The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-11-15
HOFFMAN IN CONTRllI||' e
Ills interest Will Probably Continue attaa
Ssahoard's Helm for The pfssani.
RYAN PAYS FOR A BIG BLocKOf sIocS
He Accepts neiween 1000 ana S.0eas
shares Controlled by Glii's Grs II f;ss
Me In the Largest IndivtdasS
stockhoider-Thereis Is ProkHBiy sS
Hitter Fight Ahead for Gontross n 3

she lnrSest ludlvtu4@65a
sfockhoider-There Is ProEMs5sysa IL;
Hitter Fight Ahead for oontro & !. 4 4
Washington, Nov. 14.-The foli0nf ftfS
9sttMtenieht, relating to the. Seaboafd It'll
lime purchase was given out ffia x ii fssffssS
noon by the Mercantile Truss ansi sfa IL I5fS}
Po.at company, of Baltimore # sisS .f asfs, Ss
Mr. Thomas f. Ryan to-day aocsf5fef5
ana paid FOR the stock OF, the Sea sS54f AZ
ana Roanoke Railroad Company covafs
eu e oy General John Gal,s opt soEHs
throush the Mercantile Trust and Ieesss ss
poSGt Company-between 200 ana 5. .JS62s
shares" - - & ~ y y = ssefs,S sss,sss
Mr. Ryan also called at the .offias AZ;
the company TO close the Hoffnan d p6oIa
,,. su STOCK option, which expires sto-
Dui tne committee was not raa fiyA tot Il 80 81
iiVer the stock or to tell what 8 amor ti,52
'au come IN under that option. .; iB
MIR. RYAN TALKS. s;ssi;:
IhoInas r. Ryan, OF New York, :yyi q iSS
81 ., me AfinSlon tonight. confirm ID t1ia
Mercantile Trust and Deposif a., n; i,s,3S y Il
ei e baltimore, that the pooled stock AZ n, ,ss
oeaIoard and Roanoke Railroad ts6f.Ys$
pan; controlling the Sea board Air EfIlSsS3
nero h py he Hoffman Interest, had nor
iav', co,,tereo cot 10 him under the fcrtYS
couIu be obtained CONCERNING ,fisS4S
atmonn. OF stock held under option H.
sme pooi. Mr. Ryan also confirmed thH4
nurtner I statement that he had accent as
huu hu palu tor the Seaboard stock coysrsdIs
tween two and three thousand lsiSasss ~; =
He DOESN'T WANT TO FIGHTy Ss
He declined to state, however. wine aYl
lle laiiurc OF the Hoffman pool ia fIiff,5;
oser % me control OF the Seaboarti rneafiyst 3
d coilapse of the negotiations tIt siIis5s ~
ply 10 question whether rs m tRy,f s,.ts
lesai warfare for the possession AZ, 53,Ssss
Toau. ne merely remarked .iI am Al, 81
looking for a fight" 80 .iSss sS9sia
MI. Ryan stated that a1e want Il ,tf5
ra. uas.ltc.y understood that he was isf4S
negotiating for the control OF III, fsaaS. Ia
Doard for the Southern or any "a fI,ess;
.Iliroad, and that he was acb,ng soIeI5sf
ior hlmself. He also declined to ma Il 81
uny statement; concerning the latest de-
velopments in the situation. Ia4
NOT ALL OVER YET. y
me failure OF the Hoffman pool {0s5
II gTansIer the stock pooled under tils a Z
norman option has caused con sfdara SIsSss
surprise, and ls construed to mean },f a.
tnere Is bitter fight ahead for lf1sa4ss
control OF the S. A. L.,4which NAV III, IN
VolVe reopening of the rate troi,bies3
among the Southern lines Under tfles$E
1St SHteIeu inlO at POrtSmOfttllaSN ~
va.' IN october, between Mr. Ryan and i
the pool holding four thousand s6ars5sSs 6ss
or Seaboard stock 1t Is stated that n -
agreed that the pool should secure rl,l,rs n
STOCK, and forty days were allowed for 4
the purpose. This expires to-niorrSygssS
out Wnen the Ryan party appea red sii,sss
PRESIDENT Hof1man's office In BaI aIiniofzg Il
today to pay for the 5000 shares gs.
ed py the pool, none OF the pool cornrr1j e y
Tee; with the exception of Judge watts a
OF Fortsmouth, were on hand. fss q III
NO explanation could be ascertainAsiS
or the unexpected turn of affairs, and !;
~ ;Hr. ryan Withdrew accompanied BY hiSIs
lawyer, Elihu Root. OF New York. Is' +
HOFFMAN IN CoNTRoI..
The effect. 1t is said, Of the latest pi,a 49,
IN the situation Is that the control cfs IN 9s:
property will remain in the hands az fhs;t
Hoffman Interests for the present sss3
In certain circles tine belief pfeyaiisSg y
that outside interests which seek to COM
troll the property are responsible for fi1 ~
seeming collapse In thesnegptiat tspns Its
IS said that the Louisville and Sash fHf3
that the struggle for the control os hlisS5
property will be attended by interest IL
developments. issS s'
A SEABOARD ALI ssss
Mr.. Ryan and Chairman Biackst0n sSS
of the reorganization cornnfittee az 'Asiieasss5
Cape Fear and YadRin Valley IN 81 II
long conference In Raltimore Va. 1fxss&7
and it is thought that in the 5fittirs filIaa ~
property and the Seaboard will be esoste
ly allied. sS gfs2 A e r.
1t is pointed out shat the deyeiopinsSss
of to-day show the value OF Ihe sSeahU fsfa|
a N CT n