The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1894-07-14
AN IMPORTANT MOVE.


Plans of the Proposed Consolidation OF the
Eastern Shore Railroad and tho
Maryland Steamboat Company.
Tho movement sometime since -
Baltimore looking toward the roGugeta
ton of the Baltimore and Eastern Shore
| Railroad Company is again attracting
attention from Che ramon that the con
scidGtion will take in tho Maryland
Steamboat Company, The Baltimore
SIM il It's issue of Wednesday gave the
matter considerable Importance and
which article was in part as follows:
Nj Joseph 3. SoJh, who was one of
tho promoters Of the Baltimore aud
Eastern Shore Road. said: The syndi-
cate has been ma1e up in New York and
is strong enough to carry out its plans
and place the railroad property on q
solid basis. Il has been organized with
$780, 600 This money will he used in
paying Off existing liens, The receivers
certificates which have been issued to
keep up the road and to make needed
improvements 90 the roadbed and rolling
stock" 1ir. Geth added that the syndl
cate is likely also e. buy the Eastern
Shore Steamboat Company for consoiida-
ton with :he road,
This is in outline tho enterprise that
was discussed am0ng these Interested in
tic move Il IS to make consolidation
OF the Baltimore and Eastern Shore |
Railroad, the Choptank Steamboat Com
pany, which it already controls, having |
purchased it some months ago. the
Maryland Steamboat Company and the
Eastern Shore Steamboat Company.
THIS will give She company controlling |
these lines almost = monopoly Of the |
Eastern shore trade, as they are the |
largest concerns now operating as com-
mon carriers directly between that sec
ton III Baltimore.
Tho question Of consolidating these |
lines has been mooted here for some |
time past. 1t was started about two
years ago, but no agreement as to price
and terms could then be reached and the |
matter was dropped. 1t was reopened |
again when the railroad absorbed tie
Choptanb Limo.
Negotiations for tie purchase Of the
Maryland Steamboat Company woro |
reoPened about two weeks ago. and it is
said by those 10 position 10 speak that
81 i FIJI al hot
the steamboat company will change |
hands as sooa as the proper inventory OF
its property Gu be made aud the transfer
affected. Il IS said by those oa one size
of the deal chat guarantee fund of more
tnan 500. 600 to bind the sale has been
deposited with = banking house in New
York
The Baltimore and Eastern Shore
Railroad had been discussed for many
years in the lower counties on the
Eastern Shore long before it was built.
1t was vigorously pushed by Mr.. Joseph
B. Seth, Who finally succeeded i'll enlist
ing tie aid and financial support of ex-
GOV. J. Z. Jackson, Mv. Tteophlus
TUnis aud others in that section y'h0 had
business interests il this city with which
the road was intended to make direct
connection. The matter took tangible
shape in 1856, and tho road was built and
operated from Claiborne, in Talbot
county, to Ocean City, in Worcester
county. Its connection with Baltimore
Short Line Road and branch built by
the Baltimore aud Ohio from Anuapoli.
to Bay Ridge From Bay Ridge to Clai-
borne, across tho Chesapeake bay, tEe
connection Was by boat.
The road was built by Post, Martin u
Co., of New York, who are said to have |
lost much money III the enterprise and
who are nov interested in tho enterprise
to rasuScitatc the property SO that they |
may be able TO save some Of the money
they now have tied up il is securities.
Ia 1891 the road was placed in the
hands 0g a receiver by order of the court
and Mr.. Willard Thomson, q? Delaware. |
was made receiver. lie has since nFer-
ated the road. Soon alter taking charge
he discontinued the Western Shore rail
connection and transported passengers !
and freight direct to Baltimore by
steamer from Claiborne.
4 project is now pending to extend
the road from EAston TO Chastertown,
where a connection viii be made with
the Elkton and Southern Road, which is
to be- built from Elktoa to Lsmbson's,
on the Baltimore and Delaware Bay |
Road. THIS road is also to be extended |
to Child's Staten, on the Philadelphia
Division OF tho Baltimore aud OAio,
giving the Baltimore and Eastern Shore
Road 4 rail connection with Baltimore
by means of tho Baltimore aud Ohio.
The Baltimore and Ohio and Jersey Cen
trail Roads are said to be backing the |
project, and it is also rumoced that they |
are behind the consolidation OF the rail
road and steamboat lines which is now |
being effected.