Rensselaer Journal, Volume 10, Number 51, Rensselaer, Jasper County, 30 May 1901 — To Receive $100,000 Salary. [ARTICLE]

To Receive $100,000 Salary.

Reports are current in Wall street, New York, that the salary of President Callaway of the new locomotive combination will be SIOO,OOO a year. In addition, it is said, he will receive $500,000 of the stock. At a conference of Messrs. Vanderbilt, Twombly and Carrett today Mr. Callaway’s successor as president of the New York Central was discussed. No information as to the result of the conference could be obtained.