Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-02-19
NEW STREET RAILWAY co.

w Il
Return of M.ssrs. Clark and Oppenheim-
What thoy say abous their New Purchase
No Definite Plans vet Determined
Upon.
Mr.. T. B. Clark the new president of the
newly organized St. Paul Street Railway
Company, and Mr.. Ansel Oppenheim
one of the stockholders in the same, and
crowding business man, returned from
New York yesterday afternoon, where
they have been for several days engaged in
completing, the formalites of the transfer
of the new purchases of the stock. Both
these gentlemen were found last evening
at the Metropolitan, and as matter OF
course were Intercepted as to the pur-
chase and the plans they had in view for
the future. Their plans have not been so
far matured and d1gested that they can
be given in much detail. Pretty much
all that can be said in regard to the mat
ter is that the road is in the hands of five
men who may be set down as being in the
front rank of business men, with just the
kind of experience and business Qualif-
cations that fit them specially fol-
the management of such an enterprise.
1t is doubtful if five men more capable
and suitable could be found in the north
west.
WHO THEY ARE.
The stockholders are Ansel Open
helm, Hermann Greve, F. B. Clark and
w. r. Merriam, of St. Paul, and Thomas
Lowry, Of Minneapolis. These gentle
men have purchased the road, together
with all its franchises, and now own it
in equal shares
Messrs. Clark and Oppenheim declined
it has already been stated that
it is 100000 If this is the price; and it
is probable that tits, each one of these
gentlemen is interested to the amount of
$4,000.
THE OFFICERS,
While in New York the company was
reorganized by the directors Of the old
company resigning, one at at time, and
the new purchasers being elected in the
same way, one at time, so that the
board of directors now consists of the
three gentlemen mentioned above as the
owners of the road These directors
elected the following officers: President,
F. B. Clark; vice president, Hermann
Greve; secretary and treasurer, w. r.
Merriam.
WHAT THEY PROPOSE TO DO.
What these gentlemen propose to do
with this valuable property, now that
oh tosx Obj
sion of it, Is the question that interests
everybody, and yet it is impossible to give
anything but a general answer, and that
is, that it will be managed in business
way and for the benefit of the public,
with view of rendering the road popu-
lar and remunerative to the proprietors.
This is as far as the ideas of
the owners extend at presents Just
what they will do with it to render it
popular and remunerative cannot be
stated now, as two of the directors are
away. Mr.. Lowry, who is now in the
east, and Mr.. Merriam, who is in the
the south. In the course of few weeks
these two gentlemen will return, when a
meeting of the board of directors will
be held, and the future plans, to degree,
at least, be determined upon. A few
things it is safe to say, will be done. They
will improve the road in many respects,
and make it a first class institution. The
lines will be extended in such directions,
and to such lengths, as the public travel
and the public wants render il desirable
that they should be extended The road
will be newly equipped and put into
first-class condition. The management
has already contracted for ten new first
class cars, with the privilege of fifteen
more. These cars are to be delivered
here by the first of May. Arrangements
are also being made for the purchase of
fifty head of horses. The management
will also locate barn for their horses and
cars at the end of each line IN
addition to the one now IN use on st.
Peter, Fourth and Fifth streets. There
are two reasons for this change. First,
the new propr!etors think this safer IN
case OF fire. AS they express it they do
not want all their eggs In one basket.
Second, they think this plan more eco
nomical and better. They argue that
IN the morning the cars start from the
center Of the lines and radiate to the ex-
tremities just at time when people de-
sire to be brought into town, and just
when the cars ought to start from
the ends Of the lines to bring
people in. Again when there are balls,
concerts or operas in town and the cars
go out heavily loaded with people, they
will not haXe to come back several miles
from the end of the different lines empty
but when they have delivered their pas
sengers along the route their horses and
cars can be put up at the end Of the
route, where they will be ready again in
the morning,
IN CONCLUSION
it may be said that the gentlemen who
own the road have ample means at COM
mand for all improvements that may be
deemed desirable, and besides this they
have desire to make the road success.
1t is fortunate that it has fallen into such
good hands, and the people of st. Paul
can look forward with confidence to the
result
INSGRUCTING THE POLICE.