Evening star., 1898-08-11
LARGE STOCK INTERESTS
Some Current Comment in Regard to Local
Railroad Holdings.
What Is Said About Miss Weaver's
Will In Disposing of Metropolitan
and Columbia Stock.

Miss Rebecca 8. Weaver, who recently
6ied, enjoyed the largest income from the
dividends paid by the Metropolitan Street
Railroad Company of any individual stock
holder of that company. 1t is supposed in
scme quarters that there will now be a
change of her holdings, and the large block
of stock upon which she received dividends
will be distributed. 1t seems however,
that her death will make practically no
change in the holding of this stock. and
that the bulk of 1t will continue as has
been the case for a number OF years past
in the control of the executors of the will
of her brother, the late Thomas Weaver.
The latter died over fifteen years ago,
and in his will hs left the income derived
from the stocks he held in the MetroDoli-
tan, the Columbia and the Belt street rail-
ways to his sister Rebecca for her life and
upon her death the stock in the Metropoi-
itan ard the Columbia railways was to be
distributed equally among the testators s
nephews and nieces, the children of his
brother, the late Charles Weaver.
Only After Twenty Years.
1t was, however, stipulated that this di-
vision should not be made until the expira-
tion of twenty years from the date of the
instrument. which was made in February.
1884, so that these holdings will remain
intact until the year 1904.
AT the time the will was filed the children
of Chas. Weaver, the heirs under the will
of these railroad securities. were eight in
number. as follows: John L., Walter 4,
r. Susan, F. Baker. David F., Charles H.,
Louis w. and George A
The number Of Shares in the name of
Thomas Weaver is 1,705, which makes
him, or rather, his executors, one of whom
is Mr.. Robert D. Weaver. the president of
the Metropolitan railroad the largest in
n
lumbia railroad stock amounts to IDS
shares while the Belt railroad stock
amounts to 645.
Changes in Value.
1t is interesting in this connection to
note the changes in value of the stock of
these corporations during the past fifteen
years. or since the date of the filing of the
will. At that time the Metropolitan stock
was appraised at SIS per share. while the
latest quotation for this stock on the local
exchange is S120 bid per share. The ap-
praised value of the Columbia railroad
stock at that time was $3S per SHARE and
today it is quoted at sI5 asked. The Belt
stock was valued at $50 per share, and to-
day it has no value that is quoted.
In addition to getting the income from
the Metropolitan stock owned by her
brother, the late Miss Rebecca Weaver also
held stock in her own name, and by her
VIII, which was recorded few days ago,
she left her entire holding, which was 100
shares. to her nephew. Robert D. Weaver.
The Weaver Interest.
Her individual holding of Columbia stock
was still larger, as she held 505 shares, thus
constituting her the third largest shareholder
in that company. This stock Miss Weaver
bequeathed equally to her nephew. Michael
c. Weaver, and two nieces, Elizabeth
Foster and Mary Campbell
What is known as the Weaver interest il.
these two companies remains unchanged
by the death of Miss Weaver. 1t is as
follows: In the Metropolitan, out of a
total of 13,OO0 shares the Weavers hold
2963. and in the Columbia, out of a total
of 500 shares, the Weavers own 1888
The Cammack interests in these roads
which is generally associated with that of
the Weavers, is Less shares in tho Metro
poiitan and ,695 in the Columbia road