Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1906-10-20
FIGHT DEVELOPS
In ]. c. MEETING
CLASH BETWEEN FISH AND HAIR
RIMAN OVER ELECTION OF A
DIRECTOR
Is Not All Over Yet-Purported Agree
ment That Illinois Central Should
Remain independents to Elect
: Southern Pacific Man.

chicago, ILL.,, oct. lS.-The ngnC lot
control Of the Illinois Central railroad
waxed hot yesterday. stuyvesant
Fish. PRECEDENT OF the road, and William
Nelson Cromwell, representing e. H.
Hartman, president OF the Southern
Pacific, clashed openly before ESQ
stockholders, who had come from var
fous parts OF the country to attend the
meeting. On the face of the record
Fish appears to have been the victor,
but that the victory is not final one
is insinuated by Cromyell Harriman's
representative said to the Associated
Press:
"Of the directory of thirteen people
there are still seven members who
have placed themselves on record In
opposition to Fish in this contest.
There will be a meeting of the board
probably in November This board
will elect the officers Of the railroad.
You can draw your own conclusion"
Clash Over Agreement.
The clash between Hartman and
Fish was waged over an agreement
dated July ~, 1906, and signed by
Stuyvesant Fish, Charles A. Peabody
and e. H. Hartman. In June Fish
had begun the collection Of proxies tor
use at this meeting. He states that
an effort was also made by Hartman
to get proxies through Kuhn, Loeb &
Co. also.
June 10 Peabody introduced reso-
luton at a meeting Of the board OF di.
rectors that committee Of the direc-
tors be appointed to collect the prox.
les.
However, on July II, Fish, Peabody
and Hartman entered into this agree.
ment:
"Three outgoing directors are to be
reelected, Grinnell's successor to be
selected by the majority and the sew
eral directors acting, Peabody's reso-
luton of July 18 to be withdrawn and
not to be revived this year, Hartman
will ask that the Harriman-Kuhn, Loeb
proxies be given to Fish"
Hartman Names His Counsel.
w. Morton Grinnell. director, had
died during the year. Fish claims the
Hartman faction agreed that Grin.
nells successor should be a man
whose presence in the directory would
not be inimical to Il , independence OF
| tllS 1iIllOlS SChgl Oh Luu Wouio nv az
ceptable to Fish. Henry De Forest, dt.
rector OF the Southern Pacific, OF
which Hartman is president. and one
of the counsel for Hartman, was
named in the petition signed by Harri
man and six other directors to succeed
Grinnell BY reason OF his Southern
Pacific Affiliations De Forest was not
acceptab G to Fish.
Cromwell declares that under the
agreement Fish Y bound to accept
De Forest and to cast his own and
Harriman's proxies for him.
At yesterdays meeting Fish after
formally being called down by Crom
/ well to cast the proxies in favor 81
| De Forest arose adm declared with
great emphasis: ~ will never, unde,
any circumstances, vote for De For
est"
4 Fish Elects Cutting.
Fish thereupon placed James Dewitt
| Cutting, of New York, In nomination
He then cast 613.7c3 chares for Cut
4 ting. Cromwell as a matter of record
voted 2,100 shares against Cutting, ani
later cast them for De Forest, whom
The had placed in nomination. Cuttins
was thereupon formally elected to fl
i the unexpired time Of Grinnell which
is two years. Charles M Beach, J. T
Harahan. and Cornelius Vanderbilt
whose terms had expired, were re
elected without opposition. Fish CAV.
his proxies to Harahan, despite ths
] fact that the latter had signed a Har
riman petition in favor of De Fores
just before the meeting.
/ During the meeting, after Fish posi-
lively refused to cast has vote for D.
Forest, Cromwell said:
II did not know but you had changed
Jour mind, as you did On the outgoin:
J directors. You said when talked I.
lyou this morning you did not know
whether you would vote for them q
not"
J. ''Nevcr Said Any Such Thing"
81 am going to correct you, MI
Cromwell" answered Fish, rising.
never said any such thing. What / Gil,
say was that refused 10 discuss then
with you In any way"
A sharp exchange or words passe
between Cromwell and Henry W. LIZ
J man, stockholders. Fish called bot
) to order. and the business of the NEE,
, ing having been transacted, 1t was dc
/ clared adjourned.
- --------------
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