New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-05-09
JARVIS WINS BY ! VOTES
Recount Follows Hot Contest at
Little Boards Election.
BOTH SIDES CHEER RESULT
No Bitterness, but More Ballots
than Heretofore-No Time 70
Count Votes for Others.

- Jarvis was reelected president OF
ne Consolidated Stock Exchange yesler-
dav In the closest and most exeiung
ION ever held on the little board MI
Jarvis headed the insursent ticket ano ue-
feated his opponent on the regular
Ogden D. Budd. by Just votes out u ~
total OF $50 cast. This IS the hrs' 'l'ne IL
the history Of the exchange tnat 'he III
surgerts have succeeded IN eiec'ihs INC"
candidate for president. snd great was 'he
1oy in their ranks yesterday when the re-
suit Of the vote was made known
The vote vas so close that the ballots
had 70 be counted twice. The nrst count
showed Mr.. Jarvis elected by votes ne
Bud adherents promptly demanded re-
count. and 10 satisfy them the votes were
counted over again with great care. WIN
the result that Mr Jarvis was found ~
have a majority OF : The double counting
@ the presidential vote took 80 long mat
there was not time last night 10 count the
votes cast for the other candidates on tne
two tickets and whether or not Mr. JARVIS
rr1ed his ticket through with him VIII not
be known until this morning.
r. Grant and Valentine Mott are the
Candidates for treasurer and chairman, re-
e-ec-ivelv. on both tickets The two tickets
er-o carry the names Of W. W. Erwin and
No~-~sr ". Peters for members Of the
hoard OF governors. 10 serve two years. and
ofer Drake. for member of the arbitra-
+,~~ committee. and w ? Eager. for mem
bar ~ the nominating committee. So al
~ those men have. Of course, been elected.
rps-a was no bitterness at Yesterday
10
60 vhen Mr. Budd ran against Charles
= Bsdeau and was defeated, but, on the
c~,.-arv the best Of feeling prevailed. and
both sides cheAred unfortunately when
the result was made known
There was a lot II lively electionesring,
however. both on the part Of the insurgents
ard the regulars. and every effort was
made 10 get out the full vote. The result
showed how successful the efforts IN this
direction had been. for out OF total men,
hsrship OF go there were $50 who voted. In
Guiding almost all the active members.
which IS the largest percentage IN the his
tory of the exchange.
The candidates on the independent ticket
With Mr. Jarvis were nearly all connected
with the present management while most
n those on the regular ticket were new
men. Mr Budd. the defeated candidate for
president has been twice president Of the
little board. tie last time i'm 1907.
Nr. Jarvis was elected president Of the
exchange for the hrst time a year ago.
He succeeded Charles y. Badeau. who had
been president for TWO terms, and declined
q denomination. Mr. Jarvis has been a
member ~ the exchange since 1896. The
established precedent on the little board
is 70 renoninate a president for q second
term. but this custom vas not followed
bv this Years nominating committee.
Tn the opinion Of a large number Of the
active floor members. however. he had
'mad- good" and was entitled 70 another
term. and on the petition OF $50 Of them
he ran again, with the result already an
nounced Mr Jarvis is trader and is re-
garded as one of the ablest men on the
exchange