Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1897-08-27
f c. CROSBY IS OUT.

lie Resigns rs President aud Director
Of the street Railroad CumpRuy---
Carlos u. Jones y the New superin-
tendent
The dissension between some Of the
stockholders of the Bratteboro Street
Railway company and President L. c.
Crosby eliminated Monday afternoon in
the resignation OF Mr.. Crosby as president
and director The company is now with
out a presi lent and will remain so until
the next meeting OF the directors, which is
to occur next Tuesday. A directors meet
ing was held at 10 o'clock last Saturday
morning for the election of clerk. treas
urer and superinl endent, the president and
vice president having been elected the day
following the annual meeting, Aug 9. The
elections did not take place, however: in
fact no business was transacted except TO
postpone the election TO O'Clock Monday
afternoon at Mr. Crosby's request. Mr..
Crosby made this request because he
wished more time in which to determine
what action he would take in regard to re
maining in the company as its president.
he having learned that the fight which pre-
coded the annual meeting had not ceased
and that it was planned to elect some mem
Der OF the company to succeed him as SUI
perintendent. 1t should be said here that
Mr.. Carly was only nominally superinten-
dent, never having been elected by the
board of directors.
Mr.. Crosby, after thinking the matter
over carefully, concluded that in the in
terest OF peace and harmony among all the
stockholders he would resign, and his res
/ ignation was rendered Immediately upon
D no frr M har of Z ha a
day afternoon al the probate office NJ
| longer a director Mr.. Crosby at once left
| the room. To say that Mr.. Crosby's ac-
ton was a surprise to the majority OF those
/ present would be a mild statement of fact.
After the directors had recovered from
/ their surprise the business Of the meeting
| was taken up. Some thought Mr.. Crosby
meant 20 sign only as president. while
/ others thought his resignation was as both
/ president and director Il would not do TO
I elect a director 10 succeed Mr. Crosby un-
less he had resigned as such. so the clerk
WAS instructed 10 confer with NJ. Crosby
not only for the purpose o. settling that
point but to expires, TO- him the wish OF
the directors that he withdraw his resig-
nation Mr.. Crosby stated that his resig-
nation was intended both As president and
/ director and that i was hnal
Nj Waterman was then elected pres
dent, but he refused Go accept the office
AMI each Of the other directors were mount
mated u turn. bu' each declined 90 bee q
candidate. The matter was then put Over
% the next meeting The election 90 Till
the other office, resulted as follows
Clerk, Frank l.. Hunt: treasurer, H. L.
Emerson; superintendent, Carlos X. Jones.
On Tuesday morning Mr.. Jones and Nj.
/ Crosby went 90 the car barn on Pine
street, where the men were called together
and informed of the change and the man
agement was formally turned over into Mr..
Jones hands Mr. Carly will probably
bee retained as electrician, as he is expert
in tina, line Charles 4. Smith of the
firm of ;. A. Smith ~ Co., will probably
be chosen director and possibly president
to succeed Nj Crosbv a. Smith W4-
named on the ticke q, the OPP lion q
! Mr.. Crosby at the lasl annual meeting.
Nj Crosby states that he entertans no
Ill feeling against the road and that he will
do all in his power TO make it a success.
1t is rumored however, that he has dis
posed OF all or nearly all OF his stock. and,
while he will neither affirm nor deny the
report, the indications are that il is cor
rfan