The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-10-05
RAIL AND CROSSTIR.

Cargoes of steel rails for the Georgia
Southern and Florida railroad continue to
arrive at Palatka
The South Florida railroad has Just re.
ceived ten improved target switches that
Will be used in place of the old ones.
Roadmsster c. E. Marvin, of the Central
railroad, returned yesterday from an in
| spection trip over the road. He reports the
| line in splendid condition.
Private Secretary V. H. Kreigsbaber in
the Central railroad general managers
office, left for Atlanta last night to spend
to-day and tomorrow with his family,
which Is In that city on a visit.
Supt. Hege, of the Central, took in hand
| yesterday the appoi ltment of the local
surgeons OF the m ain stem. The list has
not been completed yet. but it will be
tinishei upon the retnrn of the superin-
tendent from Atlanta next week.
General Manager Cecil Gabbett and
Supt Hege LETT yesterday for an inspection
trip over the CentrapS main stem. They
will go to Atlanta also Co cons 3lidate the
agencies of the Central, and Atlanta and
West, Point railroads. They will return
Monday.
The Charleston and Savannah railway
has inaugurated a new line between Charles
ton, Augusta and Atlanta, via the Port
Royal and Augusta road aud the Georgia
road. A through train will be run daily on
and after next Sunday, leaving Charleston
at 1890 o'clock p. M, arriving at Augusta
at 7 O'Clock a. M; leaving Augusta at
O'Clock a. m. and arriving at Atlanta at l
O'Clock p. m. Returning, the train will leave
Atlanta at 2;45 o'clock p. IN, leave Augusta
at $50 o'clock p. m, and arrive in Charles
ton at 1:2O a. IN.
The Charleston NeUs and Courier saws
that InfOr0na 10 fain hi
Charleston as to the differences between
the holders of the first mortgage bonds of
the South Carolina railway which differ
ences prevent an immediate settlement of
the financial difficulties of the railway.
There are in the neIghborhood of $6,0O0.0 600
worth OF first mortgage bonds afoat, but
not more than $500, 900 Of these bonds ara
held in Charleston, on which there is due
now about $4,000 interest. The holders
there are not in the si ghtest degree troubled
about the default of the road TO paw the
interest They claim to be absolutely safe,
and that it will be only a question Of time
when they shall be paid. One of
the big bondholders in Charleston
says that he regards the scheme whereby
the Central Trust Company of New YORK
will receive the bonds on deposit an / ad-
vance the interest as only part of the
programme to force some of the bondhold-
ers into the arrangements whereby the
bondholders will receive per cent. bonds
| and 10 per cent. preferred stock in exchange
for the first mortgage bonds. This Charles
ton bondholder will not deposit his bonds to
have his interest advanced. He is of the
opinion that eventually those who hold
aloof Will have receiver appointed. He,
however, is in favor of dol q anything he
can to help the road without financially
hurting himself.
Judge Love of the federal court recently
rendered decision at Council Bluffs. Ia.
which will be Of great interest to persons
interested in railroads. 1t seems that the
railroad between Clarinda, Ia, and Rose
berry, Mo-, had been oper tied for several
! years by the Wabash system at great loss
The Unit d States Trust Company of
Chicago applied to Judge Love for an order
on the receiver of the Wabash system to
discontinue the Clarinda- Roseberry branch.
In refusing to grant the order Judge
Love said that railroads are govern
mental institutions, public conyevances
and common carriers. The right to build
a road through private property was
granted on the representation that the road
would furnish transportation for the public.
People are dependent upon such roads for
transportation. Courts have no RIGHT To
deprive people of this transportation On the
| showing that the ROAD does not nav ex
penses- By obtaining the rigdt of wav
from the people. they were cut off from all
| other similar means Of transportation, and
the court has no means of knowing what
dam sc to the merchants would ensue from
the granting of the order. 1t is not the
duty of this court to ascertain such eacts-
IL the railway commissioners choose 10
make such inspection, the court will NOT
interfere, but no such order as this will be
granted