Evening journal., 1907-06-12
AMES FORCES
WON THE fight
American Pneumatic Service
Co. Stockholders Wind
Up Long Session

After being in session until nearly
midnight last night stockholders Of
the American Pneumatic Service Com
pany closed their annual meeting when
w. f. L. Dnlaway against whom the
opposition, or Ames forces directed
their attack admitted his defeat for
the presidency of the board of direc-
tors.
Since the last meeting both sides had
the proxies of the stockholders who
had not voted. and when these were
counted it gave the opposition 10,9S0
votes and the administration 1910
votes The result of the count of all
the votes except the brokers' proxies
gave the opposition 1896 votes and
the administration 139 2J5 votes. The
count of the brokers' proxies was then
taken uD. and when the meeting was
called, these showed a gain for the
opposition of 9.011 and q loss for the
administration Of 6,942 leaving the total
vote for the opposition at 159.S77 and
for the administration 1913. This
gave the opposition about 27O64 ma
iority.
Mr.. Dillaway Retires
It was at this juncture that Mr.. Dill
laway addressed the stockholders.
saving:
Gentlemen, I want TO say a few
words Let me shorten this matter
here, heard the returns brought in
regarding this vote. and it is perfectly
plain to me that the management of
this company is completely outvoted.
7 recognize my defeat, and I bear none
of the bitterness of defeat Mr.. Ames
and I had a talk few days ago, and
Il satisfies me that there is no feeling
on his part. and 7 assure you there is
none on mine. ] have carried this
burden for many years. endeavored
to do my fnl duty by this company,
and I had felt that I had brought it
up to aNstate of advancement where
much was TO be realized from it.
have no desire to continue the burden
It has been known to my associates for
a long time that I was glad to be re-
lieved. and It is now cast upon younger
shoulders. am content to let It re-
main there. and I wish them all the
success they can achieve. I instructed
counsel to cease the discussion Of any
on these proxies. because in the main
it Will be found to indicate a majority
certainly as large as it is now, and II
is only temporizing, IL seems to me
in delaying further the accounting OF
the whole Of II I instructed my coun.
sci accordingly to let the vote be taker
so that we can get to an end Of these
deliberations"
sherman L. Whipple said: Gentle
men think that was a gentlemanly
handsome and manly speech and
should say three cheers for Mr.. Dill.
laway." Cheers and applause followed
Mr. Dillaway remarked: should
have had that applause before. I thin
II would have made me feel much bet
ter"
The result Of the meeting was tha
! William s. Hilles. of this city. repre-
! senting the Ames faction, which wal
I opposed to M. Dilaway, was elected
temporary chairman.
After Mr. Hilles election was assur
/ ed he called the meeting to order ant
the following board OF directors wer'
elected. w. II. Ames. e. n. Foss
! Atherton Loring Oliver w. Mink. F
p. Royce. Gilmer Clapp. Oal1es Ames
Charles F. Aver, all of Boston; How
ard Gould. J. j. Kennedy, William b
Joyce, of New York; George II. Chand
ler Manchester. \. H.; John f. Mil
holland. Philadelphia: William S. Me.
Curdy. St Paul. Minnesota. and jaime.
7 L. Wolcott. Dover. Del.
The directors will meet I'm Boston OF
| Thursday when the following officer,
win be elected William H. Ames
president; OalSes Ames. vice-president.
W. r. Barnard. secretary, Gilmei
/ Clapp, treasurer ar. Ames with 8
party which included Oakes Ames