The Northern Pacific farmer. [volume] (Wadena, Minn.) 1878-1885, 1883-11-08
: GEN, HAUPT RESIGNS.
His Retirement From the Manage.
ment of the Northern Pacific Raj l.
road and the Causes.

His Retirement From the Manage.
ment of the Northern Pacific Raj I.
ROAD and the Causes.
From the Pioneer Press, I'd.
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 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 a
manner creditable to himself and 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, and will be promulgated to-
day by the issuance Of the following circular,
dated Nov. l., and 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
vice. president. will for the present also
the duties of general manager. The correspondence
hereto annexed will explain the situation:
The correspondence referred to includes Mr..
Haupt's letter Of resignation and Mr.. Cakes
letter Of acceptance in reply thereto. Mr..
Haupt's letter. dated Oct. 20, Is addressed to
ce-President Oakes 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
arc of such nature that cannot see how it is
sible to continue in the management and secure
results that will be at the same time credtabe to
myself and satisfactory to the stockholders. As
you propose to devote considerable portion of
your time, personally. to the direction of opera
tons, 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, SUBJECT to the conditions of the
tract under which I assumed charge in 1881.
Mr. Cakes reply is dated Oct 80. 1t is as
follows:
have received your communication Of Oct. 20.
The retrenchments ordered by the board Of d-
rectors are no doubt extremely radical but they
are necessary, and if your plans for the improve
ment and Of the property 9e Of the &c H.
employees, cannot be Immediately carried into eff
feet, no one can regret the fact more than myself.
You have certainly labored zealously and ntel-
gently to advance the interests you represent. It
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 general man
ager will be less imperative. Your resignation is
therefore accepted, to take effect Nov. proximo.
and the ba of tae r dGRr's made with you
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 a binding one, as
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 as salary was ST. S, 900 per
annum, and it is to this stipulation in the con-
tract that Mr. Haupt makes reference in his
letter of resignation.