The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-08-20
FUEL AND IRON.
War in Colorado Industry Has Beer
Peacefully Settled.

Denver, Col, Aug. 1s--Ine annual STOCK
holders meeting of the Colorado Fuel
and Iron company was held at the Of
fees of the company in this city this af-
ternoon. About four-fifths of the stock
of the company was represented and the
following directors were chosen: John
c. Osgood, Julian A. kebler, George j.
Gould. John D. Rockefeller. Jr., F. ].
Hearne. Fred T. Gates. Z. II. Hartman.
Edwin Hawley, Ben Nicoll, j. II. Nc
Clement James H. Hyde, E. w Ogie-
bay and E. Parmalee Prentice
There being no quorum of the diTec-
tors present. the directors meeting for
the election of officers was postponed
and will be held next week in New YORK.
The statement was given to the press
that the following members of the ex-
ecutive committee have been agreed up
on: John c. Osgood, George ]. Gould.
f. ]. Hearne, j. d. Rockefeller, Jr., and
Fred T. Gates.
The following statement by Mr.. Osgood
was given out:
Denver. Aug. 19-I have not had time
to attempt TO answer or correct the
numerous statements and guesses in re-
gard to the changes in the management
of the Colorado Fuel and Iron company
which have appeared for more than
month past in the Denver papers.
There is really nothing TO add TO the
statement which ! made at the time l
resigned as chairman Of the board OF
directors. The strong financial interests
which have acquired control of the stock
meeting. and who will give 1t thhe finan-
cial backing which is necessary to the
full development OF its properties. have
treated me with the utmost considera-
ton and fairness. and~at no time has
there been the slightest friction or an
tagonism between myself and the new
interests. 1 can state positively that i!
is not the desire of these interests TO
change the character of the corporation
as a distinctly Colorado enterprise. and
that the business will be managed by
residents of Colorado.
There is no intention Of making whole
sale changes among the officers and en-
ployes of the company, no changes Will
be made except when necessary TO i'm
prove the service. Every present en-
ploye will stand on his merits. and It IS
the desire OF the new interests to retain
all the old employees whom they find COM
petent and satisfactory.
Y feel the same interest I'm the succeT
OF the Colorado Fuel and Iron company
that I have throughout the existence OF
the corporation and have never had any
thought Of going into any line Of business
or engaging in any enterprise antsgonis-
tic 10 the Colorado Fuel and Iron COM
pany and so far as I am able 10 do so,
l shall render the new management every
possible assistance.
The few officers Of the company who
have resigned have done 50 voluntarily
and not on the request Of the new In
terests. feel that the people Of Colorado
are to be congratulated that tbs corpo-
ration. in which they have taken 50
deep an interest and which IS 50 closely
allied 10 all the business interests OF the
state IS IN the hands OF men Of such
high standing n the business world. and
whose financial strength Vill enable them
10 build up the enterprise 20 the fullest
limits OF its possibilities
fSieredD JOHN z OSGOOD."
The annual meetings. and elections az
officers we're held by the following com
panies which are auxiliary TO TIE Colo
rado Fuel and Iron company: The Aneri-
con Fuel company the NinneqGa Torn
company. the Steel Wheel ana WAGON
company. the Crystal Land ard Improve