New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-06-24
RAILWAY INTERESTS.
THE CENTRAL OF NEW-JERSEf ELEClloN
THE GARRETT GOwEN PARTY ELECT III" fi"''
BOARD OF DIRECTORS IN SIX YEARS

1
| I'm a small dingy room adjoining the ferry
slip OF The Central Railroad OF NcwJ.rs"y. In Jers'y
CITY, the annual meeting Of the sockholri' VI YIN"
company was held yesterday. II was the hrS' '''o-
ton for directors since May lS76-bcior' INC 'o i"'
ton went into the hands of receiver some "''AN" B
there were boa sfu uttcranccs Of confidence o success
at the forthcoming election made by each sur III '"o
contest for cortro-thc old management and the Gar
rcttG en- party Within The last few weeks 1t became
known that the latter faction had secured MAJORITY
Of the stock Hence there was no opposition ~ INC
election and many friends Of the old directory east
their votes for the new ticket.
Among the prominent persons present at the meeting
were; l.. C. Knight president Of tho Delaware and
Bound Brook Railroad Company; +. y. comfy pIeST
dent OF the North Pennsy lyania Railroad Company :
Francis GOwen. the son Of the Reading presldeht A.
q. Richie OF Trenton; Theodore Little and Alfred
Mills of Morrisown, ~ J.; Charles Parish oi fhlladel-
phia John Keau viccprcsdcn OF the Central Of New
Jersey Company; and Rutrs Park Of New York. Mr.
Comfy was made chairman and John kean IT, secretary
OF the meeting II there lad been any doubling hearts
their fears set ~ rest Wnr, ~ the
first half after The polls were opened MI knght
east than 100000 votes for the new Ticket lho
tOial number OF shares OF stock ol the company IL
lSj.632 unanimous vote OF l3l,47 shares wac cast
tnr tbe following BOARD nf Directors Henry :. Little,
John Kcan, Edward Clark, Sidney shepard, samuel
sloan Robert Garrett, Frakln D. GOWcn. ihconort r.
dcnf of The singer Manufacturing Company. He for
merry director. but resigned 10 let NJ Houd lhto
the board MIR. Garrett represents the Baltimore aud
Ohio Railroad interest The only two menDefs Oh the
old retained In the new board are Mr.. kean ana MI
sloan II was doubtful first whether the latter w0nd
be chosen bur his name finally agreed upon
about "A meath ago. The mombers OF the Oh board
excepting exJudse LathTop, deGeasSdl VINO are
retired jay GOIid, Sidney Dllon, +, L. fIcInsh3
sen, BENJAMIN williamson Frederic A.. fo,tH' -. ~.
Haven John :. Barnes Al the election MI' n
voted 5000 shares Milton III. SANFORD VOtcd VOOo
shares sidney shepard 5000 and Robert Garrett 4o1V.
Tne VOC cast for Sr. sloan in his and for his
friends 5000 SHARES
The board viii meet on next Thursday TO Gnc9se
Little the present receiver VIII De eecteu
president and Mr. Kean Will be elected Nce-presl,,
dent Mr Knight sad yesterday: Tine new BOau
o! Directors cOntrOS between JUOOO anu oO'OOO
facilities enough u make afraiechouts
with he Rcaaing or the Baltimore and OniO or oven Mr.
Guu!d's Wabash combination. All can say about inc
policy of the management Is that 1t VIII seek 10 reduce
| expenses. increase receipts and pay DIVIDENDS MI
Knight said that nye .IgatOn into tho nuanc anas
would immediately be made preparatory 20 having sho
road released from the RECEIVERS hands lie "a' aaAtu
now large the companys floating debt was anu reped
| that dld know.
Perhaps you VIII lind it larger than you expected
| the reporter remarked.
mink not" Mr. Knight replied. Il can guess pretty
close to the amount, but may not guess aloud