New-York tribune., 1907-10-05
MIR. FISH GRATIFIED.
DISCUSSES CONFERENCE.
Significance of Illinois Central Stock
Transfer to r.. III. Hartman.

stuyvesant Fish. ex-president Of the Illinois
Central Railroad Company, is greatly gTatified
-,.r the results of the Hartford conference of
.ba stockholders OF that company. In state
-. Yesterday he urged stockholders in all
narts OF the country to send representatives to
.ba meeting in Chicago on October 16.
ua devotes some space to the consideration of
.Ao transfer Of Illinois Central stock from the
porroad Securities Company to z. H Hartman
In September
The statement in full says:
shall be more than glad to see the stock
hoiders in every city in the country thus get to-
nstber of their own motion and send representa-
es;ves Of their own choosing to the meeting in
cbtcago on Wednesday, October 16. 1t is in
.bis way that stockholders can best come to
,nov - what is being done with their property.
Tgs Irnois Central Railroad Company's state
snr Of revenue and expenses for the two
months ended August 81, 1907, shows that in
ang,,st with an increase Of SSO0,25O in revenue,
.tsre was a decrease of S247,917 in net receipts,
,brs confirming, as their statements for July did.
.-bat said about the net receipts for June hav-
,,e been padded in order TO make a good show
;ne, which showing the present management
nsed so assiduously in their hunt for proxies.
Srbev have mailed at least four applications
for proxies TO stockholders and. many
stockholders have written me, are employing
nsid agents all over the country, besides using
tba time and services of great numbers of the
coYnpany's officers and employees in soliciting
proxies .. -. 1851. -, -
The following statement shows what were the
directors holdings of shares as registered on
tha conpany's books on November Z, 1906, and
on September %. 1907, when those books closed
for the coming meeting:
" Auchincloss, 1906 600; 1907 eco. ]. j.
sstor 1906. 1000: 1907, 1000. c. NJ Beach.
I908 500: 1907, 500: ]. De W. Cutting. 1906.
500 1907 1.O10. Stuyvesant Fish, 1906. II 492:
1907 12452 r. W. Goelet, 1906, 500; l9oI,
1000 F. H Hartman. 1906. 130; 1907, l4.l3o.
@ Hackstaff. 1896 o; 1907, 13I. j. I.
Hsrahan, 900. IA: 1907, 144. Walter Luttgen
1906, 500. 1907. 500. Charles A. Peabody I906 906
5a0. 1907 800 Cornelius Vanderbilt 1870
1854: 1907. 1.4S4
Except in Mr.. Harrirnan's case. the changes
are unimportant. The company'S5 5 books snow w
that on September IS, 1907, 14,Oo0 shares or
TiIinois Central stocks were transferred from
tbe name Of the Railroad Securities Company
TO that of '.E. H. Hartman and that on sep
fernber 90 1907, LOCO more shares We're trans
ferred from the Railroad Securities Company 10
? list of directors. officers and clerks or the
Union Pacific and allied companies, lot lhe Up-
,ious purpose of qualifying them to attend the
illinois Central meeting and work therein ior
Tbe interest of their employer. Those BOOKS also
show that from the Union Facllc corap1KS ,,sFss
holdings Of Illinois Central shares transfers
were at that time made TO the names. among
others. Of two Of Mr.. Harriman's attorneys IN
the Chicago & Alton, several men VINO sen sup ~
rIias 10 the Illinois Central. and number o. ITS
attorneys officers and agents, including that OF
A G. Hackstaff, its vice-president
In the investigation before the Interstate
c,or,roerce Commission last winter 1t was proved
nat the Union Pacific had, in July ana Octo-
her 1906. bought from Mr.. Hartman practi-
callv all the shares OF the Rallroad Seculllles
Company. which IN 1urn o"heu 0o'V'' 9ii'A u
Illinois Central.
II is not for me to say whether Mr.: Hartman
has now in fact bought those 14,Ho shares OF
Illinois Central from the Railroad securities
Company. of which he is the president, or not.
Nor IL So whether he has paid for them at the
price at which he sold his Railroad Securities
Compsnv's shares TO the Union Pacific last year,
which was on the basis of Illinois Central shares
being worth S175 each. or has paid for them on
the basis of the present value of Illinois Cen
trail. which is about Sl3o share. Indeed,
have no reason to believe that Mr.. Hartman
has paid for them at all That, however. is q
matter which does not concern US, but should
interest the stockholders Of the Union Pacific,
who viii meet in Salt Lake on Tuesday, Octo-
her g.