Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1889-05-16
THE SANTA FE.
Annual Meeting OF the Stoekholders-Om-
GERS Elected-BriefF Financial EIhibit.

GERS Elecfe0-Br1ef FINANCIAL EX010Qts
ToFkK A. Kan, May Io-Ths seven
teenth annual meeting OF the stockholders
Of the Atchison, Topeka & Santa Fe rail-
road was held in this city yesterday.
There were many stockholders present and
harmony was the watchword and those
who had anticipated row Of large pro-
portions among those having control OF
this great railroad property had reason to
be greatly disappointed. Although 621,.
S11 shares of stock were voted there was
not a single dissenting voice on the Ques-
ton.
The following shares of 500 each were
voted: W. H Strong, 1S6 $50; Thomas
Barring, Az. go; b p. Cheney. 80. S69;
Alden Speare. 5 564; c < Holiday, l. 60;
miscellaneous, 1.299; total, 62l, ,s1L
The meeting was called TO order, the
business progressed rapidly and the
stockholders elected these directors:
Benjamin ?: Cheney. William b
Strong, Alden Speare, Oliver W. Peabody,
George g. Croker and Edwin II. Abbott
of Boston; George c. Magoun, Thomas
Barring, William Libbey and John J. Nc
Cook, of New York, and C. &. Holiday,
E B. Purcell and L. Severy, of Kansas.
This retires six men who have been on the
board a long time-G. o. Shattu tuck, c. R
Goldman, ]. I. Burr, W. F. Wharton. War
rem Sawyer and A. ". Nickerson. all OF
Massachusetts,
The new members of the board were
parties interested, and in every instance
they are men of the highest business and
social standing. Thomas Barring is one of
the famous Barring Bros and is the New
York member of the house of Kidder, Pea.
body & Co. Mr.. Peabody is Of the Boston
branch Of the saLae firm Mr.. Croker 10
chairman of the board of railroad commits
we'll known capitalist Mr.. Libbey is well
known in commercial circles as having
been formerly a leading dry goods mer-
chant in New York and latterly q success
full railroad investor. Colonel McCook is
one of the famous family of fighting Nc
Cooks, and is attorney for kidder, Pea
body & Co. in New York
The board held meeting Immediately
after the stockholders finished their work
and elected the following list of officers:
President, William B. Strong. Boston !;
first vice ce-president, c. ". Smith. Boston !;
second vice-president A. A. Robinson,
Topeka; third ce-president ]. F. God
dard. Chicago; general solicitor, George
R Peck, Topeka; general counsel, George
W. McCrary, Kansas City. No ; secretary
| and treasurer, E Wilder, Topeka; comp
| troller. John p. Whitehead, Boston; gem
eral auditor, Joseph W. Relnhart Boston ;
Boston; assistant secretary, c. s Tucker
man, Boston; transfer agent, Alfred A.
Glasier, Boston; chairman Of the board,
| George c. Magoun.
| An executive and finance committee was
elected consisting of Messrs. Magoun.
Strong. Cheney, Speare, Barring Peabody
| and Abbott
handed in and accepted with a compli-
mentary resolution.
! Judge George u McCfary dsciinsa ia
be reelected general counsel, and COLONEL
McCook was put in his place Mr. Nc
Cook, as attorney for Kidder. Peabody &
| Co, will, it is understood, advise the chair
man of the board in New York.
| Before adjournment Mr.. Strong ex-
pressed his thanks to the board for the
renewed expression of confidence in his
management and said he would devote
himself to producing the best results by
| way of economy and enlargement of the
business of the company.
The stockholders and directors from the
| East expressed themselves as pleased
| with the crop prospects. and the outlook
| for a largely increased business over the
| entire system.
| The new plan Of organization is like
| that of the New York Central With that
| company Mr.. Vanderbilt is chairman of
| the board and Mr.. Depew president Of the
company. The duty Of the chairman of
| the Santa Fe board is to look after the
| financial interests Of the company in the
East while the president runs the COM
pany In the West Mr.. Strong by his own
particular request will hereafter have his
headquarters in Chicago whore he can bs
nearer the property. The change meets
| with the unanimous approval Of all in
terested partieA Colonel AcCook said
| that all parties felt that Mr.. Strong and
his previous able assistants were indis-
pensable to the welfare of the company
| and would have the most enthu siastic
support Of stockholders and directors.
THE FINANCIAL sTAfKMKyE.
| Boston, May 9-The annual report Of
| Santa Fe railroad for the year ended De-
| cember 81. 1SsA was given out last
| evening. comparison being made with
| the year 1887. 1t shows: Average
| number OF miles operated 5.0e0: in
| crease, 397; gross earnings, $15. .6l2. 913; de-
crease s, 2,64S, IS 3; operating expenses. in
| Guiding taxes, $11.025, 161, increase $61S
| 351, decrease, S3. 49,. 1eo. 1t viii thus Be
seen that the earnings for the year 1885
4 are = S4s 453 less than during the preced-
/ ing year-a decrease OF 1873 per cent OF
this decrease Ss01, ,00s is the loss on pas
| senger business and = o54, 800 the loss on
| freight traffic
| OF Oklahoma the reports say there i.
| every reason to believe that the earnings
of the Atchison line will be largely in
| creased by the settlement of this region,
| as the line passes north and south through
/ its entire length
Killed in the Mine.
| PorrsvnLE. Pa, May 10-At Kaska
William Colliery, near Aiddleport, last
| evening a cage containing ten miners was
| ascending the shaft when an empty car