Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1894-06-19

HE ~Dl HtkN -halI.N Az Ap.-ID he
organi2ation of the Southern Railway
company Ohe successor of the Rich
moud and Danyilie Railroad Company,
Was perfected in Richmond Yesterday
b, the execution and delivery of the
enrcial masters and receivers deeds To
the new corporation, and by the execu-
non of the articles of association by
llessrs. Coster and Thomas, the pur-
chasers of the railroad, aud their asso-
GATES. Messrs. Spencer, Andrews, Stet-
son and Even. The deed was filed
and recorded in the Chancery Court at
, o'clock, noon, and the articles ut
$50 p. m The incorporators consti-
ta.ed Messrs. Spencer, Coster, An
Grews. Stetson and Even TO be drec-
lors. and Samuel Spencer to be presi
dent of the new company. The general
offices of the new company are estab-
i-hed III Richmond.
At the first meeting OF the board of
directors of the new company, officers
we're elected, who will assume their du-
ties on the morning of July LIST, when,
pursuant TO the Courts order, the prop
critics of the Richmond and Danville
Railroad Company will be turned over
by the receivers to the new company.
The Southern Railway Company as
sumes the leases of the Atlanta and
Charlotte Air Line, Western North
Carolina Railroad, Washington, Ohio
and Western Railroad Piedmont Rail
road, and North Carolina Railroad.
Under the plan of reorganization Of
the companies embraced in the old
richmond Terminal system other lines
will be brought in later, as the several
legal formalities are carried out.
The officers of the new company
elected yesterday are:
Samuel Spencer, president; A. B. An
drews, second vice president; w. II.
Baldwin, jr, third vice president, w.
A. c. Even, secretary; John w. Hall,
treasurer; George S. Hobbs, auditor.
The offices of first vice president and
general manager are yet vacant, but
will probably be named brfore the Off
GERS already elected take charge.
A permanent board of directors will
be elected later
1t is also understood that Captain
Green will be continued as general
manager and Mr.. Sol Haas as general
traffic manager.
Indeed, it is believed that there will
be no material changes in the PERSONAL
of the company. An interesting fact
that Will be news to the general public
is that Morgan & Co., and DreXel, Nor
gan & Co., represent the Nanderbilts,
and the Yanderbits now control both
the Chesapeake and Ohio and the Rich
mond and Danville routes.
Mr. Henry Crawford, counsel for the
in the suit under which
the sale of the road was made. said yes
terday that the policy OF the new Gem
pauy would be very liberal to the
south. That the road would be put in
irst-class condition and run ON business
principles, but that the great aim ofthe
company would be to build up the
country through which the road passes.
He believed that the south was or the
eve of great industrial activity, and
that the Southern Railway Company
would be great factor in the work Of
Development.
The Baltimore Sun says: One OF the
results of the reorganization will doubt
less be the early completion of the road
now in course of construction by the
Baltimore and Ohio Company from q
point on the Metropolitan Branch,
seven miles west OF Washington. to the
Virginia Midland Road. near Fairfax
Court House. Considerable work has
already been done on this branch.
This connection would make the Balti-
more and Ohio Road independent of
the road between Alexandria and
Washington, where it has been at dis
advantage so far as its southern business
Is concerned.