The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1883-11-08
GEN. HAUPT RESIGNS.
His Retirement From the Manage.
ment of tie Northern Pacific Raj l.
ROAD and the Causes.

ment of tie Northern Pacific Raj l.
ROAD and the Causes.
From the Pioneer Press, 3D..
For some 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 tho changes were made It was the
retirement Of Herman Haupt general man.
sger, 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 a
manner creditable to himself aud satisfactory
to the company under the restrictions placed
upon him by the vice president by order of the
board Of directors. The change went into
effect yesterday, aud will be promulgated to-
day by the issuance of the following circular,
dated Nov. 1, and signed by Vice President
Cakes:
Herman Haupt. general manager. having severed
bis 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 will explain the situation:
The correspondence referred to includes Mr..
Haupts letter of resignation and AR. Cakes
letter OF acceptance in reply thereto Mr..
Haupt's letter. dated Oct 20, is addressed to
Vice-President Cakes, and is as follows:
I have received from you instructions to curtail
expenses in every department, to discontinue work
IN progrcss and discharge employees who have
served the company efficiently. Tho restrictions
that have been placed upon the general manager
arc OF such nature that cannot see how it is pos
siole to continue in the management and secure
results that will be at the time credtable to
myself and satisfactory to the stockholders. As
you propose to devote a considerable portion Of
nil tn hn 1SanD rs
fions 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 suH1ect to the conditions of the fve-year con-
tract under which assumed charge in 1881.
Mr.. Cakes reply is dated Oct 80! 1t is -
follows:
1 have received your communication Of Oct. 20.
The retrenchments ordered by tho board Of d.
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 DO Immediately carried into eff.
You have certainly labored zealousy and intelli-
gently to advance the interests you represent. 1t
Is true that expect. as vice president, to devote
much time to the supervision OF operations per-
sonay: and It is also true that in view of this fact
the necessity for your continuance as general man
seer YIN be less imperative. Your resignation is
and the conditions of 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 fve-years' contract with the
company. The contract was = birsling one, "a
by it storms Mr.. Haupt's services could not be
dispensed with, without his receiving payment
for the full term Of Office his contract called
for: The sum fixed ~ salary was 81 S, 600 per
annum, and it is to this stipulation in the con-
tract that Mr.. Haupt makes reference in hie
letter Of resignation.