The times. [volume] (Richmond, Va.) 1890-1903, 1892-01-01
lVIDEND WILL BE PAID
vratn or cEoEoIA DISPUTE ENDS
lerican Tobacco Company Dividend De-
clared- State Republicans Writhing
Under Thelr Defeat.

Ar INV YoRE BUREAU RfcH1ovD Tf1Es.
the Doe' o. '''i
m, President Imam came down town to-day
cd BECAUSE Of the condition into which affairs
~ - ,'ad been brought through The action OF the
r blichmond and Danyille company in refusing
o. q pay the dividend on Georgia Central stock.
! lie took the matter up with tho executive
'e committee OF the Richmond and Danyille
Sand reached an understanding at once by
10 wire with President Alexander OF the Georgia
-, Central The executive committee Of tho Rich
=. paond and Danville has accordingly ordered
tie dividend 60 be paid % once and al other
obligations under tho lease as they mature.
The lease calls for arbitration ana ths mas
been decided upon. lending the issue me
Georgia Central has put u escrow with the
Central Trust Company stock o. the new
England Steamship Company valued ~
S1.O10.Co0. There viii be an invest CATION ana
an adjustment OF accounts. and u the clam
of the Richmond and DanYlhe management
that the Georgia Central owes seO1.O0g OF
over is found 10 be true the debt VIII be taken
care Of
CENTRAL or GEORGIA DIVIDEND.
The quarrel in the Richmond Terminal
board over tho Central OF Georgia dividend
has drawn out some very bitter discussions
, among insiders Some weil-informed people
say il is plan adopted By the Terminal man
ngement to discomht The bankers VINO loaned
the Contra. Com any money 20 ~ us noSt-
Ing debt on terms which arc now found 70 be
extremely burdensOme 10 the company. ten
uemen thoroughly familiar with thes Ceutrai
Of Georgia and Terminal s. airs say
THE Central is q very powerful and rich
coronation and can doubt ess take care Of
itself even when handcappe d by the methods
pursued bv the parties now m control OF the
Terminal COMPANY The blow dealt no the
credit and future Of the Terminal company
by this transaction is beyond calculation
A,uaicAN TOBACCO coMpASY.
The American Tobacco Company directors
have declared quarterly dividend OF Z per
cent on tho preferred stock payable at tie
Farmers Loan and Trust Company on tebru-
AIRY sd 10 the holders Of record January ith
The transfer books viii be closed on January
eth aud will reopen on February 4th.
THE REPUBLICAN ULTImATUw.
The meeting held last night in the Fifth
Avenue Hotel which was attended by OK
Senator Piatt. Senator Hiscock, Colonel
bliss Collector Hendricks and other prumi-
nent Republicans. has not disturbed the
serenity oil Governor Hill and his Democratic
friends. 1t is expected that the kepub-
licans will make strenuous Efforts
70 secure legislation Ia the Sen
ate. and try hard to prevent
ACKNOWLEDGEMENT Of the State, but it can be
safely predicted that Iieutenant-Go Governor
Sheehan. rs presiding officer OF the senate
and the Democratic majority in that body
will DO equal 10 any emergency that may
arise.
pLATT BLA1fFs REED.
IT was accepted as q fact by the Republican
leader that Senator Edwards. no matter how
he might vote during the session. would
certainly help the Democrat members 70
organize the chamber
MIR platt has surprised every one by at
tributing the disaster to Mr.. Reeds autocratc
course in the last Congress. lie sand plainly
n that the Republican party had gone mad IN
'.attemptiug to follow Mr.. Reeds illegal
tcourses.
TO LAND THERE no MORE.
IS To-day closes tho life Of the Barge Office,
'nNew York as a landing place for immigrants.
;and tomorrow the immigrants Will hrst step
. on American soil on Ellis Island.
sflsrt ~ g1f ~