New-York tribune., 1906-10-18
rIsH'S CHOICE ELECTED.
crPJFE At 1. c. MEETING.
uo;oritg of Board FaUored Harri-
RMS Nominee for Ne5o Director.
"a. ralssrnnh to The Tribune !


= " cutting The vote came only after a SEN
..o,sl verbal battle. bristling with bitter per-
.srIties. between the president of the company
~. william Nelson Cromwell. The attorney OF
s.r York. representing the Hartman interests.
.rbo,gh backed by important interests Mr.
-s.b,s victory was IN the main duo the small
.,cEhoiders-farmers and small merchants
-,o stuck loyalty TO him to-day, they have for
..srs in the past Cromwell, talking for Harri-
e, Announced Fish as deceiver who broke his
.,.5re at the recent directors meeting in New
80 st which a truce was agreed on. Observers
.scIare that the war which has seemed settled
url reopen, and all Of the wealth and power of
.hs Hartman party will be used in a fight to
oust from control of the Illinois Central its pres
ant president Stuyvesant Fish
MR. FISH IN CONTROL.
rh. struggle began when the election of a
.,-4r.or TO succeed W. Morton Grinnel. who died
-1o.nty came up before the meeting. One
,,u,th of the directors, is customary each
vssy were to be elected. Charles NJ Beach, Cor
,s,,us Vanderbilt and ]. T. Harahan wers re-
.,scted without contest, but the Grinnell va
csncv was made the subject OF bitter contro-
versy. Mr Fish held 6so.657 shares OF the 7os.61s
-euresented at the meeting, and 16067 were
voted in person by the owners.
After stating that powerful and organized
attempt was being made (referring to Mr.. Har-
,man and his associates) in the interest of men
who owned less than one-ifth Of the stock of
.be Illinois Central 10 gain control OF the COM
psny Mr.. Fish told of the agreement with Mr..
hartman. 1t was, Mr.. Fish said that he would
tupport the that majority OF the directors
might recommend provided he was not di-
rector Of other railroads. AS the Hartman can
dldste Henry W. De Forest, was a director in
Pac
roads M Fish would not vote for him the
r-oxies he had secured himself but only those
gwen nv Mr. Hartman which had been turned
over 10 him.
Mr. Cromwell. in a great rage, denounced Fish
as trickster and demanded that he keep his
promise made to Hartman. He declared that
the talk OF Hartman seeking control was mere
bugaboo put forth to hide Fish's broken pledge
Cromwell continued his bitter attack on Fish
until the Illinois Central president announced
that he cast his vote and proxies for James w.
Cutting as director The interchange of words
between Fish and Cromwell was bitter in the
extreme the former severely rebuking the at
iorney for his intemperate words and accusa-
tons OF bad faith.
FIGHT NOT YET ENDED.
Mr Cromwell intimates that MI Ffsh's vic
tory is not final one.
there are still seven members who have placed
asnselves on record in opposition to Mr. Fish
this contest. There viii be meeting of the
mEd. bly, in November. This board will
ss9the officers Of the railroad You can draw
YIN own conclusions"
The agreement over which the fight came was
dated July %. 1906, and signed by Stuyvesant
Fish. Charles A. Peabody and E. H Hartman.
In June Mr- Fish had begun the collection of
proxies for at the meeting held to-day He
states that effort was made by Hartman
to get proxies through Kuhn, Loeb & Co On
July IS Mr.. Peabody introduced a resolution at
meeting Of the board of directors that COM
nlttee Of the directory be appointed TO collect
Proxies However, on July 81 Messrs Fish
Peabody and Hartman entered into an agree
rnent follows:
Three outgoing directors to be reelected; Mr.
1rlnnells successor TO be selected by a ma 1ority
q The several directors acting; Mr. Pea body's
resolution Of July IS to be Withdrawn and not
% be revived this year; Mr.. Hartman will ask
MAJ the Harrinaa n-kuhn. Loeb proxies be given
TO Mr.. Fish.
Mr Fish holds that the Hartman faction
agreed that Mr.. Grinnells successor should be a
man whose presence in the directory would not
Dc inimical 10 the independence Of the Illinois
central and would be acceptable to Mr. Fish
Henry De Forrest, who was selected, is a direc-
'T Of the Southern Pacific. of which Mr.. Harrt-
man is president and one of the counsel for Mr..
Hartman
nj Fish gave his proxies to Mr. Harahan, de-
spite the fact that the latter had signed the Har-
imam petition in favor of De Forest just before
The meeting
ME FISH STATES HIS CASE.
At 10 O'Clock this morning perfunctory meet
n Ll.e,
was stated only routine business was trans
acted At noon the stockholders meeting
called 70 order by Mr.. Fish amid expectant ST.
ienoe. Nj Fish stated his side of the contro-
Fersy in a prepared statement, which was. in
Part, as follows:
q The stockholders TO Withstand forcible and
oieanized effort to change the policy of the COM
pshy and in the interest of less than one-hfth
" NE stock 10 turn il over TO those who control
en9ler railroad system For a year or more
.eAt II has been matter Of public notorlety
a-at those connected with the management or
me Union Pacific system Of railroads have been
purchasing shares Of the Illinois Central com
paAy IN large amounts.
during the month Of June last sent out, as
aas been nay custom for many years past no.
nees TO each and every stockholder Of record OF
S-e tTne ana place of the annual meeting. VIII
Stel0est for proxy; from which form or proxy
hs year, tor the reasons above stated, omit
.eo the name of Z. H. Hartman. president OF
~e Cnon Pacific Railroad Company
Nr Fish then went on to tell Of the directors
meeting Of July IS al which Mr.. Peabody offered
Is resolution that a committee, consisting OF
Aexsrs Astor, Auchincloss Goelet. Luttgen and
vanderbilt be appointed 10 collect proxies ror
'he next annual meeting and that the commit
use nave discretion to consult counsel on any
iseal question that might arise. He then said: