New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-11-12
MANHATTAN'S MANAGERS.
REORGANIZATION OF OFFICERS.
GEORGE J. GOULD BECOMES FIRST vIcE'PREsi'
pENr-ANoTHER Vanderbilt

-
pENr-ANoTHER Vanderbilt
REPRESENTATIVE.
The annual meeting of the stockholoers Vi VIC o.,
haitian Railway Company yesterday was ho'"o'o 10
the entrance OF another Vanderbilt representative ~
the Board of Directors, the transfer Oh 'ae 49,
management OF financial affairs from Robert NJ. oaia
wav % Georpe J. Goud the retirement OF 5. " Wmte
from the hoard and the formal appearance OF ho"aru
Cou,d In an official capacity connected with one vi
his fathers properties Two new members were eieo'
IN the boald-Frank X. Hahn, the general manager Oh
the company, in place Of John ii. han, aea"' shu
Timothy C.. Eastman, in place OF D " "h.c' 'a''
Eastman is closely associated with the livestock IN
teress Of the New-York Central and was one OF the
oIose friend, Of william H. Vanderbilt. He Is special
partner I'm the stock Exchange firm Of Daniel ODeli
q Co. Mr.. Eastman has long been large holder OF
Manhattan stock, and his entering the board at tho
present time Is said TO have no particular sghhcahce'
But those who we'll informed say that there iS an
unexpectedly large ownership Of Manhattan by the
yanderbilts and Mr.. Easman's election strengthens
their position II is even predicted that at future
time there may be important changes In this property
which is so generally regarded Gould concern.
The retirement of Mr.. White excited some severe
criticism in Wall Street. for II was not believed 10
have been voluntary The friends of Mr.. White regard
1t act Of Ingrattude to @ man who has been an
effective co-worker with Jay Gould in many of his
schemes, and whose failure has been charged the
result Of bis intimacy with Mr.. Could AZ the present
time, when Mr.. White Is making progress IN the
rehabilitation Of his financial affairs, ID Il
considered especially unjust 70 Mr.. White that Mr..
Gould should withhold act Of courtesy that might
have been found in his reelection to the Manhattan
board.
The retirement OF r. NJ. Galloway as vice president
Is In cOnsonance with his wishes. his duties as
acting president of the Merchants National Bank abb
sorb his time, and his connection as vlcepresldent
intended to be permanent when 1t made last
May He remains In the board and is chairman Of the
committees. George J. Gould becomes first vice.
president and will have his office at No. II Broadway
and will devote his time to the financial operations OF
the company. The Office Of second vice president h
created, with F. X Hahn filling it, and having charge
OF the practical operations Jay Gould retres from the
executive committee, furnishing another proof Of his
intention TO yield to the advice Of his friends and
withdraw far possible from the active management
of his properties. Howard Gould, his youngest son.
appears a member of the expense committee. lie
has acted "ex-oiicio" 1t laid at the Manhattan
Office. u member Of the committee for several
months The officers and board Of the Manhattan now
are follows:
President Jay Gould first vice president, George j.
Gould second vice president, Frank H. Hahn secretary
and treasurer Daniel W. McWilllams; executive COM
mttee r. NJ. Galloway, Russell sage, Samuel Sloan,
sydney Dillon, George J. Could j. Perpont Morgan
and Edwin Gould expense committee, X. NJ galloway,
Russell sage George j. Could Edwin Gould, and
Howard Gould; directors Jay Gould, r. NJ Galloway
Russell Sage, Samuel Sloan, sidney Dillon. George j.
Gould, j. Pierpont Morgan, I. X. Hahn, Cyrus W.
Field, Edwin Could Chester W. Chaplin, Simon
Wormser, and T. c. Eastman.
The annual report for the year ended September 80
1901, compares with the preceding year as follows: