The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-16
GOULD
I'd STEP DOWN
k.tpl Of Missouri Pacific
| |nIlFsy Passes to Heavy FL
usncial Interests.
h PRESIDENT is NOT
YET PUBLICLY NAMED
|i,1 Be a Railroad Man Who
FH Eat, Drink and Sleep
OIL the job

,,.tsfeIler and kuhn-Loep inter
4, c.orps ]. Gould is shortly to re-
"a the presidency of the MIS-
Fp,sjfic railway company, a po-
!, which his father, Jay Gould,
q him eighteen years ago He
y succeeded by a railroad man.
1 II Oublicly named, who, TO quote
4 !. ;be new interests, will ''eat,
A nd sleep on the job. y
1, T,ould himself announced his
|,.,,-iug retirement, which will take
M as soon as his successor is
4, int that Mr.. Gould will become
--y Of the board does not alter
r,iOu generally held in financial
|-stsst todsy's developments mark
ysiDg OF the Gould influence, not
!, Missouri Pacific, but in other
~. with which the name Of
y tas for so many years been iden-
Contest Avoided.
|hscn foreshadowing the change
bssr current for weeks and more
=, 3,relopments indicated that a
-a contest was to he waged for
rsI Of the stock. Several confer
sprs held today and al their
|r.non, al time too late TO have
diet on today's market, the
satement was issued.
| ltlls not only of George Gould 8
hszing resignation as president,
ID 4 ihe intended simultaneous re-
zni Of the other members of the
Y lst,iop and family in the direc-
b This puts an end TO all prob
81 Of contest.
statemeut of Mr.. Gould.
= Gould. in his statement, said;
trllg 10 rumors OF a conflict for
tsii ~ the Missouri Pacific Rail
czpany. Mr.. Gould states that
t and will be no controversy be-
fn'Ioll!ng interests; that II has
va bis intention, known 10 Mr.
t's1sr and Messrs. Kuhn. Loeb &;
rsiire from the presidency OF the
az soon as the corpora ton could
lht services OF the best equipped
1sn 10 take his place; that the
me position was made many
aao. With the approval of his
ass 10 a railroad man Of the high
trins. who WAS unable 10 avail
OF IT, that ever ginco various
I'VE been under considera ton and
- and II Is hoped that 4 seicc-
~ y made IN the very near future.
N HocK represented and owned bV
-sits's menuoned will be voted al
~ meeting of the board: Frederick.
cornelius Vanderbilt. T.. r.
lSnl h. Warours of Kuhn, Loeb
hnedon Gould. Georsc Gould. G
-. representative I'm this country
uscue bank; j. j. Slocum, w.
ap' y. l.. Garrison Of st. Louis
ISahcy lelt for the president &c
I e,A,s' VINO Is To reside In ST, Louis,
" r. = slli become chairman OF the
v directors"
4 eliriog members of the board
\ .saIG Could. Charles s. Clark
y = rfyof. They wall be succeed,
faal VI; Warburg and Edgar L.
ana the president of the board
: giief Of the presidency of Tho
~ .aclllc was made 10 William
z saale, president of the Della
4sSawanna & Western railroad
Z seeKs ago, but declined Al
Q u became known that Mr.
bs;s bsSa retire as head Of The Mis-
w. n, M,,arbqrg, Marston and A dams
"a .ne places on the directorate
n howard Gould, S. e.. Clarke
i'yof' the latter two Of st
Interest in Successor.
n a sW.est n. centers about the Sc
4 n,,aa. M'' oould s successor and ru
I.,;; Ig, III Wall street this after
!: M sssda'lonsd several railroad mer
q lisi.,nn' n''n some Of the leadinl
Il EaIIs 'n systems. He will hav,
= ,rn unlimited powers and vii
nj p.gtfy chance to build tn,
M rssclhc up to the bipbas
4 |,or,a,,e ,eiiicicncy, What is n,
hn tbo tb'i ms successor will be a
ss,an, suu iogleal and strategic bas
Loeb & Co. and p,,i. G. co
4 1. SS.',SeosIy had financial Violation a ~
~ ianIu roads. as has also tn
: Z bsforsal OF Berlin, Germany. bu
!, .ied =, uaye these interests bee
= b. ~ ~ 'hs board Of any Goul,
, "a don, iae selection OF Mr.. Wa,
q s. =, ,aoabtless deemed adv;sahi
Heb nars NV prominence OF othc
rsr cat:trss-Otto II. Kahn an
4 rsriha, yI;nilf-in the affairs O
ttutst;ra, ,'hes. The selection o
= tie snns e of the Deutschc ban
Y y Aaal enhancement imnur,a a tlngc of al
.ss ss'sstlsd Stock Market.
ID.
sioeI rIaelfie was the feature @
~ u liz i'm market and its feveris
adyanooSS unsettled the genert
n La,e Ue'ore 81 tho end Of tbe dn
~ hin. "a = small fraction Of i,
~ 'asut - 7f0un5idlog in the stock agpr,
~ ezy's vyOo shares, or one.fift
Z li..oar, total "a operations. ms o"''i'''
siles, irpi,eiilc riaeiilc system takes
~ souri pans;,sguing 3SS3 miles {
q! e: and its's, it, 1o, Iron Mountain
Xk eopisdn,ale, with 259s miles +,
lie'rGiled w;,S lines, and the Wes
81 ,. Gow~lIdi wIih 927 miles. u Thous mus
Y q yeayss yUsid has been presiJrI J
d ~ ''''s' he seldom visited steS'ofI Fl