Morning journal and courier., 1893-03-15
From All Quarters. MCLEOD IS PRESIDENT. His Ticket Won at the New
 England Meeting. ALL WAS NOT VERY HARMONIOUS. Counsel Brandies Wanted
 an Investigation. PANAMA CANAL SCANDAL TRIAL. Statements Are Made and Then Promptly Denied.
M,LROD TICKET WON,

M,LKOD TICKET WON.
 The Stockholders of the New Yorl
 and New England Road Have {
 Spicy Meeting Counsel Brandiei
 Makes a Kick and Wants Presiden
 Parsons' Report Investigated.
 BOSTON, March 14.-The annual meetin,
 of the stockholders of the New York ant
 New England railroad was called to ordel in the Meionaon at Il a, m. by Charles A Prince, and, in the absence of the prope, | officers, A. A. Mcleod was unanimousl, chosed to preside and was greeted witt hearty applause. Owing to the non arrival of train boar ing number of stockholders, the meeting vas immediately adjourned for one heur The meeting was again called to order s 12 m. Secretary James W. Perkins rea6 the report of the last meeting. The read | ing of President Parsons report wa, waived.
 Brandeis, counsel for Goldsmith & Go. objected to certain statements in the presI dents annual report and asserted that il should not be accepted by the stockhold CTS without ascertaining their truth. He moved, therefore, that in view of the charges In the president's report with re gard to the falsi6cation of car accounts and fraudulent management of the New England Terminal company and other charges, and in view of the fact that 1t was proposed to elect to office some of the men responsible for these frauds, 8 special com ,,ofkk ,e thn of1 holders be appointed to inquire into the connection of these persons with suoh frauds and to report at an adjourned meet ing.
 Charles A. Prince, vice president, de- olsred that MT. Brsndeis' motion and the entire series of suits of Goldsmith 6 Go. against the road were inspired for the pur- poss of crippling the New York and New England in the interest of other roads. The management of the road did not de- serve the stigma placed upon it. The New England terminal scheme was a tentative one to secure, what the company so sadly needs, access to New York city, and which the Goldsmith suits had so far prevented 1t from gaining. The road was difficult property to handle with all surrounding roads against 1t, but its salvation could not be secured by following the advice of those who would destroy it.
 Mr. Brandeis retorted that MT. Princs spoke for the directors, but that the man who made the charges was the one whom Mir. Prince and his friends had elected president year ago. He also called at tention to the fact that an injunction has prevented the directors from paying in 1899 @ dividend on the preferred stock now appears from President Parsons re- fbot tho diu}dopd patI 1901 had not been earned.
 The discussion between Brandeis and Prines was continued until nearly 1 o'clock. At its close James Armstrong moved that President Parsons report and Mr. Bran dies preamble and motion be laid on the table. It was seconded and the meeting proceeded to vote on the motion.
 E. B. Allen, Simon Davis and O. E. Gooodspsed were appointed inspectors of election. J. F. Goodenough asked MT. Mcleod, while the vote was being taken, since he was likely to represent the road, to give his opinion of the value of the property and the outlook for 1t. MT. Mo- Leod said he was not prepared to do so, but might do SO in future if 1t came about that he was to have any official connection with the property.
 At 1:2O p. m. the polls were declared closed. W. Fl. Starbuck moved to pro- ceed to elect nineteen directors while the vote just cast was being counted. James Armstrong seconded the motion, explain ing that the object was to gain time. MT. Brsndeis raised the point of order that such 8 motion could not be entertained, since the result of the vote just cast might be to postpone such election. The chair man sustained the point of order and an nounoed 8 receas of half an hour.
 At 2:30 the meeting was sgsin called to order. The vote on the motion of MT. Armstrong to table President Parsons an nual report, also MT. Brandeis' preamble | and resolutions and his motion for a com mittee of investigation, was declared as fol. lows: Yes (to lay on the table), 142, ,671 | no, 5,5S9; whole number, 14S, 14S; neoes gary to 6 choice, 74,071.
 MT. Brandeis made 8 motion, recitinR iu detail the alleged questionable transactions ! outlined in his previous motion, and call ing for the appointment of special com
 mission consisting of three stockholders ' who were not officers or directors of tht company, to investigate these transaction and to submit to the stockholders at ar
 adjournment of this meeting, the result o
 such investigation, together with theil
 recommendations thereon. An amend ment was offered to MT. Brandies las
 resolution, and carried, that the mex
 meeting be called by the president insteat
 of by special committee. The resolution
 was adopted.
 | It was voted to elect the directors by | stock vote, and at 2:50 o'clock the poll
 were declared open tor one hour. At | o'clock the polls were declared closed an,
 the Mcleod ticket was elected; the whol
 number of shares voting, 15s. s.074; neces
 sary to choice, 79, ,043.
 1T l~h{
 Thomas O. Platt, New York, 154, ,647; Jc
 seph F. Sinott, Philadelphia, 157. 4S4
 Henry A. Dupont, Wilmington, Del 157
 ASA; Chester w. Chapin, New York, 152 ASA; Samuel Heilner, Philadelphia } deiphia 167, ASA; James W. Dt
 sne. Chicago, 157, ASA; James Armstrons
 New York, 157, ,404; G. H. Earle, jr, Phil dslphia, 157, ASA; Spencer Erwin, Philade
 157, ASA; Joseph Heussler, jr., Jersey Cit.
 157, ASA; Charles Gross, Hartford. 157, ,34 IF. H. Prince, Boston. 154, ,647; O. : Prince, Boston, 154, ,647; B. F. Vaughan
 Providence, R. l., 157, ASA; A. Brook, Le
 anon, Pa., 15S, ASA: D. s. Plume, Wate
 bury, Conn.,, 157, ASA; Charles Parson
 New York, 3,437, Charles Parsons, jl
 New York, 3,437; Alexander E. Orr, Ne
 York, $50; Clarence s. Day, New Tor
 S,4S7; William Lumm1s, NeW ork, S,1c
 The first nineteen gentlemen were q
 clared elected. It was voted to accept t IT powers conferred upon the company ,s the provisions of ohsptsr 182 of the as d of Massachusetts of 1891 or any at
 amendment thereof, and that the dirsote
 be authorized to lease the Suburban rs IT road and to guarantee principal and int Ill | est of bonds of said road which have be
 or may be issued, in 90 far as authoriz
 by law, said interest not to exceed 5 I B. cent, and to make with that road su In contracts to secure their construction . |. lease of such road as 1t may deem fit.
 The newly elected directors of the co B. pany organized by electing the fo1lowil et President, A. A. Mcleod; first vice prs
 dent, F. H. Prince, secretary, James
 Perkins; treasurer, George P. Phipp ,ir With the exception of Mr. Mcleod, all rs the above officers were reelected. Geo
 P. Randolph was appointed general tra
 manager of tho road. The offices of secc " vice president, auditor and chairman
 the board will be filled later.
 Republican Senate Caucus.
 i -T7,> IH