New-York tribune., 1910-01-14

Island preferred has been going IN quietly
for many months, and that over lv'Wo
shares have already been shipped ABROAD
and paid for.
PEARSON REPORT DENIED.
Inquiry regarding this circular met with
denial in the highest quarters that con-
troll had passed to Mr.. Pearson and his
friends. There had recently been an in
crease in the foreign holdings, IL was said,
but they still represented far less than con-
troll: and it was added emphat tically that
the control would remain in the present
hands. Judge Moore's holdings have also
been increased of late il is learned.
The official statement issued from the
Rock Island offices was as follows:
Roberts Walker, formerly assistant gen,
eraI counsel of the Chicago, Rock Island
& Pacific Railway Company. has been
elected director and president Of the Rock
Island company succeeding Ncnaro ,so "a,
been elected a member of the board of di-
rectors. chairman of the executive commit
tee and general counsel OF the Cncaso'
Rock Island & Pacific Railway Company
AS chairman of the latter company he sue.
ceeds d. G. Reid, resigned. The office OF
vce-chairman OF the executive committee
of the Chicago Rock Island & Pacific Rail-
way Company has been abolished. This Of
fee was formerly held by Richard A Jack
son. Mr. Reid remains as director OF tle3
Chicago. Rock Island & Pacific Railway
Company and of the Rock Island com :
pany. Mr.. Walker has not been elected
chairman of the finance committee. as was
reported.
It was officially announced several weeks
ago that Judge Moore and Mr.. Reid would
enter the board of the Lehigh Valley Rail-
road Company at the annual meeting on
January Is. and If that programme shall be
adhered to Wall Street will take the fact as
full confirmation of the statements that the
relations between the two capitalists are
still cordial and close.
Roberts Walker. the new president and
general counsel of the Rock Island COM
pany, is only thirty-five years old He is
married and lives at Scarsdale. n. Y. He
is a graduate of Amherst, of the class of
sc. and of the Columbia Law School. Short
ly after completing his law course he en-
tered the office of Paul D. Cravath and
later became secretary TO Justice William
c. Keener. He gave up this position TO be-
come assistant general counsel of the Rock
Island system. in which capacity he was
acting when elected president of the Rock
Island company yesterday. His father, Al
dace f. Walker. was formerly chairman OF
the board Of directors of the Atchson, To-
peka & Santa Fe Railway Company. and
before that was head of the reorganization
committee of the road. He was also for
merly a member of the Interstate Com
merce Commission. having been appointed
by President Cleveland.
Richard A. jackson. Mr.. Walkers prede-
cessor as president of the Rock Island
company, was born in Richmond, Ind, in
1858. He was graduated from the Univer-
sity Of Virginia in 1874, with the degree OF
Ii. B.. and admitted to the bar in
January, 1880. From 1856 to 1890 he was
prosecuting attorney for Wayne County,
Ind, ard from the latter date until 1892,
when he became connected with the Rock
Island system, was engaged in general
practice. In November, 1904, he was elected
first vice-president of the Chicago, Rock
Island & Pacific Railway Company. and
was also appointed general solicitor of the
road. In June. 1904. he was elected presi-
dent and also general counsel Of the Rock
Island company.