Smyrna times., 1900-02-14
VAN SEWER SAFELY DELIVERED
ON THE ROUTE BEWEEN FISHERS ISLAND
AND NEW LONDON, CONNECTICUT
Made Successful Voyage Around the Canes
Ocean Route to New York, and Now in the
Hands of Its New Owners.

The Steamer Elizabeth Van Solver
so long owned by the SMYRNA Trans.
portation Company, arrived in New
York on Saturday and was turned over
to its new owners, the Messrs. Ferpn-
son, of the Fishers Island NAVIGATION
Company. 1t was taken thence to New
London, Connecticut, and will be out
on the route between Fishers Island
New York, and that city.
The Steamer Elizabeth Van Solver
left Smyrna for New York Monday af-
ternoon of last week. On her arrival
at the Breakwater, easterly winds pre-
vailing, the steamer was forced to re-
main over until Friday. About A. M.
that day, IN tow of the tug Jas. Nc
Caulley, and under her own steam. the
Van Solver passed out to sea in charge
OF Capt. ). HI. Richards, of Philadel-
PIMA, and crew consisting of Geo.
Lovegrove, engineer, Emmett Lewis.
W. ID. Stevenson and G. Magee, from
Lewes, Del. They had fairly good
weather, though a little rough until
they reached Barnegat Light, and ar
rived at the wharf in Jersey City about
A. NJ. Saturday. The boat was turned
over that afternoon to the new owners.
the Messrs. Ferguson. Messsrs. Love.
grove and Lewis remained on the Van
Solver to take her to New London,
Conn. for the new owners.
The Van Solver will be put on the
route between Fishers Island and New
London in place of Steamer '@Mona-
tauket, which will lay up until sum-
mer season, when the two boats will be
run. The Monatauket carries passen.
gers only and the Van Solver, freight
and passengers. Both boats will carry
the y. S. mail.
The Van Solver has made a good |
name for herself in these waters and
the new owners were fortunate in get |
ting such staunch, good steamer for
the price paid, 100000.
The sale of the Van Solver leaves the !
Smyrna Transportation Co. with all |
the property owned by the former
Brady Steamboat Co., which was val
ued at $40, 900, and in addition, the
real estate and personal that was owned
with the Van Solver. The sale of the
Steamer Van Solver for the same sum
as was paid for her in 1892, liquidated
that debt and left the other pro 9erty as
an asset. None of the stock of the
Smyrna Transportation Co. has been
put on the market, but the properties
have been carried, leaving the issuance
Of stock to be future consideration.
If the Brady Steamboat Co. s property
was worth $4,000, certainly the same
property with that belonging to the
Steamer Van Solver added thereto
should be of value to an equal
AMOUNT
A limited amount of this stock will
be issued on demand at par value, ten
100 dollars per share, and will un-
doubtedly be a good paying invest
nent.
The new business opened up in the
past few years, has added very mater
ally to the prospects of the company,
and there is no doubt but that its fut-
IRE outlook is brighter than ever be-
ore.
The men forming this company and
Who have maintained the fight for the
Home Line, are well-known town peo-
Die and the fact that they have backed !
he enterprise through the past crises
md continue to do so now, is in itself
'uticient to warrant the confidence
md support of the people. :
0El AWADC DDrcc AccnctATtoN 6