The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-08

has beat upon in vain heretofore, and it is more
difficult undertaking than Mr.. Taylor is prob
ably aware of to incite among Pennsylvania
shareholders a disposition to complain of meas
ures founded in conservative wisdom Our peo-
pie are learning to be content with per cent
returns strictly frst-class investments, I'M
questionably safe and freely convertible"
E. B. Thomas. general manager of the Rich
mond e. Danville, has sent out the following
official circular: 'This company having leased
the railway and property of the Washington,
| Ohio & Western Railroad Company, to take
effect from this date, and the transfer having
been made, that road hereafter will be operated
by this company as the Washington & Ohio di-
vision. The following general officers of this
company in their respective departments, will
assume charge of the business of that division:
Peyton Randolph, assistant general manager
Sol Haas; traffic manager; j. H. Drake, general
freight agent; j. L. Taylor, general passenger
agent; r. d. Wade superintendent of motive
power; c. NJ Bolton, chief engineer; j. p Mine
tree, general purchasing agent w. A. Moody,
| car record and trace agent; g. A. Darlton. super
intendent of telegraph. The following div sion
officers with offices as noted, will, under the
direction of the respective heads of departments,
take charge of their several branches or the
services: Robt Bell superintendent, Alexandria
Va; j. S. B. Thompson. assistant general freight
and passenger agent, Alexandria, Va"
The proposed plan of adjusting the differences
between the Corbin aud the Blood parties re-
road is not meeting with the favor from Mr.. Cor
bin which had been looked for. The present
status of the contest for control appears to be
about as follows: The State of Ohio has brought
suit through the Attorney general to determine
who are the riehtful directors Motion to ad-
vance this suit has been made, but has not been
granted to date. Efforts to effect compromise
have been made, and consultations looking to
that end have been held by representatives of
| the Blood and Corbln interests Both parties
were willing to settle the dispute and, while no
| agreement was made, yet the basis therefor was
considered and concessions granted by both
| sides. The cognovit notes issued by President
| Blood were to be returned to the treasury, Mr.
Corbin was to be president of the company and
and each side was TO have seven members of the
board of directors. with fifteenth acceptable to
both parties agreed upon. This was briefly the
outline of the plan or basis thereof "But, upon
| reference to Mr.. Corbin," the Boston Transcript
says, 1.-The basis was unsatisfactory in that the
latter would not take the management Jointly
with President Blood. and he was also unwilling
to accord to the Blood party larger representa-
tion in the board than their holdings of preferred
stock entitled them TO. Several sultatioIs have
since been held between various parties in inter-
est, but nothing definite has yet taken place.
Negotiations suspended, at least temporarily,
and the contest continues with what the poll
ticans might call "a fighting chance Of bringing
the case to an adjustment satisfactory to both