The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1881-10-27
THE NJ, L. s. & W. RUPTURE.

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holders. Nothing definite, however,
could be ascertained at that time relative
to the truth of the rumor. During the
latter part of last week the rumor was
again revived, and yesterday Daily
Republican reporter was enabled to sift
the entire matter, and to formulate the
rumor into certainty.
At recent meeting of the directors
and stock holders of the road, it is under
stood that General Superintendent 81. G.
81. Reed handed in his resignation. The
latter was made at a time when the con-
struction work most needed the serious
attention of supervisor. The business
of the road was also pressing, and under
those circumstances, knowing at the
same time the efficiency of the superin-
tendent, the board refused to accept the
resignation, and requested MIR. Reed to
remain, increasing his salary at the same
time. The Milwaukee, Lake Shore i
Western stockholders have now been
called to meet again to-day at the office
of the company in New York, and they
will be called upon to act not alone upon
the renewed resignation of Superinten-
dent Reed, but as well upon those of
several other of the officers. including
the final resignation Of the general freight
and passenger agent, MIR. F. W. Whit
comb, who has been connected in this
capacity with the company for over ten
years.
The reason for this action on the part
of the officials were given to Daily Re-
publican reporter by one of the officials
as follows: "We have been overworked
for the past two years, and the thing is
now beyond all endurance. 1t is, and
should be. recognized as fact that the
road is now no longer in it's infancy
We are already welding considerable in
| fiuence in the development of Western,
| or rather Wisconsin, railroads, and our
company has become factor and not an
unimportant one on the New York stock
| 6AcuduR6. 1uS 1dCG 10 Iudt We dIO llO
longer able to wear our swaddling clothes
and we must don mans garments. We
are cramped here. We are attending to
both the business and construction work
of the company at the same time. Our
duties arc so manifold, and have become
so onerous that division of them is alb
solutely necessary. The rumor is cor
rect in claiming that the managing force
of the road will be increased. l under
stand that some action to that effect will
be taken to-day at the meeting of the
stockholders of the company in New
York. The rumor is wrong in claiming
that there will be new deal all around.
That, of course, is impossible, as the
greater portion of the experienced sub
ordinates will have to remain for some
time at least, and will, can say certain
Iy, remain almost without an exception
There will neither be any change in two
of the departments as far as the heads Of
these departments are concerned, altho
associates and assistants will probably
be appointed in all the Offices" A mum.
Der of changes have already been made,
recently, without any official notification
1t has been the desire of the directors
that the treasurer of the company, al
least in name, be at New York. Mr.. AL
lyn Cox was therefore superseded by the
wru,r utrre1 t,G INV 1GnK; anu .11rr MIR
bone was given the title of cashier an6
paymaster of the road, with Office ir
Milwaukee. The latter appointment was
noticed at the time in the columns of the
Daily Republican. The resignation Of
the efficient superintendent was explain
ed to Daily Republican reporter yester
day, by one who is well acquainted will
the sinner workings" of the road. IL
states that while large amount of WORK
was demanded of Mr., Reed, bis author
ity has been limited. to large extent; ant
although at the head of the management
of the road in this city, the authority
given him by the Board of Directors has
| been continually kept under restraint
| Mr.. Reed is certainly recognized as one
of the most efficient railroad men con-
nected with any road in the West, and
possesses an understanding of Western
railroading that it seems Eastern specu-
lators cannot appreciate. 1t is under
stood, that if offered the position of gen
eral manager of the road, he would still
remain with the company, but under nc
other circumstances. Mr.. Whitcomb, il
is understood, has intended resigning foi
several months past and his resignation
is final. In Mr.. Whitcomb, the road
leses one of the most proficient business
men ever connected with it. He has
during the time of his connection with
the company established reputation fol
mercantile sagacity and honesty OF en-
deavor and purpose, that have won for
him the high regards of all those with
whom he has come in contact while at
tending to his departmental duties. II
is understood that Mr.. Nhitcomb intends
starting in business here It is under
stood that among those officials who will
remain here Is Mr. G. F. Rand, the pres
ent auditor. Mr.. Band ia recognized
among the railroaders OF the country as
the youngest official connected in the
capacity of an auditor with any road and
his efficiency has been proven in his
management of the accounts of the com.
pany.
The president OF the company, Mr..
Rhinelander, is expected in the city next
Friday, and will inaugurate whatever
changes may have been decided on by
the board of directors at their meeting
to-day. Who the successors of these
officials may be is not yet known, and as
far as could be ascertained yesterday,
nothing had been decided on in this
respect.
When the rumor of a change in the
management was first circulated among
railroad officials here, the old project OF
the lease OF the Lake Shore by the Wis
eopsin Central was also again revived.
Although sn old affair, the facts OF that
project are not even now known outside
of railroad circles. About three or four
years ago the trustees of the Wisconsin
| Central and the then directors of the
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