“ Woldemer Nissen, the President of the company, whose office is in Hamburg. It was then announced that the resignation of Mr. Schurz as Director of the line and that of Messrs. C. B. Richard & Co. as passenger agents had been tendered and accepted, to go into effect Jan. 1, 1892.
It was subsequently learned that both resignations had been handed in last April, and that the company had expressed much regret in accepting them. The reason assigned by Mr. Schurz for severing his relations with the company is given as a desire to retire from active business life. ”