The morning call., 1893-03-15
CAPTURED THE ROAD
Mcleod and His Friends Are In
Possession.
New York and New England Falls
Into the Hands of the Read
ing Magnate.
Special to The MORNING CALI

Boston, March 14.-The annual meeting
of the stockholders Of the New York and
New England Railroad was held here to-
day. A. A. Mcleod presided and was
greeted with hearty applause. The reading
of President Parsons annual report was
waived. Brandeis, counsel for Goldsmith
& Co. objected to certain statements in the
presidents annual report, and asserted that
they should not be accepted without ascer-
tanning their truth. He moved, therefore,
that the charges in the presidents report, in
regard to the Justification of ear accounts
and the fraudulent management of the New
England Terminal Company. be referred to
a special committee to report at an ad-
jOurned meeting, and asked for stock vote
on the motion.
Vice. President Prince declared that Bran
deiS' motion and the suits Of Goldsmith &
Co. were for the purpose of crippling the
New York and New England road in tho
interest of other roads.
Finally. after an extended discussion,
motion was made that Parsons report and
Brandeis' motion be laid on the table, and
the meeting proceeded to stock vote OF
the motion. The motion prevailed, 1851
to $500.
The Mcleod ticket will be elected. This
ticket is made up of A. A. Mcleod of PhiIa-
delphia, Thomas C. Platt of New York aud
their friends. mostly New York and Phila-
delphia men. though 1t includes number of
New England capitalists and James w. DOan
of Chicago.
Later Brandeis made q motion, recIting in
detail the alleged questionable transactions
outlined in his previous motion aud calling
for the appointment of special committee
consisting of three stockholders, not officers
or directors, to investigate these transac-
tions and submit 10 the stockholders at an
adjournment of this meeting the result OF
such investigation. together with their
recommendations thereon. An amendment
was offered to Brandeis' last resolution that
the next meeting be called by the president
instead of by special committee, and the
resolution as amended was adopted. 1t
was then voted to elect directors by a stock
vote and the Mcleod ticket was elected.
PHILADELPHIA, March 1.-THE annual
meeting of the Pennsylvania Railroad Com
Vany was held this morning. President
Roberts annual report was presented. The
proceedings were enlivened by Stakeholder
Lockwood, who said he represented the
English and American shareholders, with
various objections. He also submitted a
large number of intricate questions in regard
to the management, which will be cousid-
cred by the incoming board Of directors.
ST. LOUIS, March IA. - At the annual
meeting of the Missouri Pacific road the
OLD list Of directors was chosen with the ad-
dition of Howard Gould and Louis Fitz-
gerald of New York. The officers will be
chosen later in New York
The annual report of tile Missouri Pacific
and Iron Mountain aud Southern shows:
~
penses, etc, S26, ,237,7 III; surplus, SSO3, SIG
The statement of the central branch of
the Union Pacific, leased by the Missouri
Pacific, shows: Gross earnings, 81, ,319. $50;
operating expenses. SS27, $40; net earnings,
S494, ,0S0.