St. Paul daily globe., 1889-06-18
WILLARD ON TOP.
The Willard Party Out-Voted
Elijah Smith at the Oregon &
TrauscOnfinenta1E Election

The Willard Party Out-VOted
Elijah Smith at the Oregon &
TranscontinentalE Election.
PORTLAND, Or, June 1.-THE an
nual elections of the Oregon & Trans
continental and Oregon Railway & Nav
igation companies were held to-day.
Mr.. Willard carried the former, and a
compromise was affected whereby the
latter system will be managed as part
of the Union Pacific system, the North
ern Pacific to have nothing to do with
it. At the Oregon & Trancontinental
election the Willard party voted 2l7,OOO
shares; the Union Pacific interest,
esp'sfeniIsa 6. n. Lane, Elijah Smith s repre- pre-
senting the Oregon Railway and
Navigation, and Hon. Henry w. Cor
bitt representing the Portland interest,
voted altogether $4,000 shares. The
new board of directors is as follows:
Henry Willard, E. II. Abbott, Charles
l.. Colby, Joseph S. Decker, Colgate
HOyt. Charles III. Robes, C. A.
Spoford and Hector E: Tyndale,
G. B. Bellinger, A. D. Charleton,
S. G. Fulton, M. G. Hall, G. II. Pres
colt, Joseph Simon, Paul Schulze,
George H. Williams, of Portland. Di-
rectors reelected all the old officers.
In the Oregon Railway and Navigation
election Willard voted $4,000 shares.
The following ticket, agreed upon by
Willard and Gen. Dodge, representing the
Union Pacific. was elected: Charles B.
Fasdick, v: Mumford, Moore P. W.
Smith and William P. St. John, of New
Edmund Smith, of Philadelphia, and H.
w. Corbitt, Henry Failing, W. S. Ladd,
G. ii. Lewis. William Macintosh,
John McCracken and w. Sibson.
Saturday night Willard applied for
an Injunction in Judge Stearns'
court to compel Smith as presi-
dent of the Oregon Railway & Naviga-
ton company to count Oregon & Trans
continental holdings in that company at
the Oregon Railway & Navigation cleo
ton. Smith made preparations to ask
for an order
RESTRAINING WILLARD
from voting his Oregon and Transconti-
nontal holdings. The two parties came
together and held conference until
O'Clock this morning. Willard agreed
to dispose of his TranscOntinental hold
ings in Oregon Railway and Navigation
company, the object being to dispose
of them as widely as pOssi-
BILE. The roads north of Snake
river, which have been among the chief
objects of contention are to taken up
when completed into the Oregon Rail-
way & Navigation system and will be
operated as part of it. This will give
d'Alene mining region and an
other line to Spokane Falls. These
agreements are based on condi-
tions that the lease of the Oregon Rail-
way & Navigation company to the Ore
gon Short Line and Union Pacific holds
good and all lines be operated as they
are, the Northern Pacific to have moth
ing to do with it. 1t was further
agreed that the name of P. w. Smith,
Elijah's brother, be substituted for
Frederick p. OlcOtt, of New York, on
the Oregon Railway & Navigation di-
rectory. The understanding is that
Edmund Smith. of Philadelphia, for
merry vice president of the Pennsyl-
vania road, is to be president of the Ore
gon Railway & Navigation company
The new Oregon & Transcontinental
met this afternoon and decided to
abandon the proposition to issue
ten millions of preferred stock. At the
Oregon Improvement meeting the old
directors mere reelected. The Oregon
the following directors: Henry
Failing, C.. A. Dolph and Hol-
comb W.. Corbett, C. II. Lewis.
The Northern Pacific Terminal
elected Henry Failing, c. II.
Lewis, 6. A. Dolph, w. H. Holcomb.
Paul Schulze, Charles j. Smith, Robert
Harris, r. Koehler, H. w. Corbett.
Willard left for the East via the Sound
and Yellowstone Park this afternoon.