The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-02-10
THE ROAD SOLD.
Jersey City Interests May
Now Take a New and
Booming Start.
RAPID TRANSIT A CERTAINTY
P. R. R. Transfers Control Of
the ]. c. & B. to John D.
Crimmins of New York.
How the Sale Was Ratified by the
United Railways = Plans
of the New Concern.

The control of the Jersey City and
Bergen Railroad has passed into the
hands of syndicate. The deal which
has been under consideration for some
time, was consummated yesterday after
noon. The controlling stock will be
transferred to the new owners In day or
two, and the new management Will take
hold.
There will be no immediate change in
the direct management Of the road, ana
there may not be any at all as there Is an
impression in certain quarters that MI.
Charles B. Thurston will be requested TO
remain in his present position.
CRIMMINs THE BUYER.
The sale was made yesterday to Mr..
John D. Crimmins personally, but Mr..
Crimmins, of course, is not making
personal purchase of the road. he Is
President of the Metropolitan Traction
Company of New York, which now con-
trolls the Broadway and other surface
roads, He is the representative of the
Philadelphia Syndicate, in which are
Messrs. EIkins, Weidener and other
Standard Oil Company capitalists. B.
NJ. and ]. F. Shenley, the well known
contractors, are also concerned in it.
The negotiations for the gale OF the
road have been pending for several
months. The Pennsylvania Railroad
Company was entirely willing to dispose
of its interest, but as it did not own the
stock. the actual owners had to be con-
suited. The real owners are the United
Railroads OF. New Jersey. and they leased
il to the Pennsylvania Railro ad Company
or period of 800 years at the sams time
that the steam roads were leased. The
Directors of the United Railroads had
therefore to be cons ulted about the pro-
posed sale. They met yesterday and con-
sented TO the sale. thus cons ummating
the deal.
THE SALE EFFECTED.
ST understand the sale has been prac-
tically effected, said Mr.. Thurston this
afternoon to NEWS reporter. The
Pennsylvania Railroad Company's holdi
lngs have been sold to Mr.. John D.
Crimmins direct. Mr.. Crlmniins, have
no doubt, represents others. He is Prest-
dent of the Metropolitan Traction Com
pany. have not received auy informa-
ton as yet ns to the terms of the SALE"
1t is the intention of the new manage
ment to make extensive improvements in
the service More cars will be put on
and better time will be made. The troll
ley or some other system of rapid
trsn,it will be extended from the
Montgomery street to all the other lines.
Communication will be established be-
tween points which are not now readily
accessible. Mr.. Thurston is perfecting
plan of transferring passengers, which
will be great benefit and convenience to
the travelling public. The plan provides
for transfer by tickets fr ON one line to
any other line at any point wher the lines
intersect. Take for instance
passenger from Greenvllle who
wants to go to Lafayette. Under the
present system he must take two cars and
pay two fares. Under the plan proposed
by Mr.. Thurston, the passenger can pro-
cure from the conductor of the Greenville
car, a transfer ticket which will carry
him on the blue car down through Laf-
ayette for one fare.
In the same way a passenger from the
Hill section, the Court House, for exam
pie. can be transferred to the Greenvilte
car at the junction without extra fare.
So with a passenger from the Hill who
wants to go to the Pavonia ferry. He can
come down Newark avenue and transfer
at Erie street. This is only one of the
many improvements Mr.. Tnurston has
in contemplation. II he remains in the
manag ement, he will try to nuke it con-
dition that he will be permitted to carry
out his plans for the improvement Of the
service. He will be in full accord with
Anything the new management desires to
do in that direction.
n ID upArIIV Aiur pnEn