Evening star., 1907-11-09
Lands Decided to Trustees.

The Lake Superior Company, by deed
of transfer from Mr.. Hill, has become the
owner of the 5000 acres of iron ore lands
have described. and that company, in
turn has decided them to a board of trus-
tees consisting of the following persons:
Louis w. Hin. Walter Jerome Hill. Louis
Hill, James Jerome Hill. Courtland Hill
and George Norman Slada. all grandsons
of the president of the Great Northern
railway. The latter is the child of George
T Slada and Mr.. Hills daughter. Char
lotte, is graduate of st. Pauls School,
Concord. n. H., and of Yale University
class Of '43, and has been in the service
of the Great Northern as general super
intendent since 1903. Before that he was
Erie railroad, and for two years was
general superintendent of that line.
Robert l.. Bacon, Caspar c. Bacon and
Elliott. c. Bacon, sons of Robert Bacon
assistant secretary of state, now students
at Harvard.
Francis John Ward and Lawrence Ward,
the four or five year old sons of Frank
E. Ward, late vice president of the Great
Northern railway.
Thayer B. Harrington and John D. Far
rngton. children of Robert |. Earring
ton, general counsel of the Great North
ern railway.
Howard Elliott. jr., the young son of
the president of the Northern Pacific rail-
3
ward. class of 81, who began as rodman
on the engineering corps of the Burling
ton road, in 1850, and worked his way up
until he became vice president of that
corporation, and then accepted the presi-
dency of the Northern Pacific.
julie NJ. Hannaford, jr., and Foster Han
naford. infant sons of j. M. Hannaford
second vice president of the Northern Pa
cific railway, who has served continuous
ly with that corporation since he was a
boy beginning as a clerk in the freight
office at ST. Paul. and working his way
up until he reached his present position.
Payne Whitney of New York city, son
of the late William c. Whitney, and hus-
band of Helen Hay, daughter of the late
Secretary of State.
George F. Baker. jr., son of George F.
Baker, president of the First National
Bank of New York. and next to ]. Pier
pont Morgan perhaps the most infu
ential financier in the United States. Mr..
Baker was born in Washington. His
father spent nearly his entire life as an
official of the District of Columbia. Mr..
Baker is director in a large number of
important corporations, including the
Northern Pacific.
The last in the list of trustees is
Samuel Thorne, jr., son of Samuel
Tholne, a retired leather merchant of
New York, who is director in
Northern railway. Another son of Sam
uel Thorne is Oakleigh Thorne, pres
dent of the Trust Company of America.
Some of these trustees are mere chill
dren, the youngest being three years
old. and the trust is to continue until
twenty years after the death of the last
survivor
Such arrangements are frequent in
England, France and other European
countries, but l do not know of any
precedent in the United States. The
trustees have no authority to mahe any
changes in the lease of the SJ00C01,COg
ore bed and are simply empowered to
do whatever is necessary to carry out
its provisions. Allowing them the usual
lease Of life, the trust will extend nearly
a century.
Roosevelt's Policy Praised.