New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-12-15
RoUT OF THE OLD BOARD.
NETWORK AND NEw-ENGLAND ELECTION.

NETWORK AND NEw-ENGLAND ELECTION.
NEw-YORKERs GAIN CONTROL or THE PROPERTY
MR.. BosTwICK SUCCEEDS MR. CLARK.
(Br TELEGRAPH TRIBUNE
BOSTON, Dec. 14.-The annual meeting OF the stock
holders Of the NewYork and New-Eng and Railway was
held the Meionaou today and resulted In the election
the NewYork and the defeat OF President
Clark The interest in the meeting shown by the at
tendance OF about 400 persons Among those supposed
represent the New York interests j. A. Bostwck
II. Victor Newcombe Clement Gould. J. A. McAulay A.
F. Bateman JEFF. Chandler, W. II. starbuck aud I. W.
Pearsal In addition there all OF the old NewYork
and New England standbys, including william T. Hart
Colonel French. Asa p. Potter and others The meeting
called TO order at o'clock by President Charles
p Clark On motion OF Colonel Jonas H. French the FOL
lowing adopted by viva
Whrecs II for the ntereo this cc%panyas set forth
ALREADY operated BY this
at spring. in the city g, sprnsas Mass should ss &C.
and London Railroad Company upon the terms set forth
% sf y hereby n
pS1perse. ' Aforesaid and he ' Sanchi.s.
at s"Sh see ans from time 1Sn time to do
ali such and to procute such legislation Is may be nec
Before proceeding to a ballot President Clark mado
brief and pertinent speech He said that 1t it bust
meeting OF corporation which should have neither
friendships enmIties except for its good "A
property he continued that has been Ia my keeping In
capacity another for three years. Is handed over to
you in moro prosperous condition than it has ever
reached before Indeed, the improvement In our earn
ings has apparently made much sought after than
1t has been in years gone by. 1t has attracted the
attention OF gentlemen owning large capital
and they have become interested in the shares
and are here to-day to vote. cannot and l
will not criticise them their motives. do wish any
haha Of
ton. We have done the best know how. and are
content to leave the record 1t stands and II you In
sovereign capacity the of this property choose
to elect other gentlemen to serve interests pass
prosperous in the to than has been In
the h sS pas the S S s ss
me express me opinion to yoI that your Interests re
out emny. without personal feeling state frankly my
preference that the old board should be elected 1t Is
or not"
Referring to the different tickets that would be pro-
ested Mr.. Clark said All EFFORTS to harmonize. to
have but single ticket have failed The gentlemen who
pendent Of the which they win pardon for calling
the regular ticket the regular ticket because 1t is the
the management Of late Now the regular ticket will
contain the Of all the old directors with three
SecaHse Boston has sold most Of its s'O stock and
NowYork has acquired it. 1t was therefore necessary
TO remove two Boston names and place New York gentle
in their place. 1t is criticism IL is OF friend
Mr. Blake and mr. w" AorysnG has Seen
with their entire concurrence without feeling, and their
K suydam Grant and to Mr. Elijah smith and the va
cancy was made In New-York by the resignation. re-
and in his place have put upon the ticket Mr. j. g.
Moore. of Moore & schley. who are large registered
holders There two other gentlemen interested in the
New York stock whom desire place upon the ticket
and there are indeed I'm this room ballots with their
neither of them is a shareholder this PROPERTY
believe them to be largely interested IN the property but
question to their eligibility and we thought
It wise to avoid any question in the matter.
State of any not registered shareholder in the prop
ery We have therefore placed upon the ticket Mr. Leh
in favor of Mr. Bostwck and Mr.. Henn Clark case OF
the of the regular ticket Mr. Bostwick and Mr.
Clark upon the ticket already printed and I'm this
but the discovery OF the legal point that it is
at least questionable whether gentlemen not registered
shareholders eligible directors. the names OF Mr.
az M nr mil hev cnn heeam lor n c
holders. when these gentlemen Will undoubtedly retire
Year over we down to the V stockholders
and ask their Endorsement and II they don't
Somebody who will do better by the s"J property
than have done and we are not particularly ashamed
last three years" 1ireat applause '0'o'0 u '0
Mr.. Clark said. q few moments LATER that there was
tinucd: any is not upon the ticket furnished from
and do not remain With the property after
elect me with my associates upon the Board zap
The meeting then proceeded to ballot The ticket
offered Oh behalf Of the old Board was
Charles p Clark of Newton Mass william r. Hart Of Bos-
s.sa Mass. W o h S.os e0FHs
fT:STSt
ss%sp G. bsRH G% os g Of sx
York j. O. Moore Of NeT York Elijah Smith, OF New.
The Boswick ticket, representing the interest was
as follows;
Eustee G. Titz. Of Boston; stanton Blake Of Boston
So@s sSa Of fG 2o1en Ge0E' r. S %
ERsaGS & smith %
H. NsweOPDe Of NsT-YOk HcWan G!arH
o& MOORE Of 4 + IT, .fSudS Of Ssw
of NewYcrk; J. a. Bostwick. of NewYork
The polls closed at 1880 and the work OF counting
the ballots occupied long time Three adjournments
made and the vote was not declared until o'clock
this evening" when Mr. Clark. calling the meeting 10
order, announced the vote as follows:
F%ss' E SssSs siss
a a iT!a 'a:ls
s ysSS% sSsss h,s:%Sy Ii ss
sag 5S5S5i F. sayIss 535$7; deorFs IsSdsfs
sd %ays%; 5Sss7 noSfri 1857
10 537: Francis A. Osborne 10: W. W. CraDo. TO- |
President Clark declared the first nineteen men or this
list who comprise the NewYork ticket elected directors
Of the NewYork and New-England Railroad for the en-
suing year.
JET Chandler then addressed tho chair He said he
his brought with no sediment OF rancor
Or irritation IN their feelings when they here and
they go away with none They felt specially pleased
with the presentation OF the history and man
ngement OF the property made by President Clark.
They knew that Massachusetts and Bcs,on felt great
pride in this property and they did intend do any
thing that would in the slightest degree impair the favor
)f massachusetts, ana OF Boston for the property.
The meeting then adjourned
At n subsequent meeting OF the board j. A. Bost-
wick chosen president and j. W. Perkins secretary
and presidents assistant Treasurer Phppen continues
N Office Tor the present Mr. Clark said this evening that
he meant what he said and should stick his intention TO
have further official connection with the England
road.
MISCELLANEOUS RAILWAY INTELLIGENCE.