Evening star., 1896-11-04
TWO MORE ROADS
Additional Properties Now Controlled
by the Southern Company.
EXTENDING ITS CONNECTIONS FURTHER
No Agreement Reached as to the
Transportation of Immigrants.
RAPID STRIDES OF PROGRESS

The Southern Railway Company, it Is
believed, through parties in it's interest,
has acquired possession of another valua-
BILE property, the Marietta and North
Georgia, which has passed into the hands
of a corporation known the Atlanta,
Knoxville and Northern Railway Company,
three of whose directors reside in the city
of New York.
1t would perhaps be speaking more nearly
correct to say that the property will be
valuable, 1t has not proven very
munerative stock in the past, and has just
emerged from the hands of receivers, to
do which it was materially assisted by the
New York parties already referred to.
The New Acquisition.
The Marietta and North Georgia is 2oo
miles in length, and extends from Atlanta
to Murphy, at both of which cities it
meets with the main lines of the Southern
railway, and at the latter point will afford
the Southern rev route of its own via
Asheville, y. c., to Atlanta and for the
south.
The Marietta and North Georgia has been
in the hands of the court for about five
years. The new purchasers have paid
about Sa52,tHp on the property, or rather
more than half the purchasing price agreed
upon
The directors of the new company conf
prise Messrs. Henry h. McHarg, General
Monroe Porter and Walter Ferguson of
New York, Z. c. Spalding of Atlanta Jo-
seph McWilliams and j. b. Glover of
Marietta and B. \. Denmark of Savannah.
The officers are: Henry X. McHarg, New
York presidents E. C. spalding, vice pres
tdent, Atlanta; N. w. Oliver, secretary
treasurer and auditor Marietta, Ga; Jo-
seph McWilliams. general manager, Mari
eta; W. G. Bradley, general freight and
passenger agent Knoxville, Tenn: Alex
ander and Victor Smith. general counsel.
Atlanta President McHars is also vice
president of the Manhattan Bank. New
York. ard of the Texas Central Railway
Company Gen. Horace Porter has just
signed the vice presidency Of the Pullman
Palace Car Company MIR Ferguson is
New York contractor and capitalist. Mr..
Spalding is general manager of the South
ern Iron Car Company Mr.. Glover was
Tor years receiver and manager of the
Marietta and North Georgia. Mr.. McWill-
1ams is a practical railroad man. formerly
with the Texas Central Mr.. Denmark is a
laWyer of Savannah and president of the
Southwestern Railroad Company.
The Middle Tennessee and AIabama
Purchase has likewise been made also 1t
is believed. in the interest of the Southern
of the Middle Tennessee and Alabama rail-
road. which extends from Shelbyville,
Tern. to Decatur, Ala. The gentleman in
whose name the sale was effected was Mr.
Joseph Dickson. who is likewise the re-
cclyer of what is known the St Louis,
Chicago and St Paul line extending from
H.
Mr. Dickson acquired all the first rlurt-
gag bonds Of the NlGdIe Tennessee and
Alabama, and majority of the second
mort gaze bon = and stucn
The Middle Tennessee and Alabama was
organized early in 1893 as successor 10 the
Decatur. Chesapeake and New Orleans
Railway Company. and wGs completed
January i OF the present Year from Eonne-
Vile. Tenn. to the AlabamaTennessee
state line. distance of thirty-four miles.
The distance from Sheibyville to Decatur
is seventy-eisht miles. 1t is laid with fifty
six-pound steel rails. and has gauge OF
four feet and nine inches. II had an au-
thOriZed capital stock of 81 .11n.rrD, and the
funded debt consisted of $50 goo first mort
gag" = per cent bonds and second mortgage
bonds to the amount of S12.Ur per mile. to
bear no interest for the first year, and
per cent thereafter.
The directors of the company are Messrs
J. Edward Simmons. Daniel Lord. jr., and
David Wilcox. New York: Garret a. Ho-
bart. Paterson. y. j.; Robert D. Warren,
Fayetteville. Tenn: Ernest Caldwell Shell
byviile. Tenn, and John T Cross, New
Decatur. Ala
No Agreement as to Immigrants.
1t is stated that the arrangement which
the Southern and various other roads tried
to bring about with the Southern Pacific.
which had for its object the harmonious
adjustment of differences relative to the
carrying of Immigrants ami which has
been Il bone of contention between the big
ttlSt ana west LNJS OF railway Tor many.
Years can not be carried out, and it is
feared that the prospects for paace are
very Remote.
1t is said that the recent conference held
on fh= subject in New Y ork between the
various executive officers having jurisdc-
ton in the NATTER developed that the de-
mandS of the southern Pacific were con-
Sldered my the representatives of the other
roads 50 unreasonable that they could
not be complied with. The western roads
1t Is saIt, wanted the Southern Pacific TO
Join them IN an arran cement for a division
OF the traffic. Tnis the Southern Pacific
Representatives, were not willing 10 do
IHtY demanded that the western roads
shOJiG consent TO Civ. the same commits
SiCnS 20 southern iaciic agents as they
paid 10 their own agents. not only on busi-
ness handled by the Southern Pacific 70
points CT its own line. but also on busi-
less TO intermediate points on western
roads. III which IL liad no iuteres. what
ever The western roads. il is understood
replied that they could better afford to go
out OF tnv business entirely than to give
the southern Pacific all the profits there
Were in it
Findins no arrangement could be made
with the Southern Pacinc The western
Ines Decided TO 10 longer follow the South
ern Pacific in paying excessive commits
sIols to immigrant agents. and place all
responsibility for continued Generalization
i'll rates on that road
IEa report circulated few days ago that
the eastern trunk lines had decided to
dispense with New York immigrant agents
VIII be retained to prevent them from help
ing the Southern Pacific
y proposition has. however. been made
by the steamship companies who bring
large numbers of immigrants TO this coun-
try to Geal directly with the eastern and
western roads and give the all their busi-
ness, but this was not agreed to.
From Washington to- New Orleans
The Southern Railway Company has COM
pleted arrangements for running solid
trains between Washington and New Or
leans. and Pullman sleeper between
Was hinSton and Galveston, Texas and the
plan will so into effect in a few days This
deal IS little ahead of any traffic arrange
nieht, SO far as passengers are concerned
thdt mas ever heretofore been entered into
by any railroad company in the United
states. and when inaugurated will mark
the iIrst time that a sleeper has come from
ieXaS point across the Nissi issipDi river
thence 10 an eastern city, or vice versa
Apr2poS of the rapid strides that tn.
Southern Is making in transporting pas-
seDgerS and freight between all sections of
TINS country. 1T is stated that President
spencer of that company Is the only man
IN the United States who can travel from
the Atlantic to the Pacific and from the