Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1911-02-23
Large Stockholders Dissatisfied
With Gould Management.
ELECTION TO Be HELD MARCHI4
Of the Outstanding $50, 100000 Stock
About rs Per Cent Is Owned by
Members Of the Gould Family
and Close A~dherents.

st. Louis, Feb. ia demand has
been made for the Missouri Pacific
railroads. stock books by a New York
lawyer, representing the Kuhn-Loeb-
Standard-Oil interests, in order that
the names and addresses Of the stock
holders might be obtained. 1t is re-
ported that this is the beginning of a
financial battle to gain control Of the
Missouri Pacific railway.
The New York lawyer, accompanied
by Attorneys f. y. JudsOn and For
mer Judge II. S. Priest, of st. Louis,
went to the office of Martin Clardy,
general solicitor for the Missouri Pa
cific. and asked that the stock books
be surrendered. The prime object, it
was reported, was to get the stock
holders proxies for use in the election
of March IA, at which the allied finan-
cial interests hope to wrest control
of the system from the GOulds. Clardy
was not in his office, but his assist
ants spoke for him.
Kuhn, Loeb & Co., who have made
III ItGItS VII . GOulI j ~ olb IlOAo
large blocks Of its stock, are said to
be dissatisfied with the management
of the road ard to be ~displeased by
the company's failure to resume the
5 per cent dividend on common stock
which was suspended in 1907.
Assistant Solicitor Merriam declined
to discuss the purpose Of the visit.
"For a railroad attorney to discuss
the affairs of his clients would be dis
courteous and improper" he said, and
he would not reply when asked
whether the road intended to give up
the records asked for.
lie said the annual election was to
be held March IA, but would not say
whether he anticipated a fight for con
troll of the road then.
New York, Feb. 1.-THE movement
begun in ST. Louis seems to presage a
fight 10 end the Gould control of Mis-
souri, Pacific.
OF the outstanding $50, 100000 stock
of the Missouri Pacific Railway com
pany, approximately ~$20,000,000, or a
little less than 25 per cent, is owned
by members of the Gould family and
their close adherents, and controlled
by George J.. Gould. eldest son of Jay
Gould. who has been president of the
company since his fathers death. John
d. Rockefeller, a heavy holder of Mis-
souri, Pacific securities from Jay
Gould's time, is said to control a block
of the stock as large as that of the
GOuldS. The important international
banking house of Kuhn, Loeb & Co.
controls a large block, both from di-
rect ownership and through the syndi-
cate which took over the holdings Of
the PearsOn-Farquhar syndicate last
July.
The only inference drawn in finan-
cial circles in this city was that Kuhn,
Loeb & Co. had Wearied of the en-
deavor to secure Mr., Gould's retire
ment from the presidency by moral
suasion and had started out to force
it with the cooperation of John d.
Rockefeller.
The Missouri-Pacifc railroad proper
operates 1883 miles of road, with the
principal termiEi at st. Louis and Den
yer. In addition it controls 5000 miles
of road. This makes 4 pretty stake to
fight for entirely apart from the ad-
vantage d~erivable from alliance of the
system with the Union Pacific lines.
Mr.. Gould was in his office, but re-
fused TO discuss the matter.