The Iola register., 1889-05-17
THE SANTA FE.

THE SANTA FE.
Annual Meeting of the stockholders-Om-
GERS Elected-Brief Financial Exhibit.
ToPEk A. Kan, May 10-The seven.
teenth annual meeting of the stockholders
Of the Atchison, Topeka & Santa Fs 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,-
sll shares of stock were voted there was
not single dissenting voice on the ques.
ton.
The following shares OF 500 each were
voted: W. H. Strong, 1876 $50; Thomas
Barring, 442 $40; B. p. Cheney. 33. 500;
Alden Speare. 5. b64; e. K. Holiday, l. 800;
miscellaneous, 1929; total, 62i,s1L
The meeting was called to order, the
business progressed rapidly and the
stockholders elected these directors:
Benjamin p. Cheney, William b
Strong. Alden Speare, Oliver W. Peabody,
George g. Crocker and Edwin H. Abbott
OF Boston; George c. Magoun, Thomas
Barring, William Libbey and John J. Nc
Cook, of New York, and C. Z. Holiday,
E. B. Purcell and l. Severy, of Kansas.
This retires six men who have been on the
board long time-G. o. Shattuck, c. R
Goldman, !. I. Burr, w. F. Wharton. War.
rem Sawyer and A. w. Nickerson. all of
Massachusetts,.
The new members of the board were
selected by previous agreement of all the
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 same firm. Mr.. Croker is
chairman of the board of railroad commits
sioners of Massachusetts,. Mr.. Abbott is q
we'll known capitalist Mr.. Libbey is well
known in commercial circles as having
been formerly leading dry goods mer-
chant in New York and latterly a success.
full railroad investor. Colonel McCook lie
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-president, C. w. Smith. Boston;
second vice-president, A. A. Robinson,
Topeka; third vice-president, j. F. God
dard. Chicago; general solicitor, George
r. Peck. Topeka; general counsel George
w. McCrary, Kansas City. Mo-. secretary
and treasurer, E. Wilder, Topeka; comp.
troler, John p. Whitehead, Boston; gem
eral auditor, Joseph W. Reinhart. Boston;
assistant treasurer, George l.. Goodwin,
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.
The resignation Of c. w. Smith was
handed in and accepted with a compli.
mentary resolution.
Judge George W. McCrary declined to
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 i'm 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. where he can be-
nearer the property. The change meets
with the unanimous approval of all in
terested parties. Colonel McCook 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 enthusiastic
support Of stockholders and directors.
THE FINANCIAL STATEMENT.
BosTON, May 9.-The annual report Of
the directors of the Atchison. Topeka &
Santa Fe railroad for the year ended De-
cember 81. 1888, was given out last
evening. comparison being made with
the year 1887. 1t shows: Average
number OF miles operated 3.e20; in
crease, 397; gross earnings, SIS 6I2. 9I3; de-
crease S2,G4S 453; operating expenses. in
,luding taxes, S11.O2I, 16l, increase S61S-
,07; net earnings. deducting taxes, 81, 325.
,j1, decrease, So 467, 16O. 1t will thus be
seen that the earnings for the year 1888
ire - StS, 453 less than during the preced-
ng years decrease of 15S per cent. Of
his decrease $sO1, ,00s Is the loss on pas
,enger business and 3 054, 800 the loss ON
freight traffic.
or Oklahoma the reports say there is
every reason to believe that the earnings
,f the Atchison line will be largely in
creased by the settlement of this region,
rs the line passes north and south through
its entire length.
Killed in the Mine.
PorTsvILLE. Pa, May 10.-At Kaska
William Colliery, near Middleport, last
evening a cage containing ten miners was
ascending the shaft when an empty car
was pushed over the top of the shaft by
TWO Huntington laborers. The car struck
he cage with terrible force, shat
.ering it to pieces and instantly killing
every one Of its occupants, whose mangled
bodies were afterward found in the water
tho hotfou of fha shaft Tho yicfimS