New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-01-11
RAILROAD INTERESTS.
TIE READING ELECTION.

PHILADELPHIA, Jan. 10.-At 10 O'Clock tins
morning Mr. Dallas the Master appointed by the Court
TO act chairman ~ the annual meeting OF the Pha-
deipma and Reading Railroad Company called the
meeting 10 order and announced that the voting |omo
be proceeded with The chairman thought 1t best 10
avoid taking formally, and The voting was pro-
ceeded with. While II was going on MI Buitt OF the
McCalmont- Bond counsel offered certificate o' the
sale OF the 500 shares that D. Baumouns proxy ye''eI
day assigned to the support of the Go"en ucAet
produce this certificate" said Mr Butt, IN ofucr 10
show that that stock has been sold Mt GO"en' III Ie-
ply, sadi Z" have Information that parties nave oor'
rowed certificates for the purpose Of coming here claim
ing that the stock thus represented lad been sod 40
not know but that this Is ~ illustration Atter some
further discussion Mr. Gowcu said ne would telegraph
over and ascertain auhortatgey If me BaInaHh S'ocA
had been sold, and II he cargci that It hal been ne
wou1 Withdraw :he vote The voting vas then proceed
ed with one oi the first bcir. that Of ex-senator simon
Cameron for one share IN the Gowen interest.
Receiver Gowen was asked 10y reporter what he eX-
pcccd his total vote TO be, and lc replied expect
to have 100000 votes including those oi stockholders
who viii vote FOR me personally, bat whose proxies
hold" MI Gowen also stated, at later hour that he
viii poll by proxies 100 600 votes, exclusive o MI bh-
dorblts $1,000. 10 places the total number OF eu-
franrhisad sliarcs M 100000 Augustu9 SChcll, who
Represented Mr. Vanderbilt, present all the m1rnl
lit ofthc NcCalmout counsel edccucd TO state either
how many shares lie represents or how he VIII Voe.
Ira sh,Gcr who Nj. Goweu said lad been 1IGssnC ,,I
from NeW-Nurl for the express purpose OF DatA-
guarding him, Was also present all the morning.
At 5 y. m. the meeting Adjourned uhtl ~ q. IN 70
morrow, the last vote poied being number CJI oI Will
7J cast Yesterday leaving 81 the tOtal huDtr
cast during the day. All the votes cast today were ~
Mr.. Guwen's proxies representing n the negn0orho"l
OF about - 900 sharra Including thc shares Voted on
Yesterday the total number voted on thus Tar Is not qe
1000, OF which within fraction OF 1000 sharss were
FOR the Bond ticket. -, -,
Mr.. Schell did not vote the Vanderbilt stock Nj ira
shafer, Of New York, who is said to hold MI jay b"
proxy $500 shares, absent IN the afternoon IL
l. generally understood that the Bond party VIII PIT NJ
SAarcr ,dnsi Receiver Gowan in any dScusSVe tils
that may be needed, and lively passages between lch
anticipated the business proceedings are re-
suMed.
The Judges at intervals during the day announced hat
the reception Of proxies would bc Interrupted II ay
stOckhOder desired To- vote personally but there were no
responses the entire day being devoted TO the reception
Mr. GOWen's proxies. There IS stronger eenhs OI
confidence than among the Go"en party Uut tue
Bond party also retains its confidence -. ~,
Lnfr-ft f. stated that the 10000 shares OF Readlng
stock owned by Mr.. Vanderbilt have been offered 10
the Pennsylvania Railroad Company, kldder PedDOdy
Il CO.. and A. J. DreXel Co.. AT present market price
None OF those approached, however were dcsiroUs Qi
becoming purchasers. Mr. Vanderbilt claims iAdt M;
block Of stock is the balance OF power III the present
contest.