The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-04-12
CENTRAL NOT FOR SALE.
THE GEORGIA COMPANY NOT ANX-
IOUS TO DISPOSE OF IT.

Gen. Alexander's Connection with the
Terminal Deal-The Centrars Next
Annual Report-The Buena Vista
and Ellaville Purchase-The Branch
from Eden to Americas to be Built
Progress of the Goodwater Exten-
sion.
The reply of Isaac L. Rice, of the Rice
Libby party, to the recent circular issued
by the Richmond Terminal Directory, is of
interest in this section in SO far as it affects
the Georgia railroads and especially Presi-
dent Alexander and the Central system.
In an interview with Gen. Alexander
yesterday, he said that he has no desire to
become personally involved in the disputes
which have grown out of the diverging
opinions His name has already been con-
nected with the matter beyond what he
would have chosen. The only position he
has ever occupied in connection with the
proposition to reorganize the Terminal, he
said, was when he consented under certain
contingencies to accept the Presidency and
aid them in making up the annual report.
Gen. Alexander said, however, that it is
not true that there has been any effort to
y.
The Terminal directory has more than once
approached the Georgia Company to see if
it would sell, but it had been informed that
the Central was not for sale at price that
they could afford to pay. The Georgia
Company, said he ''own 40 900 of the 70 900
shares of the Georgia Central, and it does
not want to sell. If it will make money for
the Terminal Company 1t will make money
for our own company.
THE CENTRAL NOT AN INVADER
Referring to the statement that the Geor-
gia Central has invaded the Terminal terri
tory, Gen. Alexander said there has been
no invasion since the Raoul Presidency
that is since the Georgia Company obtained
the controlling interest in the Central.
Further than to controvert the unfounded
statements affecting his company, Gen.
Alexander declined to be quoted.
Coming more directly to the affairs of the
Central, he said that the fiscal year will
close earlier than heretofore, that is to say,
the annual report will be brought up to in
clude June 30 and the annual report will
come from the hands of the printer by
Sept. /. The next annual report will make
a very satisfactory showing of the earnings
| Of the system, and much better than the
last annual report. A revised map of the
entire Central system will be incorporated
in the report, and will afterward replace
folders of the Central.
Gen. Alexander's attention was called to
the fact that he had been quoted as saying
that the route from Buena Vista to Column
bus via Cusseta, has been fully determined
upon, and he was asked if the statement
was authoritative. In reply he said that it
is not wholly so. He made proposition to
the stockholders of the. Buena Vista and
Ellaville railroad, and if that proposition is
accepted, he added, and the Central comes
into possession of the stock it will deter
mine the route from Buena Vista to Column
bus going within two miles of CuSseta- The
route to the town is impracticable, owing to
the rugged topography of the land imme-
diately around the town.
TO BUILD THE EDEN BRANCH.
Gen. Alexander was asked then if the
Buena Vista route is determined upon if it
will not influence the route to be selected
from Savannah via Eden westward.
YES, sir. We shall then build directly
westward from Eden to Americas, connect
| ing at Americas, and with the Buena Vista
connection, giving us an almost direct line
| from Savannah to Birmingham.
Gen. Alexander said that the work on the
Birmingham road is progressing very favor
ably now, and while he is not yet prepared
| to say when schedule can be announced,
| it is but few weeks off.
Since the interview with the President of
the Central the MORNING NEWS has re-
ceived a report of the meeting of the stock
holders of the Buena Vista and Ellaville
railroad, held at Buena Vista, in which they
agreed to sell the road to the Central condi-
toned on its completion to Columbus in
time to move the fall cotton crop.
The original cost of the Buena Vista and
Ellaville road was $1,000, of which
amount the Central furnished $7S, 900, and
the counties of Marion and Schley $37, 900
At the meeting Saturday the Central agreed
to pay the stockholders $50 on the 800.
| This will give the counties of Marion and
Schley Sl1 900 of the $37, 900 paid to secure
| the road.
AS the citizens of Marion and Schley coun-
ties are reported to be very enthusiastic over
the proposed extension of the road to Co
lumbus, it is highly probable that the Cen
| trail will secure the stock it asks for, and
that two things may now be set down as
reasonably certain-the extension from
Bue Vista to Columbus, and the extension
from Eden to Americas. 1t has been long
time working, but the finale seems to be
near at hand.