New-York tribune., 1908-03-04
I. E. MEETING HELD.
JfR. FISH STAYS IW4Y.
J. Ogden .IrmcHr Siafed for HIS
Place on fhe Directorate.

Place on iie directorate.
chicago. March s-The long struggle for control
- he Illinois Central Railroad ended at least
en,r,,-artiy to-day, when the often adjourned
,4a7 meeting Of stockholders held It's final session
.rs elected four directors With only formal pre-
- -,sor6ed b. tiae interests headed by Stuyve-
ssrr Fish which have been opposing the admins
.-.,ter II tIe road. r II Hartman and John
-, Aston were reelected TO the board 4. 6.
--s,-S,s1 who has been serving director
80 fhe deai1s of John - Weinc. was chosen
:. su out the unexpired term, and Joseph r. Titus
= elected te succeed Stuyvesant Fish upon the
z.-s-.o-s7e Nr- Titus. however is to serve only
. -, weeks President ITarahan announcing to the
..kboise~s tha; :. ogden Armour. OF Chicago,
n ,a chosen re the board in place Of Mr. Titus
- - -he stool. owned by Mr. Armour can be
---sfe--aI TO his account OF tke books. thus max
- aim g erockhoIder of record
- Fish was not present at the meeting and
- , +.- OF E5s allies there watch his
.,e-es-s Neither were the majority of the proxies
!, = b,- ~ Fish presented to- The proxy commit
= --77~ rsport OF that body showed that 5s4SSS
,,-as o.r ~ e total of 5000 outstanding were
s-irle5 IL De- voted OF these 5si,45s were held by
17-aSiseur Harahan.
THE -e-rpa-atively small representation of stock
- 80. --ss-iDE had one effect which rather
-,,-,=--fur 70 the administrative forces With
- tbar tuo-thirds Of the outstanding stock vot-
-. !. ga. found impossible 10 ratify legally the
-.,- ,r the board Of directors in agreeing pur-
C..se .vvo small branch lines-the Kensington
5-..-e-7 and the Memphis q State Line Railroad
T. c,srtcr Of the railroad requires that 60. .6tsi
,b.-es shall he voted IN favor of any proposition
-. =, "a. pl,~chase Of other railways To-day
,- = aas were recorded IN favor of the plan TO
,--.5ss. Ire r~c lines in question The Kensing-
r. --.r--,-7 rurs from Kensington III, 10 Ham
,-1 Ind acting as a connecting link between
=. Illinois Central and various roads The
,----bis { stat Lire i a belt railroad around
,fe-7-tis Ten Boih propertties. II said by
Trssi5c-s F5aTahan. have been constructed with
4~-ds sqlprlia5 h. the Illinois Central He added
So -re rrojslts Tcre begun ir the administration
of NJ Fish.
7- addition % electinr the directors The stock
boide-s ratified the purchase OF certain +erminal
,roperries n New Orleans and Memphis. The
value Of these Vas stated to b about S.oo0oo
Tae first incident IL the meeting which recalled
rne z--+-ronious discussions that characterized
former sessions came Hhen motion Tor accept
nce and approval OF the report OF the proxy coIr-
-rrtee vas made b. William Nelson Cromwell at
,c-ney for Z II Hartman. Frank II Culver. act
~ a. attorney for Henry " Leman. presented
3 formal protest against the voting OF The 2Sl32l
sasres OF stock held by the Union Pacific Railroad
company and the Railroad Securities Company
-He --ateSt recite5 briefly the same allegations
-,cr which were based the suit brought by Stuyve-
szr- Fish and afterWaTd decided adversely py
rrsr. PaT and that begun recently by 8Ir L6nlan-
.,-esr emphasis was laid upon the fact that the
-zc hoidrc coprsnies are not Illinois corporations
5-5 tou- rhe allegation that they have not COM
With -h1 statutes o. TINS S'afe fV-aioii's A''
eirr r5-rara;ions seeking 10 DO business here MT.
.--r--- also presented similar protest on his own
-sber- and identical documents were handed in BY
ps5l 2 Harris and william II Enrich
v-r-- q vote was taken on Mr. CronWelIs motion
.,s-- v-.s "a chorus of ayes and only q few
scattered NOES"
IT, -o-7fna+ion OF directors followed There was
- -,,kz- IN opposition that brought forward b.
-ba administration forces. and the ballot lhat loA
loved vas more or less perfunctor!-
----r III result announced L vas iouhu
...- sa -otas had been cast for Mr- Wentworth
-4-,-,es Il Astor received 5sS-1s2- Mr Harm
- -ls1sr and Nj Titus and MI Hackstan.
5zefse eacl ! ripple u applause followed Fresl-
dent Ffsrsian's announcement OF p1e
a5szr Hartman Assor and Titus were elected IoF
- -z-- ending IT October. 1911. Mr- hackstal'S >
,frr7 uIu expire in October. 1905
r. annual reports q inc officers OF me 1'ae a'1
-r- actions o. the directors during lse'. were a'
.-,..z -+e -ezative votes this matter num-
fs,ed So Action On the propositions 70 nly me
srsr~b railroads and terminal properties endeo th@
-s-,oses.,rr Nj Cromwell explained after th-
-s- n. -fzr ne temporary election OF MI 4I'u7
m -7s directorate was due 10 & doubt as 10 inc
l-Ssli,v OF choosing % this position PeisO var
s4s -ct & s,ockholder Of record
The fs-- --zt she stock owned by NJ -ATl1oo-
-s5 never ben transferred him on the DOCKS o.
- r,-ra-z-fe1 vas not discovered until after ti'
book- rse closed for this meeting SAID '1'- C'oiA
.au .-H. e,zrrrtes Of Illinois. understand pro
Er=1s ~ armour is q stockholder IN fac1' ne -
IT. q z-oczloIder q record Therefore Il W.
o,,rga best 70 postpone his election until an 'eOi
riczlitles could Dc provided for
Jassr- e -r--s is an Official Of the railroad nor
IL .5e r.5g5-5o7 OF assistant 70 the president
n =-sr zz-e cut tonight the following sldle
rsa- relative 70 MS absence from the stochAoae'S
meeting
refFe.el from taking any paft 81 me IT, -
y tegs,.se / deemed best To- lhoSe 3toC[a
lc6e-e ~--r=z proxies hold Tf'Sr ncitaei -
-a- b. ii s~v manner bound by anything ooI.S
3 ~ meeting NJ first intention hao peen " -
attend -le meeting and not present any ~ ~.
J. vLlc1 might have ben clSlleu --I- -
As re5 -r-rzsa- ana vas personaii- present
Lass v-Ho lao given ne proxies were aiSo pres
~.
W5er on February - Jhe situation was to'all.
sasnsee y- JudEs Balls opinion Al one
circulars o.. -TE rfo stockholders oi1eElIlS 70 Nti
- lod r1=-- proxies from record. AMI sdFo III
EsGesr r4.- 5-irv 10 rsv having GoIH 50 t'-I
fzcGEisfS r#lr zEzifed themselves % il-9 -
tFe.r - 1htslr rs-ozi-s from those VIC I.e'
FpporteG rs with tie result that among ~
aasses z-rHa- -+sr-- voted today ~erez nose 81
-lee J-dge Balls decision for more IMAM '1''
Easres ---
Taoss Vrc did not act on my circular 1np -!
-. tae-G proxies iu my hands Tested ne -
cscreri1r II so. fo~ fnern 70 TleT sI!'ti :
fie1- n the exercise -
fis-rttOr concluded thai O1Ir intere-RS - -
i-oeotel h- taking part ia the meeting
nkccTGnEpS