The times. [volume] (Richmond, Va.) 1890-1903, 1900-01-10

100 Broadway.
New York.
New York. January S, 1900.
w. H. Page. Jr.. ESQ.
New York, n. Y:
Dear Sir,-In answer to the offer OF
John Shelton Williams. Esq, president OF
the Seabcard and Roanoke Railroad Com
pany and the Raleigh and CASTOR Rail
road Company, contained in n letter adj
dressed to me. dated at Baltimore, jan
nary 5, 1900. of two hundred dollars (s20o.)
per share for the Seaboard and Roanoke
stock owned by me. I beg to say that you
are authorized on my behalf to purchase
at any time and place at three hundred
dollars (s3o0.) per share. any amount of
the Seabolrd and Roanoke stock, either
common or preferred, which. together
with my present holding. will secure to me
the control of the Seaboard Air Line
system: provided only that there shall
be restored TO the treasury Of that COM
pany in the sworn statement to the Cor
noration Commissioners OF North Carolina
July ]. 1S?S, viz:
sT42.2o0 Raleigh and CASTOR Railroad
stock.
$500 Columbia, Newbery and Laurens
Railroad Company stock.
S250,000 Georgia, Carolina and Northern
Railway common stock.
$4,000 Georgia, Carolina and Northern
Railway Company preferred stock.
$500 Seaboard and Roanoke Railroad
Company stock.
$1,000 Carolina Southern Railroad Com
pany sic ok.
S24.g75 Seaboard Air Line Belt Railroad
stock.
5000 Southeastern and Atlantic Rail-
road Company stock.
$4,000 Roanoke and Tar River Railroad
Company stock.
S1.4oD Richmond. Fredericksburg and
Potomac Railroad Company dividend OBJ
legations.
$751;, 500 Old Dominion Steamship Com
pany stock.
pany stock.
$500. 0tj Carolina Central Railroad
bonds!
s14oo Richmond, fredericksburg and
Potomac Railroad bonds.
$4,000 Carolina Central Railroad (Shel-
by division) bonds.
SG00,0 900 Seaboard Air Line Belt Railroad
bonds.
And that there shall be restored to the
treasury of the Raleigh and CASTOR Com
pany the securities stated 10 have been
in the treasury of that company in the
sworn statement TO the Corporation Com
missioners of North Carolina July !,
1895, viz:
s1se.Soo Raleigh and CASTOR Railroad
Company stock.
$772.2OO Raleigh and Augusta Air Line
Railroad Company stock.
s192, 200 Seaboard and Roanoke Rail-
road Company stock.
500 Louisburg Railroad stock.
$500 Cincinnati. Nashville and Louis
Vile Railroad stock.
S531, 800 Georgia, Carolina and Northern
Railway common stock.
SS2J0,00o Georgia. Carolina and Northern
Railway preferred stock.
$500 Richmond. Fredericksburg and
Potomac Railway stock.
sl5O,0oO Durham and Northern Railway
stock.
5000 Carolina Southern Railway stock.
S249So Seaboard Air Line Belt Railway
stock.
si14,5i1.06 Carolina Central Railroad
Company second mortgage bonds.
100000 First mortgage (Shelby division)
Carolina Central bonds.
This offer assumes Of course that the
financial condition of these companies as
to assets and obligations have not been
materially changed since these official re-
ports were made to the Corporation Com
misioners on July /. 1898.
The securities of the Raleigh and Gas
ton Railroad Company. Mi. Williams.
on the Goth day Of October. 1899, per-
sonally informed me at my Office, were
still in the treasury of that company.
except that from considerations of expe-
diency Mr.. Williams had placed them in
the vaults Of the Richmond Safe Depos-
it Company. Of Richmond. Va, of which,
I believe;r he is president. and that the
treasurer of the Raleigh and CASTOR Rail-
road Company had received the certificate
from that company for these securities.
assume this 10 be the fact. although
observe from the sworn reports. q GER
titled copy of which / have since received,
made by the Tice-president and treasurer
Of the Raleigh and CASTOR Railroad to
the Corporation Commissioners Of North
Carolina on the 18th of September, 1899.
all of thse securities had heretofore
been sold.
Very respectfully.
THOMAS f. RYAN
state of New York. County Of New
York hereby confirm the above.
THOMAS f. RYAN.