The times. [volume] (Richmond, Va.) 1890-1903, 1892-08-11
VERY BADLY MIXED.
Richmond Terminal Matters Discussed by
the Advisory Committee

Richmond Terminal Matters Discussed by
the Advisory Committee.
There was meeting of the advisory gem
eral committee Of seventeen in Richmond
Terminal matters yesterday at Work, Strong
Co.'S office. Chairman Strong reported
that he had in compliance with Instructions
reoaived at the last meeting. appointed
Messrs w. L. Bull w. Fl. Goadoy aud II;
J. Morse a committee Of the sixes and
Messrs. George Coppell. I. l.. Manson ana
II. b. Plant a committee OF the nYes. Ihese
oentlemen had been IN communication with
holders of those securities and pur-
posed having meeting tomorrow.
He reported, further. that. through the
action of Judge Newman IN appointing >.
IT, Rucker receiver of the Macon ana
Northern railroad. the interest Of the Rich
mond and Danville and Richmond Ter
minai COMPANIES in that leased road, which
interest had been threatened by Judge
Speer's action. had been properly protected
and would be preserved. he also reported
that Judge Bond had on saturday last
granted an order on the petition OF W. 7.
Clvde and others. authorizing and APPROX
inc the negotiations which had been made
for the extension of the Richmond and
Danyllle floating debt for two years. Inc
order authorized the payment OK the COM
mission and also the accrued and accrulng
seni.annual interest on said loans. 10 d.
rected the officers Of the company to exc
cute contract 10 fulfil the same.
The chairman also reported thar Al ms
request commltte had inYestigsteQ tue
standing of the so-called Dean-Boardman-
Huntington Committee and It's relation 70
this property with q view Of inviting its CO.
operatiop. provided 10 was found 10 have
any actual interest in the property and its
PURPOSES which we're such as this commit
Tee could approve Of The committee, how
ever. reported that m examination OF the
stock books of the company for five years
past revealed the fact that neither DIR. Dean,
Mr. Boardman nor Mr.. Huntington had IN
that time had "a share or stock IN their
names. A similar investigation OF the list
of deposit0rs Of securities with the Central
Trust Company. under the OlCOtt plan OF
reorganization. revealed that none OF these
gentlemen had deposited a sing o security.
Ii would, therefore, appear that these gen
tlemen have no real interest in the property
nor IN any reorganization.
The committee. therefore, reported that
there seemed % be nothing IN the purposes
OF this Dean-B Observation-Disclosures Com
ruittee which could conserve the general
interests of the security holders. The COM
mittee further reported that the mr Hunt
ington. of this committee was not the we'll
known Mr.. Coils T. Huntington. as had
been reported but Mr.. Charles =. Hunt
inpton. a gentleman not known IN the rail-
road world.
A resolution was then adopted requesting
the board of directors Of the Iermldal Com
pany, which will meet to-day. TO call q gen
erel meeting OF the stockholders at the Of
fee Of the company IN Richmond. Va. on
or about September 18th and 20 close the
books of the company az least ten days De-
fore such meeting. AS this committee rep
resents larRe majority Of the stock and Sc
curity holders Is thinks this resolution VIII
be favorably considered and acted upon Dy
the board
Mr.. Huntington refused to talk about the
criticisms directed az his selt-lmposed task
Of recognizing the Richmond Terminal.
c. Z. Huntington said no remembered MS
namesake
Il bought q railroad from him once, he
said. 1T was little fellow the road,
mean. about twelve miles long. ] bought
it with 4 lot Of others and ! don't remember
much about il"
Others recall some of tho members OF the
. Dean-Boardman- committee as
debtors TO the Richmond Terminal system
for many thousands Of dollars. Inc DEBT
runs back nearly ten years.
The recommendation of the Dean Board
man-HuntngtOn committee Deslus I'D Oral
fruit In that petition was circulated among
prominent stockholders OF the Richmond
Terminal Company yesterday requesting tho
board of directors at its meeting to-day 20
call general meet Of stockholders az hich-
mond. Va. 20 elect e new board and take
such steps as MAJ seem best for the protec-
ton of the property. 10 was signed by mold
ers of moro than the amount OF stock neces-
sarv 10 call meeting. The signers are also
holders of large amount OF Terminal
Il ia said that the object Of the Dean
Observation-Disclosures committee - TO re-
move the obstacles which Drexei. Morgan
Il Co. have said stood IN the way OF lust
and comprobensive reorganization. As soon
as the stockholders meeting is called
proxy committee Of prominent mon VIII 90
announced. York World. Aug. lOth'