Pine Bluff daily graphic., 1900-07-12
COL. W!.F0ROYCE HAS RESIGNED THE PRESI- DENCY OF THE KANSAS
 CITY SOUTHERN. EN ROUTE TO NOVA SCOTIA
Quits in Order to Devote His Time to Numerous Private
 Interests.

Col. $. W. Fordyce has resigned the presidency of the Kansas City Southern Railway, better known as the Pee Gee, effective August l. A St. Louis paper sayf:
 President x. W. Fordyee of the Kansas City Southern will retire from the presidency of that company on the first day Of August. He W ent on to New York last week to attend meeting of the board and at tbat time he rendered his resignation, to take effect as soon as his successor could be selected. Col. Fordyce re- turned to St. Louis Monday aud was at his office in the Chemica building yesterday. Last evening he left the city for Lfief breathing spell in Nova Scotia. He stated that in April last, when lie was elected president of the kansas City South erp, the newly organized Pittsburg and Gulf property. it WAS with the distinct understanding that his ten- ure of the office would be temporary for he told the directors that his Du- merous private interests demanded great portion of bis time and that he could not do full justice in direct ing the affairs of such an important property as the kansas City South ern unless he could give it his whole attention.
 He was prevailed upon. however, to accept the presidency pro tenn, and for nearly four months he has taken an active part in placing the new property in shape, strengthen ing the organization at headquarters along the line. The colonel Is presi- dent of the Little Rock, Hot Springs and Western line, in which he owns a controlling interest. He has large private interests at Hot Springs, Pine Bluff and Little Rock, and he Is concerned in electric car lines at Springfield, Mo-, Richmond, lnd., and other places. He is not getting younger and has been advised to relinquish some of his cares and responsibilities and take fife som j. what easier in future. For 43 years he has beed in active railroad service and during that period has seen some of the brightest and strongest men in the railway world succumb to the strain and pass away.
 The directors of the Kansas City Southern last week asked Col. For dyce to accept the ch h;irmansh'p of the executive committee, but lie thought 1t advisable to retire alto- gether from the service of that com pany. The board thereupon elected MT. Stuart R. Knott. vice president of the Plant system, with headquar- ters at Savannah, as president of the Kansas City Southern. Mir. Kno,t win enter upon his new duties on August 1. MT. Knott was for maLy years vice president In charge of traffic of the Louisville and Nash vile, with headquarters at Louis sille, and he is we'll known in west ern railroad circles. The election is a strong one for the Kansas City Southern interests, with its termi- nus at Kansas City and it's water outlet at the Guf, and it will be considerable factor in the south western traffic situation. Recently 1t was announced that Mir. Knott had beeen selec ed as vice president ia charge of traffic of the Chicago and Alton, but no official statement has yet been made in that regard.
 The new president will meet Gen. erat Manager Edson at Kansas City In a few days and confer as to the organization. It is thought that lew changes i'll be made in either the operating or tra fife departments.