The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-28
sosroS AVID ALsAyps FATE
The stookhsldsrs Meet and rnks Ts.'
Vote.


BosToN, Sept. az = Very little was accom-
plished at the annual meeting OF the Boston
and Albany Railroad stockholders to-
day. and the question Of a possible over
turn Of the directorate is atill In doubt.
The counting OF the vote OF stock
holders on the question OF putting
OF the election OF directors to Nov. Is Is ex-
pected to take several hours and the meeting
meantime stands adjourned until tomorrow
noon.
Tho stockholders met at IL 30 A. NJ. at the
South Station. President Bliss in the chair and
moro than 400 persons present. After routine
business Samuel Hoar. q member Of the
present Board Of Directors and counsel
for the company. read what he styled
report supplementary to the annual report re-
Gently issued by the directors. Mr. Hoar in
this paper reviewed the negotiations with
the New York Central on the lease
question and embodied recommendation
that the annual meeting be adjourned without
choice Of directors to Nov. IS IN order TO give
the stockholders time and opportunity to study
the proposed lease. Mr.. Hoar moved the adop
for the Protective Committee. cal led for q stock
vote on the question, 50 1t was laid over tenn
poraraly
1t was voted to defer action upon the lease
itself to Nov 10. as previously agreed upon.
II was voted 70 reduce the Der Of directors
WAS adjourned to meet after lunch in Bum
stead Hall. which could better accommodate
Y Banstsad Hall Mr T' F5stsr Explained that
the Protective Committee objected to postpone
ment Of the election OF directors. believing II
would De equivalent to a ratification OF the
Mr.. Hoar then. spoke at length, urging the
Protective Committee asked the directors
some time ago to refrain from issuing
might WITH he
oommttee,s efforts to get better terms from
did did S sSd Eo .n e'n .sdd.a This the sp 81
s IVY cc%mltt.s pFooQs.d "r e si:ss new
that III, date .,. aaS tn; . annual MEETING dIi
tG S, :xs ns dFf proSsry f%: ors ss
stockhoiders Mr.. Hoar then charged that
. siS Of the new men on tho pireetors
stock between them. Mr. .Hoar- read a letter
trail, in which the latter said chat his road
would abandon the lea Of leasing the Boston
and Albany rather than assume larger oblga-
lions than those mentioned in the proposed
Mr. Charles .. Eylsr. for the Protectiv. Com
mlttee urged change in the management OF
the road and said the new board could better
carry ON negotiations for a lease than the old
one.
samuel ], Elder made strong plea for the re-
tentton OF the present Board OF Directors. as did
Also prdnois A. BROOKS. tnOuRn the lhtter SAID
he was also opposed to the lease. There were
aevernl other speakers on both sides and then
they proposed to have the lease
amended in important particulars be-
S"ssr On Ssv .o s,s 3. .tS.s
tive Com mittee's plan to put a minority Of the
present Board Of Directors on the new board
was futile because they would not serve.
The stock vote on the question Of postponln ing
the election was then taken. At 2 So D. m the
polls were closed and the meeting adjourned
TO tho south station where &C 3 o'clock 1t was
announced that the count was not finished.
The Meeting was consequently adjourned
to Tomorrow at noon.