The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-06-11
An ORDER FOR THE RENTAL.
The Augusta and Savannah Road VIII
Ash Judge Jackson for It's Money.

A Meeting Of the Directors Held Here
Yesterday Morning to Take Some
Action in Regard TO the Unpaid
Rental Which Was Due June ga
Resolution Passed to Ask Judge
Jackson TO Order 1t Paid-Mr. Frank
H. Miller Appointed to Prepare the
Petition-AIl the Directors Present.
A meeting Of the directors Of the Au-
gusta and Savannah railroad was held
yesterday morning In the Office of Hull g.
Lathrop to take some action in regard to
the rental due that road by the Central
on June 5, and which is still unpaid
The board is composed of Messrs. Weed,
Hull, Miller, Thomas, Col. George Owens,
Gen. A. r. Lawton and DR.. W. S. Law
ton, all Of whom were present at the
meeting.
The annual rental of the Augusta and
Savannah railroad amounts to $4,000,
which is payable in semi-annual INSTALL
ments of S36, 800, The rental was paid all
right up to Dec. 5, 1899, but when it fell
due June s this year the money was not
forthcoming Consequently meeting of
the directors was called to take some &C
ton in regard to it.
A PETITION TO JUDGE JACKSON
The directors passed a resolution to
present petition to Justice jackson
when the Central railroad litigation comes
up here on June 26, asking him for an
order requiring the receiver to pay the
amount of the rental due The resolution
also provided for+he employment of Mr..
Frank H. Miller as counsel for the road to
take charge of the matter and present the
petition to Justice jackson.
One of the directors said that they
thought it hard that the stockholders did
not receive their rental when the prop
erty was making more than it amounted
to. The annual rental, he said, is only
$73, 900, while he knew that the gross
earnings for 1892 ran up above $23S, 900.
He said he did not understand how it was
under the circumstances that the receiver
could say that he could not pay the rental
because he did not have the money, when
the figures showed that the road was
earning it. They did not propose he
said, to let the debt remain unpaid if
there was any possibility of getting an or
der requiring the receiver to pay it,
Therefore they decided to ask Justice
Jackson to order it paid.
THE PORT ROYAL AND WESTERN CAROLINA
The people of Laurens, S. c., are very
much interested in the recent litigation
over the Port Royal and Western Caro-
lima railroad. Laurens county it seems,
owns $780, 900 of stock in the road. Some
of the people in that section have ex-
pressed their dissatisfaction at the con-
solidation of the roads which now form
the system.
The stockholders in that section of the
state express some little dissatisfac-
ton at the way in which the Central has
operated the road, though upon what
particular action of the Central they base
their complaint they fail to say They
seem highly pleased with the appoint
ment of Mr.. Cleveland as receiver,
and one of them has expressed the opin-
ion that they will have better ser
vice and that the road win be more
economically run. Mr.. S. B. Dial of
Laurens, one of the stockholders, said in
an interview the other day that he
thought the result of the litigation would
be that the lease to the Central would be
broken that large amount of the. bonds
would be declared invalid and that the
stock would become of some value.
1t is probable that the accounting de-
partments of the Central and the Port
Royal and Western Carolina will be sep
arated, and that that of the latter will be
kept in Augusta. Under Judge Simon
toms order, however, the two roads will
be operated together in all other respects,
and the Central will continue to furnish
it rolling stock.