New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-04-12
DELAWARE AND HUDSON.
VANDERBILT INTERESTS REPRE>ENlED.
SIGNIFICANT TRANSFERS OF STOCK TO MEssRs'

SIGNIFICANT TRANSFERS OF STOCK TO MEssRs
VANDERBILT, DEPEw AND TwoMBLY'
The transfer books Of che Delaware and Hudson
Canal Company were closed at noon SATURDAY LOT tHe
annual election on May TO- Not many minutes before
they were closed three significant transfers OF STOCK
we're made. Through them Cornelius vanderbilt
C1auncey NJ Depew and H. Mex. Twombly were
accredited with 100 shares OF Delaware ana HUDSON
stock each This amount Is SUFFICIENT 10 quarry uei
for places In the board OF directors II docs not seem
probable In view OF the position that these men W
cupy that the transfer OF this stock was erected TOT
,tocl,Iobbery purposes. and 1t was apparently not
In pursuance of any plan to obtain controi OF the Sys
tenn. The natural explanation Is to be lound III '"'
statement previously made In The Tribune, That these
three REPRESENTATIVES. OF the Vanderbilt interests wer1
10 enter the Delaware and Hudson directory
This establishment OF voice In the control OF
Delaware and Hudson by the Nandeibit' WILL
It is to be expected be the moSt i"po
tant step in the foundation OF defensive
alliance Of the New.York roads against the Pennsyi-
ana roads combined under the leadership OF the Read
ing with the Reading company are now enlisted the
svmpathes OF the Delaware Lackawanna and western
and this fact has probably fastened the movements VI
the New York roads toward position IN winch hutua
support could be with certainty depended upon t"'
Tribune pointed out on sunday the probability ="
close agreement between the New.iork Central. the
and Western Tie stock transactions Of the last two
weeks have shown heavy dealings In Delaware ana
Hudson and the purchases have been credited 10 the
New York Central people and the LacRawanna interests
ON this hypothesis contest for the control OF Dcla
wnrc md Hudson was founded, and this theory was
supported By the important position held by the Della
ware and Hudson in the coal situation INC stoch
transfers OF last saturday, by which three Of the lead
ing names identified with the Vanderbilt interests are
made TO appear on the list OF Delaware and Hudson
stockholders may fairly be Interpreted 10 mean that
n sufficient number OF proxies has been obtained 10
insure the election Of Mes,rs Vanderbilt, Depew and
Twombly TO the directory.
X. N. Oyphant, president Of the Delaware ana
Hudson, said yesterday: " II there is any movement
10 obtain control OF this road to make any change In
the management, do not know II. There are 100000
shares OF Delaware and Hudson stock distributed among
200 holders, and where the controlling interest lies
cnnnot be determined until the day Of the meeting.
do not know that the control has been In any way
changed since the last meeting
But Is 1t not true" asked. 4" that the transfer
OF 100 shares each Of Delaware and Hudson stock to
Messrs. Vanderbilt, Depew and Twombly was made on
last saturdayi7
Yes, am told that such was the case said Mr..
Oyphant slowly. "The transfer books open to
stockholders and suppose Of them looked the
matter up and fonnd IL TO be true
Sir. Depcw wa, In Wallst. yesterday, as he has
been frequently IN the last two weeks. At the Grand
Central station II. Walter Webb made denial that
the New York Central not party to any movement
for alliance with the Delaware and Hudson, or the
Erie for interchange OF directory representation
Mr. Webs statement howeyG-, may be a technical
denial referring TO the Newlork Central rs such and
not 10 the Vanderbilt interests IN general.