Arizona republican., 1906-10-07

| Is a very fragile sort of negotiation and IL was charged that his mention of it
 was designed to secure votes in the i stockholders meeting that has been in
 travail for the last couple Of weeks and is still without relief. though it
 has had medical attention and legal l advice.
 AFTERNOON SESSION.
 ! When the meeting convened in the afternoon the first business was the re- port of the committee on stock. the substance of which was the recommen- dation that "the question of proxies
 and unpaid stock being voted at this meeting be left to a vote of the stock holders present" That report was re- ceived and adopted. The next thing In
 order was for the meeting to make the decision passed up to it by the com mtttee. To get it before the house C. D. Laird moved that no one be en- titled to vote except those who have paid up for their stock in full and to whom their stock had been issued"
 Then followed lengthy debate en- gagged in by numerous persons concern ing the justice of the action indicated
 by the motion, which was made to cover the dual question submitted by
 the committee report concerning both stock and proxies. It was contended by Dr. Hughes, President Fowler and numerous others, that all stock should be allowed vote as it became a con
 tract just as soon as the stockholders
 agreed to take it; that the property of the prospective stockholder was
 liable for the price of the stock if it
 had not been paid for that such stock
 was as much interested as any other, also that if such stock was entitled to | #r.rT @T
 absent should be recognized as well.
 The other party contended that the sit
 nation before it was that of a property
 in debt head over heels, even beyond
 the legal limit, that the men who. to
 help the project along, had paid up fog their stock in full, who had in large
 measure footed the bills of the com pany to the present time and had only a penniless corporation left on their
 hands, should be permitted to do the
 voting and dictate the policy of the
 company. During this discussion vari-
 Ous gentlemen waxed enthusiastic, even to the heat of acrimony. and the
 president was unable to maintain order. There was no physical clash,
 but just a confusion of tongues as in
 the days of old. Messrs. Laird. Ivy, | Howard. Webb. Hughes, the presiding
 officer and a dozen others all had their innings and finally J. D. Marian got
 the floor. He said he had never had
 a drop of water but his nickel was in
 the slot and he thought he ought to
 have a chance to help pull the lever
 and see the wheels go round, even if he
 had not paid up in full. He also put
 in a word in the interest of harmony
 and hoped for good results.
 The arguments continued until MI.
 I frI he
 and the decks were cleared for action.
 When the teIIers got their places, J. P.
 Ivy got the floor and inquired of the
 president if he were going to permit
 proxies to vote on the Laird motion
 He replied that he was, whereupOn MT
 Ivy appealed from the decision of the chair and it was seconded by three or
 four. The President ignored the ap- peal. The confusion continued not withstanding the raps for order by the chair and similar demands from the spectators. Ivy got the floor again and called attention to the fact that the committee report adopted by the meeting expressly stated that or this question only those who were present in the flesh might vote. But that did not disturb the chair. who was evil dently working in accordance with a plan as unchangeable as the laws of the Medes and Persians, which were made before committees of the common people had any voice in affairs.
 It was then about 3:30 D. m. and the chair ordered the vote to proceed It did proceed for the next two hours. C. T. Hirst calling the roll of stock holders and everybody voting paid up stock, partially paid up stock, proxies and all. There was a constant crush around the table of the tellers and a hum of confusion all over the rest of the room. Each man came forward when his name was called, if he was quick enough under the hat to catch ! it, and voted as he thought he wanted to, but quite a number had got twisted . on the question, uncOnsciously. It was negatively stated in the first place, 1 mo one shall vote except, etc" MT. Unpaid Man knew the motion meant that he should lose his vote and in the confusing proceedings he had acquired !. the idea that the motion was shall the ! unpaid man vote" so he voted yes ! to the motion. when he should have | voted mo" Others became mixed the other way. During the voting this i mixed situation became generally i known and at the end an attempt was made in the interest of fairness to let | these misguided individuals change | their votes. That was confusing for l the tellers who had not come prepared , with tally sheets for that kind Of book keeping and nobody ruled that "the boards a play" so the changing of several of the ballots was permitted.
 After it was all over the count began and it appeared that either in trying to catch the original vote in the midst Of the noise. or in the changes made later. some of the tellers, or all of them, had made some clerical error They could not under those circum- stances arrive at an exact agreement as to just what had happened and a motion to adjourn to Monday at 10 o'clock was made by unanimous con- sent and carried
 An effort was made to get the final vote. Dr. Hughes seemed to be the first one to hit the home plate some time before the meeting adjourned. He said privately that the Laird motion carried but shortly after when they