The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-01-10
THE MACON SHORT LINE.
JOHN R. YOUNG PRESIDENT OF
THE NEW ORGANIZATION.


A Board OF Directors Chosen But nc
Plans Given Dut-Judge Speer Signs
the Checks tor the Distribution OF
$4,000 to the Attorneys and Sub
contractors of the Macon and At.
lantic and Winds Up the Long Liti-
cation.
President John R. Young Of the Atlantic
Short Line has returned from Macon. Mr..
Young, 1t Will be remembered, was the pur-
chaser of the properly of the Macon and
Atlantic railroad and that Of the Mac n
and Savannah Construction Company at
the sale in Macon several weeks ago by
order Of the court. The price paid was
about 100000.
The old property was reincorporated &C
cording to law under the name of the At
lsntic Short Line. a meeting of the own
ers was held in Macon Saturday for the
purpose Of organization.
The following directors were elected:
Maj. ]. F. Hanson, Il. J. Lamar and r. H.
Plant Of Macon; W. L. Strong, Solomon
Stein and Henry Rice OF New York; l. l..
Mckee o. Memphis and Lewis KRytOn and
John r. Young Of Savannah. Mr.. Young
was SACShcA bASoaNoAN
NO PLANS GIVEN OUT.
Mr.. Young declined to make any state
ment whatever OF the plans of the new
company, nor would he give any intima-
tion of what il proposed doing IL is sup
posed that the plan will be TO complete the
Atlantic Short Line from Savannah to
Dublin to connect with the Macon, Dublin
and Savannah railroad from Dublin to
Macon. This would give short route to
Macon through a very fine territory.
In the United States circuit court yester-
day Judge Emory Speer signed checks for
the distribution OF $4,000 to Messrs. Steed
q Wimberly, Hill, Harris & Birch, and
Hardeman and Nottingham, attorneys for
numerous subcontractors of the Macon aud
Atlantic, which winds up the famous liti-
CATION over this railroad, in which J. s. Nc
Tfghe q Co., the large railroad con-
tractors, figured consDicuously, aud Mai j.
+. Hanson, Col. Henry J. Lamar and other
gentlemen Of Macon also figured as sureties
who were caught on a bond for $50 90
Various phases of the litigation were pend
ing in the superior court of Bib county,
Georgia, and also in the United states court
at Macon.
JUDGE sPEER's DECISION.
Judge Speer rendered a Judgment
against the sureties named in favor Of
the subcontractors, after q holly contested
nRubs huu AZ Oue tiIn6 II seemed probable
that these gentlemen were to be very heavy
losers. They. however, through their at
torneys, Messrs. Marion Erwin and r.
w. Patterson, filed bill in the
United. States court putting McTighe
q Co., the plaintiffs In the
state court litigation, themselves in the
hands Of receiver, and obtained decree
for the sale Of the entire claim Of McTighe
a. Co. against the railroad. At this stage
of the proceedings Mr.. Young, represent
ing number of bondholders Interested in
che road, stepped In and arranged a COM
promise between the various interests. and
the order Judge Speer made Yesterday
closes the compromise finally and dismisses
the last Of the pending proceedings. The
syndicate represented by Mr.. Young now
holds deed from the comm issioners Of the
superior court Of Bibb county who sold the
road in the interest of the reorganization.
The sureties. Maj. Hanson and Others,
above mentioned have been successfully
protected and the litigation has terminated
20 the satisfaction of ali parties concerned.
The subcontraotors will now be especially
reloiced in receiving so large a sum.
This insures the completion Of a new line
of railroad between Macon and Savannah
IN very short time, either as an independ-
eDt line or as a connecting line with the
Macon and Dublin railroad.