Savannah morning news. [volume] (Savannah) 1868-1887, 1886-12-02
CENTRAL'S BIG DIVIDEND
FOUR PER CENT. on THE LAST
FIX MONTHS EARNINGS.

Sen. AlexandeT's Friends Demand
List OF the Stocs hoiders-rhe III
rectors Refuse TO Furnish 1t, ADd =
Legal Fight tn Prospect-Gen. Alexau-
der fn the Ctty-What Re says About
His Candidacy-COuferenc Of His
Friends.
The Central railroad directors declared
per cent. dividend yesterday on the
earnings Of the road for the past six
months. payable or and after Dec. 90.
There has been good deal of speculs-
ton during the past week as to what the
dividend would be. The general i'm
preston was that 1t would not be over 3J1
per cent. at the most, and those who have
been watching events closely said that
they would he satisfied with 3 per cent.
A GENERAL SURPRISE.
The announcement OF 4 per cent.
S~vdend was surprise to everybody.
The earnings OF the road since Sept.
show an increase OF 100000 over the cor
responding months last year. The m ar
ket was not affected by the aunoun &C.
ment. and the stock remained trm.
Gen. Alexander arrived here from At
Ianta Yesterday morning. He was warm.
~ welcomed by mis- friends aud spent
most OF the day in conference with those
who are backing him in the fight for the
Presidency.
TIE STOCKHOLDERS LIST.
One OF the objects OF his visit just at
this time is 10 look after the contest that
has been begun over the stOckholder 8
list.
a formal demand was made last week
on the part of a number of Savannah
OF
A. l.. Rartrldge, Capt. Henry Blum, DR..
j. b. Rad aud others, acting in Gen.
AleEander's interest. for list
Of the stockholders I'm the
com pany. The object as stated was that
the petitioners might know who are their
co-partners ia the property. the matter
was referred 10 the directors and WAS
acted upon yesterday. They declined to
accede to the demand. stating that in the
opinion Of the board a majority OF the
stockholders do not desire the list pub
lshed.
ACTION OF THE DIRECTORS.
The petitioners were at once notified OF
the action OF the directors, and Gen. Alex
ander stated last night that the matter
had been placed in the hands OF attorneys
and tnat legal Proceedings will be insti-
tuted at once to compel the company TO
open It's books for inspection.
IN THE FIGHT TO STAY.
- am in the fight" he said, land am
in to STAY"
Gen. Alexander went on to say that
the issue between himself and Capt.
Roaul IS not whether The management Of
the road shall he Georgia management
or New York management, nut
whether or not II shall be managed in the
Interests Of he stockholders.
My position" he said, sis fully ex-
planned in nv letter which was published
IN the MORNING News last Eek. went
into tn fght reiuctlantly, at the solicita-
tioD Of my friends, but now that am in
propose 10 stay. The issue involved is
one OF management policy. A MAJOR
lty OF the stockholders understand nv
position and the issue remains Tor them to
decide"
GEN. ALEXAEDER's FRIENDS.
Gen. Alexander said that the 1 per
cent. dividend " as a surprise 10 MIN, as
u doubtless was to many others. II be-
heVes, though, that the road can be made
10 ay mucD larger dividend sui. GAn.
Alexander Will remain IN the city several
days. A conference of his friends was
held at the Screven House las night.
Pat Calhoun, Esq, DR.. West, Of Augusta,
and a number Of others were present, ana
the situation was thoroughly discussed.