Evening journal., 1914-12-03
Directors AGAIN
WIN BOARD PLACES
/. L. & D. Co. Shareholders
Stand By Three Old
Officials
TO EXAMINE
COMPANY BOOKS

The administration forces won out
yesterday at the annual meeting OF
the shareholders of the International
Lumber and Development Company,
succeeding in electing three directors,
whose terms had expired. A resolution
was also adopted endorsing the work OF
the directors
Rear Admiral William Nelson Little,
who led the attack on the administra-
tion forces, failed of election as a di-
rector. The election of directors re-
suited as follows:
+. G.. Van Neyan, of Detroit, Mich,
2,25T votes; DR.. Riddle Goile, of Brook
lyn, n. y, 2233 votes: Il. S. Anders, of
Lansdale, Pa, 1885 votes; Rear Ad'
miral William Nelson Little, of Quincy,
Mass, $50 votes, and W. Mac Bond, OF
Baltimore, Md, l2 votes. The first three
men, who are retiring directors, were
declared elected.
The shareholders unanimously adopted
resolution which, after reviewing the
work of the board of directors, conclud-
ed as follows:
Resolved, That we unanimously APP
prove and endorse the administration
Of the affairs of the company for the
past year, and extend to the board OF
directors our sympathy, cooperation
and entire confidence for the coming
year.
The resolution was presented and
signed by r. O. Payne of Union Level,
Va, J. A. Ballinger OF Molica Hill, n.
j.; Eugene X. Acker of Media, Pa, and
A. II. Casscl of Norristown, Pa.
The greater part of the afternoon ses-
sion was taken up hy the committee on
proxies TO see If there was a quorum
present. There are 1900 shareholders
and it was necessary to have 2,223 rep
resented, either in person or by proxy
The question was raised that some ol
the proxies did not bear war stamI
and the directors decided TO aiiix stamps
to all so that these proxies could bc
considered aud a quorum secured.
Five of the promoters of the com
pany we're convicted three years age
and sentenced to varying terms. They
have so far avoided jail appeals. the
last of which was filed November p
in the United States Supreme Court
| The convicted men are John r. Mark
| ley, Isaiah B. Miller. Charles Nj. Nc
/ Mahon, William II. Armstrong, Jr
and Col. A. G. Stewart
II A. j. Hyland. of Wilmington. create
stir by saying that If the sharehold
ers could be sure that the men VIII
are under indictment we're out of IN
concern. they. the shareholders, woull
have more confidence in those tha
now control He remarked that III
had all confidence in Olin Brian, o
Philadelphia. general counsel for thu
company, and if he wonld say the di
rectors we're all right, he would taxi
/ his word.
j. r. Mack. Of Philadelphia, ther
made a motion that the shareholder
appoint a committee of five from theii
number. to go TO Philadelphia TO ex
anime the books of the company. Thl
motion was amended to require thi
committee TO ascertain the reputation
of each director in his home town ant
report back TO the shareholders.
Admiral Little thought little woul'
be gained by such move. Mr. Hylan'
also spoke in opposition 20 II and OF
I Ol " OA HlinAtA
phia, the resolution was tabled.
Alfred S. Wright, of Philadelphia
suggested that the charter he revise'
so that each stockholder should b
entitled to vote according TO the mum
Der of shares he holds. Each stock
holders has only one vote at present
No action was taken on his sugges
tion.
President f. W. Schreiber. of Phil
adelphia. reported that a new OF
burning engine had been installed ol
the property of the company in Mex
leo in place Of the wood-burning one
which had necessitated a force of tel
woodchoppers to keep 1t in fuel.
will now be possible to run thre
mills instead of one. II is hoped b
put 500 men at work The work ha
been retarded for some time becaus
the Mexican rebels had taken OFF III
workmen and the governor of Cam
pechi had therefore forced the com
pany to stop hiring such larg
force.
The board Of directors will not re
organize until the arrival from Mex
leo of General Manager Harvey L
Narrigan. who had expected to b
here for the annual meeting but sen
a cablegram that he was unable I
get a boat until December 5.