The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-20
AFTER THE GEORGIA ROAD.
Believed That the |. & n. Wants the
Entire Lease.

Entire Lease.
The New General Manager is a Louis
Vile and Nashville Man-Times
Have Been Hard and the Central is
Unable to Pay the Amount Due On
the Georgia Railroad Rental-WilI
the Louisville and Nashville En-
deavor to Get to Port RoyalP-They
have No Atlantic Port and May
| Have a Chance to Get One Through
the Port Royal and Augusta Rail-
road.
| 1t is said that the Central railroad will,
before long, get rid of its half interest in
| the lease of the Georgia railroad in
which it is now in joint copartnership
with the Louisville and Nashville. This
! is the one leasehold interest, too, with
regard to which Justice jackson said
nothing when he passed an order requir-
ing all other leased lines to make answer
to the receiver on thirty days notice
whether they wished to remain with the
| Central or withdraw from their CON
| tracts.
AT all events, it looks as if there was
some foundation for the report that
the Georgia road will soon pass out
of the partial control of the Central. The
statement even goes farther, and says
that the Central will probably dispose of
| it's half interest to the Louisville and
| Nashville, and that they will operate the
entire line.
ANIL. & n. MAN IN CHARGE.
This looks reasonable at least. Gen
| eral Manager Scott, of the Georgia road,
who succeeded General Manager Greene
| a few days ago, is a Louisville and Nash
! vile man, and was put there by that road.
1t IS well known, too, that the Georgia
| road is not earning the large rental which
| is paid for it, and that the two roads now
| operating it are the losers by a large
amount on account of it each year. The
| Central has been unable to pay its share
! of the rental or at least that por-
| ton of it which amounted to dead
| loss, and it may be some time before it is
againin a condition where it can pay it, I'M
| less things should change, and the GeOr-
| gia road be made to earn more than the
| amount of the annual rental. 1t is hard
! to tell definitely, however, what may or
may not be done. President Smith, of
| the Louisville and Nashville, is very reti-
cent about his plans, and, as general
! thing, he waits until he is ready to do a
|
| much about it.
| WAS JUSTICE JACKsON's ORDER INDICATIvE2
If the action of Justice Jackson in leav-
ing the Georgia road out of the order con-
corning the leased lines of the Central
meant that it was the desire of the Cen
| trail and the court that that lease
hold interest should be retained for traf-
fic purposes, it can well be understood
how the retention of the leasehold inter
est would be valuable to the Central, and
that for this reason it would not want to
dispose of it even to such friendly cor
| poration as the Louisville and Nashville.
1t may be the Louisville and Nashville,
too, that will endeayOr to get hold of the
| Port Royal and Augusta railroad in case
the plan of the attorney general of South
| Carolina should succeed in having the
! affairs of that road wound up SO as to ex-
! clude the Central from it's majority owner
ship. 1t is understood that such plan is
on foot and that the state of South Caro-
lima will attempt to have the property re-
| organized in order, if possible, to geti out
of the control of the Central
MAY WANT AN ATLANTIC PORT.
The Louisville and Nashville has at
present no Atlantic port and it may be
that they are looking for this chance. AS
stated before, however, it is we'll known
that it will not be known beforehand
| L
matter. 1t is hardly probable, too that
| Justice jackson would suffer the interests
of the Central in the Port Royal and
Augusta to be confscated. He would, in
all probability, interfere al least as long
as the Central property is in the hands of
the court.
Never were the indications stronger.
| however, that the Louisville and Nash
vile railroad is looking for an Atlantic
port A Geographic dispatch to the
| MORNING News yesterday announced that
a party of Louisville and Nashville di-
rectors, headed by Directors Rutter and
Marcus, would leave New York next Sat
urday for Port Royal to inspect the Port
Royal and Augusta railroad from til at
terminus. OF course this has been the
talk in railroad circles for years, but this
projected visit gives it the appearance of
being a matter that is near at hand. 1t
has been known to be President Milton
Smiths policy to have a terminus on the
coast for some time, and it is thought to
be his intention now TO get hold of this
property or control of it.
THE CENTRAL's PLAN.
Along with all this it is understood
that to protect its own interests the Cen
tral will make an effort to have this road
removed from the hands of the receiver
who now has it in charge. 1t is said that
Receiver Conner is trying to have the re
ownership of Mr. j. H Averill annulled
Tor the purpose of getting that road again
under control of the Central, and if unable
to do this that he may endeavOr to have
appointed a receiver who will carry
out the policy of the Central rather than
one which would be, to the interests of
Port Royal as against Savannah. How
ever this may be it certainly looks as if
there were something new in the wind so
far as the railroad situation in this sec
iC q 6oto
changes of an important nature are
anticinated seems not afar of