New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-28
THE ATCHISON'S NEW HEAD.
PRESIDENT W. B. STRONG TO BE sue.
CEEDED BY ALLEN MARVEL.

MR. STRONG TO RETIRE on SEPTEMBER o.
oTnER CHANGES BY THE REORGANIZATION
COMMITTEEMAN MANvELs CAREER
Chicago. Aug. 27.-The reorganization Of the Atchi-
SON Topeka and Santa Fe Railway Company to-day
assumed definite shape President william b. strong
rotres and will be succeeded by Allen Marvel, now
first Ice-presdent of the St. Paul, Minneapolis and
Manitoba Road George c. Magoun chairman Of
the santa Fe Board Of Directors, and william Libby,
a member OF That body, who were some tine ago APP
pointed a Committee on Reorganization, completed
their labor to-day. Mr. Mag0un was seen by an
Associated Press reporter this evening and talked
freely in regard TO their conclusions You can state-'
said he that tho resignation OF President Strong viii
be accepted at the meeting OF the Board OF Directors
in Brooklyn SEPTEMBER g, and that he Will DO
succeeded by Allen Marvel, who is at present first
vce-prcsident of the Manitoba Road. Mr.. Marvel
will assume his office In this city Monday, septem-
Der o.
d" What other changes have you determined upon y
NO others VIII be decided upon until after that date
There are now fist, second and third vice PRESIDENTS
and the lncunbency OF those positions VIII be con
sldered and settled with tho advent Of the new pres
dent The first vlce-presdents position has been
vacant for some time, since the resignation Vi u '"
r. Is stated that you have decided to lquldate all
Indebtedness by assuming blank mortgage 10 cover
q No funding scheme has yet been determined upon
control have looked forward 10 largely ncieasen earn
lngs with view Of aScertalning lie proper basis Tor
action The construction OF the new line was prac-
flcally not completed until late date. 20 that really
no opportunity has been presented Of determining lust
exactly what the properly as an en.Ic" wScb Of
course, viii be Largely contingent upon crops 10 DO
moged during the sea on no Policy o %'s resa 10 inc
4" Have you anything to say IN regard 70 Preslnent
Strougs management or mismansgement Oh inc AFFAIRS
u ~ would prefer to say noa Ag upon that points
" Has your company come to any c9neins s aS S
10 the l1lor deals and collisions in the nater OF
Sta'c-st real estate which the Santa te, uder con-
eral strongs incunbency, was fighting for entrance
would prefer to make statement IN regard
to those rlmols Will say, however, tnat tue prOp.
yainahie n il IN the section OF the city in the
direction Of which the large retail business OF Chca
is growing and II Will necessarily increase ID value
Has Mr. Marvel ever been connected with the
lie has not but he IS a railroad OF known abll-
Chicago Rock Island and Pacific. and IS we'll known
lie stands high as railroad manager, ang mas me
his coming here will naturally add great acs 10 inc
strength and management Of the organization
1t Is stated upon good authority that the resignation
Of a. c. Armstrong, purchasing agent OF the Santa
Re system. will also be accepted on september g.
whns Mr. Magoun did no. deny that this would be
DONE he asked to be excused from any expression upon
the subject OF Mr. Armstrongs retirement
President strong seen this afternoon In his
room at the Grand Pacific Hotel. lie admitted With
out hesitation that he had resigned. 81 have been
contemplating this step for some t'le time' he said.
/" | asked to DO relieved July 10, but the board OF
directors took no action my request. MY formal
resignation was tondcred August 16 10 take eect on
September g. I shah probably remain until septeu-
her g. as my will not be ready TO take charge
Of affairs until that date"
"Who f. TO be your successor"
Allen Marvel who IS now first vice presidents and
general manager Of the -. Paul. Minneapolis and
Manitoba road lie Is the choice of the directors ana
has accepted the Office -
Mr. strong declined 70 discuss the relations between
himself and the new board Of directors Of The Atchson
He said IL was matter OF no public interest whether
his views we're I'm harmony with those Of the board or
not lie also declined 10 the question whcther
or not his resignation voluntary.