The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-12-12

but with the interlockng system OF
tracks. which would greatly diminish the
liability 70 accident.
Mr.. John SHELTON Williams expressed
his preference FOR an overhead crossing
and opposed tho grade crossing. Mr..
Pase. however, being satisfied with the
situation as ascertained, withdrew his
resolution. and tho discussion ended.
Election of Officers.
When tho election of officers was
reached, Judge Leako. the retiring presi-
dent nominated Mr.. Wlate. the choice
or the conference. FOR president. and asked
that his selection pc made unanimous.
ms request was rendered Impossible
by reason OF tho unWtilingness OF Judge
Holiday one of the States proxies. 70
agroc TO it. lie did not state his reasons.
declaring that he would assign them Ia
his report 10 the State Corporation Com
mission. which appointed him He had
previously declined % place Mr.. White IN
termination for the same reason.
In placing Mr.. White IN nomination
Judge Leake incidentally reviewed briefly
his own connection with the road ns It's
president. ana the prosperity and bust
ness advancement OF the property dur
Ing his lncumbency. In the course OF his
statement Judge Leake said. IN part.
L take pride IN saying IL. but during
nv presidency Of the road there has
been an exhibition OF only tho highest
prosperity in all is undertakings. We
have had an Increase OF Il per cent. IN
the number q loaded south-g0lng cars
over the number Of former years. and
have accomplished other things I ex-
pct stil greater things from you IN the
future"
Concluding, he said: Il DO not claim
any r~rIff g.. efH- - 2
1 should not be criticised"
Tribute to Leake.
Mr.. John SHELTON Williams. at this
point, paid a handsome tribute 20 Judge
Leake. declaring that no better TESTING
MAJ could be offered than that made by
the hScai showing Of the property dur
ing his incumbency as president. He
expressed the regard and esteem which
tho stockholders feel for tho retiring
president. and concluded by proposing a
rising vote OF thanks 10 him FOR his
services This was adopted unanimously.
AR. Charles C~hauncey. az this point.
brought up the question OF supplement-
ing the salary OF tho retiring president.
who had received but 1880 from both
tho Richmond. fredericksburg and Po-
ton1ac and the Washington Southern
roads This. re declared. was INADEQUATE
for a man Of such ability IN a n~osition
1A FNFEENNARAHAAaf A.AALE IN INC UNNHI
capacity or president and general coun-
sci. lie offered q resolution 70 reimburse
Aim Tor MS past services. citing tho
fact that his successor was 10 receive
from tho two roads about $3.50 % or
nearly double what had been paid Judge
Leake.
Mr.. f T u. Myers proposed O. resolu-
tlon requesting the board OF directors
10 pay 20 judge LeaSe 5000 for his in
suhciently-remunerated services IN the
past Others endorsed the suggestion.
At this point President Stevens. OF tho
chesapeake and Ohio. representing tho
baltimore and Ohio and the Pennsylvania
interests also. aggregating g. per cent.
OF the stock, arose and declared that he
would vote against such n resolution.
which was equivalent 20 a direction to the
board. The Chauncey and Myers resolu-
tons We're thereupon withdrawn.
At the suggestion OF Mr.. L NJ. VII
liams. tho meeting adopted a resolution
expressing the sentiment Of the stock
holders that Judge Loake should re-
cetEe $500 additional, and requesting the
board 10 so order the ~ such
action Doe legal. This was adopted. and
closed the Incident.
Directors Chosen.
The election Of directors was then
taken up, and resulted in the choice Of
tie following George W. Stevens VII
liam j. LealIa. Alfred Walter and w. w.
Finley. The fifth director is to be named
10y the State Corporation Commission.
Northumberland J. Taylor Ellyson
being the present State director.
No proposition was made TO select any
additional officer. and Il is assumed that
there viii be no further changes for thu
present. n at all.
Mr.. fWnlte. the newly-elected presi-
dent. will give up his law practice and
remove his residence to this city. de-
voting his entire time 10 the business
OF the road, for which he Will be we'll
romunerated.