Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-06-01
Minneapolis & st. Louis Road
Said to Have Secured the
Des Moines & Fort Dodge
TO TAKE FROM ROCK ISLAND
Officials of the Latter Say Nothing
VIII be Done at the Meeting in Des
Moines Thursday = Carroll Wright
ousted as Secretary of the Road
Other News of Interest.

DeS MONIES, June 1.-DeSpite the
announcement of the M. & ST L. Off
| Gals that they expect to control tbs
annual meeting of the Des Moines &
Fort Dodge railway here Thursday
Rock Island officials here declare that
no action of Importance will be taken
the slate being to simply meet and ad
journ.
The fact that the NJ & st. L. was
endeavoring to secure control Of the
road was announced several weeks
ago. Later, Minneapolis papers secur-
ed statements from the NJ. & st. l..
officials verifying it.
No one appears to know definitely
just where the control Of the road lies.
Rock Island officials here declare that
they do not know and the officials #
the road in Chicago make similar
statements. Edwin Hooley, the man
ipulator of the NJ. & st. l.. end of the
when seen in New York by a cores
pondent, and w. L. Stow, president of
the Des Moines & Fort Dodge Com
pany did likewise.
The fact that the Rock Island Off
Gals unhesitatingiy announce the
meeting will be adjourned for several
months is taken as good evidence tn !
Rock Island still controls the line. If
the Minneapolis & ST. Louis has abso-
lutte control. they will simply dominate
the meeting here Thursday, removing
the last of the Rock Island representa-
tives on the directory board. Carroll
Wright. and arrange to absorb the line
when the Rock Island lease expires
next January.
The officers of the road now are:
President-W. L. Stow. New York.
Secretary-Norbett Reinstatement
New York
Directors - Carroll Wright, Des
Moines: w. L. Stow, New York; E. s.
Hooley, New York; Norbett Helm
sheimer, New York, and Edwin Haw-
ley, New York.
Wright is ousted.
1t was announced yesterday for the
first time that Carroll Wright had
been deposed as secretary OF the COM
pany. At the last annual meeting CT
the stockholders here. which was DOM
mated by Edwin Hooley, the directors
met and adjourned to meet in New
York in July. At this meeting they
elected officers. ousting Wright. The
of the road were taken from
him to New York, where they are now
in the possession of Mr.. Heinsheimer.
This prevents the Rock Island know
ing Just where the stock lies. Mr..
Wright is absent from Des Moines, but
viii probably return tonight to attend
The meeting.
The Des Moines & Fort Dodge will be
,ostly for the Minneapolis & st. Louis,
wen tho they control today's meeting.
Iooley purchased the common stock of
he road at about 90. making 100000 |
hey have tied up in it. Then there will
)e S25Oo,000 to make the Rock Island |
mortgage, which falls due in January
rhe road is in bad repair, and 1t is said /
{ will cost s1.o00,000 to get 1t in good |
condition The Rock Island has had I
harge Of the care of 1t since they
eased the road. and have not spent any
money on 1t, beyond what was abso-
utely necessary.
A depot will have to be built in Des
Iones unless the Des Moines Union
viii give them the use of theirs for the
passenger service. The line owns its
wn terminals.
It is said by some who declare that
he Minneapolis & st. Louis has Sc
ured absolute control that the Rock
sland will enter contract with them
or wheelage privileges from Des
Ioines to Gowrie and also for the use
f it's line between Des Moines and
alley Junction.
This will retain the double tracks for
hem and also afford them connection
etween their northwestern lines and
ne main lines.