New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-09-22
DIRECTORS NAME A TICKET.
NORTHERN PACIFIC REGULAR NOMINEES
AN APPEAL TO STOCKHOLDERS FROM THE
PRESENT ACKNOWLEDGEMENTS OF THE
PROPOSED NEW BoARD-THE TICKET
NOT ACCEPTABLE TO INDEpEN.

NOT ACCEPTABLE TO INDEPEN-
DENT STOCKHOLDERS.
The Board Of Directors Of the Union Pacific
Railroad yesterday appointed a committee to
,cit proxies for the annual election to be held
october 49, and the committee announced the
ticket to be presented to stockholders 1t is
NOT believed that the ticket will be acceptable
N the independent committee, consisting of August
belmont Horace Harding Brayton Ives. Don
aid Mackay and Winthrop Smith. 1t is probable
that an active contest will be carried in the
next four weeks
The Northern Pacific board amended the by
laws so that at the coming election directors
shall be chosen for one year instead of three
years The board. in address issued to stock
holders says Several changes have occurred
IN our board during the past year. Messrs. Henry
willard r. G. Rolston and E. II. Abbot have
tired from the board and Messrs Charles L.
colby Colgate Hoyt and David S. Wegg have
ti6ed the board in writing that they will not
accent reelection These declinations create six
vacancies to be filled at the approaching election.
and one other has also been rendered" Wall
street could not guess yesterday what director was
meant by the zone other declination which had
been rendered. 1t could not refer to John ID.
Rockefeller. because. although he elected last
snring he refused to accept notwithstanding that
the fact OF his refusal concealed by the
Northern Pacific management for some weeks.
Charles b. Wright. William Lanman Bull and
Charles T. Barney. 1t has selected the following
names TO submit to the suffrages Of shareholders:
Johnston Livingston. Charles p. Wright. Charlie
uarne Tower. jr., ID. II. Houghtaling. r. c. Mar
Tin Charles T. Barney Thomas F. Cakes, William
l. Bull, James b. Williams j. b. Haggn and
william r. Merriam. Ex-Governor Of Minnesota.
M these men Messrs. Wright. Barney Cakes.
Rull Williams. Haggn and Merriam are members
NJ the present board Some of the independent
stockholders believe that this is too large a pro-
norton Of old members to continue in office 1t Is
also pointed out that Mr.. Towers selection would
simply duplicate the voice In the management OF
Charles Il. Wright, OF Philadelphia.
Mr. Houghtaling and Mr.. Martin are SAID 10 De
friends of the Colby-Hoyt faction. to whose In
c,orce the independent stockholders largely ascribe
tho Might into which the Northern Pacific has
faren On this account the selections are not sure
n, approval The placing OF Mr.. Livingston on
the directors ticket is something OF surprise 10
Wall Street Mr. Livingston has not been credited
With being friendly to the Willard Wisconsin CEN
trail element. and 1t is not positively known that ne
has acauiesced in the of his name by the proxy
committee The committee. in presenting the
names given above, say: "As the board must con-
sst of thirteen directors. II Will be necessary "
designate two others to complete the ticket II
IS the design of the committee to present names
tor the remaining members of equal character
and usefulness
II is suspected that the ticket was left incomplete
I,b a view to d possible compromise with the
palmont-Ives Committee. This committee ~ under
etood TO desire a more radical change in the man.
agement than is proposed by the proxy committee
II has received assurances OF support IN response
10 the address issued on Monday from large PRIV
portion of stockholders.