONAL INTERESTS
not yet balanced, rather than to any action
which will affect public interests or the rela-
tions of the new combination to st. Paul aud
Minnesota. And he judged that the nature of
the preQccupation was the only cause of reti-
ccnce. Parties authorized to speak both for
the St. Paul & Sioux City directory and for the
new parties in interest have repeatedly author
lied the GLOBE to say that St. Paul and Min
nesota have been fully protected IN the agree
ments and contracts on which the cOnsollda-
ton is based; that the headquarters
and center of interests of the combiua-
ton are fixed at st. Paul; and that
more than thel contemplated local improve
ments of the st. Paul & Sioux City company
will be made by the combined organization.
Beyond that, for the obvious reason suggested
above no more information can at present be
obtained for the public. If any doubt remains
IA to the purpose or effect of the new organiza-
ton, which may be removed when the new
officers are named, that doubt must be held in
suspense.
THE OFFICERS ARE NOT YET CHOSEN.
A statement in tine Chicago Tribune that the
combined companies will be known as the st.
Paul. Omaha i Chicago Railroad company may
be a shrewd guess or be made authority.
Bat the further statement that II. Il.
Porter is president, and William Il.
Ferry vice president of the new company
is at least premature. The offices named
have not yet been filled, nor can they be until
certain preliminary steps are taken. 1t is
probable, indeed, that up to this writing the
parties in interest have not yet determined
upon the personnel of their official representa-
tives and executive agents. They were in con-
sultation yesterday afternoon and last evening"
when it was understood that meeting would
be held to-day, at which the necessary formali-
ties of reorganization and consolidation will
be begun. Probably the first move will be in
the reorganization of the
st. PAUL SIOUX CITY
company through the resignation of the present
directory and officers, and the election of n
directory representing the consolidated inter-
ests in which St. Paul, or rather the present
company, will have two or three members. The
new directory will then elect new officers, and
these will serve to indicate if they do not con-
stitute, the management of the new company
or consolidation.
This, doubtless, approximates to a correct
statement of the present situation. And since
the action to be taken in the next few days will
determine the new organization, and the public
can depend upon the GLOBE to give the earliest
announcement of facts accomplished, the pub.
lie will wait patiently.