Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1907-10-10
HARTMAN D. k.
On UNION PACIFIC
STAR RAILROAD MANlPULATOR
ENDORSED BY MEETING OF
STOCKHOLDERS.
WILLIAM r. Villas RETIRES
FROM DIRECTORATE OF WIS
CoNslN CENTRAL.
ROAD OFFICIALS SAY TWO-CENT
PASSENGER RATE INCREASES
EARNING.

Salt Lake City, Utah, Oct. sc.
II. hartman and his policies were
endorsed in resolutions passed by
the annual meeting Of stockholders
of the Union Pacific railway yester-
day The board Of directors was re-
elected without opposition. 1t had
been rumored that considerable oD-
position to Hartman would develop
at the meeting, but the only anti-Har-
riman manifestation was the refusal
of a proxy for James Ferris to vote
his 100 shares of stock in favor OF
the resolution endorsing Hartman.
This same proxy entered a protest,
asking that the bylaws of the com
pany be changed so the chairman of
the board would not be accorded the
power OF the executive committee
when the executive committee is not
ia session. This protest was tabled.
Villas Leaves Central Board.
Milwaukee, OCT 1.-TWO changes
in the personnel OF the Wisconsin
Central railroads official body were
made at the annual meeting Of the
stockholders yesterday, when George
W. Webster, secretary of the COM
pany, and Sidney G. COurteen, whole
sale seed man of this city, were
elected to the board Of directors TO
succeed ex-senator William F. Villas,
Madison, and George M. Cummings,
New York The other director whose
&c
York. He was reelected.
The annual meeting brought
number OF the heavy stockholders to
the city, and many of the officials.
President w. A. Bradford Of Cinc1n-
natl, presided. The report which
Secretary Webster presented showed
that the road has been in a flourish
ing condition during the past year,
and has increased It's net earnings.
The surplus equals 4 per cent. on
the outstanding preferred stock ana
BIT per cent on the outstanding com
mon stock
Low Rate Helps Road.
President Bradford expressed him
self as well pleased with the pro
gIess of the road, which now oper-
ates about 1000 miles OF track. All
OF the high officials of the road
stated that instead of damaging the
road, the interstate commerce com
mission acts and the 2-cent passen-
ger rate had caused an increase
rather than a decrease in the surplus.
Both July and August this year
proved greater money makers than
the corresponding months last year.
BY the retirement of George M.
Cummings of New York. the board of
directors will lose its chairman, and
that position Will be filed Fly M. M.
Chadbourne, Jr., of New York.
The two new directors have tor
many years past been connected with
the road Mr. Webster entered the
service of the Wisconsin Central In
1898, and in 1902 he became sec
rotary to the president, Last year
he was elected secretary and this
year he becomes director for three
years.
Gruber Joins Great Northern.
St. Paul, Oct. 9.-WhiIe it was not
officially announced that J. S. Gruber,
general manager of the Burlington
system. was coming to join the of1c-
ials of the Great Northern, it was
admitted, but no statement could be
obtained as to what his official title
would be. Gruber was formerly con-
nected with the Great Northern as a