The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-04-02
MOVING ALL RIGHT NOW
PRESIDENT Conner GONE TO SEE
TIE RICHMOND AND DANVILLH.

the Object of His Visit co Atlanta.
Rumors as to What the Terminal
People Will Do-Lswyers Rountree
and Erwin IN Town to Confer With
the Centrars Attorneys-The South
Bound People Satisfied With the
Situation.
Every thing continues bright in Central
railroad prospects and President Conner left
last night for Atlanta, where he will meet
General Manager Green OF the Richmond
and Danville and consult him upon matters
relating to the final separation Of the Cen
trail and Richmond and Dauville. Possibly
be will have time 70 consult with the other
ficIals of the Richmond and Danville with
regard TO the settlement of accounts be-
tween the two roads
President Conner said, however, that this
is one of the matters that will keep until
more pressing matters have been disposed
Of He will only remain a short while
in Atlanta and will come on back
90 Macon to-day, where he will consult
with Judge Speer upon various matters
pertaining to the control and the operation
of the Central, possibly upon the question
Of postponement Of the election ordered for
directors for May 16.
WOULD LIKE THE NATTER SETTLED.
The present board Of directors does not
apprehend any opposition, but the members
think the sooner all elements of uncertainty
are removed from the situation aud puolic
confidence restored, the better 1t will be for
all concerned In Central affairs, especially
the holders Of its stocks and securities.
"We are progressing carefully and scru-
tinizing everything closely before taking
any steps. said President Conner before
leaving for Atlanta. 1--WE believe that with
q careful, practical and economical admin
istration Of affairs the Central can be placed
upon arm basis. We understand that We
have dull season before US and that 10 viii
require careful management 70 make both
ends meet, but we think with the improve
ment Of business that will come later on the
Central will obtain its full share and main
tain its position IN the railroad world"
PRESIDENT CONFER ON TIE RUMoRa
With regard to the reports afoat as 10 the
proposed action of the Central directors,
President Conner declined to say anything,
oharacterizing them as mere rumors.
1t is reported in railroad and business
circles and is generally believed that the
Central directors or receivers TO understand
that they will offer no opposition to the pro-
posed plan Of reorganization and win throw
no obstacles in the way OF Its succesa On
the other baud they intimate that they are
ahxious for the plan 20 sicceed and will REM
der any assistance that is within theft
power.
Business men are Of the opinion that the
Terminal people have come TO the oonclu-
sion thatlf they ever expect to realize on
the four million and odd dollars OF stock
they hold that confidence in the Central
must be restored and the road pitt upon
paying basis. Uhtil such is the case, 10 will
be impossible for them to sell their stocks
and securities.
TOO BIG LUMP TO LOSE.
-Four million dollars is too large q sum to
lose on account Of any sentimental or other
considerations, and the Terminal people ale
not in position to lose it either.
1t is thought that they desire TO sell their
holdings as soon as they oan get anything
like their former value. Such being the case,
1t would be TO the advantage of the
Richmond and Danville to form an alliance
with the Central aud turn over to IL all
traffic 10 this direction over its lines. Es-
pecially would this be the case IL the East
Tennessee, Virginia and Georgia railroad
pulls out from the Terminal combination as
1t threatens to do.
The order appointing Milo Freeman
auditor Of the Central, issued by the con-
troller, Mr.. Mcintyre, was received In the
city yesterday.
SOUTh BOUND PEOPLE SATISFIhD.
The South Bound people are very COM
placent over the present railroad situation !.
The road is doing very good business, and
their recent traffic agreement with the
Richmond and Danville is proving very
profitable 10 them. AS long as the
Richmond and Danville controlled the Cen
trial said South Bound man yesterday,
the South Bound could obtain no concessions
from it. Now 1t is altogether different, and
the result is very satisfactory to the South
Bound. The road expects 20 handle large
amount Of northern business, both freight
and passenger, by means OF its connections
with the Richmond and Danville. 70 was
also said by South Bound stockholder that
the road will continue its extension north
ward this summer though IL has not been
positively decided as yet.
Supt. McBee said last night that he is GER
tain Of a job with the Central until the
election May 16. His action after that date
will probably be determined by the result
of the election. The superintendents sub
ordinates are very anxiously awaiting some
indication as TO the minds OF the receivers,
as they regard their positions as depending
in a great measure upon the result OF the
superintendent's decision.
LAWYER RoUNTREE sATIsFIED, TOO.
D. W. Rouutree and Marion Erwin, both
of whom are we'll known as the complain
ants solicitors in the celebrated case against
the Central lease, are in the city. Mr..
Rountree, who has become known from one
end Of the state to the other by his case
said last night that he was PERFECTLY salts
fed with the results Of the judges decision.
IL asked for one receiver and instead got
twelve as good receivers as it was possible &
obtain, he said. THAT ought to satisfy
anybody"
Mr.. Rountree said that the object
of the visit of himself ant
Mr.. Erwin to Savannah was to confer will
the attorneys of the Central as to drawing
up certain legal papers connected with thu
case.
Every body is perfectly happy at the de-
cision that | have seem" he said; 1T seemi
to give general satisfaction
THE LAWYERS PART OF 1T.
Mr.. Rountree said that the question o
fees will probably not be touched upon BY
the court until the rendering of the final de
cree. There will be two further steps takeI
by the court. he said, before the case is fln
ally disposed Of The first will he the orde
turning the road over to the board Of di
rectors elected at the election to be held oil
May t. which order will be issued, IL is sup
posed, soon after the election.
The second will be the final decree of tn
court, which will decide as to the validit
Of the lease, the fees of the attorneys an
will make final disposition of the matter
This will probably not be rendered befor
fall. Until it is rendered evidence can b
fled and arguments heard bearing upon th