The Topeka state journal., 1901-06-21
BUT ONE PRESIDENT
For All Vanderbilt ROads-A
Vice President For Each.

New York, June N.-It has been
anticipated that in view OF MI.
Newman's elevation to the pres1-
dency of the New York Central, a. sue
cessor to him on the Lake Shore would
be chosen, and several names We're
suggested in connection with the~esuc-
cession- The action finally taken IS
regarded as an indication that the pol
icy of the Vanderbilts in the future will
be to have but one president for their
entire system, with vice president In
charge Of each of the several proper
ties composing.
E. D. Worcester was reelected vice
president of the Lake Shore road The
directors of the latter also declared the
usual semi-annual dividend of BE per
cent, and made it payable July %. The
treasurer's statement for the first half
Of 1901 showed gross earnings of $l3.-
4S5,50S, an increase of $50 per cent, and
net earnings of $6,064,02S, a decrease Of
At per cent.
The Lake Erie & Western directors
declared a dividend of 2 per cent. on
the preferred stock paya BILE June Is.
The gross earnings for the first half
of the year were $2.153, 1872 and net
earnings $511, $40.
The election of Mr.. Brown as a di-
rector, additional vice president and
general manager, fills the place on the
board made vacant by the death of John
W. Doane. The directorate of the Mich
igan Central declared a dividend of
per cent on the capital stock. and the
board of the Canada Southern div1-
dend of per cent on the capital stock.
The joint statement of the two roads
showed gross earnings for six months
of 1901 of IS. 100000.
Chicago, June 21.-The election of w.
@. Brown to the vice presidency and
general Inanagership of the Lake Shore
q Michigan Southern railroad caused
no surprise in Chicago but gave rise to
the liveliest satisfaction in railway
circles in which Mr. Brown has long
heen recognized as an official mark
ed ability. The Office of general man
ager Of the Chicago. Burlington &
Quincy railroad which Mr. Brown has
resigned will be filed by the promotion
of F. A. Delano, present superintendent
of motive power for the Burlington.
This appointment as we'll as that of
J. T. Deems, assistant superintendent
of motive power, to succeed Mr-Delano,
was announced today by President
Harris as soon as the latter was advis-
ed of the election of Lake Shore direc-
tors. Mr.. Browns headquarters will
be in Cleveland, 0. Practically, he will
be president of the system as all the
duties of that Office will -devolve upon
him owing to the multiplicity of Pres
ident Newman's connections with other
Vanderbilt railway properties, notably
the New York Central of which he is
also president
Il regret very much to lose Mr..
Brown" said President Harris of the
Burlington. For many years we have
been closely and extremely pleasantly
associated. However he has my con-
gratulations and best wishes in his ad-
vancement."
w @. Brown was born forty-eight
years ago in New York and in 1870 be-
gan working for the Chicago, Mil
waukee & st. Paul cording wood and
serving as a section hand. Later he
learned telegraphy and worked as
train dispatcher for the Illinois Cen
tral and the Rock Island systems until
1876. when he was appointed train dis
patcher for the Iowa division of the
Burlington From that time his ad-
vancement was rapid, and in 1890 he
was made superintendent of the Iowa
division, and in 1895 he was chosen
general manager of the entire Bur
lington system with headquarters in
Chicago. which Office he has held con-
tinually since.