The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-01-09
new YORK Hears
ABOUT GOULD Wl
SAYS YOUNG FRANK TAKES sOCIAH
DIFFERENCES INTO WALL
STREET. N
EMPLOYS PRESS AGENT
HOWEVER, W. ELMORE SEAL, Or
RICHMOND, SAYS THAT -
Il
STORY ~ WITHOUT
FOUNDATION,

i The New York Herald OF yesterday
contains a story to the effect that
Frank Gould has declared war In
Wall Street on the rest OF the FAM
lily. However w. Gilmore Seal.
well known Richmond business man.
who Is mentioned az the puotictey
agent for Mr.. Gould. denies the story
in toto ana last night sent the fol-8
lowing telegram to the tirxntan:
New York. jan .. ASA3.
Richmond Vtrginian. Richmond. VA:
NO truth In Herald stories Of this
morning of Gould hgnt. Without any
sfounaation Whatever.
tSikned) SEAL.
tonowing Is the story as printed
In the Herald:
Differences have arisen between the
eldest and the youngest OF the Gould
brothers which threaten to disturb
the harmony OF family relations that
has prevailed for SO long In the Gould
railroad properties.
Frank ]. Gould has assumed an
attitude OF open hostility against
George j. Gould and now not only
engaged in an active campaign AGAINST
him In the financial district. but L.
seeking to wrest from his brother the
latter's supremacy in managing the
family estate.
After having had himself made
chairman of the International and
Great Northern Railway and deposing
hts brother George president. Frank
J. Gould announces that II is no
longer to be classed as the Gould
property" since 1t Is owned and cone
trolled by himself and not by his
brothers.
After trying to elect his banker. r.
Lancaster Williams of Baltimore. to
the Missouri Pacific board. Frank !.
Gould caused turmoil in the manage
ment of the st. Louis Seuthwe stern
Railroad by buying large interest In
the property, and conducting cam.
paign against the controlling powers.
which last week caused the retire.
ment of Howard Gould.
Frank J. Gould's latest move has
been to open a publicity campaign In
the Wall Street district, having ems
gagged the services of w. e. Steel.
OF Richmond, Va. a publicity agent,
at Nn.l41 Broadway. In the further
ance OF his plans, and Is now eppoa-
Ing HIS brother George. in the Wabash
Railroad and other corporations.
Friends OF Families Distressed.
Friends of the Gould family are
much distressed over the turn of af-z
fairs. An acquaintance of George u.
Gould said yesterday:
Tho conditions are very unfortn..
nate. but We hope In the course Of
time to persuade Frank to view mat
tiers in different light, and desiss
from his ANITA 1pnism 20 his brother. -
| II was asserted yesterday thar ti1e
attitude OF the youngest Of the Could
brothers II due TO resentment caused
by the attitude taken by the women
members Of the Gould family toward
himself and his wife. Mr.. Could
married Miss Edith Kelly. an actress.
in 1910. and soon his former wife
remarked.
The two children by the first MARI
rage. Helen and Dorothy, were then
taken in charge by Miss Helen n.
Gould. who is caring for them at her
estate In Irvington. The women meme
beers of the family have made their
dfspleaSure felt In IL social way, and
this II said to -harc-causcd- deep -exns-
bitterment in the family circles.
With the old Gould instinct, Frank
J. Gould has transferred the con-
test to the financial field. and in Wall
street the outcome Of affairs Is awaits
ed with interest, as 1t Is not known
what course the next hostinties mag
take.
Through Mr.. Seal, his publicity
man. MIR. Gould has just issued ~
statement OF earnings of the Inter-
national and Great Northern railroad
with the added announcements:
The International and GreAt
Northern II not o. Gould property. H.
Il owned and controlled by frank u
Could"
/ Takes His Brothers Place.
Geodge J. Gould formerly WA
president of this road. but In the res
cent reorganization his brother ousteds
MIN and now preSides over the meets
ings OF the road.
1t was at about the same time that
Frank J. Gould bought IA large block
Of stock in the st. Louis Southwest
| ern, known as thu Cotton Belt road
| Through the barking house OF Md
dendorf. Williams & Company. ~
Baltimore. he issued . circular Aalksx
! ing for proxies at the meeting 10 ~
held on the plea that the minority
interests should be represented on IT,
board. There was a stormy scene ~
the annual meeting In 81. LouiA 13sg
forts being made to elect r. LAu
caster Williams and George F. TaNS
Tor a. Franks representatives.. -
Dust Wlnslow 8. Pierce and othGys
representatives OF George J. Goul&
The attempt failed. but FrAnlfB
Influence is accredited with the selo6xl
ton last week of A. ]. Hemph1)&S|
president Of the Guaranty 1ru1
Company, az director and rnAmHtE
t or the executive committee. IN :
of Howard Gould. q
Friends of George J. Could IT,
that the attitude OF his brother
unfortunate, since the wabash -
two Of its affiliated roads are In fl
hands of receivers and under901G
| the throeS OF q Reorganization q
may result In the loss ox thos6 49,
critics to the Gould family. ~ 80
George j. Edwin. Howard 11
ffeten Gould arc the feuF executoFG
their fathers estate. George. ~
inherited the lions share Of
property. having added powers
RI nzanAEsx of tho, fortune