The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1900-03-26

The annual meeting OF Tue -
of the Consolidated Traction SoAip'1l,' iiil, =;
took place today, when the ioii0"'
rectors were elected
r. c. Jenknson,
Jeremiah O'Rourke. IA; Nil y, PaIAy Ward
- b. Gaddis, i1anrv Iernbeck
Albert q: JsniiiHs9' . B. Nj. Stanley, Jr.,
1ohn I, im ! E. mes. McArthur, Dudley tarpane' Ypang
J. *. Corbiere, T.
David Young.
A. the subsequent meeting OF the olreo-
fors tbe following were elected ohiesis.
Tnsoectors of Annual Election ffeuei.o.-
= Tfchenor. Joseph C. jenkins; Ffesluetr,' ~ u
Il g young; Vice Presidents 4. -
caddis B. NJ. STANLEY, Jr.; treasure -
N Hill: Secretary, Thomas ). 1eo-5 ar.
NJ clarence a. Griscom moved ana MI.
william ]. Davis seconded the lolio"S1i lIE
resolution touching the death
Rernard NJ. Shanley:- . .a+ors
paso1ve5 That the Board OF Dlrectols
Of the Consolidated Traction COMPANY
SesirA to nlace on the minutes OF the COM
,,,,,, that by the death of Mr. Der .
NJ STANLEY. when occurred at NeWain a.
+ ON the nineteenth day Oh March
n 1850. this company loses not only
director. but its organizer and moving
spirit. .,.. .on-
prior TO the organization of this COM
ronv in March, 1898, Mr.. Shanley sluoleo
the street railway conditions IN the ota'e
az Nav Jersey, by examining eXlstilis
nronerties. the streets and highways anu
the laws then. relating to the subject anu
concluded that new conditions were arls-
so that would have to be treated IN
he
1au,s to be prepared and when they were
adopted by the Legislature ne lililneuAese- M
" organized the Consolidated TRACTION
company and grouped into on properly
the street railways so that they Iuriilsii-
ed continuous and Interchangeable car
.arvice in the counties of Hudson, ESSEX
Passaic and Union.
The general application of the new laws
and the success of the company brought
into existence street car companies III an
narfs of the State, and no greater mea-
sure of Mr. Shanley's business success
could be furnished than the contrast OF
street car transit throughout the State as
il existed in 1892, with the facilities at the
service of the travelling public at this
date.
The stockholders, through the Directors,
elected Mr. Stanley as President OF the
Company in May, 1898, and as evidence OF
their appreciation, but not as a measure
of his service directed that a certain
compensation should be paid to him as
President of this company, the same to
cease at his retirement; up to this time
he had held no Office in this company and
his election TO the Presidency was post
cd IN a ct
friend and best adviser associated with
the eompany's welfare.
Mr.. Stanley was a man of striking per-
sonal appearance, had the ability to ex-
press himself clearly in a few words. and
a pleasant or severe manner were equally
at his command He told his plans fully
and invited discussion; when prepared to
go ahead he did so without hesitation and
inspired confidence in his associates and
met distractions by removing or avoiding
them with a clear perception of the end
in view, his industry and franEness
brought from his assistants their willing
aid.
Born in the city of Newark and having
his business office in Jersey City he had
spent his life, met his business success
and formed his acquaintances in these
communities; be believed that this part
of the State had a great future and re-
lied on the people in these neighborhoods
to support him, and when he had his
problems well in hand he gave them OPP
portunities to share in the properties he
created believing that a local ownership
was a benefit alike to the companies and
the localities.
The years between his manhood and
death at fifty-two years of age are too
brief to measure the lifework of this in
dustrious man; the public enterprises he
established will develop the places where
in they are located, and the continuous
growth of these municipalities will estab-
lish in permanent form the value of his
services.
In Mr.. Shanley's death this company
has met a loss that cannot be wholly
filled; his family a loss that cannot be
adequately expressed, and to them we
extend our sympathy and direct that a
copy of these minutes be forwarded.
There is only on change and that was
in the presidency of the company Last
year there was one vacancy in the board
of directors and Mr.. Shanley's death made
two To fill these vacancies Messrs. E. r.
C. Young and David Young were elected.
Following the Traction Company's cleo
tion was that of the North Jersey Street
Railway Company, when the following
gentlemen were elected Directors:-A j.
Cassatt, E. F. G. Young, Thomas Do1an,
P. A. B. Widener, John d. Crimmins, j.
Roosevelt Stanley, Leslie D. Ward, w.
L. Elkins, Peter Hauck, John F. Dryden,
John F. Kehoe, F. o. Mattheissen, David
Young, George F. Perkins, A. O. Garrett
son.
Fl c. Ross and Geo. H. Waters were in
spectors. The directors afterward elect
ed Mr.. E. F. C Young. president