New-York tribune., 1909-09-15
LOVETT HEADS S. P, TOO
up. ACTION DUPLICATED
Mesrs. Schif and Rockefeller Nezc
Directors Hartman Resolution.

The directors OF the Southern Pacific Company
=, their meeting yesterday fulfilled Wall Street
.,nectations by duplicating the action taken by
che Union Pacific board on Monday, when ex-
Tare R s. Lsovett was elected chairman OF the
vecutive committee TO succeed Mr.. Hartman and
Jacob II. Schim and William Rockefeller were
lected directors and also members of the executive
,ormittee OF the company.
Tba two vacancies on the Southern Pacific board
vbiob were filed yesterday by the election OF
Nessrs Schih and Rockefeller We're caused by
she death OF Mr. hartman and w. D. Cornish
,rho died time ago. The election OF Judge
rovett 10 the Craftsmanship OF both the Union and
southern Pacific executive committees means II is
rslieved Wall Street. that the development plans
a. Mr. Hartman with regard TO both properties
viii be carried out
The directors took action yesterday toward
.secting a successor 10 Mr.. Hartman as president
of the company, and II is not thought probable
tba; anything viii be done in this direction in the
near future
The Southern Pacific directors followed the ex-
ample OF the Union Pacific board in appointing a
committee Of three OF its members 10 draft resolu
tons in regard to Mr. Harriman's death. Frank
A Vanderlip. Henry w. de Forest and Marvin
Hushitt constitute this committee.
The Union Pacific committee, consisting OF Mar
yin Hughtt, Henry c Frick and Charles A. Pea
body reported yesterday 10 the board OF directors
tbe following resolutions on the death OF Nj Har-
Fiman:
Resolved. That the board OF directors Of the
Union Pacific Railroad Company with deep sor-
row records the death of Edward Henry Harrt-
man his country place al Arden, y. y, at IS
O'Clock on the afternoon Of September 3. 1903,
Than chairman OF the executive committee and
be anG hSd Shg edhe ns e the Rt saniGs siS o
the new Union Pacific and Southern Pacific. and
ertes have been brought. the part that is being
performed by theIni n the deyelopment OF the eoun-
securities OF said companies now rest are monu-
ing work in the Interest Of these companies
Il is impossible 10 here record any adequate ex-
for the American railroad system for it must form
large ana important chapter IN the history OF
with Mr. Hartman appreciate even more the quail
Kindness OF his heart, the strength OF his friend
ship the quickness Of HIS sympathy and his 10y
90 marked inspire the devotion OF all who
knew him well, and his happiness IN his home cir
mourn his loss as personal friend and as the
head Of these companies and tender TO his family
Resolved; further, That an engTossed copy OF
10 Mrs Hartman.
In proposing the drawing up OF suitable resolu-
tons the death Of Mr Hartman at the special
meeting Of the Union Pacific board on Monday
Judge Lovett said:
Gentlemen. we meet to-day in what 10 each OF US
personally and TO all these corporations. IS the
shadow Of a great bereavement. one OF the most
and certainly the greatest man OF his generation
passed beyond when, at 3:25 o'clock last Thursday
the whole world recognizes his genius and acclaims
his great achievements. But who were init
mately associated with him know what the world
does not-that there never was a kinder heart.
more sympathetic nature. a truer friend. a
more loyal 10 his business associates and fellow
workers sure you wish TO make some record
OF your appreciation Of this extraordinary man.
The directors OF the Illinois Central Railroad
Company also met yesterday but took no action in
regard TO filling the vacancy caused by the death
of Mr.. Hartman. J. T. Harahan. president OF the
road, was instructed 10 appoint a committee 10
draft resolutions on Mr.. Harriman's death.
Some overnight returns OF borrowed Union Pa
cifc stock were reported yesterday by brokers in
the loan crowd in the Street and IL was generally
expected that large amounts of the stock would be
returned last night. Altogether. il was said two
hundred thousand shares Of the stock had been
borrowed IN the last two months so IL might be
transferred for voting purposes at the annual
election, on october y. AS the transfer books
close Monday, II is believed that practically the
whole OF this borrowed stock will be returned be-
fore this afternoon