Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-07-23
A pos SlBLE SAL e
Congress Heights Syndicate May Buy
Anacostia Railroad
Likelihood of Radical Changes In the
Road of Many Strikcs-The
Gentlemen Interested.

Owing to the recent strike OF the en-
ployes of the Anacostia Railroad Company
and the tie-up of the road, public attention
has been more or less directed to that road,
and one of the results has been the reviVai
of rumors in regard to its SALE 1t IS be-
Heved that Mr.. Griswold, the president OF
the company who also owns the controlilng
interest in the road. is willing to dispose OF
it providing that he can get satisfactory
offer. From something that Mr.. Randall.
who represents the syndicate that owns
Congress Heights, has said 1t Is inferred
that he looks upon the Anacostia ROAD WIN
the eyes of possible purchaser
Yesterday Mr. Randall was talking with
two acuuaintances on the street when MT.
John E. Herren the president OF tne N SiI
tional Capital Bank, passed along. MI.
Herrell knew the men Mr.. Randall was
talking with and stopped to speak WITH
them, and in this way for tne nrst 'i Ms
made the personal acquaintance Oh MI.
Randall ...4
In the course of the conversation that
ensued Mr.. Randall remarked that ne nau
500 600 which was available for the pur-
chase of the Anacostia road Mr.. Herren
told him that he did not own a dollar
worth of stock in the road, and, as MI
Griswold owned the road, the latter "ouAa
be the person 20 talk to.
In speaking Of tho matter this morning
to a reporter Of The Star, Mr.. Herrell said
that beyond the conversation outlined
sbove he had no knowledge of Mr. Ran
dalIs plans or of those whom he represent
ed: neither did he know whether Mr. Ran-
dali had taken his advice and made his
offer to Mr.. Griswold. He had seen Mt
Griswold since Mr.. Randall had mace ms
ing to him in regard to an ef1er Delns
made for the road.
Mr.. Herrell was of the opinion that If the
road were sold the deal would not be con-
summated right away.
Mr.. Herrell believes that by making lew
changes and by the Introduction of the
trolley on the suburban portion of the road
it could be made to do good business.
His idea Is that The trolley portion of the
road should begin from the Anacostia side
of the bridge. extending through Anacostla
to Congress Heights and then along the
ridge of the hill through Garfield, Hilisdale
| and Stantonrown to the property along
Pennsylvania avenue extended Wnere
Overlook Inn s coated. and so on back to
the Anacostia bridge.
Then horse cars could be used over the
| bridge. following the present line OF the
road up 18th street. along NJ. west to Sth
street, where the Navy Yard line Of the
Washington and Georgetown cable roao
| begins. then continuing west along NJ
| street to Az street. and to 9TH street. where
connections could be made with the rapid
| transit line of the Metropolitan company
/ and with the It'll street line of the Wash.
| ington and Georgetown road.
| He Is of the opinion that with proper
| transfer facilities at these points, giving
| direct communication to the center of the
| city. the remainder of the line of the road
! within the city limits could, with ad.
vantage. be abandoned. He believes tina
| if the changes in the operation of the roa6
| are made as indicated 1t will not only
provide ample facilities for the large popu
| lation in ard around Anacostia, but also
prove of advantage to the owners of tn,
| undeveloped property in that locality.
| In addition to the stock of the road
which amounts to 1000 shares, with pal
| value of $50 share, there have been ISSUED
| 100000 in first mortgage bonds and 500.
| COO in second mortgage bonds The con
| trolling interest in the road is, therefore
about sol shares of stock.