The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1907-10-05
BOOST FISH TO
CONTROL |. c.
STOCKHOLDERS or HARTFORD,
CONN.,, HOLD MEETiNG-so0O
SHARES REPRESENTED.
ADOPTED RESOLUTIONS
gated to Acknowledgement
Methods Of Road Are
Severely GriIed.

!
ing of the local stockholders OF the
1 Illinois Central railroad today, held
under the auspices of the Hartford
Board OF Trade and representing
about 5000 shares of capital stock,
the Hartman administration of the
property was subjected to severe
grilling. The sentiment Of the meet
ling was altogether favorable to Stuy-
vesant Fish and his campaign to re-
gain control of the railroad. Prac-
Itically all the speakers arraigned Ed
ward Fl. Hartman and the methods
which he has employed in connection
With the railroad.
Resolutions were unanimously
adopted by the meeting declaring that
the present controversy in the Illi-
nois Central management has brought
to the knowledge Of the stockholders
the fact that the directors have dele
gated their powers at intervals to an
executive committee, which In turn
has conferred the same absolute
power upon the chairman, which we
believe to be a grave danger to the
interests of the corporation and its
stockholders"
The resolutions also declared, by
way Of preamble. that this concentra-
tion Of authority has enabled the Off
GERS to make large f0ans 10 t3feil1-
selves on such terms and securities as
they deem sufficien; and of which
they are the sole judges.
1T Is also evident" say the resolu-
tions that under this present system
Il is possible for any individual dele
gated with these powers to make his
own interests this railroad and its
business subordinate and contribu-
tory to other roads in which he may
have greater PERSONAL interest.
Therefore we protest against this
improper and hazardous practice. and
we request the board of directors to
take such action as will prevent these
evils In the future
1t was voted to transmit the resolu-
tions to a director, Charles NJ. Beach |
Of this city, with the request that he |
submit them to the annual meeting of !,
he stockholders of the company. Mr.. |
Beach, who is opposed to the Harri- |
nan administration, is one OF the |
men designated by the Fish faction
70 receive proxies for the restoration
If the Fish regime.
The meeting was overwhelmingly |
and besides voting on |
he disposition of proxies adopted
'esolutions setting forth:
Whereas. The present contro-
'ersy In the management of the Illi- |
lois Central railroad has brought to
he knowledge of the stockholders the
act that the board of directors has
delegated their powers in intervals OF
session to an active committee of
heir number. which in turn has con-
erred the same absolute power upon
heir chairman, which we believe to
'e grave danger to the interests of
he corporation and of its stockhold-
RS: and,
Whereas, The fact has become
crown that by this concentration of
the officers have been en-
bled to make large loans to them
'elvos on such securities and terms as
hey themselves deem sufficient and
ire the sole judge. and as 1T also is
iyident that under the present system
Is possible for any individual dele
,ated with the powers to make his
swn interests this railroad and its
business subordinate and contribu-
ory to other roads in which he may
lave a greater personal interest. and
therefore, we. stockholders of the Illi-
O. Central railroad. protest against
Improper and hazardous practice.
~ we request the board of directors
take such action as will prevent
heDe evils In the future"
8 NJ. Young. OF New York. a repre-
>ntatiye of Hartman interests. was
the building. but did not attend the
Meeting.