Birmingham age-herald., 1894-08-21
RAILROAD RACKET. Y SFuture of the C., N. 0. 6 T. ls P. Railway. 2
ANOTHER RAILROAD SOLD
General Manager Green and Mir. Hudson of the Southern
 Here-Other Notes.

With reference to the rumored sale of the lease of the Cincinnati Southern and that the Southern will soon get control of the Cincinnati, New Orleans and Texas Pacific, the Cincinnati Tribune has the following to say:
 The talk to the effect that the lease of the Cincinnati Southern road, which is held by the Cincinnati, New Orleans and Texas Pacific road and has twelve years to run from next October, is to be sold, is all bosh. The fact is the lessee company can not either sell or transfer the lease. That the Southern Railway company will en- deavor to secure control of the Queen and Crescent line is fact, as has been hereto- fore announced. The only way the con trol of the Cincinnati Southern and other other lines in the Queen and Crescent sys- tenn can be secured is by the purchase of the majority of the stock of the Alabama Great Southern road, which road owns the majority of the stock of the Cincin natl, New Orleans and Texas Pacific company, lessee of the Cincinnati Southern.
 The Cincinnati, Hamilton and Dayton syndicate, Messrs. Woodford, Taylor and Shoemaker, own the majority of the Gin cinnati extension bonds. These bonds were guaranteed by the East Tennessee, Virginia and Georgia road, which road went into bankruptcy and defaulted on the interest on the bonds. The bonds were further secured by mortgage on major ity Of the Alabama Great Southern stock. The Cincinnati, Hamilton and Dayton sym dicate is consequently in as good, if not better position than any one else to bid on the property when 1t is sold, as the money received at the sale for the Alabama Great Southern will be divided among the holders of the Cincinnati extension bonds, and the Cincinnati, Hamilton and Dayton syndicate being the holders of the majority of the bonds they cLn bid as much as ap2lHge if they really want to retain the pr
 It is however, believed, as has 6c5 sated in the Tribune, that the Southern Railway company will get the property, either by bidding it in at the sale or through some arrangement made with the Cincinnatti, Hamilton and Dayton syndicate. The ac- lines would make the Southern rail- way'S mileage 1191 miles greater, and make the system the largest in the United States, including the Central of Georgia and other roads yet to be bought in.
 The Queen and Crescent lines would give the Southern railway an entrance to Cincin- nati, New Orleans, Vicksburg and Shreve- port, points not now reached directly. h fact, with the acquisition of the Queen and Crescent lines, the Southern railway would cover most all the territory south of the Ohio and Potomac rivers and east of the Mississippi.
 If the Southern Railway company is suc- cessful, as il is believed it will be, in secur- ing the Queen and Crescentlines, the Queen and Crescent will be operated as separate system, with the closest and most friendly relations existing between it and the Southern Railway company.
 MT. Felton will remain in charge of the Queen and Crescent, but he will be made wee president of the Southern Railway company, which position has not as yet been filled. The acquisition of the Queen and Crescent lines would not put Cincin- nati in position to reach any territory south that cannot now be reached, but would greatly strengthen and round out the Southern Railway system.
 KNOCKED DOWN.
 The Tennessee River, Ashville and Coosa railroad was sold yesterday.
 Several years ago this road was con- structed from Whitney to Ashville, dis tance of a little more than four miles.
 At F o'clock yesterday, in front of the depot at Ashville, an advertisement of the sale was read by MT. J. A. Embry, regis trar and chancellor. He then announced that bids would be received. MT. James H. Little, representing J. E. Zunts, trustee, bid $14 GOO. There were none others forth coming, and the road was knocked down to MT. Little.
 The road, since it was built, has barely year has done comparatively nothing. Just what will be done with the road MT. Little could not say, but there is a probability that it will be completed.
 RAILROAD MAaNATEs HERE.
 General Manager w. H. Green and Mir. o. H. Hudson of the Southern spent four hours in the city yesterday looking after the interests of the Southern. They came over from Atlanta in a special car and left, returning to Atlanta, at 5 o'clock on spe- cial train.
 MT. Green at present is general manager of the Southern, but 1t Is altogether prob- able that after September he will be only general manager of the western division, while MT. Hudson will become general manager of the eastern division.
 THE FIRST SOUTHERN.
 The first Southern engine backed into the Commercial club express.
 The engine was all the attraction while it was in the depot, for it was the first that had been seen in Birmingham. People gazed at it with a lot of curiosity. It was a large passenger locomotive, an old Rich mond and Danville, and had "Southern" on the tender in bold letters.
 PERSONAL AND GENERAL.
 MT. w. R. Jones, travelling passenger agent of the Kansas City, Memphis and Birmingham, has gone to Chattanooga and middle Tennessee for few days.
 Passenger travel is picking up oonsidera-
 ON FULL TIME.
 WHEELING, w. va., Aug. 2O.--A large .A,- -~S~ l. k 1--