The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-05-29
TO ELECT OFFICERS MONDAY.
THE STREET RAILWAY MONOPOLY
WILL THEN BE COMPLETE.

Mr.. Parsons VIII he i'm Control, But
savannah Men viii BE Interested.
Name and Charter of Savannah,
ThunderbOIt and Isle of Hope
Railway to he Used-Facts md
Figures of the Deal withheld I'm
til the Consolidation Is Complete.
An Improved Service, Including
Transfers. Promised.
The consolidation of the street railway
systems of the city is to be perfected
Monday, when meeting is to be held
at the office Of Aiessrs. Barrow & Osborne
for the election of directors and the trans
action of such other business as may be
necessary to complete the consolidation,
including the acceptance of the charter.
The charter of the Savannah, Thunder
bolt and Isle of Hope railway will be used
In the organization Of the new company,
and such amendments to this charter as
may be necessary to fit the new conditions
will be made. The amounts of capital
stock and bonds to be issued have not yet
been announced, and the public may be
kept in the dark indefinitely on this score,
as there appears to be a disposition to
withhold these important facts, as well
as the terms on which the consolidation
is made. They will doubtless be made
known next week. however.
TIL election of directors. to be followed
by the election of officers, Monday is
evidently only a matter of form, as
neither Mr.. Parsons, who is to be presi-
oil 1xrbO Sc no
vice president, will be here. Mr. J. n.
Hartman, who has been actively con-
nected with the Parsons properties for
several years past, will undoubtedly be a
member of the new directory. Mr.. Harri-
man has taken very active part in the
negotiations which have been in progress
for months. resulting in the present deal
Besides acting as Mr.. Parsons represent
ative, he is said to be largely interested
In the properties on his own account.
Mr.. Hartman, when seen yesterday, said
that nothing would be done with regard to
the Encouragement OF the tracks until
next fall. This matter had been left for
the new directors to wrestle with, he said
The power house of the Savannah, Thun-
bolt and Isle of Hope railway furnished
the power for the Traction company's lines
during part of the day yesterday, the
Traction company's power house being OPP
Grated during the afternoon. President
Johnston, of the Savannah, Thunderbolt
and Isle of Hope railway, stated yesterday
that this company has sufficient power
TO operate all the street car lines in the
city with ease. President Johnston made
a special study of the subject OF electrlcal
railway equipment for a year or more be-
fore the Parsons lines adopted electricity
a m
both power house and rolling stock was Sc
lected by him and is almost as good to-
day as on the day it was put in opera
ton despite the vast strides made in the
development of electrical power
If the consolidation is carried out on the
lines which those principally interested
have stated it would be, the monopoly
of the street railway lines will prove a
benefit to the public rather than an in
jury Better service, including better
schedules and shorter time between cars
along with better rolling stock and an
improved roadbed are promised.
Mr.. Parsons stated in a talk with a
Morning News reporter, just before his de-
parture from Savannah, that one result
of the consolidation would be that trans
fers would be given from any part of the
consolidated system to any other part
Mr.. Parsons said Furthermore. that it was
only right that such transfers should he
given. Mr.. Parsons statements can be
relied upon and the people of Savannah
can rest assured that the street railway
service will be more satisfactory in this
respect than has ever been the case be-
fore. The question Of transfers is one in
which all patrons of the street railways
are directly interested and the giving of
transfers at all points where they can be
reasonably required will do more to es-
tablish the new company in the favor of
the public than any other move that could
be made by it,