The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-12-08
THE DEAL MADE.
Continued From First page,

| oil both the People and Union Depot lines
and connecting the Scullin system of lines
by the electric overhead wire system, so as
TO transfer passengers from the extreme
southwestern limits Of the Union Depot
line to some point OF easy and convenient
access to the proposed cable line. This route
as described for this cable line was a
double track on Fourth street from Morgan \
to Pine, west on Pine to Twelfth, south on l
Twelfth to Chouteau avenue, west on
Chouteau avenue over the route OF thek
Peoples Railway TO the east gate OF Tower |
Grove Park. The change from the pres
ent system would contemplate an addi- 4
tional mortgage Of 81 5000 on the two
properties, in addition to enough secur- +.
ties TO lift the outstanding bonds of the
companies, which amount TO about $780,
600.
TALK WITH MR.. CAMPBELL.
To verify these rumors Globe Democrat
reporter called on Mr.. Campbell at hsI
residence on Washington aud Grand ave- Z
nues, last evening. He denied that anys
plan had been determined upon, bu,Ss<ss
mitted that he had offered a control Of theh
Peoples Railway for sale to New Yorlz1
syndicate.
"rhe conditions and requirements that1
the New York parties attached TO closingj
the trade" said Mr.. Campbell, would
necessitate some additional legislation on
the part OF the Municipal Assembly,
which, OF course, didn't have there for
sale and which declined 10 contract to
deliver. This additional legislation would
be in change of present routes and an.
extension OF the Peoples Railway fran
chisc 10 fifty years from now, instead OF
fl.frfxf from, "a % Tl,fo .
change in the franchise is desired so as to T
make the bonds TO be issued TO make inn
proyemen,s, etc., fifty years. Unless theseI
requirements are left out OF the negotia-
tons, the Peoples Railway Company,
through its President, Mr.. Charles Green,
will conclude TO cable its line over its !
present route, and take the position that
Mr.. Walsh did originally in his line, that,
ii he constructed cable line that is a me-
chanical success, its finances would tase|
care Of themselves. This process would
be little severe on the stockholders for
year or two. but most OF them are rich
enough 10 wait"
"llow about the scullin lines, also con.
nccted with this rumor?"
Possibly the same parties that are ne
gotiating with me for the Peoples might
have had secret omissary negotiating
with Mr. Scullin for the Union Depot
lines. The rumor you have secured
might have been the product OF then
united efforts"
Mr.. Campbell was questioned further
about the rumor direct rs TO the consolida
ton, but did not seem anxious to discus
il more ut length, rs il was outside the no
gotiations Of which he had charge.
MEssRs. GREEN AsD sCULLY AWAY.
A reporter also called at the residence q
Mr.. Charles Green, on Lafayette an
! Compton avenues, but found that tina
gentleman is out Of the city and not OK
, pected back until next week. Inquin,
, 1T the office OF the company resulted III
very little further information, except init
nations that he had gone 10 some place Il
confer with some cable contractors in car
rying out the plans TO cable published il
the Globe Iom0crdt some timo ago. Thest
= plans were independent OF any ncgolia
tons 10 SELL
A call was also made at the residence
Mr. John Scullin, president Of the Uniot
. | Depot Company, or Scullin lines, but ho
/, had gone 10 the City OF Mexico on import
ant business 20 be- absent two or threo
5 weeks. Inquiry made of his son, assO
d ciated with Mr.Sculin In the Management
= OF the lines. brought out the statement
1 that his fathers interest IN the street rail
4 ways was not for sale. lie had great iaitl
r in the electric motor system, and n theiI
4 tracks could be changed from horse powell
o 10 electric power for q nominal sum, Civ
ing as great convenience and rs mpic.
: transit ms The best equipped cable would.
he did not fear any rivals.
: Others more or less informed were ap.
q preached, but without gaining any NOR
, definite information. II was the opinion
. that the consolidation had been almost II
. iccted, but that Mr.. Scullin, not having
/ acquired the right 10 change his motive
D power from horse 20 cable or electric
: power, Mr.. Green had become tired o
= waiting, and concluded 10 20 ahead
! himself TO cable the Peoples on its present
2 route. There was just as strong feeling
I. however, among Others Ms heavily inter-
/ csicd that the consolidation would become
o n inct before long, aud that the route cal
r BLEED would be about "a indicated In tho
= rumor from the East.
y THE INrERrsrFD LiSES
c The lines concerned In the ruS,5f--lt
i the Union Depot and the Peoples. Th,'
a Union Depot has nineteen miles OF tack
and the Peoples eight miles The Uniof
Depot has a capital stock of $4,000 anc
n bonded Indebtedness OF $4,000. The
n Peoples Railway las q capital stock Of
$4,000 and bonded Indebtedness of
500 coo, and carries about 400. 900 pcoplc
o per annum, and the Union Depot about
> 5000. 900 people. The Peoples tracks cx-
j. tend from Morgan and Fourth streets C.
Y Chouteau avenue, with n donble track
= west on Chouteau 20 Second Carondolct
avenue. south on that avenue TO Park
avenue, aud then with n double track ga
i Park 20 Mississippi avenue, south on the
Il latter, also with double track, 10 laiay.
q cito avenue, west on the latter 10 Grand
9 avenue. lbs present terminus. The line
u forks ON Park avenue the cars going
9 east continuing on Park avenue 10 81.
i Angc and north on 81 Ange 20 Chouionu,
y where the double track is resumed. The
u Union Depot practically cover the south
c western portion Of The city that ~ not COW
! cred by the Peoples line. II commences
= at Fourth and Pine streets, with hotel
y loon north on Fiiih and Sixth streets. aud,
d crossing the bridge nj the Union Depot,
y winds oil over the city southwest u that
y point, having ~ many branches and spuIs
! ~ the octopus has tcniaclcs The Caliior.
!, mia avenue line Is the principal indopcnd-
cnt one. The Union Depot proper runs
three lines, known MS the yellow. White
y and Blue.
!. THE BLuE RIBBON ROAD.
!. Tho Illinois Central Leads All tho Others
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