The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-05-20
NEW n. P. OFFICIALS.
Belief That There WIN De Q
General shaking Up.
Mn. mrHeNRv TO STEP DOWN.


Tacoma. Nay ia-spezai--oosaD sboua
the rec-xarsxaron OF TIE Northern Pact
e has besa rife II local railroad circles
ever since the visit here q President
R-aytoz Ives. Eerhert Turner. Fra7c.a
Lyrde S,etso1 and Victor AsraHitx. rho
attorneys representing tee VARIOUS inter
esss i tie property. Since tie return yes-
tsrday Of Ge2erzi Manager G. W. Dick
srsoa trur q three weeks trt2 TO New
York ard ct1er Eastern etties- .1k-e las
been more TAX than ever ccnce-4cg TIE
personnel OF the mznaxsrDe1f that VA
have contrib Of The rad AFTER the prop
e<ry L. turned over TO the committee a
which J. PisrDonf Morgan Is chairman
Although II appeared from The Asurud0
maintained by President Ives that there
vas nolhtng il tie way Of q speedy AID
hxrmocaou< fulfiIlmer, OK the p.acs q
the Reorganization committee. yet there y
the best kind o. reason for believing that
many Obstacles will be encountered before
the great property Of the Northern Paa-
&c Is once more placed OF its feet and IN
the haEds OF the new company tia, VIII
coctroi It's cestinieA
The Pos,-Intelligencer correspondent
has been informed By men in a position
10 know. that a certain faction-so called
for want OF better term-of the stock
holders OF the Northern Pacific are far
Morgan committee, and. while they have
not as yet taken Up arms against the
plans and purposes Of the committee. 1t
- known tina; they are determined not
20 abide by the conditions laid down in
the committees published plan for the
reorganization Of the company. Tho
stockholders referred to by the Post-In-
relIgencer's informant reside principally
In Philadelphia. and one OF them u
10 kevt ar
Mr.. Wright is far from being satisfied at
the basis upon which holders Of common
and preferred stock IN the old company
are to be accepted into the new corpora
ticn. and other stockholders in Phiiadel-
phia are believed TO be Of the same mind
as Mr.. Wright Just what course the OBJ
jecting stockholders propose to take has
not yet been given out. but IL Is believed
that the courts viii be asked to inter
fere in the premises. There are many
ways in which legal questions can be
raised, the effect OF which will be to de-
lay the fulhllment of the reorganization
plan.
Many runors have been in circulation OF
late In Official circles regarding the new
officers that Will be placed in control Of the
company when the change 10 made The
average railroad official would give good
deal to be able to name the slate" as the
politicians put IL Nothing more than pure
speculation concerning the new general
manager is encountered among raiiroaders.
unless II be a persistent runor that Gen.
eral Manager kendr.ck is 10 be succeeded
by Comptroller John S. Scott. Mr. Scott
Joined the Northern Pacific two years aga.
having left high Official position with one
Of the Gould properties to accept his pres
ent office. He Is said 70 be a splendid all
around railroad man and 10 possess enor-
nous capacity for work. He has been
identified with the railroading profession
all his LIE. AMI stands high In the esteem
Of those who know his worth.
The SSatleman referred TO above, who,
while be does not occupy any position with
the Northern Pacific. yet Is in a position to
know the secrets Of the higher circles. has
IL that the new management VIII be made
up without reference to the present powers
at St Paul. This means that Mr.. Nc
Henry, when he Is discharged from his
onerous trust as one Of the receivers OF the
Northern Pacific. Will take a subordinate
position or else leave the road entirely.
II Is morally certain that the bitter AMI
niostties that were engenie-ed between
the officials and attorneys Of the Eas, end
and those OF the West in the late receiver
ship controversy. will have an important
bearing upon the selection by the Morgan
committee Of the officials who will be
placed in power with the incoming Of the
new company. II Is this fact that Is the
cause OF feeling Of suspense and uncer-
tainty that exists among officials all along
the line.
General Manager Dickinson, who re-
turned yesterday from the East, when
asked about these matters, said that he
was not In possession OK any Information
touching them. Beyond saying that he
found the road IN splendid condition on his
return trip. Mr.. Dickinson had nothing to
give out.
James NJ. Ashton. assistant general ccun-
sci to Receiver Burieigh. was asked about
the reorganization OF the company and the
new management He said that these
were matters that neither Receiver Bur
leigh nor his counsel had any knowledss o.
Further than this, Mr.. Ashton refused to
discuss the matter.