The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-11-07
Tenders His Resignation
AS President of r.. F.
& p. and W. S.
DUTIES INTERFERE
WITH HIS LAW WORK
Governor Swanson, Representing
State and Virginia Stock
holders, Urge the Di-
rectors Not 70 Ac-
cept Resigna-
ton.

ton.
President William Josiah 1eake. ~ the
Richmond. Fredericksburg and Potomac
and Wasnington-Southern Railway con-
aanies will retire as the head OF the two
organizations az tho meeting OF the
directors 10 be held ou Novenher r 18Th. I'm
this city.
p is said that Judge Lcake has had
This step under consideration Tor some
time past on account of his laps practice
which he mas been forced somewhat to
neglect for bis ouerous railway duties AS
long as twelve months back at meet
ing of tae board oi directors. Judge
Leake announced that unless certain
changes were made hc would bc forced
60 retire. The changes that he suggested
were made and he continued in office.
but. it was understood, ar a great per-
soma. acI.fice.
Successor Not Known.
Tire uews now comes that judge Ieako
WILL sever h.s connection with tine roads
as president. but Ul. probably continue
o. lplo LAS position as general counsel
"i --. DYmrau4rs. wAI.n le has occupied
since 1870. NA0 VIII bee kis successor IS
not known sd Richmond. where. indeed.
ta- announcement of his approaching
f' tr ti.nl WI- n- ir-rnel tOr l.c ur-t
rm. tlis morning
Iae names ~ several gentlemen proIni-
lrlt iu tle railway world are mentioned,
among t-em teirg Assistant u the presi-
.,ut Duke. General Traffic Manager
Warren J. Taylor. Superintendent Culp.
-.I ~ tte r. h-uoac. Fl. rlci.sblrg and
lot.ma-. and General Manager g. L.
Doyle. oi tie CAesape-kc and ohio.
Tile selection ~ successor 10 Prcsi-
de-t IeaKe SIS entirely in tine hands OF
f4e officials ~ tho Pennsylvania Rail-
road. Who have absolute power in the
matter. Th. Pennsylvania Railroad con-
trois ~" stock ot the road through the
RI .uuond- Washington Railroad Com
pans. which is tne holding couSany OF
tne Richmond. fredericksburg and Po-
tumac and WashingtJ Jn Southern. and OF
Uhirn president Rlea. Of the Penn
s>ltania. is president
Tie RlchmCud- Washington company is
owned Jointly by the Pennsylvania. Ches-
apeak- and Ohio Baltimore and Ohio.
Norfolk and Western. Seaboard Air Line
ana Atlantic Coast Limo. each owning
0ue-sfXth - the stock The Pennsylvania
v.u be able 90 control. therefore. four
sixth ~ thr stock and dictate the cleo
t.ou of officers and the policy OF the road.
stoekloider ia the Richmond. Fredericks-
burg and Potomac las a representative on
that board OF directors. and X s. thought
that the pNicy ot common prudence Will
cause the Pennsylvania 10 name some
person ass president who is agreeable
O. the state director and not objectionable
o. the state at large.
II is known that th- Richmond. Freder-
icksburg and Potomac and Washington
r.s
to get through the legislature and it Will
therefore bee necessary 10 select as pres
idcnt man who VIII be able 10 further
these legislative plans.
Vireinians PrCtcce
Judge Leake some days ago wrote a
letter 10 the directors TN which he told
them he did not feel he ought 10 neglect
hls law practice and continue as presi-
oent OF the road. which he IS now serving
both as president and general counsel for
smaller salary than was given the late
president.
The directors replied that they appre-
ciated his position and urged him TO
retain his Oiiice of general counsel.
When Governor Swanson and the Vir-
ginia Board of Sinking Fund Commis-
sioners heard Of tho action of Judge
Leake. they nj once took up the matter
with tie directors. urging them not to
accept his resignation and setting out
that it would be fatal 90 the states in
terest IN allow a change in the man
agcment OF the Richmond Frederlcks-
burg and Potomac. 1t Is said that they
urged that Judge Leal1e's salary be
largely incrc sed. and that II it were
necessary the Richmond. Fredericks-
burg and Potomac would pay it ALL
charging nothing 70 the Washington-
Southern in order 90 otain Judge Leakc