The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-31
INMAN COMES OUT ON TOP
JUDGE CHISHOLM TO BE ONE OF
THE TERMINAL DIRECTORS.

Significance OF His Election When
Coupled with His Connection with
the Plant System-The Rice-Libby
Party Certain to be Beaten Out of
Their Boots.
New YORK, May 30-The Richmond
Terminal contest will culminate tomorrow
in the stockholders meeting at Richmond.
Va. The contending factions will net go to
Richmond en- masse, but will only send
representative committees.
Isaac L. Rice August Belmont, Jr., and
William Libbey will probably represent
their party, and Gen. E. NJ. Logan, George
+. Stone and Edward Lauderbach will be
on hand to speak and act for the Inman
party.
1t will not be much of a contest after all,
as the Inman delegation goes to the meet
ing with over 100000 out of total Of
450, 900 shares of stock.
IL is thought the Rice-Iibbey crowd will
offer all sorts of technical objections to the
votes Of the Inman party, and endeavor
thereby to nullify the action Of the meet>
ing.
PLANS OF THE INMAN SIDE.
So far as the programme of the Inmau
side can be learned, they will submit to the
meeting an exhaustive reply TO tho cate
chism-circular issued recently by the Rice
people, cast their vote for tho confirmation
Of John II. Inman as president, and like
wise fill the two vacancies now In the board
OF directors, lately occasioned by the resig-
nation of Emanuel Lehman, and the promo
ton of Mr.. lnman from n dictatorship to
the presidency of the company The two
new directors elected will be John c. CAL
houn, OF New York, and Hon. W. S. Chfss
holm, of Savannah, Ga.
SIGNIFICANCE OF THE ELECTION.
The election of Judge Chisholm is very
significant, owing to his prominent connec-
ton with other important Southern railroad
interests. He is Vice President of that enorA
mously rich corporation, the Plant Invest-
meut Company, and also of the Charleston
and Savannah railway, and the Savannah,
Florida and Western railway. He has for
sever or eight years been general counsel to
all the corporations of which II. b. Plant is
President, and that embraces three in adj
dition to the three above named. In the
discharge of his professional duties toward
these various corporations he has displayed
such exceptional ability and admirable wis
dom for the practical management of rail-
road properties that no has been urged to
take place among the active managers.
IN ACTIVE RAILROAD WORK.
About two years ago, yielding to the infiut
ence of those IN control Of Incorporates, he
accepted the vice presidency Of tho three
companies heretofore mentioned, and since
his election to those positions, he has do
voted himself closely to practical railroad
management, and in that line be has
evidenced masterful talent. fully COM
mensurate with his enviaDle reputation as a
lawyer His election to the Terminal di-
rectory is in recognition Of his ability as a
wise and practical railroad man, and in
Difference to the large interest he represents
in tho Terminal company itself. In view
of his intimate relations with II. b. Plant
and his associates, in their vast railroad in-
terests, his election to the Terminal board is
conclusive evidence that tho Plant element
is in sympathy with the present adminis-
tration Of the Terminal company.
INTEREST OF THE PLANTS.
The Plant Investment Company has a
largo interest In the Richmond and Dam
Vile and the East Tennessee, Virginia and
Georgia, and therefore, Judge Chisholm's
election 20 the Terminal adds new strength
TO George s. Scott in tue Danville, to
Messrs Brice and Thomas in the East Ten
nessee, Virginia and Georgia, and John II.
Inman, all around, against outside oppo-
stion Further than this, it is said, on good
authority, TO DO an important step toward
the establishment OF harmonious and
mutually beuohcial rotations bet all
the important railroad systems Of the South.
II is suggested that as soon as practicable
the Louisville and Nashville will be
rung into the general alliance and that
policy for the government Of all will be
adopted, providing mutual protection
against reckless building in the spirit Of
rivalry and ruinous rate wars in the CONS
petition for business.
THE SUPPOSED RESULT.
1t is a move in the substantial interest Of
all Southern railroads that may bo admitted
to the co animation. The NEWS corre4
spondent has heard nothing said as to
whether or not the Georgia Central will
Join the band
The Rice-Libbey people at present have
control of that, and they may insist on run.
nlng it on their own hook, in view of the
fact that during the terminal controversy
they have repeatedly avowed that they
"bought the Georgia Central for invest
ment,h and were utterly opposed TO selling
it, or consolidating it with any other in
terest.