New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-10-31
CONTROL OF KANSAS ROAD.
VOTING TRUST RECONSTRUCTED.

CHANGES IN THE KANSAS CITY SOCIf1EnN
OBSERVATION-DISCLOSURES J. GOULD ELECTED.
The control of the Kansas City Southern Rail-
way Company about which there have been so
many rumors recently. is now virtually lodged
with the interests controlling the Chicago and
Alton Railway Company, as appears from the
following announcement, made yesterday after
noon:
The voting trust of the Kansas City Southern
Railway Company has been reconstructed by the
resignation of John Lambert, William Edenborn
and Samuel R. Shipey, and the election in their
place of Z. H. Hartman, George j. Gould ana
Otto H Kahn
Within the last few days it has been declared
both in Chicago and this city that John w.
Gates and his associates had purchased the in
terest of E. H. Hartman and his friends in the
road, and then that there had been retransfer
to the Hartman syndicate of the whole prop
erty. 1t can be said high authority, however,
that neither of these alleged transactions has
occurred.
The Kansas City Southern is the old Kansas
City, Pittsburg and Gulf road. extending from
Kansas City to deep water at Port Arthur, Tex.
with a total length of S73 miles. A. E. Stilwell,
president Of the Pittsburg and Gulf company.
it will be remembered. made the first move for
the purchase of the Chicago and Alton Railroad
Company, but was unable to carry out his plan,
the controlling interest in the Alton being sold
in April 1899, to syndicate composed of z. H.
Hartman, representing the Union Pacific and
the Illinois Central; George ]. Gould, represent
ing the Missouri Pacific; James Stillman, repre-
senting the Missouri. Kansas and Texas, which
is controlled by the Rockefellers, and Jacob H
Schiff, acting for the Baltimore and Ohio.
At about the same time the Kansas city,
Ptttsburg and Gulf fell into difficulties and two
reorganization committees were formed one
known as the New York committee and the
other as the Philadelphia committee. The plan
of the latter prevailed, ard under it the prop
erty was placed in control of voting trust
composed of John w Gates, then chairman of
the board of the American Steel and Wire Com
pany: William Edenborn. director of the same
company; Herman Sielcken, of w. H. Crossman
& Bro; Samuel r. Shipley. A. f. StilwelL presl-
dent Of the railroad company; l. de GolJen ana
A Heckscher. In November Messrs- StilWeh,
de G0ijen and Heckscher. the representatives or
the old management, were succeeded in the Vot-
ing trust by John Lambert, the president Of
the American Steel and Wire Company; James
Stillman president of the National City Bank.
of this city. and General Louis Fitzgerald, pres
dent of the Mercantile Trust Company. The
property of the Kansas City Pittsburg and
Gulf was sold at auction on March l9, being
bought in for the Philadelphia committee, and
at the same time its successor company, the
Kansas City Southern Railway Company was
incorporated.
By the changes announced yesterday in the
voting trust of the reorgauized property. Messrs.
Lambert & Edenborn Mr.. Gatess associates in
the Steel and Wire Company, and Mr.. Shtpley
go out: but Mr. Gates himself remains a MEM
Der of the voting trust do also Mr.. Stillman
who represents in the Kansas City Southern as
in the Alton the Rockefeller interests in the
Missouri, Kansas and Texas. and Messrs. Fitz-
gerald & Siecken. Mr.. Hartman, who now en-
ters the voting trust, stands for the Union Pa
cific and Illinois Central interests. as he does IN
the Alton; Mr. Gould, another member or the
Alton syndicate, represents in the Alton man
agement as well in that Of the Kansas Clty
Southern the Missouri Pacific and its important
group Of affiliated railways IN the Southwest;
and Mr.. Kahn, the third new member OF the Vot-
ing trust. is member of the banking nr!h Oh
Kuhn, Loeb e. Co, and such was 70 oe re-
garded as a representative of Baltimore ana
Ohio and Missouri, Kansas and Texas interests.
These changes mean. in the view or wan
Street, that threatening element in the ran
way field in the Southwest has been eliminated
and that there can be in futule no danger that
the Kansas City Southern Will become rate
cutter With the control of the Kansas Clty
Southern in the present voting trust, II is fur-
ther said Kansas City is likely TO become the
centre of a harmonious system of railways
reaching westward through Omaha by the
ITrion Pacific to the grain regions, eastward 10
the Atlantic seaboard by the Baltimore and
Ohio southwark by the Kansas City Southern
and bv the Missouri Pacific and its allied lines
10 Galveston and the Gulf, and 10 interior points
in the Southwest, and northward by the Chicago
and Alton Railway TO Chicago