Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1904-11-01

StItHuous elIOTts WcIe maui Wy
the officials OF the Santa Fe here
yesterday to conceal the fact that
T.. II. Hartman was represented al
the annual meeting OF the stockhold
ers, says Fridays Topeka State Jour
nal. While all the retiring directors
We're elected yesterday, 1t is now
stated that at a meeting of the direc.
tors to be held in New York City
soon three of the Santa Fe directors
will resign and three new men will
be elected representing the new in
terests.
There are 2.1Gl,966 shares Of com.
mon and preferred stock Of the com
pany. At the meeting yesterday L.
4S6,175 shares were voted exclusive
OF the shares which were held by Mr..
Harrlman's representative.
The executive committee voted
1,470,SSS shares of stock in the elec.
ton yesterday and 1921 shares were
held by the dozen other stockholders
present.
1t could not be learned just the
block of stock which Mr.. Hartman
holds. 1t Is, however, large enough
70 warrant the holding Of another
stockholders meeting open three
hours after the original time set for
adjournment.
The regular work of the election
was accomplished in a few moments
but the Hartman stock blocked the
adjournment Of the meeting until af-
ter 4 o'clock.
At O'Clock yesterday Mr.. Victor
Morawetz, chairman of the executive
board, came out of the directors
room and sent a telegram to p. II.
Hartman in New York. 1t could not
be ascertained definitely what the
message contained, other than il was
in regard to the voting of the block
IF stock which was held here in his
interest.
At 4 o'clock the meeting adjourned
and the stock had not been voted.
But it is now stated that three of the
Santa Fee directors will shortly re-
sign to make room for Mr.. Harri-
mans representatives on the board.
The Santa Fee officials displayed
great reluctance in talking OF the
matter. Shortly after 4 O'Clock Vic
tor Morawetz consented to see the
representatives Of the press. He in.
sisted that there was nothing to be
told. He said, however, that "it Is a
fact that many sales Of stock had oc-
Cured and a substantial amount OF
stock has been acquired by certain
rich men in the east"
Mr.. Morawetz was very reluctant
to discuss the subject at all and in
sisted that inasmuch as the outside
holdings of stock had no influence
on the election that the matter was
of no consequence.
Mr.. Morawetz stated that the COM
mittee voted more stock in the cleo
ton yesterday than had been voted at
any previous election for several
years. At the annual meeting last
year very close to two-thirds Of the
stock was voted. At the election yes
terday a trifle more than two-thirds
of the stock was voted.
New Freight Service on National.
The National Railroad of Mexico
that it has %inaugurated a
through fast freight service from La
redo to Mexico City, the schedule be-
ing sixty hours. or TWO and a half
days. This is an innovation and
marks an important epoch in the
handling Of freight traffic in Mexico.
Heretofore the time consumed has
been five or six days.
Cost Of Coal Strike.
President Ripley. In his annual re.
port to the stockholders of the Santa
Fe system, makes the statement that
ND to June 80 last the loss to that
road alone by the coal strike in Colo