The times. [volume] (Richmond, Va.) 1890-1903, 1894-08-12
Mr. REINH4RI'S REFORMATION.
His Continuance In ONCE Might be an Oh
STAGE TO x. Organization.

The Times Of yesterday announced tho
resignation Of President Reinhart. OF the
Atchison and Topeka railroad. Below Is
Mr. Reiuharts letter severing his con-
nectiOn with that corporation:
'TO the Board OF Directors of the Atchl-
son. Topeka and santa te Railroad
Company.
"Gentlemen,-I hereby tender my resig-
nation As president and director OF the
AtchisOn, Topeka and Santa Fe Railfoad
Company, and | request that you VIII
forward a copy OF this resignation 10 each
of the auxiliary companies composing the
system, and that the directors OF such
companies will please consider such copy
as my resignation as president ana III
rector Of each OF said companies.
The recent examination of the accounts
Of the company, undertaken WIN my
hearty apr oval, has called attention 10
certain methods OF statement which nave
been the subject OF much adverse Grill
cism. SO far as | have seen, no lmputa-
ton has been made upon my personal
integrity or any suggestion That l have
prohted to the slightest degree by reason
of the matters criticised.
Certain features OF my administration
have, however, been 50 generally crltl-
csed that / feel, whether rightly or
wrongly, | am no longer In fun harmony
with those interested In the property.
Il am satisfied that my further con-
tinuance in the presidency Of the COM
pany might b. an obstacle In the way
OF a speedy and successful reorganization
of the property. / have no desire 10 i'm
pair in any way the efforts now being
made or which may be made hereafter,
TO put the property on sound OASIS Tor
successful operation.
Under these circumstances, II seems
hardly fair that | should continue 10 ope-
rate the property, even though conndeht
as | am that ultimately my course VIII
be found to have been TO the interest
Of Fl an ,,,., 70 add IN tus,,co 70 myself
that | am also impelled to take TINS
L.
some time been seriously impaired, and
do not feel that even under the most
favorable conditions, ought longer 70
continue the strain and responsibility or
thanking the board for the confidence
reposed in me, l remain very respects
VcSSllgneD J. W. REINHART.
Commenting upon Mr.. Remnants
course. the New York Herald Of yester~
day says.
resignation was not the direct result OF
EXpert Iittle's attack. but that before
Mr.. Litues statement was placed IN
his hands-namely, on August sth.he haa
decided 10 step down. He did this. IL
was said after consulting with his
friends. and on their advice.
After reading Mr.. Little's comments on
his reply to the charges Of oyerstate-
ments Mr. Reinhart made Few more
remarks. Mr.. Little had said that the
President lodged the charges ana InAde
no effort 10 refute them Mr. Klein
hart was quoted yesterday "a saying:
II have already refuted In general Mr.
Iittle's statement that the income or tho
Atchison was overstated. and J intend In
another statement which | shall make
10 refute I'm detail each OF the charges
made by Mr.. Little. | had not suflclent
time 70 do so I'm the tWenty-four hours
or less which the Reorganization COM
mittee gave me In which 10 make
reply. -,,,- g.. NJ
Little TO make correct statement con-
corning the last fiscal year or me Atchi-
son at the present time Ihere are GER
tain accounts which cannot APPEAR pIop-
erly vet. When those accounts can APP
pear in the right manner lntehd 20
refute In detail the statements made
Nv Mr. Little concerning the alleged
overstatement OF the income OF the
system" ,.,hi,,,
Mr. Reinhart refused 70 say anything
further after he announced his resigna-
non Some Of his friends think they see
Il, tho abcp. statement the intention or
tindicating himself. or At least showing
that he Is not a'One " O'N''''
all. 49,. A.. po,,bar, had
,..,ason ~ believe that he would be asked
49, 10 REORGANIZATION Committee or other
,yamential parties 10 resign-in plain Ian.
','',,e that he might be forced out OF
o,Tcn-and perhaps he thought II was
n~ra graceful 20 fOrestall them.
Mr. Reinhart was quite wei! known III
Richmond financial and railroad circles.
lie was at one time connected Win inc
Chesapeake and OHIO.