The Norfolk weekly news-journal., 1906-10-19
F|GHTFOR |u|NO|SCENIRAL
HARTMAN FAILS TO WREsT CON
troll FROM FISH.
CLASH AT CHICAGO MEETING

William Nelson Cromwell, Represent
ing Hartman, Says Result is MOI
Final One and That Battle for Con
troll Will Be Renewed Next Month.
Chicago, Oct. 1S.-The fight for con
troll OF the Illinois Central Railroad
company waxed hot here. Stuyvesani
Fish, president of the road, and VIII
lam Nelson Cromwell, representing E
II. Hartman, president OF the South
ern Pacific, FLASHED openly before 25C
stockholders, who had come from vari
Gus parts Of the country to attend the
meeting On the face of the record
Fish appears to have been the victor.
but that the result Is not a final one Is
insinuated by Cromwell. The repre-
sentative Of Hartman said "Of a
directory of thirteen people, there arc
still seven members who have placed
themselves on record in opposition I.
Fish in this contest. There viii be
meeting of the board, probably In
November. This board will elect the
officers of the railroad You can draw
your own conclusions"
The clash between Hartman and
Fish was waged over an agreement
dated July Of, 1906, and signed by
Stuyvesant Fish, Charles A. Peabody
and T.. II. Hartman. In June Fish
had begun the collection of proxies
for general use at the meeting here.
He states an effort was also made by
Hartman to get proxies through
Kuhn. Loeb e. Co on July Ia Pea
body introduced a resolution at
meeting of the board of directors that
a committee OF the directory be ap
pointed to collect proxies. However
on July q Fish, Peabody and Harri
man entered into an agreement, as
follows
Clash over Agreement.
Three outgoing directors to be re-
elected; Grinnell's successor to be Sc.
lected by a majority OF the several
directors acting; Peabody's resolution
of July IS to be withdrawn and not
TO be revived this year; Hartman Will
ask that Hartman Kuhn-Loeb proxies
be given to Fish. ......
w. Morton Grinnell, a member OF
the board of directors, had died dur
ing the year. Fish claims that the
Hartman faction agreed that Grin
nells successor should be man
whose presence In the directory would
not be inimical to the independence
acceptable to Fish. Henry DeVorest
a director of the Southern Pacific, OF
which Hartman Is president was
named in a petition signed by Harri'
man and six other directors to sue.
coed Grinnell. BY reason OF his
Southern Pacific affiliations DeForest
was not acceptable to Fish. Crom'
we'll declares that under the agree
ment Fish was bound to accept De-
Forest and to cast both his own and
the Hartman proxies for him.
Fish Opposes DeForrest
At the meeting Fish, after formally
being called upon by Cromwell to cast
the proxies in favor of DeForest, arose
and declared with great emphasis:
az will never under any circumstances
vote for DeForest."
Fish thereupon placed James De-
witt Cutting of New York in nomina'
ton. He then cast a total Of 6l3,7O3
shares for Cutting Cromwell. as a
matter of record, voted 2,1O0 shares
against Cutting. and later cast them
for DeForest. whom he had placed In
nomination. Cutting was thereupon
declared formally elected to fill out
the unexplred time OF Grinnell, which
is two years. Charles NJ. Beach, ] T.
Harahan and Cornelius Vanderbilt,
whose terms had expired, were re-