The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-04-16
LOOKING UP PROXIES.
A CIRCULAR LETTER SENT OUT TO
CENTRAL STOCKHOLDERS.

The Movement to Head off Any Effort
to Change the Board Of Dir ectors
by Outside Parties-The Rumc-s
of Col. Gordon's Candidacy as
President Suggest Control
Of Proxies to Guard Against Any
Efforts From Other 5ources-Col
Gordon Not Connected With the
Movement.
The Central railroad directors accident
ally discovered this week that the canvass
for proxies to be used in the next election,
reported in the MORNING News some time
ago. was still going on. They Immediately
decided TO send out circular to the stock
holders, which had been prepared some time
before, but which 1t was not Intended TO
send out until the return Of President
Conner from New York.
The circular makes a statement of the
situation aud requests that the stock holders
send proxies for their stock to Mr., H. NJ
Conner to BE- voted at the ensuing election.
1t is addressed to the stockholders of the
Central Railroad and Banking Company OF
Georgia.
THE PROXY CIRCULAR
The events that have transpired in the past
few weeks renders a meeting of the stock
holders Of your company necessity, and
meeting has been called to meet at your bank
ing house, in the city Of Savannah, on May 16
next at 10 o'clock a. m, for the purpose of
electinR a new board Of directors to manage the
affairs OF your company until the regular cleo
ton in January, 1898
Some changes have taken place in the board
OF directors since the last election, and Mr.. II.
NJ Conner Of Savannah mas been elected mem
Der of the board and has been made president
of your company.
1t is deemed to the best interest Of your com
paDy that but few, if any, changes should be
made in your board at this time, and only such
should be made as will give confldenc, to the
creditors of your company and meet ,he ap-
proval Of the stockholders. In order to carry
out this policy, the undersigned request that IL
you agree upon the line of policy herein indi-
Gated that you will send your proxy TO vote at
the ensuing election TO Mr.. Ii. NJ. Conner, au-
thorizng him to vote for such board Of di-
reotors as may seem to be to the best interests
OF your corporation.
sIGNBRs OF THE CIRCULAR.
The circular is signed by Henry K. Jack
son, E. z. Alexander, G. II. Phinizy, Uriah
b. Harold, George j. Mills, A. Vetsburg,
Joseph Hull, John X. Garnett, Hugh T.
lnman, John Flacnery, b. A. Denmark,
Herman Myers, Charles II. Olmstead, Sam
uel p. Hamilton, Henry Blum, Margaret H.
Wade, Isaac G. Haas, J. j. Dale, A. R.
Lawton, John M. Guerard, John N. Guer-
ard, executor George L. Cope; John M.
Guerard, trustee George R. Millen, Horace
a. Crane, J. G. Rowland, A. g. Guersrd
William w. Williamson and Lewis r.
Turner.
After the signatures is the following,
signed by j. Lamb Perry, A. o. Bacon,
Marion Erwin and Daniel w. Rountree,
solicitors for compliments, in re Rowena
M. Clarke ct al VS.. the Central Railroad
and Banking Company of Georgia ct al:
We heartily concur In the foregoing sug-
gestion, and earnestly urge every stockholder
to comply herewith, as the unanimous election
OF Mr.. Conner ana his board Of directors by
full vote OF the minority stockholders would in
our opinion, tend to restore public confidence
and otherwise result in great good to the cor
poratton.
TALK OF THE MOVEMENT.
1t has been generally supposed since Col.
W. w. Gorden's contradiction of the re-
port that he was in the race for the presi-
dency of the Central that there would be no
opposition to Mr.. Conner. The canvass
for proxies is announced to be not in the
interest OF Col. Gordon as a candidate
Tor the presidency, but rather a movement
to displace some of the present directors who
are considered Objectionable for various rea-
sons. What will be the result remains to be
seen, but the Central's directors and their
friends are already making an active can
vnss for proxies. They have met with some
refusals from parties who said they preferred
to vote their own stock.
soME CHANGES EXPECTED.
There has been an uneasiuess among the
directors ever since the decision by Judge
Speer ordering an election for May l6 Be-
tween these who expected TO be dropped by
President Conner and those who heard they
would be turned down at the election very
few of the board have felt perfectly oon-
fdent Of retaining their present positions.
They all seem agreed that there will be some
changes in the present board, but the states
do not appear to have been made out yet
There are some who think Col Gordon
will be a member of tho next board. In
this position, they say, he would have q
voice in Central railroad affairs and be in
position for the lightning to strike him in
case otany change in the presidential situa-
ton.