Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-08-29
THE RAILWAY SOLD.
MARSHALL-STREET LINE BOUGHT BY
NORTHERN SYNDICATE.
This, Mayo's Bridge, the Manchester Gas
Works, aud Larger Enterprises to
BE Operated Conformity.


Works, and Larger Enterprises to
BE Operated Conformity.
The mystery thnt has surrounded the
plans of the northern gentlemen who
recently purchased Mayo's bridge IS
being solved gradually, and the scheme,
which is n great one. is gently unfolding
itself to the public eye.
Chapter No. 1 was the sale OF the
bridge, most valuable property, and the
Dispatch to-day presents two additional
chapters, which will throw consider
light on the matter, and the facts herein
given will he read with pleasure by all
who feel interested in the growth and
prosperity Of Richmond and Manchester.
At the time that the bargain referred
to vas made NJ Ware b. Gay. the
wealthy Boston coal-dealer who has
large interests near Richmond, was
named as the purchaser, but 1t now turns
out that this gentleman was only acting
for a wealthy syndicate, Of which he IS
a member, that proposes to do much TO
develop the business interests OF tho two
cities.
1T MEANT DEVELOPMENT.
When the sale Of the bridge was made
public about a month ago Mr. j. Ihomp-
son Brown, of the real estate firm
through which the negotiations were con-
Quoted, was sought by a Dispatch re-
o-l-.1 .,-lot ~ rpnant Hn
replied: "It means development and
of even greater benefit to the city OF
Richmond than the Electric Line. which
enterprise the speaker WAS largely instru-
mental in bringing here and OF the com
pany owning which he was for a long
tine president
The declaration is now being fulfilled,
and there is every indication that other
and larger business establishments than
those here to be spoken Of will follow.
THE MARsHALb-sTBEET LINE.
Mr.. Brown has just sold the street
railway owned by the Manchester Rail
way and Improvement Company, and
commonly known as the Marshall-Street
Line, to gentlemen of means who will
develop the property aud make 1t first
class in every respect. The plans
have not yet been fully matured, in TACT
the negotiations have just closed, but
every assurance is given of a complete
system and q good service to both Rich
mond and Manchester.
THE GAs-PLANr.
Mr.. Brown, representing the north
em gentlemen. is now iDdustriously en-
gagged in an effort 10 obtain the neces-
sary franchises for the establishment OF
( plant in Manchester for the manufacture
Of water-gas, which is to be supplied to
the residents of that city Mt not exceeding
81 per ] 600 cubic feet and to the city at
a price not in excess of 70 cents. There
are some prelimiDaries yet to arrange
with the Manchester Council, but there
/ is no doubt that the desired privileges
will be granted, and that in q
few months the dwellings and
streets of our neighbor city will be
lighted with gas.
When seen by a Dispatch reporter
about midnight Mr.. Brown was not IN
( clincd to talk not because OF the lack
OF disposition on his part, but by rea-
son of his peculiar position IN the
premises Just now; but he adj
mitted that the railway had been sold.
He could not say positively what the
7 E,riivs-powcr viii be, but thought 1t very
/ probable that electricity will be en-
/ ployed.
/ AT OTHER PLACES.
These wealthy northern gentlemen,
| whose names cannot yet be published.
are seeking through Mr.. Brown to es-
tablish large gas-plants in scyerasother
cities. and if they back up their invest
mcrts in gas works in these places as
they are about to do here the cities SO
favored will be very fortunate.
LARGER ENTERPRISES.
Mr.. Brown when asked if he knew of
other contemplated enterprises said .
81 have made other large investment,
the nature Of which / cannot yet divulge.
When you do learn of them you will he
astonished. for the enterprises are TO be
much larger than any OF these OF which
We have been talking"
It is stated very positively that this
money is being brought here not for
speculative purposes, but purely as bust
ness investments. The car-liEe, which
will beextended through Manchester the
BRIDGE. which is now undergoing tho
rough repair; the Manchester gas
works. and the other contemplated en-
terprises will be operated under entirely
separate management, but somewhat
jointly.