The times. [volume] (Richmond, Va.) 1890-1903, 1899-04-14
Captain A. Pizzini in New York or
This Mission.
TO IMPROVE THE SERVICE.
Then Bid For the Franchise When the
Old One Expires-It Is Belicveo
Mr.. Fisher VIII Sell, as lie
is Tired Of the street
Car Interests
Here

II Is stated upon good authority that
new syndicate of Richmond business men
has been formed, whose object IS to pu>
chase the property OF the old street rail-
way company in this city and vicinity
The work Of organizing the syndicate
seems to have been done in 81 quiet
way that the names Of the gentlemen
Who are Interested IN the enterprise,
could not be learned last night II was
learned. however. that Captain Andrew
Pizzini. formerly manager here OF the
Old company's affairs. but who some time
ago gave up that position. is now in New
york as the agent of the syndicate, for
the purpose Of negotiating for the pur-
chase Of the properly. and 1t is understood
that the negotiations are moving along
steadily with favorable prospects Tor the
deal TO be soon consummated
WILL PROBABLY SELL
Il is not known how much viii be Of
fered for the property, or what conditions
will be made In the deal II Is said tha'
the old company will sell rs property IN
Guiding It's tracks power house rolling
stock and rights and privileges Tor
reasonable sum. inasmuch as Il Is thought
IN have been LOSING money in the operation
of its lines. and General Manager George
+, Fisher, who controls a large part OF
the property. Is said TO be willing to get
f. off OF his hands and be relieved from
further responsibility In operating IT.
,-he franchise Of the Main-s'reet line
will expire ln "a short while, and there
has been a good deal OF speculation as te
whether or not the CiW Council VII re-
new 1t.
II ls said tia fne new syndicate VIII
II they ses.re con sol OF the company
property make MANY improvements ane
Will overhaul Che whole plant with a Jiew
NJ elving a much better service II they
get the property they will bid on the
franchise of the Main-street line when
that runs out aud IL IS believed that II
the public are given a satisfactory SER
vice. and the new syndicate shows dis
posltion to regard the rights Of the public
the city Council will re'Very apt 10 lei
them have the franchise when the time
comes 10 renew or rescind it.
THE OLD SYNDICATE.
It will be remembered that a syndicate
was formed several months ago with
view of bidding on the franchise OF the
Maln-street lire when that ran out. and
for the purpose Of securing a controlling
interest In some Of the old companys
property In connection with this syndi-
cate tho names OF Messrs. Charles L..
williams James y. Boyd, Miles Martin.
Virginius Newton. T. c. williams, Jr.,
Thomas Atkinson. X. s Bosher. Dabney
Crenshaw and A. r. Ellerson we're men,
TONED. Several Of these gentlemen were
asked yesterday IL their syndicate was
negotiating for the property OF the old
company but stated that tho syndicate
was formed 70 bid on the franchise Of the
OLD company and secure its charter when
4, expired: that there had been. so far as
they knew. no negotiations Of late for the
purchase OF the street railway property
and they knew nothing about the move
rnent as referred to above.
II was evident from their remarks that
they knew nothing OF the new syndicate
or its objects.