New-York tribune., 1911-02-15
MISSOURI PACIFIC THE
STAKE OF BIG CONTEST
co,,Ids Said to Have Lost Sup
mort of John D. Rockefeller
10 Kuhn. Loeb & Co.
nth SIDES AFTER PROXIES
pr,chsses of Stock in Prepa1a
ton for Annual Meeting
Boost Price 13 Points
in Month.

in Month.
prr,ors Of a contest for control OF the
,n..ouri Pacific Railway Company at
.h. annual meeting TO be held on March
:. Gained wide currency yesterday in the
s-o,c,al district. these reports having
,hst the Kuhn, Loeb g. Co. interests
~. taking steps 10 terminate the con-
-, so long exerted by the Goulds, and
.s., John D. Rockefeller had decided to
,,.rsfer his support from the Could
.,,arement 20 the bankers.
From 81. Louis came a statement that
.,.orneys representing 1.-The Standard on
.a1 Kuhn-Loeb interests had MADE
I,rr,al demand for an inspection OF the
u books of the corporation, the prin-
s,sl office of which is in that CITY, the
+,,,cants saving that they desired the
,os and addresses OF all the stock
'.,sors with the object Of obtaining
.,.ir rroyies for use at the coming cleo
ton
:, This city. il was learned. representa-
.,ss Of the management have been at
,ork within the last day or so III the
roi1 street district personally soliciting
oroxies FOR use at the annual meeting
On unusual procedure, which was taken
.s lending 70 confirm the reports OF d
,o,,es, since ordinarily the manage
,,,n, of = corporation merely sends out
formal call for proxies.
Missouri Pacific stock. which has oeeh
,,rorq and active for the last week. ad-
,,nced three points yesterday 70 oo' Oh
..,.s Of abou, $4,000 shares. and closed
:. COX. net gain Of 2's for the day'
,b,t prcc showing on advance OF more
,,,n IS roints I'm a month. and the as
,nr,,,ion was made in some quarters
,h,, mich Of the buying was for account
=, interests dcsirous OF increasing their
holdings in preparation for the annual
meeting.
Fynors DEFY Denisls
ro- several weeks il has been COM
monty rerorted IN Wall street mat
George J. Gould in all probability would
,st,re from the Missouri Pacific presi-
dency next month although Mr.. Gould
himself said q month ago that he hadn't
heard NJ II. and since then it has been
yariously rumored that the office ned
becn offered 20 President Truesdale OF
The Iackawarna. who had declined IT,
and 70 Edwin V. Winter, who recently
resigned as head Of the Brooklyn Rapi"
Transit Companr. and who, like Mr.
Truesdale. has had much experience IN
Western railroad operation.
Il has also been said that Edwin Haw-
10y might become head Of the Missouri
pacific. tolliug over the Kuhn-Loeb
stockho.Gings and having the sanction
and support Of Mr. Gould. who. however.
would not part with his holdings in the
property.
Tho Missouri Pacific stock held by
Kuhn. Loeb d Co. or the bulk Of it, is
the heavy block that was taken by the
firm last July from the Pearson-Far-
ouhar Interests. when they also acquired
the latter's holdings Of Lehigh Valley.
Rock Island and Wabash. The Rock
Island stock has since then been sold
to the Phelps Dodge group, but the
other blocks are believed TO be still in
possession Of tho bankers. As to the
Missouri Pacific shares. which have been
held by Kuhn. Loeb & Co in escrow. il
has been reported that they have re-
Gently been released and turned over to
the bankers as their own property. This
report. IL is understood. is incorrect;
but under the arrangement by which the
stock is held Ia escrow the banking firm
although they would be unable to dis
pose Of any Of il. as il has also been
lately rumored they had done, could vote
II al Tho annual meeting OF the com
psny.
At the time of the transfer % the
Ftarson-Farquhar holdings last sum
iaer this statement was made from an
authoritative source:
The holdings have potentialities
lhty could not effect control of lie,
ilgh VALLEY, Jut they might eventually
mcduco a dominant voice i'm Rock Isl
and and combined with other interest!
10 N1bash and Missouri Pacific nigh
Chahsc those roads. and particularly th'
you'd Pacific Coast extensions int
aose allies of the Union Pacific. Blu
no Plan whatever in any Of these direc
IONS is contemplated"
Gould Hartman Break.
IL was ihe plan for the building Of tn
western Pacific a number OF years ag
which caused the break between Georg
D. Gould and the late T.. II. Hartman
Who took as g1 act Of hostility th
Hoject " extending tine Misso iri Yacih
system from it's terminus at salt LAX
'lty 20 the Pacific Coast at Oakland
Gosc 10 San Francisco. the western ter
minus of the Hartman system. true
vas mad before MIR. Hartman deau
shd since the completion Of me Wester
Fscihc it has been operated I'm friendi
relations with ;he Uripu Pacific system
Vhly few days ago 1t was ann ounce
nom San Francis - that an arr1nSem"h
"ad been made for a general intsr-hdhs
VI Passenger business between the Sou'n
en- Pacif. and he Western Pacific.
The Denver g. Rio Grande Railroa
company owns two-thirds OF the stoc
u the Western Pacific, and the Missoui
facifc owns about 80 per cent OF TN
e'ock Of M" Denver & Rio Grande' III