The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1900-07-13

| THAT what he had done had been at
the instance of Mr.. Reed to be false
He had not known until after the d1-
rector's meeting that Mr.. Gilbert had
done this
had not recognized the fact of there
being any directors outside of Glencoe
since the April meeting. He then
Mr. Hunt ''Why did you never
conform to the request of the April
meeting?"
Mr.. Reed :"You were not stockhold-
ers until you accepted the stock Most
of the stock holders were in Glencoe,
consequently there were few to no
tify."
Mr. Hunt: Ibid you notify
Messers. Cook and Benson
Mr.. Reed: mo, no meeting was
called.
Mr.. Hall: Are you in favor of
thirteen directors?''
Mr.. Reed; II am. If the thirteen
directors are to be men opposed to the
road, we don't want them in -
Mr.. Hunt: HDo you know of any
who are opposed to it2'
Mr.. Reed: 81 know that there was
one who was opposed and advised
against everything that was progress
with the road. -
M. G. Willard: WAS that one from
! Mankato?''
Mr.. Reed: YES, and that man was
Mr.. Hunt. !"
Mr.. Hunt denied the statement
strongly, declaring it to be an absolute
falsehood He said that he had caught
Mr.. Reed in so many mis-statements
that he would not have any more of it.
Mr.. Reed had adopted the belief that
he (Mr. HUNT was working in the in
terest of the Milwaukee road, but
there was no truth in this He had
never put one iota of block in the
| way of the road until he had found
that the company consisted of one
man power. Then he had concluded
|
dence since then in the ultimate sue
cess of the move.
Mr.. Reed said that when Mr.. Hunt
came into the company he was in
formed that he was working in the
| interest of the Milwaukee road, but
| he hadn't taken much stock in it. Mr..
Reed stated several circumstances
that had made him think that there
was something in the report.
Mr.. Hall asked Capt. Reed whether
he had ever heard from anyone in
Mankato that the Mankato directors
were not acting in good faith.
Mr.. Reed replied that he had not
He would have called stockholders
meeting if they had taken stock as
agreed.
Mr.. Willard said that he saw no OBJ
| lection to go ahead now and organic
ing as proposed
Capt. Reed suggested that the merits
of the road and his controversy with
Mr.. Hunt be submitted to COM
mittee of three disinterested Mankato
men, and he would abide by the result.
Mr. Willard said that he had heard
that some of the construction COM
panies mentioned in connection with
the road had no standing. He had al
so heard that Capt. Reed was working
in the service or interest of J. J. Hill.
Capt. Reed said that he had already
heard this charged at st. Cloud.
w. l.. Hixon said that as a so-called
member of the board of directors he
could substantiate all that Mr.. Hunt
had said, as he had been present at
the meetings Mr.. Reed had entirely
ignored the agreement made at the
st. Paul meeting and had gone ahead
with the survey. All of the Mankato
directors had acted in good faith
He believed that certain people who are
dissatisfied can control enough money
to build the road. When it was seen
that it was one man road, the Man
kato directors refused to do anything
If the road could be put on legal
basis they were willing to go ahead
with it. He believed that it would
be the greatest thing that ever hap
pened to Mankato to get the road here.
A. E. Clark said that there was no
question about the legal right to re-
organize and increase the directorate.
to thirteen, and it can be done in
three to six weeks He called on Capt.
Reed to answer whether it is proposed
to reorganize on the basis agreed on. -
| Mr.. Reed said that it was as soon as
some genuine stock holders are secured
along the line and they request it,
| Mr.. Patterson said that some people
had paid on their stock and gotten no
better treatment than the Mankato
men.
Mr.. Patterson said the people here
wanted to know what Mr. Reed was