New-York tribune., 1898-11-23
UNDER NEW MANAGEMENT.
ALFRED SK1TT ELECTED VGCE-PRESl-
DENT OF THE MANHATTAN COMPANY.
TO DIRECT THE ELEVATED SYSTEMS GENERAL
BUSINESS WALL STREET TAKES II TO MEAN
THE ENTRANCE OF THE NANDERBLTs

BUSINESS WALL. STREET TAXES II TO MEAN
THE ENTRANCE OF THE vANDBRBILTs
INTO THE CORPORATIONS
The directors OF tho Manhattan Railway Com
pany yesterday elected Alfred Skitt to the vice
presidency Of the company. to succeed Robert
NJ Galloway. and also chose him to fill the va
cancy i'm the Board caused by the resignation
7 Of Amos l.. Hopkins. d. w. McWilliams sec
retary and treasurer OF the Manhattan Com
pany, said yesterday afternoon that Mr.. Skitt
would take Mr.. Gallaway's place in directing
the general business management of the ele-
waited system. It was learned from other sources
that he would also relieve President George ).
Gould Of practically all the details Of manage
ment with which the latter has been hurdened
and would in addition have full control OF the
proposed rehabilitation Of the elevated railroad
system. II was at first reported that Mr.. Skitt
had been appointed general manager. rs well as
vicc-presdcnt. but this was erroneous. W. j.
Frarsio will continue to operate the lines as
general manager
Mr Sktt, who is about forty-fve years old
VIII enter upon his new duties at once, ana for
that purpose has just resigned manager or
the NcW-York Ccntral's lignterage department.
the offices Of which at No. 10 Broadway
Before taking charge Of this department he had
transportation as superintendent of the Fourth
ave street railway line from which place he
retired when the control Of the road passed from
the Nanderbilts t. the Metropolitan street Rail
way Company He is also president Of the Nor
folk. Virginia Beach and Southern Railroad
Company which has a line extending forty miles
south from Norfolk. and also owns the Princess
Anne Hotel and 300 acres Of land at Virginia
Beach. His business capacity long ago COM
mended him To w X. Vanderbilt. through
whom, it is said Mr.. Sktt came 10 this coun-
try from England about twenty years ago. and
who has ever since then taken decided inter
est in his career. Mr. Skitt is we'll known
among cubmen. having until few months ago
been treasurer OF the New-York Club and being
also member of the Transportation Club.
The election OF Mr.. Sktt to the Nice-presi-
dency Of the Manhattan taken by Wall
Street to mean that the Nanderbilts had ac-
quired an important interest in that corpora
ton, and that the infusion Of new blood"
which had 50 frequently been predicted. had at
last been accomplished 1t was also understood
To signify the near approach Of that renovation
OF the system which. TO speak mildly. has long
been felt by the travelling public to be desirable
and needed: and 70 give an augury of the carry
change Of the motive power If The lines from
steam to electricity 1t is known that for many
months engineers have been at work on plans
for the electrical equipment Of The elevated
roads. these plans contemplating not only the
fitting up the rolline-stock for electrical pro
pulsion and the lighting Of the cars by cleo
trcity hut also the building Of electric elevators
at stations. and the public announcement OF
these plans. il is believed will before long be-
made.
The price Of Manhattan advanced on the
Stock TX 'hange in consequence Of Mr.. Skitts
election as vicepresdent. and at the close was
97's. a net gain for the day Of rs per cent
The Manhattan company has discontinued It's
Fifty-cighth-st. trains on the SiXth-ave line on
Sundays, substituting for them a shuttle train
service between Fiftietn and FiftyeiGhth sts.
General Manager Fransio * quoted as saying
that the change is due To the fact that people
getting out Of the habit Of visiting Central
Park on Sundays, going in preference to Grants
Tomb and Van COrtlandt Park. il is also said
that the Ninth-ave trains are still being run
on the summer schedule" the numbe. or
trains that line not ha"ing been increased,
Is usually the case at this time of the year.