The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1893-04-09
LOMBARD on TOP.

| A good deal Of interest is manifested in
! local financial circles over the rivay going
! on between members of the Lombard In
vestment Co. at kunsaS City and yesterday
! a telegram was received here stating that
James l.. Lombard had come out on top.
The Lombard Investment is Mis-
souri, organization which succeeds the
Lombard Mortgage company doing u large
| business in this city. James l.. Lombard
is not the president of the State National
bank. bat he has large property aud finan-
clal interests here. He was here recently
and took all his property off the market, or
at least putting up the price, on the faith he
has in Wichita and its ultimate success as
4 great commercial center
The following from the Kansas City
Times will give fair idea of the couten-
ton between the members of the COM
pany:
stockholders of the Lombard Invest
ment company representing $1,000 of the
5000 shares completed their ballotiug at
. o'clock last evening for the four directors
who are to be chosen for three years
term. Tellers We're busIy engaged last
night IN counting he vote. but the result
viii not be announced until this after
noon For the past two days a most spirit
ed fight ans been going on between the
Philadelphia Interests and he present ad-
mlnIstratiou. 1t il claimed by the Iom-
bard faction that James L. Lombard will
be elected director. and it was also given
out that Mr. Lombard would not bs a
candidate for reelection as president. but
would consider that he had been vindicat
ed by his election as member of the
board of directors. Although the two OPP
posing factions made strenuous efforts TO
secure proxies il = claimed that no bad
blood has been exhibited al the meeting.
The two factions went to work with a
desperate earrestness to secure proxies
and the delay in choosing directors has
been largely occaSloned by the numerous
contests entered on either side Some of
the stockholders who sent proxies changed
their minds two or hrec times When
representative Of the Philadelphia faction
would visit them their proxies were forth
with handed over TO Mr.. Brrnham. repre-
senting the Philadelphia interests. and
second Change would be made when rep
resentin2 OF the Lombard interests would
state the administration side Of the cIse
Three hundred of these proxies were
changed 50 maay times that in the inter-
est of harmony they were discarded and
Will no. he counted
The PHILADELPHIA stockholders have
chosen Is their Kansas City candidates 0n
the directors board Thomas F. T.4dd and
o \. Lucas, aud the friends ii the i.d-
ministrallou voted for James l.. Lombard
and Harry + MooHey, the seCre-avv o! the
company. The Philadelphia faction has
commended thar complete rtor-Iujy ttioU
OF tue company was necessary and Il sue
cesSful, VIII place entirely new men in
charge o. The business OF the couceru.
Tie result Is IN doubt, because il j, i'm
possible 10 tell what combinations nave
neeg voted. tnter the cumulative svs-em
rach ; ocNH0!4er cla vote one share Tor
four candidates or iou, times for oue c..,..
d;date
Alter the four directors. whose terms
it;e tor three yeas each have been chosen
Tue >tc2NhoideT> VIA ballot to- ,wc direct !
olS, - hoid one aud TWO years respectively.
se Missouri Jaw provide, tlas :. Iajcr.t.-
o- ihe beard u directors shall ne residents
ui tH'> state, HHti u has bean ia= custom
heretofore with the compsny tu elect seven
% tie eleven airec;p-s t-3n k-,.r- = Cltr. :
-Ht opposition Ia lHe L3ggHlrgs faction
.s>r uiGht hat pse-s..ea, LON
hard would TvJsJa control Il - ~.w ~ n.
40 - Mr Mcsfeoiee 81 philsie!pbis
~ no led t!ie Eight acsln-5 him. IA an !u-
,ecvieW WITH i reporter Tor tie 7 ales 4
sid
II we had brou-h; WI = ,i.-s--
.ougtaS u 81 th- votes By. !srnt,trgt
= o"'a Sfi:. rsve~fvoB. Under tle Cuululst-
re system = :; ccS l,,.,Ir = .coc;-. We. t.r1
larr !oi, fc2s-s f-r 0u- s.,ssd .lt.e air
I-7nl's-rfl '-.,Sr sii> cHs5-r ro.c ~. t5s.~.if.
wheel, ~~-Frasi 49, ssc-s sas t.Yea! ativ--
SEA . He ar- dsrec s-- 81 so ss-.4 ,vei.