The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-12-01
HARRIMAN-FISH
WAR CONTINUED
Appeal for Proxies Signed by
Harahan, Peabody, Van
derbiIt, AStor and Others.
CHARGES AGAIN SET FORTH
FISH ONCE MORE MAKES VIGoR-
Gus DENIAL.

New York. Nov. So.-An appeal for
proxies to be used for the purpose of
preventing the reelection of StuyVes-
ant Fish TO the directorate of the Hi
nois Central Railroad company is made
to stockholders of that company In
letter signed by ]. T. Harahan, presi-
dent of the road and the following di
rectOrs: Charles A. Peabody, Robert
Walton Goelet, John w. Auchincloss,
Cornelius Vanderbilt. ]. ]. Aston, E. H.
Hartman and A. G. Hackstaff.
The document sets forth that these
directors are unwilling to submit long
er to what are characterized as Mr..
Fish's ''unjustifiable attacks, promoted
by our refusal to re-elect him president
of the company last year"
Charges against Mr.. Fish's manage
ment of the property during his incum-
bency Of the presidency are made, the
first being that previously made pub
lie, TO the effect that he loaned more
than $1,000, 900 of money of the Illinois
Central to himself individually, first on
proper security, and that later unmar-
ketable collateral was substituted for
the proper securities originally depos-
tied.
Trust Company Deposits.
Other charges against Mr. Fish are
connected with deposits made in the
Trust Company of the Republic. 1t is
alleged in the letter that with $1,000
600 already in that company, Mr.. Fish,
without the consent of the directors.
an Jan. :. 1903, deposited $500, 900 in adj
dttiOn of the Illinois CentraPs money
with the trust company when it was
practically in a failing condition. His
kinSman TrRGtdant nd he n
director and member of the executive
committee and active in its manage
ment''
1t is set forth that it was impossible
to obtain these deposits at once and it
was only by gradual Withdrawals. dur
ing a period Of many months, that this
money was finally recovered.
1t is further charged that Mr. Fish
assisted in padding the reports of the
Trust Company of the Republic to the
state banking department by deposit
ing money on the eve of such reports,
and several alleged instances are set
forth.
Some of Loan Lost.
Another charge is that Mr.. Fish
loaned s57, 900 of money of the Illinois
Central to the president of the Trust
Company of the Republic, and that the
Illinois Central lost over 1000 of the
amount loaned.
Mr.. Fish is criticized for accepting
election to the directorate and execu-
tive committee of the Missouri Pa
cifiC, which is declared to be one of the
strongest competitors of the Illinois
Central.
Statement by Fish.
Mr. Fish said: This desperate and
vicious attempt TO get proxies for the
avOWed purpose of re-electing Z. H.
Hartman and perpetuating Union Pa
cific control of the Illinois Central is
in fact a confession of defeat. If it be
Mr.. Harriman's purpose to divert at
tention from the bad eminence he at
tained through the Chicago & Alton
disclosures and his investments for the
Union Pacific, by striving to throw
mud at me, he has misjudged the in
telligence of the stockholders of the
Illinois Central
"All of the calumnies in the circular
of Nov. p We're also contained in a cir
cular dated Sept "a and signed ]. T.
HaTahan, president. AS soon as [ saw
its false charges, 1 replied 10 them in
great detail in an answering interview
which was given to the press and mail
ed to stockholders on Sept. %.
This repetition of ISLANDERS, misrep-
reservations and idle tales viii not con-
ceal from the stockholders the real is
sue. which is the reelection or the re-
lection of Mr.. Hartman"