River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1883-11-08
GEN. HAupr RESIGNS.
His Retirement From the Manage
ment of the Northern Pacific Raj l.
rOa0 and tho GansaG


From the Pioneer Press, ID.
For come months past rumors have been
current that there were to be radical changes
in the operative department Of the Northern
Pacific, Yesterday The first and most import
ant of the changes were made. 1t was the
retirement OF Herman Haupt, general man.
ager, who on Oct 20 rendered to Vice Presi-
dent Cakes his resignation. In his letter Of
resignation Mr.. Haupt assigns as his cause for
retirement an inability to conduct the road in
manner creditable to himself and satisfactory
to the company under the restrictions placed
upon him by the vicepresident by order of the
board of directors. The change went into
effect yesterday, aud viii be promulgated to-
day by the issuance OF the following circular,
dated Nov. l, aud signed by Vice President
Cakes:
Herman Haupt, general manager. having severed
his connection with the Northern Pacific Railroad
company. the undersigned. in addition to his duties
as vice president. will FOR the present also assume
the duties of general manager The correspondence
hereto annexed viii explain the situation:
The correspondence referred to includes Mr..
Haupts letter of resignation and Mr. Cakes
letter of acceptance in reply thereto. Mr.
Haupt's letter, dated Oct 20, is addressed to
Yice-President Cakes, and is as follows:
have received from you instructions to curtail
expenses in every department, TO discontinue work
in progress and discharge employees who have
served the company efficiently. The restrictions
that have been placed upon the general manager
are of such nature that cannot see how II IS Dos
tble to continue in the management and secure
results that will be at the same time creditable 10
myself and satisfactory 70 the stockholders. As
you propose to devote a considerable portion Of
your time, personally. 10 the direction or opera
ions, it is clearly unnecessary to retain the ser
vices of general manager in addition, and there
fore prefer TO sever my connection with the COM
pany sueject TO the conditions of the fve-year
tract under which 1 assumed charge in 1881.
Mr. Cakes reply is dated Oct so 1t is as
follows:
have received your communication Of Oct 90
The retrenChments ordered by the board of di-
rectors are no doubt extremely radical, but they
are necessary, and if your plans for the improve
ment and protection of the property of the COM
pany, and the betterment of the condition of its
employees, cannot be Immediately carried into eff
feet, no one roget the fact more than myself
You have certainly labored zealousy and intelli-
gently to advance tle interests you represent 1t
is true that / expect, vice president, to devote
much time to tho supervision OF operations per-
soually; and it is aso true that IN view of this fact
the necessity for yar continuance as general man
ager will be less imperative. Your resignation is
therefore accepted to take effect Nov. l proximo,
and the conditions If the contract made with You
in 1881 will be complied with.
Mr. Haupt was appointed general manager in
April, 1881, succeeding H. e. Sargent, who
then retired, Mr.. Haupt at the time of his ap-
pointment made ive-years' contract with the
company. The contract was binding one, as
by it storms Mr.. Haupl's services could not be
dispensed with, without his receiving payment
for the full term of Office his contract called
for. The sum fixed as salary was 81 cooper
annum, and it is to this stipulation in the con-
tract that Mr.. Haupt makes reference in his
letter of resignation.