The times. [volume] (Richmond, Va.) 1890-1903, 1892-01-05
THE TERMINAL TROUBLES
norm or THE cAIDoUss ARE oUsTED
The DIssentions Cause a Drop In the Price
of tho Stock I'm Wall street-siavin
Didn't Pat Up-New York rews.
NEw YORK BUREAU. RICHMOND TTMys,
Ian 4 1907

Jan. 4, 1892
The board Of directors of tic Richmond
Terminal Company held meeting to-day 10
receive the report Of the Georgia Central
stockhoiders' election. which was held this
morning in Savannah. Some other business
was also transacted. After the adjournment
Secretary A. J. Kauh gave out the following
for publication: Tho annual election OF the
Central railroad Of Georgia was held to-day.
Nine members Of the old board were re-
elected. -Four vacancies which have occurred
by death resignation and otherwise: were
filed by the election If }. G. Maben. OF new
York, and General CT. VI. Sorrell. Genera ~.
Il. Jackson and Sir. q. j. Mills. al Of SaYan-
nah.
LARGKsT GTOCKuOLDER5
The last two gentlemen are the. largest
stockholders Of tho Central road IN the Sl@'o
OF Georgia.
The directors Of the Richmond Terminal
Company have acted in this case u the same
way that they will act IN the Richmond ana
DanyIle election tomorrow ana lh IIe ei0D-
tons OF boards Of tho smaller leased rCaus-
that Iis. al boarC Of directors now eiectel
are % hold Office only until the stockno.deT7'
committee Of reorganization. Of when DIR
Oicott IL chairman. shall submit us plan ana
the stockholders vote upon ~
GUSHING o. THE cAIuoUSs.
The omission % put the names Of John c.
and Pat Calhoun on the ticket for &c Jrga
Central directors is regarded As tie first step
OF the fhOma8-Brce party - eGcluce lAe
Inman faction from any hand IN tie manage
ment Of the Richmond Terminal properties.
Pat. Calhoun has resigned a. general South
srn counsel for the Richmond Terminal sys-
tom. and j Ohn Calhoun has issued q pubic
protest against the course pursued By the
mon now ID control, and no says that re snail
Tema in the directory u protect the inter-
ests OF the security holders who are not IN
sympathy with General Thomas policy.
wEAKESs THE PRICE OF STOCK.
Meanwhile this new dissenton weakens
the price Of stock. which dropped to-day
from ~ 10 49,. At their meeting to-day
the directors Of the Georgia Central road
abolished the Office of general Southern cOun-
SCI on the ground that II has proved 10 be
useless ana an expensive luxury. There are
many persons IN Wall street who THINK o. at
the Calhouas have been treated somewhat
cayaliery in the matter. Both are known TO
be mon who are apt 70 insist upon
their rights as they conceive them. Nhether
they will institute steps 10 embaIras' the men
who ousted them from their positions ls not
known John c. Calhoun declined TO discuss
the matter this morning. II IS evident
though. that there Is great deal OF bitter
feeling among tie men who have been man
aging the ponderous affairs of the Richmond
Terminal Company.
The earnings Of the Norfolk and Western
railway for the fourth week in December
shows 80. 957 increase, for tie month. sll2,-
III increase for the year, .G2l,li3 increase
DEATn or R. ~. DONNELL.
r. ". Donnen Of the banking firm Of Don
nell. Lawson a. Simpson, of No TO- Broad
way, died at his house M tins city to-day of
heart failure. Mr.. Donnell was born iu
Greensboro. n. c.. about seventy years ago.
and at an early age went TO Missouri settling
IN ST. Joseph. where he established "A large
mercantile business. lie subsequently went
20 Montana where lie engaged ln the banking
business In $50 he came 10 New Y OTk and
founded the present firm.
sLAyIN DDN'r PUT UP.
Neither Slavln nor his friend, Charlie
Mitchell, put IN an appearance to-day to
meet Charley Johnson, John T.. Sulliyans
hacker and cover the deposit Of $500 made
by Johnson some weeks ago. After waiting
"A good half hour for them Johnston drew
down his forfeit money and lett the office
He is ready b Pat II APP again at any time
the Australian can induce some one to bach