The Providence news. (Providence [R.I.]) 1891-1906, 1893-03-15
N MEOD NOW president.
Elected by Stockholders Of the N. Y.
and N Z. Railroad.
Who THE new DIRECTORS ARE.
The Meeting Yesterday Was Lively One
Meeting of the Board OF Directors
Chooses George II. Rudolph as Gen
ersl Traffic Manager.

BosToY, March 15.-The annual meet
ing OF tue New York and New England
yesterday brought another tilt between
counsel for the road aud counsel for the
Goldsmith party.
The latter appeared as champion of q
movement TO investigate the grave
charges made by President Parsons in
the annual report. But he represented a
hopeless minority and his motion for a
committee of investigation was laid on
the table by an overwhel ming vote
The Mcleod party had over 10000
votes at its command. and carried the
day. as 1t was expected 70 do. It's ticket
for directors was almost completely new.
Boston was repre- sented on the ticket by
the Prince brothers and Arthur Sewall.
The other old names on the list were Di-
rectors Vaughan and Plume, five cut of
"A total of nineteen.
The question now arises will IL be a
case Of "A new broom sweeping clean.
At the election of directors l5S.0s4
shares were represented. or thess A. A.
Mcleod received 154, 647. 1908 being
necessary for choice Other directors
chosen: Thomas &. Platt, New York
Joseph +. Sinnott, Philadelphia; Henry
A: Dupont, Wilmington, Del; Chester
w. Chaplin, New York; Samuel Heilner,
Philadelphia; Charlemange Tower. Jr.,
Philadelphia: James w. Doane Chicago;
James Armstrong. New York; G.. II.
Earle. Philadelp ia Spencer Erwin,
philadelphia; Arthur Sewall, Bath, Me !;
Joseph Hensler, :Jr, Jersey City; Charles
T.. Gross, New York; Il. IA. Prince. Bos-
ton; Z. A Priuce. Boston; B. +. Vaughn,
Providence; A. Brock, Lebanon, Pa; u.
,. Plume. waterbury, COnu.
The Parsons people only secured trife
over 5000 votes
Mr.. Davis moved the acceptance of the
act OF 1891, in relation to the Suburban
railroad company, authorizing its lease,
and TO guarantee the bon is. and to APP
prove the lease and guarantee Charles
A. Prince explained that the Woonsocket
division OF tbirty-one miles cannot be
developed except by connection with
the main line at Harvard station, which
this suburban road is designed to meet.
He said action at ouce is imperative to
preserve rights. The question was di-
vlded : the act was accepted; the author
lty or the directors was amended by
adding the words, "if aud so far as the
corporation is authorized by law" aud
was afiirmatiyely voted.
Who the Directors Are.
Mr.. Mcleod is well known from his
connection with the Philadelphia and
Reading. of which he is president and
one OF the receivers. He is also president
of the Boston and Maine.
Mr.. Piatt was the colleague OF Mr.
Conkling in the United States senate.
He is president of the United States Ex-
press company and ex-pr. sident of the
Tennessee Coal and Iron company, he
having resigned the position on Monday.
Mr.. Sinnott is director in the Phila-
delphia and Reading road.
Mr.. Dupont is one of the celebrated
powder manufacturers and president of
the Wilmingt on anu Northern railroad a
Mr.. Chaplin is son of the late president
OF the Boston and Albany road.
Mr.. Heilner is Que of the "coal ba
rons" of Pennsylvania.
Mr.. Tower is large capitalist inter
ested in coal and iron.
Mr.. Doane is an attorney and repre-
sents Reading interests in the West.
Mr.. Armstrong holds similar relations
to the Reading in New York.
Mr.. Erwin is rich banker and broker.
Mr.. Gross is the legal represent tative OF
the Reading system in Connecticut,
Mr.. Brock is rich ironmaster.
Mr.. Earle is president Of the Finance
company of Pennsylvania, which finan,
ces the coal interests of the Reading
system.
OF the six holdovers the following facts
are gwen:
Mr.. Hensler is a wealthy brewer
Mr.. Plume is manager Of the Plume g.
Atwood Brass company.
Mr.. Vaughn is IA rich manufacturer.
Mr.. Sewall is president OF the Main
Central ana director of the Boston and
Maine.
Messrs. Prince are we'll known. the one
as lawyer, and the OF her as broker.
The board OF directors met subse-
quently and elected Mr. Mcleod presi-
dent and Treasurer Phippsn and Secre-
tary Perkins were reelected. George Il.
Randolph was elected general traffic
manager and will assume the manage
menJ OF the road at ouee. Mr.. Randolph
is "A railroad man of large experience and
recognized ability, and for a year past
has been first assistant general freight
agent OF the Philade phia aud Reading.
Prior TO assuming that position he was
connected with ths New York and New
England railroad.