Evening star., 1898-06-30
THE ECKINGTON ROAD
Reorganization Of the Company Under the
New Law.
The Personnel of the New Board of
DirectOrr-Mr. o. +. Crosby of This
City Chosen President.

A meeting of the directors of the Eckng-
ton and Soldiers Home Railway Company
vas neld yesterday at the office OF the COM
pany, 18th and d streets northeast, and
the preliminary steps taken 10 carry out
the law recently enacted which gives au-
thority to the company to purchase the al
lied street railroads and to change the
name Of the corporation to the City and
Suburban Railroad Company. AT the meet
ing yesterday the company was practically
reorganized by the election of new members
of the board of directors. so as to give
those now owning a controlling interest in
the railroad properties place in the man.
agement
The board as now constituted is as fol-
lows: Fl. p Scott of Wilmington, Del,
manufacturer; H. A. Parr Of Baltimore,
grain merchant; Robert Carswell of Balti
more; r. C. Davidson, president of the Bal
timore Trust and Guarantee Company; ID.
NJ. Newbold of Baltimore, merchant and
formerly president of the road; w. X.
Schoepf of this city. the receiver of the
read: John Ridout of this city, attorney,
and o. T. Crosby of this city, president of
the Potomac Electric Power Company.
Mr. Crosby was chosen president of the
company, Dana Stevens secretary and s.
c. Cooper treasurer.
Meeting of Stockholders.
1t was decided to call a meeting of the
stockholders of the company for July 10.
for the purpose of taking formal action in
regard to the purchase of the Washington
and Maryland railroad. and that portion of
the Columbia and Maryland which extends
from the District line to Laurel. Nd. The
right Of purchase was conferred by the bill.
The stockholders will also take formal ac-
ton in regard to the change in the name
of the company.
The new company is also given the right
to issue stock and bonds to pay for the cost
required by the new bill, which are, in
brief the equipment of the lines within the
limits of the city with the undergr ound
electric system and the lines outside the
limits with the overhead electric system.
AS soon as the debts Of the company are
discharged 1t is expected the court will
grant an order dissolving the reaeivcrshIp
and then the newly organized company will
assume control.
Other HOldfngs.
The parties owning the controlling in
terest in the properties above referred to
also control that portion Of the Columbia
and Maryland road which is proposed to be
built from Laurel, Md. to Baltimore. and
a line extending to the heart Of the city.
That portion known as the Edmonston Ave-
nue. line, and running from Howard and
Saratoga streets to Ellicott City. has been
sold to the Consolidated Railroad Company
of Baltimore.
What is known as the Catonsville road, a
steam railroad, and the right Of way of the
proposed Columbia and Maryland Railroad
Company to Laurel, Nd, is still controlled
by those who own a controlling interest in
the lexington company.
According to the plans. as announced by
Mr.. Crosby, the president of the company,
1T is the purpose to first equip the lines in
this city, and as far as Berwyn, Nd, and
when that is, completed then the question
of building a through line between tfis city
and Baltimore will be considered