New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-08-12
THE ATCIJSON PRESlDEN CT
ONLY TEMPORARILY FILLING TIE Place
D H. ROBINSON. FIRST VICE PRESIDENT TO
ACT AS PRESIDENT MEETING or TIE

D H. RonIxsoS. FIRST vIcErnEsIprNT. TO
ACT As PRESIDENT MEETING or TIE
BOARD or DIRECTORS
A, a meeting OK the BOARD ~ Directors OF the
A,chlson Topeka and santa Fe Railroad yesterday
the resignation OF Joseph ". K"nhhrf as pfeS'-
dent and director accepted. l. wii. TAX" eN"''
ON September l. "a much earlier as possible "''''
he shall have competed the details 4 business re-
oulrinr his attention. Upon Mr.. K'inharts retire
men, Daniel y. Robinson hrsi vice-prehient ~ the
COMPANY VIII perform the duties ~ president unt'
the Office Is permanently hiei Tn" directors elected
- + Cheney ir.. OF Boston. A. director TO MI me
vacancy caused by the death OF Robert HATES some
time ago
Tn. directors present at yesterdays meeting were
ur Relnhari colonel John J McCo,k. Alden Sp'ar".
George A. Nlckerson William Libbey ]" 9"Very
and Thomas Baring-just quorum MI 'h"h'S'
r IS the OF present director. r"tI'd 'ap''d'-
list Of large fortune VINO Is probably the largest IN
diydual holder %. stock and bonds OF the Aichi'on
svs,en The elder Cheney is In poor health 1T
present and cannot bc relied upon to make quorum
and 1t was deemed advisable FOR TINS reason AZ
,y.u az to give his large interests representation
in the board that his son be placed IN IN" board.
The directors took action whatever IN reference
70 the recent disclosures in Atchisons finances The
question OF a new president was not discussed ami
Will not be for some time tn" position l. com
par,tIvcly unlmpoTiant 20 long as IN" property Is
managed by the Court, and nothing IL hkely 10 De
done until the next annual meeting or unih thcr"
has been some progress made In preparing TO restore
the company 10 sovency
The General Reorganization Committee yesterday
announced that all reorganization questions would
be- he'd I'm allegiance until stephen Little could com
plcie the work laid for him by the committee.
Mr. Little was employed - ascertain IN" exact state
Of the company's floating debt its earning capacity
and income account: and upon his report VIII depend
the question as to whether the plan OF r"organiza-
ton as announced last June will be modified. or re-
arranged entirely Mr.. Little Will be absorbed for
the next few weeks In work connected with his
position as general auditor Of the Denver ana kio
Grande Railroad. and will not be able 10 give at
tcntion to n further investigation OF Atchson's ar
fairs for a month Thomas Barring sailed for
England on the steamer Aurania yesterday. Robert
Fleming and John LGden. representatives, OF the
London and Amsterdam bondholders. Will sail FOR
Europe this week to report the present situation To
their clients and consult with them TO future
ton. Mr. Relnhart has made no plans for the fu
ture but It probable that soon as he can close
up his relations with the property he will take Il
long rest.
WHO WILL BE MADE RECEIVER?
There Is general satisfaction In Wall Street that
Mr.. Reinhart will retire from the presidency and
recelvershp Of the Atchson. Financial and railroad
deeply interested In the subject Of his
receiver the question OF the presidency
under existing circumstances being considered I'M
material. Not the faintest idea be entertained
who will be appointed by the Court. as Judge
Caldwell Is independent man OF strong indi-
viduality whose course cannot be predicted by any
one here In the East. Mr.. Remnants resignation
has been laid before the Judge by Wheeler IL. Peck
ham as counsel for the Union Trust Company. trus-
tee for the Atchson bondholders. but 1t will doubt
less be Il week two before any action Will be
taken by the Court. 1t Is not improbable that the
Court will take cognlzance OF the Developments OF
the Little report on the overstatements OF income.
and possibly It's decision action In the matter may
have important bearing on the progress OF reor-
ganiZaton schemes.
There is every confidence felt in the ability OF
Daniel b. Robinson. first vicepresldent of the Atchi
son. as Mr.. Reinhart's temporary successor In the
presidency. He has been the head Of the operating
department OF the system. and stands high In the
railway world. He was born In st. Adams. VI. In
lSi1 and first entered the railway service In 1856.
He was freight clerk Of the Central Railroad OF
Vermont his native place until 1863, when he
OF the Central Pacific Railroad at Sacramento.
From November. 1870, to 1889. he was successfully
agent assistant superintendent and general superin
tendent OF the New-Orleans and Mobile. In 1880
Mr.. Robinson went TO Mexico as the general man
ager OF the Sonora Railway. and from October.
OF the northern division OF the Mexican Central Rail-
way. He then took the position OF general manager
Of the Atlantic and Pacific Railroad. his first
nection with the Atchison system He retired in
September. 1885. and in November. 1856. accepted
the position OF general manager Of the Colorado
road. but in January 1889. he accepted the place OF
assistant to the president Of the Atlantic and Pa
cihc Railroad. May 81, OF that year again becom-
Ing general manager Of the road.