New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-01-28
AAD Of B. R. I. TO QUIT
6 ". Winter Announces His In
fention of Resignlng.
Underwood MAY SUCCEED
;rs for Recreation Under
~ ,ood To Be Cause of Pro-
posed Retirement.

oun request. Edwin w. Winter,
Al ~ ,,nuary. 1908. president Of the
PFC '.,,r Rapid Transit Company, was not
Frc,.d director at the annual meet
ret ,,s stockholders Yesterday. and It
scanned that his resignation as
va ,,.,, would he submitted TO the di-
=, their next meeting. Norman r.
TOf oiso declined reelection 10 the
h'a, I'D the places Of the two men and
n, go late D. X Valentine were filed by
-" ..,,on Of Nicholas F. Brady. son Of
X Brady. who Is chairman of the
NHT :, the company; Colgate Hoyt, of
s s.ock Exchange house Of Colgate Hoyt
and George w Dawson, a lawyer,
Z. brooklyn ,-. -.
.,,,sr Is 1870 and who prior to COM
"a the Brooklyn Rapid Transit had
s connected with various steam rail-
=, Cor thirty-fve years, his service in
ms a wear or more as president Of the
...,.ssrn Pacific. is retiring primarily with
=. affect n giving more time to recrea-
". : is understood. and not as a conse-
.-,,ss OF any new moves in the local
.,.,,on situation. Anthony y. Brady, in
s,,,sr,ent expressing the regret OF the
'.,.,ors AZ M Winters decision TO re-
-, said that they wished that he might
80, hesn persuaded 10 remain.
", Winter himself issued a statement.
= rbieh. after axplaining that he had as
..-,sd the presidency with the understand
,.s that he should carry out certain reor-
,,nIzing work which IL was estimated
s.,ls he completed in six months or a year.
\, skstched the progress made by the com
,,,v under his administration, saying I'm
part:
The company's outlook at the close of
80 was not overencouraging. with :ts
,souing Of less than $4,000 surplus from
.ss last fiscal years operations. the prop
.-,v lacking a. 10 seemed. Of almost every
,,.sfpl thing including credit and stag
rs-,rg under a torrent Of public condemna-
nm. spoken written. printed-such as
had never seen turned against a deln-
sus1t corporation beforehand I was not
rev 10 corporate work.
THESE EXPRESSIONS could be heard at all
TINES and everywhere in Brooklyn. They
ware Communicated 10 the daily papers
,-bcdied IN resolutions az public gath
s-nes and made the burden of official
ordinations from The Borough Hall It
VS. pleasant but the militant ugliness of
ia thing had a peculiar interest OF its
oun. and in looking back ! recall some
JOYOUS scraps ! wouldn't like TO have
missed Nevertheless, IT was a nerve wear
Ing struggle and IL seemed a long time he
fore the turn came. but gradually in one
vay and another We got on higher ground
IN tire meantime, public sentiment has
vsiay changed. mere abuse as such has
lss' popularItv. The relations Of the COM
ysny to borough. city and state depart
cents are amicable and businesslike, q
word NJ conmendation may happen in
pint without detriment 70 circulation.
tsgsive letters have given way TO fair
ENDED and often helpful criticism or sug-
gstors. even the shareholders look pleas
lster and I, whose six months have run
s'o eight fairly busy wears Of mixed ex-
rrsnce, am taking my hat off the peg
I'd not without regrets bidding all hands
a. orfcia' good day. I made only one prom
SA-to DO my best-when l came in. and
e. m occasion for apology as I 60 out.
! ar proud Of the individual loyalty and
ne teamwork If the men composing the
G.aliza'I0n and content in knowing that
ts Brooklyn system IS OF good repUte and
4 a thoroughly healthy condition"
7 Is commonly expected that 7 F Cal
tsrwood wee president and general mana
igsr vii he chosen 10 succeed Mr.. Winter
L the presidency.