New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-15
RAILROAD INTERESTS.
READING OFFICERS REFLECTED.
THE ENTIRE BOARD CHOSEN AGAIN WITHOUT
OPPOSITION.

THE ENTIRE BOARD CHoShN H"Ai''
OPPOSITION.
PHILADELPHIA. Jan. 1.-Two hundred STOCKHOLDERS
-, ,hn phIlaIoIpba and Reading Railroad. or their
renresentatlves met in the Reading Hailroad once
=, ,oon today to attend the annual meeting OF
the company. william Henry Lex. who Tor sew
eral wears has acted as chairman at the heau'nS
annual meeting. again chosen 10 oihc"'e III
the same capacity. In contrast to last year gain"
r,no Isaac l. Rice. who aspired 10 the presidency
was not represented and only one tcke; was pr
scented for electon-that Of the present MANAGEMENT
President Harris began reading his annual report
five minutes after the meeting began. but he was
interr1lp:cd every few minutes by william H. Lock
wood who repres antcd minority sharehol"eFs MI
Lockwood offered resolution that the annual re-
port he printed week before the annual eiec-
ton so as to "enabe the shareholders to get
more Commemorative understanding OF the report
President Harris declared that such thing wouli
be impossible and after some debate Mr. Lock
wood allowed his resolution to be referred TO the IN
coming MANAGEMENT The next interruption by MI
Lockwood was more pointed and was: what are
the salaries of the receivers" The chairman ru'e'
the question to be out OF order. lnasmuch as the
Reading receivers were appointed by inc o'ii'eu
States Circuit Court and are responsive 10 th''
tribunal Mr. Lockwood then asked President n l
ris What Is the salary or the pl.s,u.Gi..' roned.
the recevership?" Mr. Harris instantly rep"e'
Wha is the salary of the president OF the Read
Ing Coal and Iron Com2anyg was e tnf took ok bani
frOm Lockwood.
a, this iinct,re and informed the interrupter tht
the meeting was held by the railroad st2ckn9' DER,
soclv and had nothing 10 do with the coal ana IRON
company. . =, tIo,,o1 howe,,or
Tow no AT once offered resolution 10 the cn"ct tha
a committee OF three shareho.ters be appointsi
By tho meeting to inquire from the Court what me
salaries of the receivers are. Chairman Lex rui'i
mis- TO be Irrelevant. and George f. Baer. or tcad-
ing one OF the Board Of Managers, explained that
the meeting had nothing 10 DO with the eNP+ns's
OF the receivershlp. The matter then ended al! MI
IOckwoods efforts being Intellectual. other inter
,r,fftu fr0r Gr
the same source. and il was o'clock whe1 Nt.
Harris concluded the reading. Mr LOCKWOOD mon
offered another resolution that committee OF seven
stockholders who are not connected with me pres
ent manag, mcnt be appointed by the chairman -
make an appra!scment II the property examine
into the Liabilities and ob!gaiins OF the company
etc This attempt ~ furtheriug reorEaniZatoa WAS
aso futile the resolution being referred TO the IN
coming management.
A. I:l5 O'Clock the polls were opened for the ele'-
ton OF "A president. six managers "A treasurer anu 4
secretary and the following we're reelected: ir'-l-
dent joseph : Harris. managers. \. j. Ante'o'
James Boyd Joseph T.. Slnr ut. Thomas Mexican.
John Iowbcr Welsh and George +. Baer; treas
urer William \. Church; secretary. William T.
TAYLOR.