Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1886-11-16
HELD ny A wemaN's HAND.
mrs. Gseene's Power over y Railway
kystssn.

An Atlanta tGa.) special says There i
10 longer any doubt that General L. II.
Alexander Is IN the race for the presidency
n the Central rsIlfoad system. His friends
sre orguHIzed. determined. and conii1en'.
It. l. said that the block Of stock owned 10y
Ms. Greene, II New York. WI control tn
election tins wear. n II did when Genera
Alexander was beaten before.
\ curious story l. told about the control
~ THIS stork. Mrs. T.. II. Greene. the rich
IT woman IN America-peThsps the rio Nest
woman In the NOrld--Owus $500, 0eO worth
Of Central ruiroad stock. She is In the AZ.
iituie ~ q guerilla 50 TOR T. the warIins
factions are concerned. The HaOul-AleX.
ander fight two Years ago was 50 close that
Mira. Greene, with 5000 shares. held the
balance o. power and could name tbe presi-
dent Oyertures were made 10 her for The
power 10 vote the stock. At least, II i
said, Mr.. Raoul's friends paid Mrs. Greene
$4,000 in ca,h for the privilege OF voting
her stock at the January election. fhe
proxies thus bought elected Dir. Rloul and
defeated General Alexander.
II j. still further said, though perhaps on
less certain authority. that when the Greene
proxies were secured by Mr. Raoups party,
bets amounting 70 $4,000 were made with
p yromineut gentleman in Augusta who
vas friend OF General Alexander and
bo believed that Alexander would con-
troll ihe stock.
II is understood that Mrs. Greene's stock
holds the balance Of power in the present
light. She declines 10 sell the proxies OF
her stock. but wants 10 sell the stock itself.
She has priced II at l2j. The market price
Of the stock i about 100. II has ranged
from 90 TO los tor the past few months.
The $4,000 received 10y Nrs. Greene for
The proxies 81 her stock two years ago was
equal to a 3 per cent. dividend. II She can
force a sale now nj l25, or Sl2j,000 above
the market price Of the stock. IL would re-
present iis value a. voting factor In the
coming race. II il rumored that il has been
purchased II this price, though whether by
Eaoui or Alexander Is not known.
Among the points made against Mr..
Rsoul by those who are supporting General
Alexander is the charge that the road Is
run in the interest OF savannah, and not Of
savannah at large, but Of half dozen citi-
ZCns or 50. Another point IL that the
monthly earnings Of the road are not pub
iished under the RsOul regime. and
that the stockholders are thus I'M
swarc as to what the r0sd is really
doing, aud are unable TO properly
value their stock. The stock has been
forced down 10 sixty.fve cents during the
present year and Is now selling at 100.
Tic stockholders claim that il they were
kept acquainted with the monthly earnings
81 the company such fluctuations Of the
stock would not be possible, and that no
stakeholder would sacrifice his stock by
selling it In panic at q low price. Very
lively work msy be looked for from now
until The election, which occurs in January.
The feeling in Augusta il very strong for
| Alexander. and he h.s number OF friends
in every city in the State in which Central
stock i held. Raoul'S friends ar reported
10 De even more confident than General
| Alcx2ndcr's, and are disposed to deride the
! movement 10 turn Raoul out. The news
| that General T.. =. Alexander wa, squarely
| in the race for the presidency OF the Gen.
| trail road caused much comment in Atlanta.
In railroad circles II is believed and openly
asserted that General Alexander j. The
representative either Of the Louisville and
| Nashville or the Richmond and psnville.
Il y thought 10 be more probable that be Is
tie representative Of the former.