Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1896-11-25
THE SEABOARD'S KNIFE
Foreshadows Rate SIashing for
Rights.
PRESIDENT HOFFMAN TALKS
He Demands Fair Treatment and if Denied
Trouble Will Follow
THE ROANOKE AND SOUTHERN SOLD
Knocked Down Under the Hammer it
Brings Half Million and will Be
LEASED to the Norfolk
g. Western.
The ROANOKE AND SOUTHERN SOIL

Baltimore, Nd, Nov. 24,-That a re-
newal of the rate war from Baltimore to
the south Is only a question of short
time, unless the management of the Sea-
board Airline system and the Southern
Railway company adjust the differences
that exist between them, is generally be-
lieved here.
When President Hoffman, of the Sea-
board company, was questioned today
in reference to the prospective renewal
of histilities he would not commit him
self. He intimated, however, that the
Seaboard would begin slashing rates
again If the Southern persisted in its
present policy toward the Seaboard-
that is, denying the latter through pas
senger service between New York and
New Orleans, and RUNNING the line of
steamers between Baltimore and Nor
folk in opposition to the Bay line, which
is owned by the Seaboard Airline.
Il have not outlined my policy, as yet"
said Mr.. Hoffman. Il was in hopes that
when the negotiations for the transfer
OF the control of the property to the New
York people fell through, the Southern
would be willing to withdraw its OBJ
jections to what are undoubtedly our
rights and restore harmony. If 1T does
that of course, we will be satisfied and
trouble will be averted but If 1t ignores
our claims, as it has done, the response
bility must be upon the shoulders of
the Southern Railway company, and not
on the Seaboard Airline. The Sea-
board will insist upon fair treatment,
and If it is denied us, then we shall take
steps to enforce our rights 1t is pre-
mature, however, to talk of another rate
war. For the present l will take no ac-
ton. / will await developments.
ROANOKE AND SOUTHERN SOLD.
Winston, N. c., Nov. 24.-The Roanoke
and Southern railway, between Winston
and Roanoke, Va, 116 miles in length,
was sold at public auction under mort
gage foreclosure at the passenger depot,
this city, at 2 o'clock this afternoon. 1t
was knocked off to syndicate of five
prominent capitalists, who propose to or
e. nize under the laws of North Carolina
"a Virginia, what will be known as the
Norfolk, Roanoke and Southern Rail-
road company. The property Is then to
be leased to the Norfolk and Western
company.
George E. Bowden and Charles Sharp,
of Norfolk, as special masters appointed
by the court, conducted the sale. The
notice of sale was read by Mr.. BoWden,
who also acted as auctioneer.
VIM. e. Glynn was the only party to
deposit with the special masters the re-
auired pledge of good faith as a bidder
for the road. The deposits consisted of
bonds, secured by the mortgage being
foreclosed to the value of $100, 600. Mr..
Glynn's bid when the sale was called was
$500, 900, and there being no other bidders,
the property was quickly knocked off to
him. The gentlemen in whose name the
purchase was made are Wm Glynn, JOS.
I. Doran, A. j. Hemphill H. S. Marshall
and G.. c. Callahan. These gentlemen
and the special masters of the sale, ac-
companled by Col. F. H. Harris president
of the Roanoke and Southern company,
left after the sale on a special train for
Richmond, where the sale is to be con-
firmed by the court and steps will be TAX
en- at once to organize the Norfolk, Roam
oke and Southern company, which will
lease the road to the Norfolk and West
ern. Railway company. Messrs. Glynn,
Bemphill and Marshall, are from New
York, and Messrs. Doran and Callahan,
from Philadelphia. Judge Cross, of Bal
timore, was also here representing Gen.
John Gill, of Baltimore, chairman of the
bondholders committee.