The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-03-07

has gone into the newspapers. take a similar
liberty, and assert that judge. who. at 10
O'Clock al night, In secret. upon The application
OF a young and comparatively INEXPERIENCED
attorney, without notice or warning. BY one
stroke q his pen sweeps from existence thou
sands Of dollars Of values. OF hundreds Of Inno-
cont people, assumes q responsibility which
would make good man tremole.
PORE BARROW.
ALRxASDKR THE NAN.
A prominent business man yesterday
when spoken 10 with regard TO the Central
railroad receivership said:
81 think Capt Raoul is q very good man,
but believe il the wishes OF the majority
Of the stockholders' here were consulted
Gen. Alexander would be their choice for
receiver. II is well known that be has al
ways looked after the stockholders' interests
authority and influence to protect
them. His action 10 refusing to deliver the
81, 000, 900 worth of Ocean Steamship Com
pany bonds to the Richmond Terminal peo-
pie was very commendable one, and has
not been forgotten. BE Is thoroughly
familiar with all the details Of the Central
railroad business and the policy necessary
10 conduct it successfully. There will prob
ably be petitions Cotton up by the stock
holders to present TO Judge Speer by the
friends OF the various gentlemen mentioned
for the receivership requesting hteir ap-
peintmenEH
BAD IN MANY WAYS.
Mr.. Herman Myerssaid the application for
receiver will have a very bad effect upon
Savannah by reason Of stopping several
railroad systems which are now looking to-
ward here.
"With the present railroad situa-
ton unchanged" he said, ''the Louis
ville9 and Nashville Is almost
Rat fotA he afk~
the line OF the Savannah, Americas and
Montgomery. The Seaboard system is look
ing 70 get into Savannah over the South
Bound. add various other movements of
this kind were on foot unknown to the gen.
erai public. The effect OF the move will be
very injurious in every way"
n Various opinions were expressed by those
approached on the subject. IL was said by
more than Que person that IL the Richmond
and Dan Vile lost the Central railroad It
would be certain TO buy the South Bound
railroad and come into Savannah over that
route. The idea was that they are de-
termined to retain foothold in Savannah.
BETTING ON THE RESULT.
Wagers were made yesterday that the
Richmond and Danville would not contest
the application for q receiver of the Central
railroad.
You see,n said a gentleman who has
watched the matter very closely, "the time
for the June dividends is drawing near and
the Richmond and Danyille hasn't got the
money with which TO pay them. The Gems
trial railroad is hardly earning It's expenses
at present and is not proving the bonanza
that was expected. II the Richmond
Terminal people had gotten control of the
81, 000, 600 OF Ocean Steamship Company's
bonds, which Gen. Alexander refused to
turn over to them, they could have raised
place. As it is they can't afford to run
it any longer, and they will be glad to
drop &C."
Another opinion is that the whole move
Is inspired by the Brice-Thomas party, now
In control of Terminal affairsi who are un-
friendly to the Central, and who desire TO
be relieved of the obligation to pay the
z per cent. dividend annually. that they may
control the railroad without paying the
dividend.