The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1905-10-14
| GOULD WINS FIGHT
FOR wabash ROAD
MILLIONAIRE ELECTS ALL SIX
OF DIRECTORS CHOSEN BY
BoNDHCLDERS.
DEFEAT OF RAMSEY
is VERY DECISIVE
Caucus Of Stockholders Is Begun
Little Hope Of Victory for De-
posed President, But He May Con-
tinue Battle for Control.

O~S'
Wednesday morning won decisive VIC
tory. over Joseph Ramsey, Jr., in the
contest for the control of the Wabash
road, electing all of the six directors to
be chosen by the bondholders. The vote
cast by Mr.. Gould was 22S.51O against
31,S40 for Mr.. Ramsey. The latter
claimed the right to vote under the Gu
mulative system, which would have
given him 1.040 votes. This was dis
allowed by the tellers, and Mr.. Ramsey
was given but 3l,S40.
Defeat Foreshadowed.
1t is admitted by MIR. Ramsey's attor-
neys that his greatest strength lay in
failed to elect himself director, he has
no chance in the stockholders caucus.
The cumulative system of voting is al
lowed in the stockholders caucus, but
inasmuch as MIR. Ramsey could not have
won, even under this method, in the
caucus of bondholders he has no posi-
BILE hope in the caucus of the stock
holders.
When the meeting opened George
Greer. for Mr. Gould. withdrew the NOM
nations made Tuesday and substituted
the names of Thomas II. Hubbard, e. r.
Jeffrey, John T. Terry, Winslow s.
Pierce, R. NJ. Galloway and E. T. Welles.
The names withdrawn were those of
Russell Sage, Robert c. Clowry and w.
B. Saunders. Vice Chairman Blodgett,
as chairman of the bondholders' caucus,
announced that the total vote cast by
the bondholders was 260,350, and Mr..
Ramsey at once offered objection, de-
claring that his private count differed
from the number stated by Mr.. Blodgett
to the extent of 10000 votes. He de-
manded the right to check his list with
that held by the inspectors, but after q
long argument this was denied him by
the chairman. Mr.. Ramsey was asked
il he desired to make any nominations,
but through his counsel. Judge Doyle,
he declined, saying that he would vote
for whom he pleased and did not care
to nominate anybody in advance of the
vote
Protests Against Tellers' Action.
When the result of the election had
been announced by the tellers. Col.
Doyle, for Mr.. Ramsey. demanded that
the ballots cast for Mr.. Ramsey be CIV
en- to him. He declined to say what he
wished to do with them, and after con-
siderable argument they wore handed
over. He then made formal protest
against the action of the tellers in de-
Ginning to allow Mr.. Ramsey to vote I'M
der the cumulative system and his re-
port was placed on record. Chairman
! Blodgett announced that the six direc-
tors OF the bondholders having been
elected the caucus was dissolved
Immediately afterward the caucus of
stockholders 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 Tuesday, for the
reason that there is $G2,000,00O of stock
against 100000 Of bonds, and it is
even more widely held. Many questions
! relative to proxies that will come up in
considering the stock were settled Tues
day in handling the bond proxies and
this may shorten the meeting some
what 1t is generally believed, however,
that the meeting will continue over into
Thursday.
Thursday, when objecting to the vot-
| ing Of the stock held by the Missouri
Pacific and Iron Mountain railroads
Judge Doyle, counsel for Mr.. Ramsey
served notice on the caucus that if the
stock was voted against his protest
the election would be contested.
| Azter the election Wednesday morn.
| Ing he declared that he was not prepared
to say just when or where the contest
would be made, but it was certain that
one would be commenced in a short
time.
'In view of the decision of Judge Tay.
Tor in the St. Louis case," said Judge
Doyle, 'it is difficult to see how the at
torneys general Of the states through
which the Wabash runs can avoid suit
to invalidate the election. Mr.. Ram.
sey, however, has, so far as l know, al
present, no immediate intention of con.
testing the election. He may decide tc
start something later, however"
| German Princess WEEDS.