Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1905-10-19
GOULD AGAIN WINS.
Victory Over Ramsey for Control
Of Wabash Complete.
NAY CARRY FIGHT TO The COURTS
Defeated Faction Have Recorded
Objections to All Proceedings
with View of Having Matter
JudIciaIly Determined.

Jr., failed completely wednesday IN ri
effort to wrest control Of the Wabas
system from George ]. Gould. No
only was he utterly defeated In all b
undertook, but he was forced fron
the directory Of the road, and noy
has nothing whatever to do with 1t
management in any manner. He pu
up a hard fight, and struggled camel.
to the last, but was SO hopelessly II
the minority that he never had
chance. He filed protests al
through the meetings not with thu
reason as he afterward declared Of
being an obstructionist but because
he desired to lay tn foundation for any
contest that might hereafter be made
He took his defect in a philosophical
and manly manner saying: Il think
that with fairer treatment in the eau
cuses | might have made much bet
ter showing than did. In fact, made
a better showing than the returns
credit me with. There we're several
large blocks of stocks and bonds that
should have been voted for me, but
were given to Mr.. Gould by the cleo
ton inspectors. | believe that any
court in the land would declare that
these votes were properly mine. | have
filed protests in all of these cases not
because desired to be an obstruction
list, but | desired to prepare for any
thing that might come hereafter. |
have not determined whether or not to
commence a contest, but nothing Of
that Kind will be attempted by me
Immediately.
II am not the kind of man to en-
ploy destructive or obstructive tactics
wantonly. l will say, however, that
the meeting that has just closed is not
the end of this affair by good deal,
but I cannot say just now what the
next step will be.
Mr. Gould was highly pleased at the,
outcome, although he showed his feel
ings less in words than by his man
ner and hearty laugh as he contem-
plated the figures showing the result.
II am, Of course, very glad that the
matter has terminated as 1t has," he
declared. There was not a moment
in fact when any other termination
was possible. For all that, however,
feel happy that my administration of
the road has received the emphatic
endorsement that it has. Further
than that l can say nothing. The re-
suit says more than can, and l think
1t is about plain enough for every
body to comprehend"
Just before the announcement Of
the final vote electing the directors
was announced, Judge Doyle, speaking
for Mr.. Ramsey, filed a formal pro-
test against the election Of directors Of
the Wabash road of Russell Sage and
George J. Gould on the ground that
they are directors of the Missouri Pa
ciflc road which is competing line
of the Wabash. His protest was placed
on file.
Mr.. Ramsey's first defeat came in
the morning when the result Of the
bondholders' caucus was announced.
II was admitted that his greatest
strength lay in the proxies given him
by the bondholders, but he was I'm.
able to elect himself q director, secur-
ing but 31,840 votes against the 228,-
$40 cast for each of the six men nom-
mated for directors by Mr.. Gould. Mr..
Ramsey made no nomination, but cast
all the votes he controlled for himself
He made a demand that he be allowed
to cast his vote under the cumulative
system, but this would have given
him only 1,040 votes and he could
not have been elected even in that
manner. The tellers refused to allow
a cumulative vote and Mr.. Ramsey
was forced to content himself with the
smaller number Of votes. A cumula-
tive vote in the bondholders' caucus
was the only way in which he could
hope to retain his position in the d.
rectory, for It was a foregone conclu'
sion that he would be overwhelming
" defeated in the caucus Of the stock
holders.
Mr.. Ramsey throughout the stock
holders caucus made the same objec-
lions to the voting Of the stock held
by the Iron Mountain and Missouri
Pacific as he. offered Tuesday against
The vote of the bonds held by those
two companies. The inspectors ruled
against him. He also submitted Q
number Of afidavits from people set
ing forth that they were actual own
srs Of stock which had been loaned by
hem and stands on the books under
,ther names. He protested that hii
proxies from the atlantis should b.
Owen the preference over the proxies
submitted by Mr.. Gould which vert
owen by the people in whose namei
ne stock stands; also they are moi
he actual owners. The Inspector
ield by the stock book In every In
Itanee, and Mr.. Ramsey's objection