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Show REIN STOCK, IT i LOm CONTROL Goulds Retire From Management Manage-ment of Manhattan Railroad; Rail-road; Rockefellers Step In. NEW YORK, Xov. 12. Georpe .T. Gould, for twenty years president of the Manhattan Railroad company, whlcti operates Now York's elevated system, retired today In favor of Edgar li. Mars-ton. Mars-ton. Mr, Gould continues, however, as a director and ono of the chief stockholders. stockhold-ers. John D. Rockefeller, Jr., representing the holdings of tho Rockefeller lamlly and the Unlvonslty of Chicago, waa elected a director. Several other new directors woro chosen to represent the intercuts of Rockefeller institutions owning own-ing stock in tho company, including tho Rockefeller foundation and the Rocko-fcllor Rocko-fcllor Institute of Medical Research. Frank Gould nnd Howard Gould were among those who retired from the board to make placos for the Rockefeller representatives. repre-sentatives. It was uald, however, that there had been no chango iu the holdings of tho Gould estate. In explanation of tho resignation of George J. Gould as president, it was announced that "Air. Gould was anxious to bo relioved of that responalbllity," and that ilr, Marston had been chosen his successor because tho general education edu-cation board held tho largest stock interest in-terest In the company out'sido of that of Messrs, Gould and Rockefeller. Mr. Marston, a banker 1b chairman of tho general education board's finance committee. com-mittee. Some timo ago the Goulds retired from the control of tho illBsourl Pacific railroad rail-road and the Western Union Telegraph company. |