| Show RiSE COMMENTED ON IN MEET WAll STREET New York Financial Pa Paper er erT T Tells eIs of the Promotion of Local Loca Man in the Railroad World The Tlc election electon of or T. T M. M I. I Schumacher formerly for tor- merly mell of or this cf city to the le directorate and the time chairmanship of oC the board bard and to executive e c of or the Chicago o Rock Island Pacific railroad news of ot which was printed In Salt Lake Lako exclusively In InTHIS THIS flU TELEGRAM on the day of oC his election election elec doe tion Is commented upon In detail by bythe bythe bythe the Will Wall I Street Journal latest Issue to reach this city says SS S'S that lint Mr lr Schumacher thus becomes tho the chief executive ex ox- of or the company The Journal says as a's At Al the same time tho the Reid Moore In crests cease ceo to bo be the dominant Inter Inter- ests este In the property the tue po position or of predominance predominance pre pre- dominance passing to the men associated aled with wih tho the Phelps Dodge Co business busi busi- ness ness noes namely Arthur Curtiss James James Mc McLean an and T. T M. M 1 Schumacher The following statement was Issued after the tho meeting of or the directors tor ater te At the meeting of the board bard of director directors di directors di- di rectors rector of or the Chicago Hock Island nd Pacific Railway company compan T T. M M. 1 Schumacher hu- hu macher was Wa elected a n director and the following were wore elected members of o the executive committee W sv Y H. H I Moore D. D G. G Reid T. T M. M Schumacher Arthur C. C James H. H U. U Mudge James McLean J F. F I L. L I. I Hine Edwad Edward Ed Ed- ward aid wad S. S Moore At D. D G. G Reids Reid's request T. T M. M 1 Schumacher Schumacher macher was elected chairman of the thc board boar of or directors At V. V W. W II 1 Moores Moore's request T. T M. M 1 Schumacher was elected chai chairman man of or time the executive committee I Mr Ir Schumacher will wi give se his hiM entire entro time and attention to 10 the time affairs of ot the coman company and will wi spend the tho Kr greater ater part of ot his time in 1 the tho west Mr Ir Schumacher Is well weB and favorably known In western railroad circles as well eli wel as b by New York financial Interest H I U. U Mudge was elected d president J. J E. E 1 Gorman first vice president A. A C. C I a RIdgway second vice fee president John Sebastan Sebastian third vice Ice president Edward S. S Moore vice president George H. H I Crosby Crosb secretary and treasurer J. J J. J I Quinlan assistant secretary and as assistant assistant assist assist- ant treasurer There Is no change chanc whatever In the control of ur tIme the Rock Hock Island and its Is sub sub- subsidiary lines linen nor In the tho cordial relations rela reJa- ions that have existed between tho the dominant Interest interests In these properties Mr Schumacher luce succeeded W. W V. V T T. the time board Graham on railway T. T M. M 1 Schumacher huts has been elected a director of or the Rock flock Island company succeeding James Dl Douglas las and has been elected chairman of or the tIme board oard succeeding succeed succeed- In ing D. D G. G Reid Orl Officers erl of ot the time Rock Hock Island bland company compa ny were reelected rc The election electon of or T. T M. M r Schumacher and James McLean loI en to the time executive committee commit commit- te tee of ot the Chicago Rock Island t Pa Pacific PacIfic Pa- Pa clUe railway Increases that committee to eight Ight members member as against seven fC en hereto hereto- fore James H. H 1 retiring from the tho committee That makes three inen nen connected con comm on- on with wih the thc Phelps Dodge Phelps Doge businesses on th the lit executive o committee e Arthur Curisa Curts' Curts Cur- Cur ts' ts isa James already alread a member I Retirement of James Douglas president d dent nt of o Phelps Dodge Dorf A- A Co from the directorate of or Rock noce Island comp company n to tomake tomake tomake make way a for Mr Ir Schumacher lea leaves S the number of the time Dods Dot Interests so eo called on that hoard board unchanged Although h Mr Ire Schumacher 11 hiss lun b been cn hl Identified with the time Phelps Dod DorJe o Interests Inter inter- eats ests the latter point point out th that t Mr tr Schumacher I macher I Is b bv by no means to In be considered a ax as representing Phelps DO Dodge e t Co In Thick Rock Island Iland He lie Js Ja going on the the executive I tive tle committee ns as representative fecu- fecu of ot all Interests Interest The TIme men on th thoard time the board oard Ir are aro alt also o emphatic emphatic- In as that thc they are going to act on behalf of all ni Int Interests concern and not as representing rep rep- oel resenting Dodge Dge Co t |
