Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1894-06-09
PROSPEROUS YEAR.
The Rock island 3 Healthy Bus.
mess Showing.
AxNuAI STOCKHOLDERS MEETING.

ANNUAL STOCKHOLDERS MEETING.
Ppssiaeas n. u. Cable Reelected and w. n.
rvsesAsie Bosored With . Responsible
Fosstioa-Generni and Local Railway In
sosoatios.
The annual meeting Of the stock
holders OF the Rock Island road was
held in Chicago this week, and the
reports Of the business done the past
year maze n satisfacto Dry showing.
The financial statement for the wear
ending March 81 denotes handsome
increase in both gross and net earn
ings, over the preceding year, which
indicates that the road was far from
being seriously affected BY the de-
preston said to exist in railroading.
as had been reported. All the direc-
tors whose terms had expired were
reelected directors, and at meeting
OF the latter the following officers
were chosen:
Prosideut-R. X. Cable.
First Vice Prcsident-Benjamin
Brewster.
Second Vice President and Treas
urer-W. &. aPurdy.
Third Vice President-W. II.
Truesdale.
Assistant Treasurer and Assistant
Secretary at New York-G. T. Boggs.
Assistant Treasurer and Assistant
Secretary at Chicago. +. Phillips.
Assistant Treasurer at Topeka-C.
+. Jillson.
Executive Committee-R. Il. Ca
BILE. Benjamin Brewster. W. X. Bish.
op. II. II. Porter and Marshall Field.
Mr.. Truesdale Honored.
A Chicago paper. speaking of one
Of the results of the meeting. says:
The election Of w. II. Truesdale
was something OF a surprise. and is
due to the fact that other roads have
been anxious to secure his services,
the Rock Island taking this step to
identify him permanently with the
interests of the road. He will also
become general traffic manager. sue
ceeding II. A. Parker, who will here
after be chief engineer and assistant
to the president. Mr.. Truesdale is
the eldest son of DIR. G.. Truesdale. of
Rock Island. and grew to manhood in
that city. He began his business
career as n bookkeeper. and about
twenty years ago entered the general
Offices Of the Rockford. Rock Island
Il st. Louis railroad as assistant to
Auditor j. P. Whitehead. He has
ever since been identified with rail-
road management. For number of
years he was the assistant traffic man
agor Of the Chicago. st. Paul. Mime
apolis & Omaha road. and in 1888
was appointed assistant to the presi-
dent OF the Minneapolis 4 st. Louis.
Hc,was elected vice president of the
road about year later. and in Oc-
tober. 1887, was elected president.
The Minneapolis X st. Louis road. Of
which Mr.. Traesdale is the president
and receiver. is 10 be foreclosed in
about two months. The Rock Island
has n controlling interest in the
property. and Mr.. Truesdale's cleo
tion rs third vice president Of the
Rock Island indicates that the latter
company will become the owner of
the Minneapolis 4 st. Louis.
The Rock Islands Move.
This morning was the time set for
the Rock Islands answer To the petit
ton for writ Of mandamus com.
polling il to use its Twentieth street
depot premises for the purposes
specified under its charter, but in
afaod of IN . L ~, oo,,..~ a.. .z.-.-.-
ny in the name Of President X. X.
Cable and through its attorneys. Col.
Henry Curtis and A. S. Wright. filed
n petition for removal OF the case to
the United States circuit court at
Chicago or Peoria. accompanying the
same with the proper bond. The petit
ton recites the joint relations be-
tween the government of the United
States and the corporation. under
which the Rock Island bridge was
constructed for the purposes of tran
sit, the Rock Island bearing half the
cost Of the bridge. one stipulation
being that the railroad should re-
move the old bridge, which it did in
1872, and the object of the construc-
tion Of the new bridge being to facil-
itate interstate commerce and the
carrying Of the U. s. mail, the Rock
Island being post route by U. S.
law; that the route through the city
OF Rock Island was in consequence Of
this agreement assigned by the sec
rotary of war, and which made it i'm
possible to continue TO use the TWEEN
tieth street depot in consequence OF
the necessity Of running trains by
means of ~" involving a delay OF
30 minutes, which would be contra
~ to the act Of congress Of June Is.