Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1906-10-25
FISH T A CONTROL
OF ILLINOIS CENTRAL
He Is Successful in Electing His Dr.
rectors at Meeting of the
S~tockholders

Chicago. oct. l9.-The fight for the
control of the Illinois Central Railroad
company waxed hot yesterday. Stuy-
vesant Fish, president of the road, and
William Nelson Cromwell, representing
j.. II. Hartman. president of the Union
Pacific. clashed openly before 80
stockholders h had come from va
rious parts of the country to attend the
meeting.
on The face of the record Mir. Fish
appears to have been the victor. but
that the result is not Il final one was
insinuated by Mr.. Cromwell. the repre-.
sentative of Mr.. Hartman. who said:
o a directory of thirteen people
there are still seven members whc
have placed themselves on record IN OPP
position To Mr.. Fish in this contest.
There will be a meeting of the board
probably in November. This board
viii elect the officers of the railroad.
You can draw Your own conclusions"
The clash between Messrs. Crom-
Wen n Fish was waged over an
agreement dated July -. 1906. and
signed by S%tuyvesant Fish. Charles 4.
peabody and +. II. Hartman. In Juno
Mr. Fish had begun the collection of
PROXIES for general use at the meet
ing held yesterday. He stated that
.n effort WAS also made by Hartman
to get proxies through Kuhn. Loeb ~
DE'' = -. 3fiboitN lllklo-
ouced a resolution at IA meeting of the
board of directors that a committee
of the directory be appointed To collect
proxies. However. ON July -. Messrs.
f!sa. Peabody and Hartman entered
INTO an agreement as follows:
Three outgoing directors TO be reelected;
Mr.. trinnelrs successor to be selected bv
Z majority OF the several directors acting:
Mr.. l*lbody's resolution of july IL to b.
wi.hurawn and not TO be revived this year:
MT a. hDnN NtIll IL ,I.t I-.,; 5000.
me Kuhn, Loeb IL Co. proxies given to
MIR. Fish.
w. Morton Grinnell. a member Of
ne board of directors. had died during
me year. Mr.. Fish claims that the
Hartman faction agreed that Mr..
Grinnell's successor should be a man
whose presence in the directory would
not be inimical to the Independence OF
the Illinois Central and would be ac-
'eptable to MIR. Fish. Henry De For
est a director of the Southern Pacific.
Of which Mr.. Hartman is president,
and n of counsel for Mr.. Hartman,
was named in a petition signed by Mr..
Hartman and six other directors to
succeed MIR: Grinnell. BY reason of his
Southern Pacific affiliations Mr.. De
Forest was not acceptable to Mr.. Fish.
MIR. Cromwell declares that under the
agreement Mr.. Fish was bound to ac-
cept Mr.. DE Forest and to cast both
his own and the Hartman proxies for
MN.
Mr.. Fish, after formally being called
upon by Mr.. Cromwell to cast the
proxies in V of De Forest, arose
and declared with great emphasis: Il
will never under any circumstances
vote for Mr.. De Forest"
Mr.. Fish thereupon placed James De-
Witt Cutting. of New York. in nominal
Ition. He then cast Il total of 613.1o3
shares for Cutting.
MIR. Cromwell, as a matter of record.
voted Zoo shares against Cutting and
later cast them for De Forest. whom
he had placed i'm nomination. Mr.. Cut
ting was thereupon declared formally
elected to fill out the %uneXpired term
of Mr.. Grinnell. which is two years.
Charles Nj. Beach, j. T. Harahan and
Cornelius Vanderbilt. whose terms had
expired, We're reelected without oppo-
sition. Mr.. Fish gave his proxies to
MI. Iiarahan despite the fact that the
latter had signed the Hartman petit
ton just before the meeting.