The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-10-20
RAMSEY DOWN AND
OUT; GOULD ON TOP
Contest for the Control Of the
Wabash Ends i'm His Over
whelming Defeat.
BEATEN AT ALL TURNS
Officials of the stockhoiders' Meeting
Rule Against All His Contentious
but Without That He Hadn't
Enough Votes.

Toledo, Oct. 1S.-Directors chosen to
the bondholders OF the Wabash road:
Thomas H. Hubbard, E. T. jeffrey
John r. Terry, Winslow S. Pierce, r.
NJ. Galloway, Edgar T. Welles.
Total vote cast, 260, $50. Vote for.
each OF above directors, 2 $50. Vote
for Joseph Ramsey, jr.. 31,s40.
Directors Chosen by the Stockhold-
ers-S. c. Reynolds, Geo. j. Gould,
Russell Sage. w. b. Sanders, R. 8.
Clowery. w. s. Blodgett.
Total vote cast, 400, 500. Vote for
each OF above directors, 461,467. Vote
for Joseph Ramsey, jr., 3S.042. Director
elected by the twelve named above,
Toledo, Oct. 13.--Joseph Ramsey, jr.;
failed completely in his effort to wrest
control Of the Wabash system from
Geo. J.. Gould. Not only was he ut
terly defeated in all he undertook, but
he was forced from the directory OF the
road, and now he has nothing what
ever to do with its management in
any manner. He put up a hard fight
and struggled gamely to the last, but
was so hopelessly in the minority that
he had a chance. He filed pro
tests throughout all the meeting, not
with the reason, as he afterward de-
clared, of being an obstructionist, but
because he desired to lay the founda-
tion for any contest that might. here
after be made.
Toledo, Oct. 13.-George j. Gould
this morning won a decisive victory
over Joseph Ramsey, jra in the con-
electing all Of the six directors to be
chosen Ly b~ondholders.
The vote east by Gould was 22S,51O
against 31,S40 for Ramsey. The latter
claimed the right TO vote under the
cumulative system, which would have
given him $1,000 votes. This was dis
allowed by the tellers.
When the meeting opened George
Greer, for Gould, Withdrew the nomi-
nations made yesterday and substitute
ed the names of Thomas fl. Hubbard,
.. 7. Jeffrey, John T. Terry, Winslow
S. Pierce. r. M. Galloway and E. 4.
Welles. The names withdrawn We're
and w. j. Saunders.
Vice President Blodgett as chairman
Of the bondholders' caucus, announced
that the total vote cast by bondholders
was 260,350 and Ramsey at once Of
fe.ed objection, declaring that his pri-
waite count differed from the number
stated by Blodgett to the extent ofsi0,-
600 votes. He demanded the right to
check his list with that held by In
s%pectors, but after u long argument
this was denied him by the chairman.
Ramsey was asked If he desired to
make any nominations, but through his
counsel declined, saying he would vote
for whom he pleased and did not care
to nominate anybody in advance of the
vote.
When the result of the election had
been announced. tae caucus of stock
holders was called to order, and the
same tedious examination Of proxies
that consumed so much time In the
bondholders' caucus was commenced.
1t promised to continue even longer
than the examination of yesterday.
1t Is admitted by Ramsey's attorneys
that his greatest strength lay in bond
proxies, and inasmuch as he failed to
elect himself director this morning, he
has no chance in the stockholders eau
Gus,