The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-12-08

h'NhNNo VI kOph anu ltlliANcHNO
beer, the crowning touches were put to his
fast increasing admiration.
GOING HOME FROM THE PARK
ii made the old gentleman's mouth water
to see how the cars were packed with peo-
ple,some OF them hanging on by their eye
lids, and he then and there made mental
calculation of how much all that patronage
would be worth ii properly handled and
none OF it got away,
From that time on il was plain sailing.
The Chicago gentleman went home and
made glowing report oil what he had
seen, aud then the negotiations began.
Everything worked smoothly, and the
deal would have been consummated in
August but for the sudden check to all
Southern enterprises impaired by the sick
ness at Jacksonville.
When the scare had subsidized and conf
dence been restored
NEGOTIATIONS WERE RESUMED
and on Thursday, November 30, COM
mittee came here from Chicago TO make
final inspection and take an inven.
tory OF the property. Among them were
Mr.. Honore, of Chicago, and Mr.. Holmes,
OF the same city, President OF the South
Side Cable Car Company. 1t may be well
to add in this connection that the South
Side Cable Car Company is not the COM
pany which experienced a strike OF en-
ployes a few weeks ago.
On Tuesday last, December A, the
Chicago gentlemen returned to their
homes accompanied by Col. a. d. Frayser,
Mr.. Sam Tate, Jr., and Frank II. White.
All day Thursday was spent in discussing
the details OF the scheme. and on yester-
day a telegram was receivedin this city from
Chicago which read as follows:
CHICAGO Ill. December !, 1888
"The trade is consumated. leave for
home at once"
FRANK II. WHITE.
now THE NEWS WAS RECEIVED.
The deal was freely discussed on Madi.
son street yesterday and everybody won.
dered how TIE APPEAL got on 10 il. The
trade was managed 80 quietly that some OF
the parties vitality interested didn't know
the sale had been concluded until they
read it in The APPEAL. One OF them
stopped an ArPEAL reporter late yesterday
afternoon and implored him for the latest
news, and was thrown into the seventh
heaven OF ecstacy when informed 10y the
reporter that there was no doubt OF the
deal having been consummaled.
In financial circles the news was hailed
with general satisfaction. Cashier On
berg, OF the Bank OF Commerce, said: 81
have reliable information that the deal
has been consunimaied. and regard it as u
good thing, as II will bring A. cool million
OF outside capital 10 Memphis and incl
dentally lead TO other investments Of an
equally hopeful and promising character"
Cashier Sam p. Read. Of the Union and
Planters Bank, when approached on the
subject, said: Don't ask me. There's
John Norton; he willtell you all about II, 4"
and so saying Mr.. Read pointed 10 a group
Of three about fifteen feet distant, com.
posed OF Mr.. Napoleon Hill, Capt. W. o.
Flynn and John l.. Norton. Mr.. Hill Is.
as everybody knows, largely interested in
the Street Railway Company, and Capt
Flynn Is also interested 10 a handsome ex.
tent OF course their meeting was purely
accidental, and their conversation had ex.
elusive reference TO the weather. After a
few minutes tho trio separated and Mr..
Norton took refuge in his Office, where the
reporter followed him.
Mr.. Norion's Office Is very comfortably
furnished with cane.bottomcd rocking
chairs, into one Of which lac disappeared.
The reporter followed suit and In blissiul
silence accommodated himself 10 the lux.
ury OF his surroundings.
"wcll, what can do for TnE Ar
PEAL?" asked Mr.. Norton innoccnily.
TmE ArrEAL pointed 10 yellow piece
Of paper pecping out OF Mr.. NoHon's vest
pocket aud answered: "show inc that dis
patch"
Mr.. Norton hastcned 10 conceal the
ioll.talc document, and muttecd some
thing about is being mot ready for pub
lication."
"what about that railroad deal2" asked
the reporter.
"As soon as the deal Is contaminated
We will give out the facts for publication.
Il was our intention 10 visit TnE ArrEAL
people and tell them all about II, but THE
ArrEALs publication anticipated our In
tended disclosure by several days, aud ]
am at loss 10 understand how you came
into possession Of the information pub.
lished. when picked up the paper this
morning was spccchlcss with amaze.
mcni."
"Was Tnr Arrr,L's account Of the deal
correct. Mr.. NortonT' was tho reporters
next question.
ut was substantially correct" was Mr..
NoHon's reply.
"Wero TnE ArrEAL's figures coueci2'
"Thcy were approximately correct"
"Now, Mr. Norton, Is Il not fact that
the deal has been consummaicd, aud that
you have tolcpaphic information to that
effect Ia your pocket"
Mr.. Norton looked surprised and shocked
at the question, but after some hesitation
said.
"The deal is not quite consummatod
there arc still some details 10 arrange.
will tell you al about Il m SOON ~ every
thing Is completely sii,lcd."
This was not IN tie least biz satisfactory
20 the reporter went at him again.
! H. Ia a.