New-York tribune., 1900-01-14
NEW HA VEN DIRECTORS MEET
WILLIAM E. BARNETT IS ELECTED
THIRD vICE-PREsIDENT.

Keen interest was manifested in the monthly
meeting of the Board of Directors of the New
York New-Haven and Hartford Railroad held IN
the Grand Central Station yesterday forenoon This
interest was due to The Tribunes announcement
early in the week that William X. Vanderbilt and
his associates had made tentative offer to lease
the road upon basis of per cent guarantee
the stock 1t was thought the question might
come up at the meeting. William K. Vanderbilt is
off on his yacht. and is not expected back Tor
about two months. Samuel r. Galloway, president
of the New-York Central, and Mr.. Vanderbilt's
chief adviser in matters of this kind is also out
of the city. and final action is expected until
one or both get back, but 1t thought that the
New-Haven directors might discuss the subject and
come to some decision in order to meet Mr.. Van
derbilt in conference when the time comes.
After the meeting It denied that the subject
had been touched upon but The Tribune ascer
tanned that IL was talked over informally, and that
there was a difference of opinion in the Board
as TO the advisability of the lease AS the matter
in purely speculative form, however, no one
considered it to be of immediate moment. Various
members of the Board manifested keen interest to
know just how far the negotiations had gone be-
tween Mr. Vanderbilt and his associates and the
New-Haven directory, but nothing was adduced.
About two-thirds Of the members Of the Board
were present when the meeting began. Among them
were President John NJ. Hall, William D. Bishop,
Charles p. Clark, Senator Chauncey NJ. Depew,
George NJ. Miller, ]. Pierpont Morgan, William
Rockefeller. George J. Brush, Leverett Branard
ana CnarleS f. CnOate. PRESIDENT HAN, III adNdnCS
of the meeting said that nothing unusual would be
discussed and unusual business would be trans
acted. Senator Depew said he expected nothing
extraordinary to be done at the meeting. The fol-
lowing statement was given out after its close:
At the regular monthly meeting of the Board Of
directors of the New-York New-Haven and Hart
lord Railroad Company, held in New-Y to-day
William E. Barnett was elected third vce-president
OF the company. Mr. Barnett was born in Charles
ton, S. c. February 20, 1885, fitted for college in the
Hopkins Grammar School, New-Haven, Conn; en-
tered Yale College in 1860; was graduated in the
class of 1864 and after teaching school year.
took a course of law at the Albany Law School,
where he was graduated in 1867 He then served a
short term in the law office of George H. Watrous
formerly president of the NewHaven Railroad and
started to practise law for himself in Bridgeport in
the fall of 1861 In 1869 he took the place of presi
GENTS secretary and attorney of the New-York and
New-HaVen Railroad, with offices in NeW-York, and
served In that office till 1887, when he was made
executive secretary, with offices at New-HaVen. He
continued in this place until July /, 1885, when he
was appointed attorney for the company in charge
of its department of law, real estate and taxes,
which place he has held until the present promo
ton. Mr.. Barnett's duties will be those of a
porate viee-presdent, and he will. under the direc
ton of the president, have general charge of the
strictly corporate affairs of the company dstin-
guished from construction, transportation and traf
hc matters.