The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-10-07
Seahoard Air Line Stockholders Vindlcate
His Course. at Yesterdays Meeting.
SESSION WAS ALMOST A LOVE FEAST
THO Expected Rupture Did Not Tu,,c
Pinec ana the Aggressive Policy
Of tho Management wns Tnily vin.
Neutrality-suspicious. Hoffman Inter.
viewcd-Road Making Money,


nlaced the stamp of their approval on
the aggressive policy which Is being
pursued bv them in their fight against
their Dig and powerful rival, the South
crn railway
The stockholders meeting. which was
heid at the general offices of the COM
many in Portsmouth to-day. and which
IL was anticipated would be the storm
lest session ever held by the directors
or the road. was the most harmonious in
its history.
Mr r. Curzon HOFFMAN. under whose
RlahAremeni the road entered the field
oil rate cutting competition. was unani-
mouslv reelected president. and the old
hoard of directors were unanimously
reelected. MIR. Basil -. Gordon being
slente' To I'LL the Vacancy caused by the
Death NJ Mr.. Enoch Pratt, of Baltimore
General John Gill. OF Baltimore. who
created great sensation just prior to
the meeting by his effort TO buy TO con-
trolling interest in the line with the
nurnose of antagoniZing the present
~ e'anaCement of the line. made q COM
nieie surrender of his position, grace
fully Welding to the unanimous senti-
rnent of harmony and approval which
prevailed
The endorsement of the general Off
GERS. of course, rinLicates the nggres-
Sive course of Nice-Prcsident EVsritte
ST. John and positively sets al rest all
question ot doubt as to his acceptability
to the mass of the stockholders
The reelection Of President Hoffman
was moved by General GIN. who also
nronosea the old Board of Directors for
rc-election as follows: Messrs. r. Cur
Zon HOFFMAN. Louis Mclane. Moncure
Robinson. IeGh r. Watts. Charles ID.
Fisher. w. W. Fuller and Basil B. Cor
don.
The following were elected an Execu-
tive Committee and were empowered TO
n al I,A nf
Louis McLanc. G. ID. Fisher and B. b.
Gordon
The competitive system. by this ac-
i!on. was uneuuivocally endorsed and
the action of the stockholders demon
siratcS bevond pCradVenture of n doubt
the fact that the course of the manage
,nent has at all times been fully en-
dorsed bv majority of the stockhold-
ers. who We're determined to keep the
Seaboard independent line at all haz-
ards.
The action Of the Board OF D.rec-
tors. said President Hoffman. when
Seen by Nirgin;an man last evening
ut Judge Leigh r, Watts residence,
was entirely in line with what ! ex-
pected. Indeed General Gills opaosi-
zion was entirely unexpected, bu;
Knew that the people who had cntrus tai
their proxies To Mc had confidence in
cur management and would lend the
moral support OF their stock to our pol
icy
'When ii came 70 a vote, however.
the opposition cast its stock soidlv in
my iaNo!. they all came round COM
rie!oly and vindicate;, our course. wi;h-
ont contest, in which they would have
been defeated
The Seaboard has the support of he
people and the press. II we only had
,he lske good VIII of the bankers, 70:
Instance. we'd he solid forever.
Il go II WilminctCn N & to-mo~. NV
to attend the annual meeting of the
Stockholders Of the Carolina Central
road thr!H Thursday
AS 20 the future rrlicy of the road ]
can stale that there will be absolut aly
no change ana that NY reelection was
d"a 10 4" concessions made by me"
All the general officers of the line warn
delighted al The outcome.
General Passenger Agent Anderson
said that from the standpoint of his de-
partmeni the aggressive policy of the
read had paid Handsomely and Is in
self vindication of Mr.. st. Johr.s
course Take Atlanta. for instance !"
ne Said. I'm September 1894. our lick
't Salrs there ?mounted to S6,T5S1o NJ
cts"'ht rates In September, 1895. the
ifst year of Mr.. ST. Johns manage
inent. they reached SlO66l. 30 ana I7st
month. under cur GU; rate policv nm
IN enec,. $l1,4Sl.%S was the amount of
sales there. This showing holds good an
along the lire. We are doing all Tho
business We can ;oss:hly handle. Both
cur passenger and freight business ie
constantly increasing"
Baltimore. Md. Oct. 6.-Tbe sontbor,
RailwaY Company filed a petition in tho
United states Court to-day asking to ho
allowed To intervene in the case of tic
Mercantile Trust Company asainst tho
Baltimore and Ohio Railroad Comnanv
Tor the purpose of collecting a rental ~
S'2ao on hfty-one miles of track bc-
tween Strashurg and Harrisonburg !,
virginia. The petition alleges that tho
track was leased to the Baltimnre and
chio in 1873 by the Virginia. NilIand
ana Great Southern railway. and has
ever since been operated by tho RoIfi-
more and Ohio AT a rental per vear ar
SS? 2aO The benefits accruintr undnr M
leE-ie have been handed down ihro,,oh
TIE Midland and the Richmond ana
.,ahVille raiiways to the Southern. II is
alleged that the receivers of the Rail-
more and ohio have power To nav s,,ch
Diils demand was made March od
for a4.625 then due as the first so,ni.
ANIMAL insta!lment and another demand
for like amount on September 2d Iost
Neiiher demand has been met Tha
com panV wishes TO intervene as then II