The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-01-09
TO MANAGE THE CENTRAL
GEN. ALEXANDER REFLECTED
PRESIDENT.


The New Board ofDirectors Organized
-Kessler & Co. OF New York TO be
the Company's Fiscal Agents, and
Messrs. Conner, Gordon, Green, and
Vetsburg the Finance Committee of
the Board-Col. Ptinizy Talks-Gossip
About the New Management.
The new directory Of the Central Railroad
and Banking Company Of Georgia met at
the Office of the president yesterday fore
noon and organized by the reelection Of
Gen. +. 2. Alexander to the presidency.
7. NJ. Cunningham was reelected cashier.
As predicted in the MORNING NEWS Of yes
terday Patrick Calhoun was elected general
counsel, and Messrs Lawton a. Cunning
ham were elected general attorneys and
solicitors Messrs. Kessler q Co., New
York, were appointed fiscal agents Of the
company. Tho representative OF Kessler a.
Co., Mr. G. e. KisscI, was present and dis
cussed with tho directory questions of finan-
cial import bearing on the future plans OF
the Central. The following members of the
board were appointed on the financial com
mites Messrs. H. ii. Conner, W. W. Cor
don, Z. III. Green, Jacob Rauers and A
Vetsburg.
President Alexander said after the meet
ing adjourned that q full discussion Of the
plans of the company had been had, but
beyond that he did not go into detail
COL. PHINIzY's VIEWS.
Col. C. II. Phnizy, one of the reelected
directors, was apparently highly pleased
with the acquisition Of the new members
and the general outlook for the Central.
IL ~ ba
Central, Messrs. Kessler & Co. of New
York, compose a respectable banking firm
which is 100 years old, and has two or three
branch houses in Europe.
Col. Phinizy believes that none of tho
zeal and enterprise which have character
lied the management of the Central under
the former board will be relaxed. He said
in plain words that he thinks that the Eden
and Americus extension VIII be built
The personnel of the new directory is one
of its striking features. 1t has been re-
ceived with great favor in this community,
and the fact that the finance committee Is
composed wholly of citizens of Savannah,
with such thorough tinancierS as II. M.
Conner aud w. w. Gordon at the head Of
it, will tend to allay any apprehension that
those who control tao Centrals stock have
any sinister motive at the bottom TO impure
the material interests of Savannah, or the
rest Of the state.
HOW THE TERMINALS STOCK WAS VOTED.
Although the Terminal Company could
have voted its 40, coo shares where it listed,
they were cast s0lidly for CeOrgians, and
the entire management of the varied inter
ests of the Central have been committed alb
sOlutely to representative men of the state
who are stockholders.
A group of gentlemen was discussing the
subject in the reading room of the Pulaski
v,efs, .1av~ oft fbn arI IF
directors had adjourned, and one gentle
man, who was evidently a stOckholder in
the Central and friend of the Terminal
company, said in substance that the only
interest the Terminal company had was
that the stock which it had purchased
should pay reasonable dividend; that Mr..
Inmau saw that there are desirable termi-
nal facilities at Savannah, which by
enlargement could be made to accommodate
a much greater volume of traffic, and that
there are new fields in the west and north
west which could be made tributary to Sa-
vannah and the southern railroads of the
Central system, and that by amalgamation
better service and increased business would
follow.
IN THE HANDS OF BUSINESS MEN.
Now when met with unfriendly hints
thrown out against them they have com
mitted the entire management of the Cen
Gral 10 tne hanQS OF business men whose IN
forests are all in this state, which must
necessarily dsarm all hostility and insure
the early taking up of the enterprises
which have Jagged for the past month.
Gen. Alexander is credited with full
share of the diplomacy which is seen in the
elections Of yesterday and the day before
1t was disappointing to him at the
very threshold of successful ne
gotiation for the means to prose
cute his plans for extending the
direct line from Eden westward, building
twin steamships to be added to the Ocean
Steamship Companys fleet. and remodeling
tho company's wharves and increasing their
facilities, and adding TO the rolling stock TO
better handle o northwest traffic he had
planned for. to see negotiations suspended
and the deal off; but if any one thinks e
abandoned hope they do not know hm, and
it is evident that the Calhouns are with him
heart and soul, aud what was lost in one
direction will be vigorously sought for in
another. The people haven't heard the last
OF the enterprises which are to be taken up
with new vigor, and while they have been
delayed, they are not defeated.
mIJn UuZ We TTDCn