New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-10-06
4 REPLY TO THE DIRECTORS.
THE ATCHIsON PROTECTIVE COMMITTEE MAKES
Az APPEAL TO STOCKHOLDERS

THE ATCHTSON PROTECTIVE COMMITTEE MAKES
Az APPEAL TO STOCKHOLDERS.
The stockholders Protective Committee Of the
A,chson Topeka and Santa Fee Railroad Company
have issued circular letter 10 the stockholders IN
reply to the circular sent out By the management
OF the company on October asking for proxies for
the coming election The Protective Committees
reply gives the facts upon which statements IN one
Of their previous circulars were made and to which
was taken exception by the directors The circu-
lar issued Yesterday Was in part as follows:
1t would tot be necessary for this committee to
take any notice of the circular OF the directors OF
ortohar 2 $50, but for some statements therein
mad characterlzng as an unqualified falsehood'
the statement heretofore made 70 the ERECT that ne
new members OF the Board Of Directors are mercy
substitutes for the retiring persons 1t must De con-
ceeod by board that the new members were noi
selected ~ the stockholders OF tne coinpaIE, "If
II t. Therefore pertinent question 10 inq muir ID
They could scarcely have been substituted TOT tne
old members Of the board without having irsi pee,'
invited by their predecessors 70 take their positions
The old directors had but about one month NOR TO
serve prior TO the regular annual election OF tn IN,
company Their designations while uncer me AZ
tack Of this committee are IN themselves S's"''-
cant. -, ,,o ro, hoard that II
has not the slightest connection with or Response
blty FOR the mistakes and msfortunes OK tne pr
CONS MANAGEMENT Os the cOmpanys aHaNs IN
Of the admitted facts tnat the accounts Gl
the company YER f3r years ,asne Snu actual cs con-
dition u the companys affairs. and that disburse
ont any vouchers on file to show for the same. so
gr as as ca, be ascertained the gentlemen now ask
70 be- iutrusted with the confidence OF me STOCK
holders and the control cf property. mildly char
ncter'zing them as mistakes AMI misfortunes 0i
th hs rcw Roari Of Directors Will address
ITSELF TO probe to the bottom what IL regards
as mere mistakes and m.sfortunes OF It's prede-
ctssors. ,-,.,. 1890.
be- continued one or two years. This announcement
IL made b.caus. it - now apparent that the Cen
cra Reorganization Committee has failed in securing
suifcen, support from the securI,y-holIer 10 en,
ccute lis plans. AMI Il j. therefore mhle appaIen
tina. the property must D." kept IN HtsAto' ui ny
s1rn. new plan is formulated AMI brought 10 the
attention 81 the security holders. and by It's ac-
ceptance To intrench themselves in control OF the
property , ,,,,,
ron of the value OF the stock from $40 70 81 r,r
share within "A few years. inficng serious loss upon
thousands - innoceIt investors. certainly demands
i, rigid Investigation. The stockholders thus far
have been cropping about as In a dein'e iog N
rao,rI :, m. many irregulirite and wrongs which
remain q mystery. II an aggressive poicy Is u DC
pursued looking 10 thorough overhluIlnE ol tn'
IaSf ranlgcmcn,. and an ascertainment OF It's INSIDE
workings and the Application of IN" MIN Dns oi doi
lars involved In the present "rccNdSe' II can oi'.S
b, accomplished through such agents or the stock
holders selection who Will be under no obligations
I, The Old icaulgomcnt. The stockholders now have
A choice OF eectng entirely new Board ot d.
rcctors with no connection with past manlSemenlS.
or on the other hand. OF supporting directory the
majority 80 whom. from the facts above submitted.
,r, TO, NV affiliated wiki or appointed directly
or indirectly at the instance II the retiring members
BOSTON. Oc, 5-The Boston News Bureau says:
The leading hnancers OF New-York and Boston are
refusing support Of proxies t. the socaled Atch.son
Protective Committee. 1t Is definitely stated to us
that C,lone! Thompson of the National Lead Com
many: H. . Mills Cornelius Vanderbilt +. W. VAN
dcrbnt w Seward Webb William II. Male CORNER
Is OF the Protective Committee. oliver Hartman
and other leading nnanciers have refused 10 give
proxies to the so-calied Atchs)n Protective COM