The herald., 1896-07-22
ALONG THE RAILROAD LINES
First Annual Meeting of Valley
Read Directors
OLD OFFICERS REELECTED
Extension Beyond Fresno Seems Some.
what Problematical
nanager Warren Of the Great Northern Re.
tlres-Rumored Change In o. r. IN.
Management Is Denied
A associated Press Special Wire.

Associated Press Special Wire.
SAN FRANCISCO, July 21.- The first
annual meeting of the San Francisco and
San Joaquin Valley railroad today
brought out a full attendance Of stock
holders.
Claus Spreckels presided at the meet
ing and submitted report to the trus-
tees of the years work in building the
new road. Secretary Alexander Mackie
made a report in detail of all the money
received and disbursed. The last re.
port read was that of Chief Engineer
Storey which dwelt upon the character
of the construction work accomplished
in building the new road between Stock
ton and Fresno during the past twelve
months.
The trustees then proceeded to elect
a new board of directors for the ensuing
year. All of the members of the old di-
rectorate were reelected save w. F.
Whittier, who, at the last moment, de-
clined reelection because his business
demands his presence out of town fire.
quently and for long periods of time.
]. A. Hooper was selected in his place
Mr.. Hooper is part owner of the Stock
ton Lumber company. The trustees
then retired, after deciding not to give
out for publication the annual reports
submitted to them. The new board of
directors Immediately reorganized by
re-electing Claus Spreckels as president
and Robert Watt and Capt. A. II. Pay
son as first and second ice-presidents,
respectively. The Bank of California
will continue to be treasurer and Alex
ander Mackie secretary. 1t was thought
best to postpone until next Tuesday final
consideration of the forms of bonds and
trust deed for the s6,OOO 900 to be raised
to make additional extensions.
The road is now completed thirty miles
south of Merced and by August 1 the
track will be laid to the San Joaquin
river. BY August 4th the bridge over
the river will be ready for the track and
then there will be no interruption in put
ting down the track to the city limits of
Fresno. The opposition of some property
owners to building the road through
that city along Q street has not yet been
removed. Until it shall have been. all
work will be stopped when the track
reaches the city limits.
A RAILROADER RETIRES
ST. PAUL, July 21.-Charles H. War
rem, after a continuous service of fit
teen years with the Great Northern rail-
road, the last two being as general man
ager. has laid down his harness. The
announcement was made through a cir
cular issued from the presidents office,
saying Warren had been granted leave
of absence for an indefinite period. Su-
perintendent Barr of the eastern di-
vision is appointed to the general super
intendency of theentire system.
ONLY A RUMOR
NEW YORK, July 21-In we'll informed
railroad circles here the rumor that C.
P. Huntington has acquired an import
ant and controlling interest in the Ore
gon Railway and Navigation manage
ment is discredited. The report, 1t is
said, grew out of the mutual agree
ments entered into recently in regard
to rates. This statement is confirmed by
members of the Oregon Railway and
Navigation reorganization committee.