The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-05-10
TO BUILD UP DEPTF0RD.
a TERMINAL COMPANY WITH
100000 TO BE ORGANIZED.

wharves and Depot Facilities for
Rail and Steamship Lines to be
Bult-A Plan to Control the Sa-
vanrah and Atlantic Railway-The
Building OF New Railroads TO Sa-
vannah Creates a Necessity for the
Increased Terminal Facilities.
An application for a charter for the
Savannah Terminal Company viii be made
in the superior court to-day or early next
week. The petition is being prepared by
J. R. Saussy, ESQ.,, attorney for the petition
ers, Capt d. G. Purse, John c. Rowland
and others. The capital stock OF the COM
pany is to be 81, 100000, of which S5O0.0O0
has been actually paid in.
1t is understood that the charter
to be asked for provides that the
Terminal company shall have
authority to build docks and wharves,
construct railroads, etc, and it has for its
end the conversion of Deptford plantation,
containing $500 acres, and with its miles of
deep water frontage, averaging 80 TO 40 feet
of water, into terminal property for lines
of projected railways now about to be con-
structed, and for such roads as may now be
built and operated, and for roads which may
hereafter be projected, and looking to Sa-
vannah as a terminal point.
THE CoMPANY's PLANS.
Capt. Purse expects to go to Europe this
fall to place such stock as is wanted there,
the stock subscriptions to be limited to a
comparatively few capitalists. 1t is the
object of the company to lease, upon favor
able terms, wharves and depot facilities to
railway and steamship lines, and to lease or
ant ground for "A ofnrfrQ in1ncfrIQa
The project is a stupendous one, but the
rapid growth of the city's commerce and
the augmented number Of railroads coming
to Savannah, it is claimed, combine to
make the time of the organization Of the
terminal company an opportune one.
In this connection it is understood that
negotiations are pending for the purchase
of the terminal facilities and entire road
way of the Savannah and Atlantic railway.
TO REQUIRE NEW wHARvEs.
There are three lines of new and indie
pendent railway soon to be built to Savan-
nah, all Of which will require water 'front.'
age-the South Bound, the Middle Georgia
and Atlantic, and the Macon and Atlantic
The Savannah and Western, which is the
Centrars new line, and the Alabama Mid
land, the new line Of the Savannah, Florida
aud Western railway, or rather of the
Plant system, it is believed will,
WIN DU6 lDCr6dSeu DuSlucSS Lney Will
bring to Savannah in two OF three years,
make it necessary for the two great systems
to extend their harbor facilities, and the
projectors of the Savannah Terminal Com
pany say that these roads must look to the
Deptford property.
Capt Purse said yesterday that the ter
minal company will build an air line road
to the west if no other company will do so.
THE L. AND MS MOVEMENTS
The rumors deepen that the Louisville
and Nashville road must inevitably make
its way to the Atlantic seaboard, and that
Savannah offers the most practicable out
let for that great system to the coastwise
and foreign markets.
The Marietta and North Georgia cannot
stop at Atlanta, and must come to Savan-
nah either by traffic arrangements with
the Middle Georgia and Atlantic or build
east to Savannah.
The South Bound people do not seek to
conceal the fact that the road is to be pro-
jected farther south, and when connection
is made at Columbia or Sumter they will
doubtless take up the project of building
to Florida.