The Montgomery advertiser., 1905-10-12
GEO. COULD
 THE VICTOR Retains Control of Wabash
 System. JOS. RAMSEY LOSES our Sustains Crushing Defeat in Great Fight
los. RAMSEY LOSES our
Not Only Beaten at Every Point, Due Forced from His Position an one of the Railrosd's
 Directors.

Toledo, O., Oct. 11.-Directors chosek by the bondholders of the Wabash Road were: Thomas H. Hubbard. E Pierce, R. M. Galloway, Edgar IT..
 Total vote cast, 2so.s5o. Vote for each of above directors, 22S.510. voto for Joseph Ramsey. Jr., Si,s4o.
 Dir sctors chosen by the stockhcld- CTS: s. c. Reynolds. George J Gould Russ ell Sage, w. E. Sanders. R. c.
 Total vote cast, 4,s,sOs. Vote Tor each of above directors. 461,467. Vote for Joseph Ramsey. Jr.. 38.04z.
 Director elected by the twelve named above. F. A. Delano.
 Joseph Ramsey. Jr, failed compIote- ly today to wrest control of the Wabash system from George '. Goul1. Not only was he utterly defeated in all hc un- dertook. but he was forced from thu directory of the road and now has nothing whatever to do with it's man. agement in any manner. He put up a hard light and strugglsd gamely to the last. but was so hopelessly in the minority that he never had chance. He filed protests all through the meet- ing, not with the reason. as he after ward declared, of being an obstruc- tionist, but because he desired to lay the foundation for any contest that might hereafter be made. He took hia defeat in philosophical and manly manner, saying. in the caucuses I might have made much better showing than did. h fact. I made better showing than credited with. There were several large blocks of stocks and bonds thnt should have been voted for me. but were given to Mir Gould by the elec- tion inspectors. I believe that any court in the laad would declare that these votes were properly mine. have filed protests in all these cases. not because I desire to be an obstruc- tionist. but I desire to prepare for any thing that might come hereafter. I have not determined whether to cons mence a contest. but nothing or that kind will be attempted by me imnie- diateiy.. I am not inc ksnd Of a man to employ destructive or obstructiva tactics wanton1y. l will say, however, that the meeting that has Jast closed Is not the end or the affair by a good deal. but cannot say just new what the next step will be
 Defeat Only Regret.
 There Is one thing more that wish to say and that Is that am not sorry that entered upon this fight have HOl 4t any titi4G otfALN . embarked upon 1t. The only thing regret is that I was not elected.'
 MT. Gould was highly pleased at the outcome. although he showed his feei- ings less in words than by his hearty laugh as he contemplated the figures showing the result
 T am of course very glad that the matter has terminated as 1t has, iis declared This was not moEaent in fa xxrt,a oil ta,-, xnff not possible. For all that, however. feel happy that my administration has received the emphatic endorsement that 1t has. Further than that I can say nothing. think 1t Is about plain enough for everybody to comprehend"
 When asked If he expected the elec- ton to be contested, Mir. Gould replfed: ''Of course. I do not know what other people may attempt, but hardly ex- do not see where it will benefit them for I am sure that our proxies have been perfectly legal throughout I personally desired to have them that way, and we have room full of law yers here who say that we have done things In proper manner"
 Just before the announcement of the final vote electing the directors was announced. Judge Doyle, speaking for Mir Ramsey, filed a formal protest against the election as directors of the Wabash road of Russell Sage and George J. Gould on the ground that they arc directors of the Missouri Pacific road. which Is a competing line of the Wabash. His protest was pIac- ed on file.
 Mir. Ramsey was twice defeated to- day. His first defeat came in the morning when the result of the bond holders caucus was announced. It was admitted that his greatest strength lay in the proxies given to him by the bondhoiders. but he was unable to elect himself a director. securing but 3i.S40 votes against the 22s,5l0 cast for each of the six men nominated for directors by Mir. Gould.
 Voted For Himself.
 Mir. Ramsey made no nominations, but cast all the votes he controlled for himself. He made a demand that he be allowed to cast his vote under the cumular system, but this would have only given him l91,040 votes and he could not have been successful even in that manner. The tellers refused to allowe a cumulative vote and Mir. Ram sey was forced to content himself with the smaller number of votes. cum ulative vote in the bondholders' caucus was the only way in which he could hope to retain his position in the di- rectory, for 1t was foregone conclusion that he would be overwhelmingly de- feated in the caucus of the stockhoId- CTS. The names of the six men who were yesterday nominated for bond holders directors were withdrawn by MT. Gould's attorney, George Greer, as son as the caucus opened this morn ing and for the names of Russell Sage, Robert C.. Clowry and A. B. Sanders those of Thomas H. Hubbard. E. IT. Jeffrey and John T. Terry were substf- tuted. Winslow S. Pierce, R. M. Gal low and Edgar T. Wallace were placed in nomination q second time When Vice President BIodgett, acting as chairman of the caucus, announced that a total of 260,35O votes had been cast, Mir. Ramsey objected to the state ment, declaring that his private tally sheet showed that the number was 10.- OOO less than that He asked that his count be checked up with that of the election inspectors. This was refused after considerable debate, Mir. Ramsey being informed that he could check m his list at any time after the ad-
 He then offered protest through his counsel, Judge Doyle, against the ac-