Show FIGHT TO CONTROL WELLS MELiS FARGO it CO GO Stockholders Believe Management Management Management Manage Manage- ment Holds Out Large Earnings WANT LARGER DIVIDENDS Walter n Iter C. C Stokes Soko Lender Leader of Insurgents Says 1 s 's Company KUTIK Enough h to la Pay Si Sixteen Per Cent New York Aug S. S The So-The The annual meeting of Wells Volis s ol Fargo Co which is to be he held at 10 o'clock Thursday In iii the thc offices of that thal corporation promises to be bo one of oC the most exciting excitIng ing and at nt tho lie same time Important meetings that lint has been held b by a rich corporation excluding tho lie organizations luring during the last five e years ears A fight light for control of oC the tho compan company com coin pan pany the lie first in Jn its existence Is tobe to tobe tobe be made and antl on it hinges lIn cs the tue dIstribution thou Jon of a surplus which is alleged to tobe tobe tobe be very large For FOI years calS certain stockholders of oC V the he Wells Fargo company have haye complained com coni- that lint the lie affairs of oC that C cur cpr I oration were run more for tho the benefit if of certain Insiders than for fOI the stockholders stockholders stock stock- holders generally The rhe ap assertion has haq been freely made that figures have been juggled so 50 that lint tho they did not show at al a casual glance the lie enormous surplus which Is to the tile credit of the lie Fargo Wells company and ancI which certain tam tain stockholders believe should he be paid out to the shareholders of record either cither In iii added dividends or legal grants glants Trouble Megan Bean Lat IVis Spring iii This agitation had its culmination last ast spring when Walter C C. Stokes Co of or this city began a n campaign to secure secue proxies of or stockholders holdel's to overturn over- over urn turn the present directorate of the Fargo Yells corpora corporation l They hi Cy have I kept ept this up tip until toda today when they sent out their last circular to about HiU stockholders of or the company who reside or 01 have ha their place of business In iii n New ew York and vicinity These men were reported to have given gl proxies to o the lie present Wells Fargo management manage manage- ment mont and antl all are asked ed to either revoke re re- yoke voke e these proxies s or to be present at It the lie meeting to vote voto In person on all nil questions that may arl arise p Walter C C. Stokes StokeR was seen In his this evening by hy a l representative of or the Publishers Publishers' Press association and ancI asked what the lie Intentions were vere of oC his firm bis-firm firm firm in regard to ii the meeting lie said Sut It a PJ light Fight ht So far as ns we are arc concerned we have lave not nut been n lighting fighting personally the lie resent plesent present management but hut rather have been jeen conducting a campaign to lo have havethe he the stockholders secure J benefits that lint will ihl bo be more mOIe than nominal from froni their holdings AVo Vo 0 want a n. substantial In Increase increase In- In crease clease in iii the dividends and we know I po positively Il el that the lie Fargo Wells com com- lany Is earning enough money to Pil pay at I n. n per Ier er cent edit on Us Its stock Mr Stol Stokes declined to state who will b bo be on the ticket that will be he pro pro- Ilo hosed etl by his party for fOI the directorate jut but In financial Circles It is rumored that the lie ticket will be headed by hy Colonel Colonel Col Col- onel oriel Dudley Evans the president of oC if the lie Fargo Wells company and H. H P P. Paa Parsons arsons onH vice president and find secretary The Tue remainder o of the men will be be substantial sub sul- financiers who favor avor Increased ii dividends i v I d ends Management anI JI Is Confident The rue Y Wells Fargo company's inc mc-el- Ings In the past have had an average meet j attendance of half a n dozen stockholders ers s. but there here will ill be ho between ISO and ancl present at tomorrows tomorrow's meeting ItIs It ItIs itis Is understood that lint William Nelson Cromwell of Panama canal fame fanie will act as lS counsel for the lie Yells I Wells Fargo argo company at the meeting while the n fighting stockholders holders will be looked after by Samuel During the lie la last l two weeks s there thore has been heen a 11 considerable number r of oC revocations rc of oC proxies on both hoth Si sides S and It Is Impossible Im mi- possible tonight to forecast the lie outcome outcome out out- come of or the lie light tight althou although h the lie pres ores present present ent eat management of oC the Wells Fargo ell company is supremely confident V that lint Its past policy polley will not hot only be he indorsed ed 01 el but will be continued |