Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1882-04-06
RAILROAD NEWS.

Cincinnati Enquirer, yesterday: From
street rumors, it can be inferred that there
may be room for additional speculation
relative to the probable future Of General
Manager Caldwell, who will on the LIST of
May, retire from the service of the Penn
sylvania Road. Rumor has had it for some
DAYS that he was to become president of the
I" Nickel-Plated, with his jurisdiction ex-
tended to the Ohio Central He may
be made president of the nickel
Plated" There is nothing to warrant the
belief that he will not, yet there is nothing
certain that he will be. 1t will be remem-
bered that the Seney syndicate, which is at
the head of the Nickel Plated" Road, is
also the controlling financial spirit of the
East Tennessee, Virginia and Georgia sys-
term. E. w. Cole, president of the East
Tennessee, Virginia and Georgia. is in good
health. Some six months ago he expressed
desire to take rest for few years, indi-
eating that he would like to travel through
Europe during the term of his absence.
The company expressed a willingness to
accommodate his wish, believing it
would be both to his and the
company's benefit to grant him the desired
leave of absence, with hopes that he might
regain his former physical condition. Presi-
dent Cole would have rendered his resigna-
found proper person to fill the position
Information reached the ears of an Enquirer
reporter yesterday, which is to the effect
that MIR. Caldwell will be rendered the presi-
dency of the East Tennessee, Virginia and
Georgia Railroad instead of the ''Nickel-
Plated" Colonel Cole is one of the &C
Enowledged railroad managers in the
United States as is also Mr. Caldwell Con-
sequently what the road will lose in the re-
tirement of Mr. Cole will be made up by
the appointment of Mr. Caldwell. This is
not given as fact, but only as rumor
yet there are reasons to believe that such
may be the case.
PROPOSED CONSOLIDATION
At meeting of the board of directors of
the Memphis and Charleston Railroad, held
this afternoon, the plan for a consolidation
with the East Tennessee, Virginia and
Georgia Railroad was favored, and the
stockholders have been called to meet the
22d of June, to confirm the proposed con-
solidation.
TENNESSEE AND sEoUAroHEE VALLEY RAIL
ROAD.
Chattanooga Times: Work has been re
sumed in real earnest on the Tennessee and
and Sequatchee Valley Railroad, and $50
men are now employed. The force is at
present engaged between Spring City and
Gum Gap, and will finish the track and pre-
pare it for the engine by Saturday. Capt.
Gates will commence work on the Gum
Gap bridge on Monday. 1t will be 500
to the coal mines is eight miles. The track
is partially graded between the gap and the
mines, but considerable work is yet neces-
sary-suficient to consume two months.
A trestie 200 feet in length must yet be
built on this section. The road can hardly
be finished to the mines before August l.
The distance from Spring City to the mines
is eleven miles, AS soon as this stem is
completed work will commence on the road
to extend from Spring City to the river.
This road will be six miles in length.
BRisToL's NEW DEPOT.
Bristol Reporter: The new freight depot |
at this place, one of the finest in the South, |
to be used by the Norfolk and Western and |
the East Tennessee, Virginia and Georgia |
Railroads, which are now under one man
agement, is completed and will be occupied
to day. The work of demolishiRg the old |
depot will be commenced this evening Mr.
Chas. E. Finch, who has for several years
past been the agent of the Norfolk and
Western, formerly A M. & o. e. R., has
been appointed agent for the consolidated
inc at this place, a complement to his eff
,iency well deserved. The new arrange
nent displaces Capt. s. Y. B. Williams, the
agent of the Tennessee Road; G.
W. Weaver, yard master; Clarence NJ
Frost, clerk in the depot; N. B. Hayes,
on the Tennessee division
md Jno. Horner, an employee on the Vir
sinia yard. The Western Union telegraph
'fhce will be moved to one of the rooms in
he passenger depot Two additional tracks
rom the Virginia to the Tennessee yard are
being constructed. A great number of
hands are at work on the yards, and the
changes thereon in the next few days will
)e considerable.