The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-11-25
A STRUGGLE
TO CONTROL
Gould and Hartman in
Fight for Stock.
FINANcIERs WRITELETTER
Colorado Fuel and Iron Com
pany Bone Of Contention.
George J. Gould Says He Wants
Directors who will Operate for
Stockholders--other Inter
ests Ask for Proxies.

New York. Nov. N-The struggle for
the control Of the Colorado Fuel and Iron
Company was marked today by the is
suing of circulars to the stockholders
of the rivtaI interests represented by Mr..
George J. Gould and by Messre. Edwin
Hawiey and e. H. Hartman. Mr.. Gould
in his circular declares that the use OF
his name in a circular dated November
10 calling for proxies was unauthorized.
In response to Messrs. Hawley and
Hartman he declares that II has been
distinctly understood that Mr.. Gould unite
with them In an appeal for proxies.
Inquiry being made of MT. Gould at
Lakewood after business hours today he
made the following statement:
II have issued q circular to the stock
holders of the Colorado Fuel and Iron
Company. l prefer not TO discuss the
matter further at present"
Appears in Wall Street.
A circular purporting to be issued by
George J. Gould and concerning the fight
of the control of the Colorado Fuel and
Iron Company. appeared in Wall Street
today. At the Office of George ]. Gould
word was sent out In response of an in
quiry about the circular that Mr.. Gould
did not want to say anything either as
to Its authenticity or supplementary to 1t.
The circular Is addressed to the stock
holders of the Colorado Fuel and Iron
Company. and says:
During recsnt absence from the city,
ascertained that my name had been
used in a circular dated November 10th,
requesting your proxies. This call was
made without my knowledge, consent or
authority. neither the circular letter. nor
the form Of proxy Herewith enclosed
had been submitted me. On my return
to the city promptly disavowed all re-
sponsibility for such call and proxies. ]
therefore request that all proxies bear
ing my name and executed In response
to such irregular be revoked.
"As, however, own and control sub
stsntial interest In your company. ! In
vite your cooperation at the coming cleo
zion of directors. and enclosed 10 form
OF proxy by signing you will revoke any
former proxy signed by you and will in
trust the representation of your interests
to my associates and myself on the as
surance that your proxy Will be used for
the election of directors who will direct
the company for the sole purpose for the
interest of its stockholders
Accompanying this circular 10 proxy
made out to George j. Could. O. p.
Butler and John II. Clement.
In accordance with the foregoing circu-
lar the following has been issued to the
stockholders of the Colorado Fuel and
Iron Company by Edwin W. Hawley and
E. H. Hartman: t -
I'm view of a misunderstanding as to
Mr. Gould,s desire to join In the re-
quest heretofore made for proxies cover
ing stock of the Colorado Fuel and Iron
Company, the undersigned will esteem 1t
a favor II you will kindly execute the
enclosed envelope for use Gin lieu Of the
proxy previously signed by YOU at the
substitute annual meeting OF the stock
holders Of the Colorado Fuel and Iron
Company to be held at Denver. Col, on
December 10, 1902 or as otherwise pro-
vided in said proxy"
The proxy accompanying this circular
carried the names Of Edwin Hawley and
e. H. Hartman.
An Additional Letter.
Edwin Hawley and E. II. Hartman, az
ter a consultation late this afternoon sent
out the following additional circular let
ter:
ITO the Stockholders Of the Colorado
Fuel and Iron Company:
Referring to the circular letter of Mr.
George j. Gould under date of November
q. 1902. the undersigned submit the fol-
lowing:
ION November they had conference
with Mr.. Gould at which it was agreed
that Messrs. Hawley, Gould and Harri-
man should join in request to the share
holders OF the Colorado Fuel and Iron
Company for proxies in their favor. At
this meeting a printed form of proxy
was presented for consideration and was
approved by all. including Mr.. Gould. The
form contained the names of Edwin Haw-
ley. George J. Gould and E. H, Hatri-
man as the persons in whose favor the
proxies were to be made. Mr.. Hartman
made some suggestions looking to slight
alterations in the form of the proxies
and these suggestions were likewise ap-
nroyed by Mr. Gould. There was no men
ton by any one of a desire TO see another
proof Of this proxy. The proxies in IA
vor of Messrs. Hawley. Gould and Har-
riman in the Identical form thus agreed
upon were mailed to stockholders before
Mr. Goulds departure for the South on
November II and the undersigned were
therefore much surprised to receive let
ter from Mr.. Gould dated November 10
in which he stated: While there had
heen some discussion of the advisab ility
of calling for proxies, Understanding
had been reached as te me making OF
anv call or as to the use of any proxies
which might be received II the call should
ION the contrary the undersigned not
onlv understood that they had distinctly
agreed with Mr.. Gould that the call should
be made with the proxies in the form ap-
nroyed by him, but fully believed that
thew had agreed with him as to the use
which should be made of such proxies
when received
AT the subsequent meeting on Friday
last November ~ Mr.. Gould proposed
that the proxies already obtained should
be divided between himself and the un-
dersigned. The latter, however. insisted
that under the circumstances the proxies
should be returned.
THE undersigned again request that II
Won are willing to entrust them the rep
resentation of your interests at the com
ing meeting to be neld December 10, you
will execute the form of proxy In their
favor already mailed to you ana return
the same to them. They are individually
large shareholders and their only inter-
est and purpose in. this matter Is to Sc