The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-08
- THE WESTERN OF ALABAMA.
coast Line Now Controls One Quarter
of the stock.

go. Line NOW Controls One Quarter
of the stock.
rho Atlantic Coast Line now owns
taft interest in the lease of the Georgia
n,rroad. II IS the part of the lease that
-, Central formerly held, and since 1t
Given up by that road, has been held
y. he Louisville and Nashville, which
,s therefore the sole lessee.
I, was at the meeting of the stoekhoid-
49,. If the Western Railway of Alabama
3. Montgomery a day or two ago that the
I,,suncsment was made that the Atlantic
c-,-t Line had secured a half interest in
,.s lease. President Milton Smith of the
1,,izyile and Nashville made the an
-.,roen,ent. The deal had not been long
..,srmnated, and 1t was not surprising
hot If should have been at the meeting
=, t1a Western of Alabama that it was
made public.
NJ Tohn M. Egan, vice president of the
contra, Railroad, attended the meeting In
montgomery. He is a director of the West
avn If Alabama. He was asked how it
.oa1ced that the announcement of the
roast Lines acquisition was made. He
,vn,aiped that the Central owns one half
,ho coritaI stock of the Western of Ala
b.ra The other half is owned by the
i,ssses of the Georgia. The Louisville and
Nashville having split its lease with the
coast Line. il was no more than was ex
nscfaJ for the announcement 10 be made
n ,rder that the Coast Line might vote its
quarter Of the stock.
MIR Egan understands there win be no
change in the operation of the Georgia
as a result of the split of the lease. The
Georgia has been operated independently
Of The lines that have had a share in its
lease being used of course, by them for
the increase of their earnings, though hav
inc no through trains run over It.. 1t is
conceded it viii be a great advantage to
The Coast Line to hold the half lease, as
great deal of business may be directed
from the Georgia to its own line at Au-
eusta. The earnings of the Georgia, on
the other hand, may be increased by the
business the Coast Line will be able to
throw its way at Augusta, and the gen.
eral plau ought to work out for the ad-
vantage of both the Georgia and the Coast
Line.
The lesses of the Georgia in the past
have not made money. They have made
the road pay dividends, but have not earn
ei more than the rental Under the new
Arrangement lQeN may uO BClltls II -
said the Louisville and Nashville obtained
hs interest in the Georgia primarily in
the hone of getting into Augusta and
thence to Charleston by the acquisition of
the South Carolina and Georgia. Terml-
nails we're secured at Charleston, which
the Louisville and Nashville now wants to
sen. The Southern, instead of the Louis
vile aud Nashville, got the South Car
Dina and Georgia.
Mr.. W. X Halle of Jacksonville is in the
city. Mr.. Halle is superintendent of the
division of the Southern Express Com
pany that has headquarters at that place.
Col E. W. Wrenn, passenger traffic
L manager of the Plant System, arrived yes
terday morning from New York, spent
the day at his desk and left last night
for Atlanta, where he will attend a meet
4 ing of the Southeastern Passenger Asso-
citation to consider the rate to be offered
from the territory of the association on
account of the export exposition, which
4 is 10 be held next month In Philadelphia.
Il looks very much as if there will be
military train run from Savannah, and
4 possibly South Georgia, to New York a
day or two before the celebration of the
Il positive that there will be a company
Fl from Townsville, one from Waycross and
& one from Brunswick. 1t is said there Is
q more certainty about the first two than
81 the last town sending their troops. Three
Il or four companies are expected from
& Florida as well and if those should join
a with the Georgians the train would be
one of considerable length. The Cadets
a have completed their arrangements and
will certainly make the trip, and ii seems
the German Volunteers have a strong
chance of going The railroad FORUM
ate enough to get the business and the
troops will be glad to have a military spe-
! cal
Mr. F. L. Pickering has been put on
THE outside" That, in the railroad YER
nacuar, means he has been transferred
from office TO soliciting work. AS clerk
IN charge of the ticket stock of the Cen
ual, he has made an excellent man. and
MS friends are confident he will do even
better for his line in the position to which
ne mas been transferred. He will be as
astanl to City Passenger and Ticket
agent w G. Brewer, and will solicit city
passenger business for the Central and the
ocean Steamship Company. The patrons
OF the companies will find Mr.. Pickering
peasant genial young gentleman.
-~-Ss-
ELkS WILL. ENTERTAIN