The times. [volume] (Richmond, Va.) 1890-1903, 1894-08-09
KFJNH4RT 10 RESIGN
As Presiden. and Receiver OF the Atchi'on
Railroad Company.

The following. from the New York
World Of yesterday. will be read with
interest by the many friends IN Richmond
Of Mr.. Reinhart president or tnt Al'il-
son railroad. Mr.. teluhart Is we'll Known
The much-talked-of meeting Of the
Atchison General Reorganization Commit
tee was held yesterday, ana the
tional report Of Expert stephen
Little regarding the finances OF
the road was presented; but the pubic
IS Still I'm the dark as 10 the imporlai'
Whatever it is. 1t caused the members
Of the committee to maintain most
rigid silence as TO what they heaId oui
ing the two hours they were together. II
was 2 o'clock when the committee mtt.
1t consists Of K. SOmers Hayes, chair-
man. L. A. Won Hoffman,, Edward y.
Gibbs, Frederick +. Olcott, Louis Fitz
gerald. George G.. Haven, Adrian lselin'
with Herman hObbe, secretary. and Chas.
c. Bcaman and John X. Dos Passes
Ai were present with the exception of
Gen. Fitzgerald and Frederick +. Olcott.
Robert Fleming, representing certain
English interests in AtchisCn, was pres
ent. but Mr.. Thomas Barring and Mr..
Reinhart were absent, not having been
invited. when the meeting was ended
Secretary Kobbe, for the committee,
made the following statement:
Mr. Little presented his detailed re-
port with reference to the oVer-state-
ment Of the income account during the
four years ending June 80 1881. This
report confirms the statement he has
heretofore made to the committee. After
IL had been read the committee resolved
to send a copy OF the report u Mr..
Reinhart. the president of the Atchison
road. and that he be informed that at
a m.eting tomorrow at o'clock he
and The other officers Of the company
may present 10 the committee any writ
ten statement that he or they may wish
TO make with reference to the report or
any other matter
This was all the committee had 10
say. II was learned however. that Mr..
Lttle's report was a long one. dealing
entirely with the matter of over-state-
ment of income. This overstatement
the expert places at $4,000, Of which
he attributes &.5@.e0 TO rebates. lie
also finds other oVerstatements of in
come. it is said. which aggregate nearly
5000 900. 1t was also reported that Mir
Little found the expenses Of the road
understated more than million dol
lars.
These are the matters which President
Reinhart will be called upon TO explain.
Mr.. Keinhart. IL is said. was given 10
understand that he would be put In pos
session of copy OF Litue's report as
soon as the committee finished its meet
ing. Mr.. Reinhart waited I'm his Office
until 6 o'clock and then he was tod that
Ii would be sent TO him. lie remained in
town and waited at his hotel expecting
every moment 10 get Il copy Of the re-
port. AT 9 o'clock he was notified that
the committee would be unable 10 furnish
him with copy before 10 o'clock this
morning, the excuse being that not
enough typewriters could be found TO
complete il.
sThis action OF the committee will proba-
bly, delay the hearing OF Mr. Relnhart I'M
Ill tomorrow. The meeting set for to-
day at L. NJ. will probably be postponed
a day.
Ii Is learned upon good authority that.
acting upon the advice OF his friends.
with whom he has been in close consul
tation upon the subject within the past
forty-eight hours, Mr.. Reinhart will read
Expert Little's report. go before the re-
organization committee and make a full
explanation OF the charges, and then ten
der his RESIGNATION both as president and