The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-10-08
ARRANGING THE TRANSFER
Col. Henderson and Other F. c. { P.
Officials in the CITY.

The Florida Central and Peninsular
Has Bought the Stock of the South
Bound outrisht-The Transfer Only
a Matter of Day or Two-The savan-
nah Extension Being Pushed Rapid
ly to Completion-Not over Forty
Miles of Track Yet to be Laid.
Col John A. Henderson, vice president
of the Florida Central and Peninsular
railroad, spent yesterday in the city. The
object of Col. Henderson's visit is be-
lieved to have been TO make final arrange
ments for the transfer Of the South Bound
railroad to the Florida Central and PENN
sular railroad. Col. Henderson said last
night that the transfer would take place
in very few days and it is understood
that the transfer will be made this week.
The transfer as already announced is
sale aud not a lease. The Florida Central
and Peninsular railroad buys all the
stock of the South Bound railroad and
assumes the responsibility for the interest
upon the bonds.
The price paid by the Florida Central
and Peninsular railroad for the South
Bound stock still remains a
secret. 1t has been reported
that the Florida Central and Peninsular
had also arranged to buy the bonds of
the South Bound railroad. but Col. Hen
derson said this report was incorrect.
WILL BE RUNNING IN A MONTH.
Col. Henderson said that the road from
Savannah to Jacksonville would be in OPP
Grafton early in November. Over half
the track has been laid and the remainder
of the line is ready for the rails The
bridges across the Ogeechee and the st.
Marys rivers are complete and those
across the Satilla and the Altamaha are
nearly complete. AS soon as work is COM
pleted upon the two last named bridges
1t will be matter of only a brief time
before the whole road is ready for opera
ton
The track from this end has. been laid
two or three miles beyond the Ogeechee
river, and from the other end the rails
are right up to the Altamaha. AS soon as
the bridge over that river Is completed
the track layers from that end will come
right to meet those who are working from
this end. In ALL about 73 miles of the
track has been laid, the break being
between a point about 90 miles from
the city across the Ogeechee and the East
Tennessee railroad This will be pushed
to completion probably by the first of
next month.
The distance from Savannah to
JdCkSOuNlll6 DN the L 4OIluh SGubLuA dI0
Peninsular railroad viii be lib miles.
Several trains will be run daily.
THROUGH TO TAMPA.
A through train from Columbia to
Tampa will be put on. This train will
connect with the Richmond and Danville
railroad at Columbia and will make the
shortest time between that point and
Tampa of any train that has yet been put
on.
Col. Henderson was asked about the
reported traffic connection between the
A tlantic Coast Line and the Florida
Central and Peninsular railroad.
He was not disposed to commit himself
on this point, however, but said he did
not think the Atlantic Coast Line would
build connection with the South Bound
railroad, as it is now doing, unless it had
an object in view. This connection from
Manchester to Denmark is now being
built, and will be completed by February.
Col Henderson said, however, that roads
are plentiful further north and the Flor
ida Central and PeninsulaF would have
no difficulty in making all the connections
it wanted.