The times. [volume] (Richmond, Va.) 1890-1903, 1902-04-25
local Deal PART
Of larger SCHEME.

peareu IN baltimore as one OF Inc ne
soiators. those who have occupied these
roles have been his representatives In the
same sense that the local attorneys for
tho Passenger and Power Company have
represented him in the battles before the
City Council
FISHER REACHES HTS GOAL.
Mr.. Fishers relation to the street rail-
ways of Richmond dates from the all
tnmn of 1859, whe<, he first visited the
city as the representative of the estate
Of Maurice Z. Flynn. then lately de-
ceased. For thirteen years, despite
changes Of name and one or more pc.
RODS during which his hand at the helm
was felt, but not seen. he has been -tile
authoritative representative Of the own
erS of all or the larger part of the street
railway properties Of the city. There are
no indications that the recent deal marks
the termination Of his rule, but rather
the enlargement Of his sphere of infu-
erlce. In the creation OF tbs Virginia
Passenger and Power Company during
the past year he has taken an especial
interest Its control and operation of all
the street railways of Richmond and Pc
tersburg has been the goa. at which he
has been aiming for months.
Mr.. Fisher has reached the goal.
THE WILLIAMS INTERESTS.
Will the Williams syndicate have any
interest or place in the new company?
has been a question asked again and
again. From the authorized statements
of the gentlemen representing the bank
ng house of John l.. Williams and Sons,
it can be stated that they will retire from
all interest and control. Mr.. ]. w. Mid
dendorf, Of Baltimore, will be on the di-s
rectorate of the consolidated company,
but he will represent Baltimore financial
interests and not the local interests which
have been associated in the popular mind
with the Traction Company. Mr.. Sitter
ding, who is president Of the company
last night stated that he did not know
that Mr.. Nelson Perrin of Baltimore,
would be director of the company It
IS believed that his relation to the COM
paIly will not last longer than the period
necessary to perfect the consolidation
Local representatives, Of the Passenger
and Power Company have been considera-
bly, amused at the report that they We're
kept altogether ignorant of the negotla-;
tons which led to the deal. These nego-
tiations were inaugurated by their peo-
pie in New York; they say, and from
first to last have been a move to buy out
the Traction properties. MIR. S1tterdlng,
as president of the company and through
him other Passenger and Power Com
pany people IN Richmond have been kept
in daily touch by wire by Mr.. Fisher with
the representatives of the Merchants Trust
COMPANY. The Virginia Passenger and
power Company was formed months ago,
they say, for the purpose OF absofbne
he Traction properties. and the recent
deal was only the orderly working out OF
a plan to secure control of these inter
,sts. which was decided upon months ago,
md with which those In touch wath WI
Usher have all along been acquainted.
rrJJJ1 IPD13 RI =. CHANGES, 45f
What changes the consolidated COM
.,auv will make cannot be forecasted as
ct These changes, will, it is believed,
affect emp.oyes but little While certain
Ines of cars way be discontinued where
che companies are now duplicau ting SER
vice al. great expense to themselves ana
practically no advantage to the pubic,
lie enlargement and development Of the
company property both in Richmond.
..nd especially around Richmond. viii
call for the services of fully as large a
force of motormen and conductors as
are at this time empoyed by both the
companies.
The company WILL without doubt. con-
tinue to operate both power houses IN
Richmond, at least until the completion
OF its power house on the Appomattox.
In this way there will be very few men
in this part of the company's employ
WHO will lose their places by rea SON OF
the consolidation.
INTEREST AS TO ITS PLANS.
on a very considerable number of
points the position of the new company
will be awaited with interest. 1t has
shown no great zeal in the matter OF
securing Westhampton Park. 1t remains
to be seen whether it will take up and
Garry forward the Development and beau
tillcation of that suburban resort. It's
recent purchases attest its interest in the
New Reservoir as a suburban pleasure
park Whether it will develop a second
pleasure resort at the same time remains
10 be seen.
The relation Of the new company to the
much talked-of employees social club. for
which the Traction Company has just
completed a new building at the Rescr-
voir. was much discussed among the mo-
torImen and conductors on the cars of
the two companies yesterday. Thus for
the social club features to which the
Traction Company has stood as sponsor,
has not been a, notable success. as the
men have not Withdrawn from the local
union and the Traction Company has
never been relieved OF the necessity of
having to deal with committees Of its
employees from the union.
MIR. SITTERDING'S STATEMENT.
Mr. Fritz Sitterdins. president Of the
Virginia Passenger and Power Company,
which, through, the consolidation. Will
control all interests in the deal, said yes.
terday:
II was asked two months ago if 1
would accept the presidency of the con-.
solidated companies, and said that I
would Now that the consolidation is
practically a fact. 1 will state that the
Board of Directors of the Virginia Pas
senger and Power Company will remain
in power, with possibly a few new mem
bers. I expect the actual consollda ton
will take place in about two months.
will be the executive head OF the con-
solidated companies
From the time of consolidation the
Williams interests will have nothing in
the world to do withsthe street railway
situation here Mr. A1iddendorf, of Balti-
T1<4f,e ED;1s1G