Evening star., 1899-02-07
BRIGHTWOOD SOLD
A Control Of the Stock Purchased by
Mr.. Frederick G. Stevens.
APART OF THE NEW RAILROAD SYSTEM
Area Of the City and Suburbs Gov
cred by Allied Roads.
MOD ERN ECU ENT

A controlling interest in the stock of the
Brightwood Railway Company has been
purchased by Mr.. Frederick C. Stevens and
his associates. The price is not mentioned,
but Is said to be entirely satisfactory to
those who practically controlled the road.
The largest stockholders were Horace 8.
Cummins, the president of the company;
Charles P. Williams the treasurer and gem
eral manager, and E. o. McNair of New
York state, the vice president. The road
extends from Florida avenue, at the head
of 1th street, northward along the 1th
street road to the District line, and thence
to Forest Glen.
The latter portion of the route is
owned. however, by another company, but
operated by the Brightwood company. The
company has been in existence about six
years and has bonded debt of about $780,
COO, and a capital stock of about 100000.
The road has never paid dividend, but has
earned enough to pay the operating eX-
penses and the fixed charges.
Today the old board of directors resigned,
and the following were chosen as the new
board: Frederick c. Stevens. H. d. Mirick.
0. T. Crosby, c. A. Leib J. b. Lackey, ".
B. Davis, c. P. Williams and O. C. Broth
ers
The old board was composed of the fol-
B. Chttenden, A. P, Pardon, E. A. McNair,
6 6 nsIhen 4; foadersmlsh P, Williams and v.
other onds Secured.
The purchaser xMr. Stevens recently Sc
cured the controlling interest in the Belt,
the Anacostia and the Capital railroads,
and Is also connected, with those who con-
troll the City and Suburban railroad, for
merly the lexington, and the Georgetown
and Tenleytown RAILROAD.
1t is understoodSso. be the purpose to oper-
ate all these links IN. .harmony practically
as one system ana arrangements are being
perfected for equipping the city portions
with the undergrbuhdg Electric system.
A bill is now spending In Congress the
ton between the Belt railroad and the
Brightwood railroad and if this is done a
street railroad connection will be establish
ed between Congress- Heights across the
Eastern branch and Forest Glen, in Mont
gomery county, Maryland. '"
No election of officers has as yet been
held, but it Is understood that Mr.. Freder-
lex c. Stevens is to be at the head of the
street railroad system which has thus been
formed, although he may not be the Dresi-
dent of the various tributary roads.
Extension to Rockville.
The same interests are preparing to ex-
tend the Georgetown and Tenleytown road
to Rockville Md, so that this new railroad
sy stem will not only pass through the city
touching central points, but will penetrate
a greater distance into the suburbs than
any existing system.
1t is contemplated to build the line of the
City and Suburban road som. eight miles
out from the city toward Laurel, Nd With
Forest Glen, Rockville and Congress
Heights as the other outlying terminal
points the new system is planned to pro-
vide street railroad facilities for a large
area of the city and its suburbs
Considerable progress has been made in
the work of equipping the City and Sub
urban road with the underground electric
system within the city, and as stated in
The Star, arrangements are being made to
unite the Belt and Anacostia railroads pre-
paratory to a bond issue based on these
properties, the proceeds of which will be
used in equipping these lines with the un-
derground electric system.