The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-03-01
MAY BE OUT TO-DAY.
GEN. ALEXANDER'S OPINION OF
THE REORGANIZATION PLAN.

BE Does Not Believe the Plan Ees
Dropped Through and Looks for
It's Announcements ANY Time = 6e
Says he Knows Nothing of the
Proposition of the Savannah. Ameri-
Gus and Montgomery Road to Buy
or Lease the Savannah. and Wes-
tern.
Gen. Alexander is back from New York.
He was seen yesterday with regard to the
forthcoming reorganization Of the Rich
mond Terminal he said be is not posted
upon the affairs of tbs Richmond Terminal
and knows nothing further than what he
has seen In the newspapers He expressed
several opinions. however, with regard to
the probable action Of the company.
Gen. Alexander attaches no weight to the
reports to the effect that the plan Of reor-
ganization has dropped through, and that
there will be no report Of the Olcott COM
mittee.
There will certainly be a report" he
said. II should not be surprised to see it
announced In the newspapers any day now"
PRETTY NEARLY RIGHT.
Gen. Alexander said he believes the out
line OF the plan which will be recommended
by the committee, and which was published
some time ago, is a fair estimate of what
the report will be. The statements Of what
will be reported by the committee are
generally true, he believes, though the plan
Will doubtless differ in minor particulars
Gen. Alexander said the claim of the
Georgia Pacific against the Central railroad
Tor SS4O, 900 is practically disposed of. No
report has been made upon IL, but 10 ia
understood that the claim has been stopped.
Gen. Alexander says be does not expect to
hear from IL again, except, perhaps, some
items with regard to the completion of the
MoblIe and Girard extension. He said when
he went to New York to present the
statement of the Central railroad in answer
TO the claim that the accountant of the
Richmond and Danville at Atlanta was sick
with the grip and could not meet him. His
statement, with his explanation, was &C.
cepted and he believed it was regarded as
satisfactory. He has heard nothing further
from it
THE SAM ROAD DEAL.
Gen. Alexander was asked about the
proposition Of the Savannah, Amerious and
Montgomery railroad TO buy or lease the
Savannah and Western railroad from Mel
urlm TO Lyons. He replied that he had
heard nothing of it except through the
newspapers, and did not know that any
such proposition had been made. 1t might
have been made. he said, to the Richmond
aud Danville officials, but if 30 he had heard
nothing of it.
what company will have to take final
action upon the propositionp
ten. Alexander replied that il the propo-
sition was merely to lease the Savannah and
Western, speaking without any mature
consideration, be thought that the matter
could be transacted by the Richmond and
Danville Railroad Company, as the present
lessees OF the road, provided the fee simple re-
maios in the Central Railroad and Banking
Company. The Savannah and Western can
not be sold, he said, without the consent of
the Central railroad, In which the title
rests.
Gen. Alexander declined to express any
opinion as to the proposition or what action
Will be taken by the Richmond and Dan
vile Railroad Company in case such a
proposition has been made,