The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-11-17
HARPERS HAVEA NEW HEAD
G. n. NJ. HIRvEY MADE PRESIDENT or
UARpER & BROTHERS

Said to Have Bought ~. 100000 Worth Of
the stock-succecds John W. Harper
The Mcclure Deal IL On-statcment
J. Henry Harper. Vice President OF Harper
x Brothers. announced last evening that ut a
meeting OF the Directors Of Harper 4 Brothers
yesterday afternoon. George b. NJ Harvey.
editor and proprietor OF the North American
Rsrier. was elected President and Managing
Director Of Harper h Brothers. He added that
Mr.. Harvey had purchased from the shnro
holders n large interest In the Company The
organization as completed at yesterdays meet
Ing was IA follows: President. q. Is. NJ lInr.
vey first Vice. President. John W. Harper; Sec
ond Nice-Prcsident. J. Henry Harper; third
Vice. President Clarence W. Mcllvaine: Sec
rotary. James Thofnc Harper: Treasurer.
Henry :. Harper. and directors In addition to
the onlcers above named. III. II. Harper und
james Hnrppr.
The changes consist Of the substitution 81
Mr. Harvey as President in place oi Mr.. John
and The fri rem TT 81 Mr John Harper Whose
condition OF heu,th renders 1t impossible for
him to attend TO busihcss.
The STOCKHOLDERS Of our company" Mr.
Harper added. 'hays felt for some me the de-
STABILITY Of obtaining as the active bend oi our
E having 'cxrersn s sho"i "so be- young Dung
enough To- handl. eirectyeIy a large organ.
iz,H,,Ion; We Invited COL Harvey to , ISEs
success. both in journalism mud business.
and later especially with the North american
took charge %, il ~ May Thi, achievement
naturally attracted III. attention OF ourselves
- well asol other publishers. and our share
proposition TO assume the management of
Harper Brothers. ON terms which We know
which AZ any rate were satisfactory to him aud
after consideration. accepted. lilo will enter
| White no definite statement could DO oh
tanned last evening from the parties IN inter
est relative 10 the terms on, which Col. liar.
a svS renor,er, wa, Informed, Tia! Coi. liar:
! yey has secured holdings OF the stock Of the
900 par value, The stock which -C5i Harvey
| acquired. however. cost him $50 shar'.
| The same stock was appraised a few months
The additional Information was gIyen that
the alliance of the interests 81 the :. s. Mcclure
John " " H fT ANN" SnnouSccd las, june. was
! never actually complete At the time IN.
I a.t Hisht i SaI no, the approval OF some
q the Harpcts who were out Of town
when they w"r" consulted they regarded
publications Of the two companies differed, SO
s Sni he s Ind nS was could i1d Mr.
Fly attend 10 in his own &c company. wIthou,
going into another one. Therefore no papers
Il ia said; were ever .iGncd This stG,emen,
| whether the stock thai 5 \ Mcclure was
| 20 have held in Harper 4 Brothers was still II
| his hands Al any rate the deal with the ;. \
Mcclure Company is now .1n. 1t was sup,
! posed. under that deal, that n number o
| changes made In the Harper stan and the
publication OF tho Round Tate was sus'
! pended.
The announcement Of the alliance Will
10y John " Ilsrpcr The statement
about the arrangement with Col. Harvey
is given out by j Henry Harper.
Col. Harvey viii continue to edit and publish
the North American Rrrie1r. Col. Harvey cam,
10 New York from Newark several years ago &
become managing editor OF the World III
hcli this post for n time and then went int,
business. Later he became private secretar
TO William {, Whitney. was Interested in sew
eral Of Mr. whitney's companies aud hecnm
Mr.. Whitn-ys agent in n number az larc
transactions He lett Mr.. Whtney'S cmpo
when ha acquired nsrollng interest in th
North american ksrtstr. He is about 30 year
old.