New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-18

don;. the Amsterdamische Bank OF Amsterdam
and the Deutsche Nere.nsbank, OF Frankfort on-
the-Main.
The bankers syndicate has been considerably
have already assented 10 the plan.
NORTHERN PACIFIC ANNUAL MEETING.
PRESIDENT BRAYTON IVES on THE OUTLOOK FOR
THE COMPANY.
At the annual meeting Of the stockholders Of the
Northern Pacific Railway Company yesterday, the
following directors were elected without opposition;
August Belmont. Henry l.. Burnett, j. Horace
Harding. Marcelus Hartley, f. c. Hegeler, Bray
ton Ives Donald Mackay. William f. Rogers. w. F.
Sanders, John +. Searles George X. Sheldon,
Winthrop Smith and Charlemagne Tower. jr.
A resolution adopted instructng the directors
to prosecute suits against Henry Wizard and others
for the recovery Of moneys alleged to have been
wrongfully appropriated.
Brayton Ives, president Of the company. made the
following statement at the meeting:
1t is pleasant TO be able TO report a decided inn
provement In the condition of the company during
s s sn hpa s s ra nd by
increase to date of the present fiscal year is ss64S
or eGn h e
Will continue.
there Is to believe that they viii be OF short
duration. and In any they can hardly be as
costly to the road as the management Of the cd
The stockholders are to be congratulated
the failure OF a plan terminated Dy the ADAMS
Committee which. under the guise OF reorganZa-
ton, intended to secure the absorption OF the
Northern Pacific by the Great Northern. and its
elimination an Independent corporation Fortu
nately. the plan was open to so many objections
y survived It's birth. 1t Is rumored that the same
parties striving TO reach the same end by
different means but there is little prospect of
cess. The Northern Pacific has seen its darkest
days. The region through which IL runs is grow
ing. and must grow rapidly any In the
try. For years the road has been weighed down by
incompetent dishonest management. If II can
q a "A
to give good returns to Its security holders and sat
isfactory service TO the States which II traverses
Mr.. Ives said he had known the road for
years but had never before 1t better prepared
TO handle the business which he foresaw
ing TO 1t.
In reference to a settlement Of the warning inter
ests. Mr.. Ives said both sides seemed TO him to
realize that It their duty to reach agree
ment soon possible, and he had good grounds
for saying that in a short time the present differ
Northampton. Mass. who said to 100
shares and hold some proxies. offered the follow
ing preamble and resolutions:
Whereas During the last year the directors have
not only devoted much time and care to the inter-
ests of this company, but also have been
PEELED 10 advance to 1t the money needed to protect
its interests and preserve its existence. therefore
Resolved. That the thanks of the stockholders
are hereby rendered to the directors for their
ton In the premises, and the same is hereby APP
proved and ratified.
Resolved. That the directors be and they are
hereby authorized and requested to continue to urge
and prosecute such claims OF this company as they
may deem just and proper, and to do all things
needful to that end
. The resolutions were adopted without dissent