New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-10-26
THE FIGHT IN ATCHISON,
a POINT GAINED BY THE PROTECTIVE AS
ISOLATION.
prsrpArNrSG ORDER ISSUED AGAINST THE CID
BOARD OF MISUNDERSTANDING foH
THE COURT TO DECIDE ON


THE COURT 70 DECIDE on
CUMULATIVE VOTING.
Topeka Kan. Oct. %.-The Atchison otocAhoiu
ers Protective Association this morning Haue soo'
its threat of last night. Before the hour Tor ths
mornings meeting all the old Board OF Direc'o's
were served with restraining order issued py
Judge Foster enioning them from electing Board
NJ Directors unless the cumulative methoo Oh
voting as required by the Kansas statutes was
used The order made returnaoie MohoaS'
October @ ,,
A. A. Hurd general attorney of the Atchison
system in Kansas says that the law on 'iie SUI
iec, NJ cumulative voting does not apply 70 the
company and he is satisfied that the courts VIII
SO decide He says that the charter OF the con'-
pany was issued before the law proNiulHs io'
cumulative voting was passed
The meeting was called TO order al ~ oClooh
this morning by d. b. Robinson acting president
NJ the compa1y The first order of business WAS
the appointment of a committee on credehtaS' !"
ascertain WHO held proxies and the amount vi
stock each person was authorized 10 vote. MI.
Robinson named as this committee Charles BLOOD
c,n,,b lanes Walker ir and George W. Porter.
oil friends of the directors. Newman ED HoNeu
that Henry Wooman, an attorney OF the ilo'e''''e
Committee be added, but this was promptly 'o'eu
down The meeting adjourned to the afternoon.
At the afternoon meeting a further Adjournment
was taken TO await the action of the court
Tonight the "Protectives" are bitter in their de-
nunciation of the treatment they received at the
brief meetings of the stockholders this morning anu
this afternoon and they especially SO because oil
the refusal of the majority TO permit them 10 read
a resolution which they had prepared to present to
the meeting, providing Tor thoroush eN"'''
of the companys affairs.
The Protective Committee will object 10 the "
rectors voting stock for which they 90 not holu
proxies from bona-fde owners on TINS Poin ro tas
directors are little concerned. They hold proxies
from the men who apear on the books as ihe owl
ers of the stock, and say that IL Is a'Ways
for stock to be voted on this authority / ne 10
cumulative voting system, expects TO nave Sune,sm
strength TO elect three and possibly fOur ulieGtol
The three directors agreed upon are General - r.
Tracy Theodore W. Myers and Henry CIews Inc
claims that the directors have 3O0v shares OF tiIe
same kind President Myers and MS associates IN,
sst that this stock is not authorized 20 pe notg
by its bona -f1de owners. il cannot be USED IegaIiy
n the stockholders meeting Iney VIII not tIole
fore attempt vote the 5000 shares IN tfler pos
session and will endeavor to prevent the urec'oi'
from voting their 100000 shares. ,,, A..
In legal circles I Is not considered probaDe that
Judge Foster will make the temporary restrain
ing order issued to-day permanent, as IL Is zen.
orally considered that the directors nave me oeS
This slpposition is correct the 'ProtecuVes VIII
get no foothod in the Board of Directors, ana the
Company will continue under the old management
The directors will in all probability eject IS, r.
is only twentysix years old but Is the largest m
dividual owner Of Atchison stock; his hoia ing,
amounting to 2O,coo shares He inherited mem ZEN
fuctuation- in value from the highest TO the pres
emit low point. All of the representatives Of the
.'Protectives" left Topeka tonight. General tracy
in the Injunction case, which comes up at 10 o'clock
that day.