The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-05-19
THE RAILWAYS.
The Annual Meeting Of the Missour, Kan
sas and Texas Direc.orate.

PARSONS, May 1S-At the meeting of
the Missouri, Kansas and Texas railway
| stockholders in this city today, the fol-
! lowing directors were elected: John d.
| Rockefeller, William Lowd, Colgate Hayt,
| Henry &. Rouse Simon Sterne, William
Bond. Joel F. Freeman, Thomas Purdy,
! Samuel Slean and II. w Poor, all of New
York; J. Waldo of st. Louis, Frederick n
| Finney of Milwaukee. II. J. Demarez
Oyens of AmsIe erdan, Holland; Hiram G.
Cross Of EmpOrIa, Kansas; B. z. Nc
Donald of Fit. Scott, Kansas; and Lee
Clark of Parsons, Kansas. The directors
are to meet at the office of the company in
New York for organization and election Of
officers on the oath of the present month.
The entire stock of the company 100000
shares) was voted. OF the total 50, 80
proxy of the reorganization committee.
The action of the executive committee
in guaranteeing the bonds of the Missouri,
Kansas and Eastern Railway company, to
the extent of 81, 500 coo was ratified and
confirmed, and the board was authorized
to assist tbe Missouri, Kansas and Texas
Railway company of Texas in the building
of branches and extensions, by guaran-
teeing its bonds not in excess OF SO, ,000, 900
for that purpose. The action of the exc
cutlve committee in guaranteeing the
bonds of the Southwestern Improvement
company for 81 .000, 600 was also approved.
The new board was further authorized to
negotiate tariff agreements with the
Chicago, Burlington and Quincy and the
Chicago, Burlington and Northwestern
roads, for the purpose of gaining increased
business and terminal facilities in st.
Louis. The resignation of A. G. Cross,
as president and general manager, was
accepted, as was also the resignation of B.
Z. Mcdonald, local treasurer.
II. &. Rouse chairman of the bord; Re-
tiriug President Cross, Vice President
Waldo, accompanied by Simon Steene,
general counsel. and General Solicitor
Hagerman, together with the New York
directors, left by special train Immediately
after the adjournment or the stockholders
for a trip through Texas.
New YORK. May IS.-The statement is
published in Wall street, and confirmed by
the Atchison authorities here, that the
Atchlson company coutemplates the issue
of permanent fund for betterments and
improvements, and that formal action may
be taken in this direction at the next di-
rectors' meeting 1t is also stated that the
plan will provide for the issue of 500, ,000,-
900 of second mortgage bonds, PROBABLY
bearing interest at graded rates. OF this
$50, ,000, 600 will be used to retire the
present income bonds. The representa-
tives of the company state that the matter
and at present will say nothing
CHICAGO. May 1S-The Rock Island
road has given notice of its intention to
withdraw from the northwestern blind
passenger pool. It takes this step rather
than obey the order of the advisory board
to divert certain excursion traffic to other
roads in the pool.
CHICAGO. May 1S-The annual meeting
of the stockholders of the Burlington was
held today. There were 467, ~ shares of
stock represented and they were voted
solidly for the reelection of the old board !
of directors. The annual report of the |
president and board of directors was made |
public some weeks ago.
NEW YORK, May lS-At a meeting of a
large number of Richmond Terminal |
security holders today, w. L. Strong, |
chairman of the committee, was author |
lied to draw up plan of reorganization, |
which is to be reported to another security !
holders meeting on Monday.