Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1888-09-29
MR.. INGALLS, ARRIVES
A TALK WITH HIN ON MArTERs TOUCH
ING TIE G. 4 o.
The Policy to bs Pursued-The R. q A. Con-
solidation and other Points Discussed
A Conference Held.

Mr.. NJ. E. ingalls,, president OF the
Chesapeake and Ohio Railway Company,
arrived in the city yesterday morning
from New York. On the same train
came Messrs. Bullet and Dale, attorneys
Of Philadelphia, who are counsel for
what is known as the Reorganization
Committee. These three gentlemen
spent some hours in one Of the compa-
ny's offices in PAGES Block in conference
with Mr.. Henry 7. Wickham. general
solicitor, and Judge William j. Robert
son, of Charlottesville, counsel for
the company. General-Superintendent
O'Dell joined the party last night, and all
hands left for Charleston, W. Va, and
to-day an inspection of the Kanawhaand
Ohio system will be made. The com
pany will return TO Richmond ria the
Richmond and Allegheny railroad, and
will reach here Sunday night so as to be
in Richmond on Monday, when the mat
ter of appointing receiver for the pro-
perty, Uice General Williams G. Wick
ham. deceased, comes up. The case is
pending in the Circuit Conrt of Hennco
county, in whose hands the road now IS
and has been for some months
WHAT WILL BB DONE.
Mr. Ingalls, spent the greater portion
of the summer in Europe, where he was
when General Wickham died. Since he
returned be has been travelling around
considerably, and It seems to agree with
him, for he is looking hearty and we'll :;
in fact, better than when he was IN
Richmond prior 10 his departure for his
trip abroad. When told this by a Dis
patch reporter yesterday he smilingly
said: "Well, you might say / live on
wheels, and have gotten pretty well
used to it. -
Coming down to business, the reporter
asked Mr.. ingalls, what course would be
pursued when the case came up on Mon
day.
Il am sorry to say" he replied, that
cannot answer definitely Just at pres
ent. We are considering that matter
now, and | shall not decide upon the
plan of action until tomorrow after |
have received the opinions of these legal
gentlemen with reference to the matter. "
"Will there be any impediment IN the
way of your taxing the road out Of the
hands of the COurt?"
"None whatever, think. A fraction
over 80 per cent of the seeurity-hOlders
have accepted the terms of reorganiza-
ton, and you can readily see that there
will be no trouble on this score. 1t has
been astonishing as well as very crafty
ing to see with what dispatch and unani-
nifty the security holders have come in.
It is a thing almost without precedent in
such transactions. No sir, there is no
thing in the way OF our getting out Of
the courts, and we are anxious to get
things in better working order so that We
can get more money to come our way.
THE RICHMOND AND ALLEGHANY CoNsoLI-
DATION.
"When did the traffic arrangement
between your road and the Richmond
and Allegheny 90 into effect " asked the
newspaper-man.
"Ihe 1st OF September" replied Mr.,
! ingalls,, "but we have not yet actually
assumed control of its affairs"
"It is practically operated by direc-
ton Of the officers of your road though,
is it not }"
"Well, Mr.. Axtell cOnsults rs about
matters. and some of our heavy freight
is brought over that line. We can haul
three times as much freight from Clifton
Forge to Richmond by thatroute as by the
Chesapeake aud Ohio. and the wear and
| tear is much less. | have not been over
the road since it practically became ours,
or under our government, but We look
upon it as desirable addition, as it prac-
tically gives us double track from Cliff
ton Forge"
Will NOT HAVE TO BE SOLD.
"Will the properties of these two CON-
panies have to be sold before they can
be taken out Of the courts ?"
"That of tine Chesapeake and Ohio will
not. About the Richmond and Allie
phany don't know. We contract with
the security-holders to turn the road
over to us. and as they will have to look
after getting it ont of the court L have
not bothered myself about looking into
the matter. suppose there will be no
trouble on that score as ! should think
the courts would be glad toget rid of the
trouble. We have delayed assuming
control Of the Richmond and Allegheny
this long because we wish TO avoid such
intricacies and trouble as will not face us
when the two roads are under strong
management without any powers to in
terfere.'
THE RESULT.
Mr.. Ingalls, spoke very hopefully OF
the future OF the two properties. espe-
ciallv the Chesapeake and Ohio, and said
that both will do much to benefit Rich
mond and develop and strengthen the
entire State. From all that he said ii
may be Justly inferred that the proceed
ings IN the court on Monday will hasten
the consummation of the reorganization
scheme and that operations under it will
begin at the earliest moment pFactlca-
BILE.
The Kanawha and Ohio people have
been after him for some time to make an
inspection of their line, and it will be
done day with the view, it is thought,
of making il another link in the Chesa
peake and Ohio system, which will be
operated with the Big Four.
| MR. HAAS.