The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1886-07-15
The Huntington System.

A special to the Cincinnati Commercial
Gazette dated New ork, June 26th, says
1.-The lease of the Chesapeake and Ohio
to the Viewpoints News and Mississippi
Valley is only preparatory to merger OF |
the Eastern system to the Transcontlnen-
tai route controlled by MessrS. Hunting
ton, Stanford, and Croker. 1t provides
for the working of the system il harmony
with the Huntington roads east Of the
Mississippi. The organization Of the New
port News and Mississippi Valley Com
pany is almost exactly the same as that OF
the Southern Pacific, which has acquired
by purchase of stock the control of all the
lines west of the Mississippi heretofore
identified with Huntington and Stanford
The operating company had already &C.
quired the lease of the Chesapeake and
Ohio. the Chesapeake and Southwestern,
and the Elizabethtown and Big Sandy, and
will also have the control Of the new line
now building up the east side of The Ohio
river, the bridge over the Ohio at Coylng
ton, for which authority has already been
granted by Congress, and what was Tor
merly known as the river division OF the
Ohio Central. which connects with the
Columbus, Toledo and Hooking Valley.
"The lease to the operating company of
the Chesapeake and Ohio takes effect July
1st. information as to its details was
refused to your representative to day, but
director of the company had no hesitation
in explaining that there would be no change
whatever in the operating department.
''Mr. John Muir, who is well known for
his work as general manager OF the Oregon
Railway and Navigation Company, was
brought East by Mr.. Huntington a month
or six weeks ago and made general traffic
manager of the Chesapeake and Ohio. He
retains the same position for the NeWpoit's
News and Mississippi Valley. All the
Huntington lines east of the Miss lsslppl
are to be put under the control OF the ope-
rating company as soon as possible, ana
the eastern system to be made as complete
as that on the other side of the Mississippi
is under the management OF the southern
Pacific Railway Company.
sMr. A. S. Hatch, who has been for
! long time identified with this company as
director and banker. told your correspOn-
dent this afternoon that the new consolida-
tion would be of great advantage to the
bondholders of the Chesapeake and Ohio,
because the interests of its western con-
Meeting lines were consolidated with 1t,
and that they could give it larger per
centage of business than it could transfer
to them, and he felt sure that the expenses
of management could be reduced.
"Details of the merger have not yet been
completed, but directors meetings will be
frequent for the fortnight, and a circular
will be sent to all interested as soon as the
plan is finally settled. When the lines now
under contract are finished and the bridge
across the Ohio completed. this company
will have it's independent line under one
management to Toledo, on the lakes, In
dianapolis. ST. Louis, Louisville. Memphis.
and New Orleans"
A representative of the Dispatch called
at the Office of General Williams e. Wick.
ham, second v;ce-president of the Chesa-
peake and Ohio Company, Wednesday,
with view to gaining further information
on this subject, but he was not in the city.
Secretary Wexford said he was not ac-
quainted with the provisions of the lease,
but the following circular had been issued
New YORK, July l, 1886.
CIRCULAR No. 5.-The Viewpoints
News and Mississippi Valley Company
having leased the Chesapeake and Ohio
railway, to take effect this day, the juris-
diction of the officers of the Eastern Divi-
sion Of this company is hereby extended
over said leased property.
G. P. HUNTINGTON,
President.
Neither this circular, nor the terms Of the
lease will in any wise affect the present
management of the company, as the officers
referred to in the above are the same ones
who are now in charge of the Chesapeake
and Ohio Each officer will retain his
present position, and will have his present
duties to perform-no more, no less.