Evening star. [volume] (Washington, D.C.) 1854-1972, 1897-11-25
Controlling Interest in Columbia and
Maryland Sold to Syndicate.
Two WASHINGTON ROADS INCLUDED
Completion of System Between
Baltimore and This City.
PLANS PARTLY OUTLINED

yesterday, by which majority interest in
the Columbia and Maryland railroad was
transferred TO the control of a syndicate,
carries with ii the control of the Mary
land and Washington. as well as the Eek
il gton and soldiers Home and Belt rail
ways. respectively. of this city. The price
paid for the controlling interest is placed at
$4,000, the purchaser of record being the
Baltimore Security and Trading Company,
whose officers are: Nicholas l.. Bond
president: Francis *. Carey. secretary
and David Nj. Newbod treasurer. These
officers. with o. T. Crosby of this city and
Robert S. Carsu ell of Baltimore consti-
tute the board of directors.
There are others interested in the pur-
chase. however, for whom the Security and
Trading Company acted as an agent. and
among them. as announced yesterday. is
Mr.. John +. Searles Of New York With
him are associated Messrs H. r. Scott
of Wilmington. Del; Henry \. Parr Thos
J. hayward aud Edward l.. Bartlett of
Baltimcre and Charles a. Lieb of New
York.
1t is stated as a possibility that the roads
represented in the deal will eventually
pass into The possession OF Mr. J. Pierpont
Morgan, the New York banker who is
largely ideatified with the purchasing syn
dicate, and who would make the road an
outlet Tor the southern railway in reaching
lhd4t.iEnfe, ann IL IL fIolStDOl that some
Eeil-hnoWn people heretofore Interested in
the several lines will retire among them
alessrs. w. =. E!kins. =. \. u. Widen.r,
Thomas Dolan. s. f. Tyler ard George \
liunn of Philadelphia T. Edward Hamble-
ton; Thomas NJ. Lanahan ana B. " Baker
OF Baltimore.
tonstruction Company tIse.
NTH the holdings Of Mcssrs. Newbola.
Carswell, Hay ward and Bartlett. who form
part of the purchasing syndicate. the
new owners viii control about 3So shares
OF the capital stock of the Baltimore ana
Catonsville Construction Company out of
total issue Of go shares The par value
of the stock is sloo share. and the Com
struction Company owns practically all
OF the capital stock Of the Columbia ana
Maryland railway. 1t also OWLS the Wash
lngton roads named. having purchased
them from Messrs Elkins, Widener ana
Dolan for sl.34S.en OF the bonds of the
Columbia and Maryland railway
Among the other assets of the Baltimore
ana Catonsville Construction Company are
the entire frst mortgage bonds of the Ca
tonsviiie Short Line. for which it paid
about SaD,po0. and loI5 shares of the can
ital stock of the Short Line. for which il
paid $40 share. There were lJ5 shares
remaining of the total issue after this
purchase was made 1t also owns 5uc,
shares of the Belt Railway Company of
Washington and 1865 shares of the Eek
irgton ana Soldiers HI me railway.
Inc interested the prOD-
erty. rrior to the sale, together with the
amounts of individual holdings are stated
TO be: w. l.. Elfins. sJti5.WW: p A b.
Midener, $,6aooo; Thos. Dolan, sJ65.0oO:
Midener, Elkfns ard Dolan, $1,000. ali of
Philadelphia; T. Edward Hamhleton. go
Vo; T. NJ. Lanahan $4,000 Bartlett, Hay-
ward q Co. $4,000: y. n. Baker. 1880:
George b. Baker, $1,000; David NJ. New,
bold, siS."o: Louis Yakel SIS. 600: lanes
Clark. s15.0o0: Robert s. CarsweIl sIo,s,o.
Chas. H. Brown. jr.. 5000: J. Fred c. Tai
bott; s3Wo; Henry Stockbridge jr, 5000;
w. Kelsey Schoepf. 5000; Charles Il Say
age, $4,000; John Hubner sl0..op: George
r. Willis. sl.00; Charles b. Creyent. N.
H0; George A. Huhn, s62,Joo; S. F. Tyler.
S62.So; Victor G. Bloede s5.t0o; Henry j.
Berkeley, 5000.
The Future Plans.
/ 1t is not known what the full scope of tho
future operations of the new management
VIII be, but 1t is learned that as a part of
the contemplated plan, the line between
Baltimore snd Ellicott City. forming what
Is known as the Baltimore division will
DC completed at an early day and that the
section between Laurel and Washington,
known as the Washington div .s.cn is also
to be finished, estimates from engineers
Tor this work having been secured The
middle div ision, embracing the section be-
tween ,,, E,llcott City and Laurel. 1t is said.
line, when completed, is to be operated by
electricity. The charter of the Columbia
and Maryland authorizes the use of any
power.
The public is given to understand tba.
the completion of the whole line between
Baltimore and Washington might be fol-
lowed by some sort of a traffic agreement
win one OF the southern steam lines reach
ing Washington to carry its business to
baltimore, and this is the basis i'm part
for the rumor noted that the Southern rail-
way Is to secure by this means The des red
outlet to Baltimore
As tne gauge of the Columbia and Mary
land conforms TO that OF steam roads this
Idea is considered feasible and is a part of
the plans of the new owners with the view
OF enlarging the earning capacity of their
property. The Catonsvile Short Line which
Is operated by the Pennsylvania railroad
under lease that might be broken on
short notice. would be used as an entrance
into Baltimore fer ch traffic
The Route Trayersed.
The route of the Columbia and MARYLAND
railway begins in Baltimore at Saratoga
and Howard streets. 1t runs west on Sara
tcga street to Monroe, to Franklin under
the Baltimore and Potomac railroad, to
Calverton rosd. to Edmonston avenue to
the western city limits. Continuing into
Baltimore county from the city limits, Il
Frederick road and. in a westerly direction
to the Patapsco river Passing from Balti.
more county into Howard county Il runs
via Savage to Laurel. Muirkirk. Ammen-
Berwyn. Lakeland. College Park and River.
dale to Hyattsville. Running through a
portion OF lexington. in the District of
Columbia. II passes under the Metropolitan
branch of the Baltimore and Ohio railroad
to Rhode Island avenue, which is the
Washington terminus.
BY this route the line is 3c57 miles long.
with a branch line into Eilicott City OF
2.55 miles. OF this mileage. all of which is
double track, there has been completed
nine miles from the Washington terminus
to Lakeland; 7.46 miles within the city Of
Baltimore, and $50 miles in Baltimore
county. This makes the total track laid
and completed 20.26 miles. In addition to
this there has been G.47 miles OF the Balti-
more division on which work is partially
done and a mile and a half of the WASH
ington division. The roadbed is practically
completed between Baltimore and Ellicott
City. and Is per cent of the ballast fur.
nished. The rOadbed from eth street in
to Laurel n about completed
Ballasting has been done on the line from
Lakeland to Hyattsville. The power house
at Leicester ID about two-thirds finished
ard the one At Lakeland In about half way,
toward completion. II n estimated that Il
viii take about 81. 100000 70 comulefe ana :