The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-04-04
BY THE DEAL THREE THOUSAND
MILES OF TRACKAGE ARE CON-
SOLIDATED UNDER ONE MAN
AGEMENT.
SOUTHERN WILL NOW BE GIVEN
FEE SIMPLE RIGHTS INTO
JACKS SONViL LLE-ATLANTA PA.
PER SCORES A BIG SCOOP"

The Atlanta Constitution yesterday
printed a lengthy story from its New
York correspondent to the effect that
! the entire Plant System has been ab-
sorbed by the Atlantic Coast Line.
The Constitution was the only south
ern paper which printed the article
and if it proves to be true it will be
one of the biggest scoops of the
year for the enterprising Atlanta pa
per. The Constitutions correspond
ent, in part, says:
The Constitution is enabled to an
lnounce by direct and absolute author
ity that the Atlantic Coast Line sys-
tenn of railways mas absorbed the
Plant System and that at an early
date both the systems will be con
solidated under the name and charter
of the Atlantic Coast Line system.
The general management of the Coast
Line will operate the entire system.
all the lines of both systems being
merged into one great system of rail
roads aggregatlng 5000 miles
For the past month there has been
considerable talk about the consoli-
dation of these two systems. 1t was
reported at one time the Pennsylvania
system was at the back of the deal
and that it would absorb both the
Coast Line and the riaut System
Again it was reported that the South
ern railway was about to obtain pos
session Of the two systems and there
We're some who gave credence to
this report. largely on account of the
intimate traffic connections establish.
ed about a year ago between the
Southern and Plant System.
Your correspondent -.ere, however,
is enabled to lay open the story OF
the whole deal to give TIE Consti-
tuition an exclusive news announce
ment of intense interest not only to
Isix southern states. but 70 the fnan-
cial world as well.
Negotiations have terminated and
the only thing that now remains to
be done to complete the formal merg-
ing of these two great systems is
the issuance of tne actual orders that
will bring about the consolidation.
The Southern's Master Stroke.
While the Southern is not directly
interested in the zeal, it can be an
nounced definitely that it has made
a splendid stroke in securing a per
petual contract obligation by which
it will have fee simple rights into
Jacksonville from Savannah con
meeting with It's eastern lines. and
from Jesup connecting with it's
western lines.
The Southern now has a contract
arrangement with the Plant System
| by which it delivers to the Plant
System It's eastern trains at Savan-
nah, the Plant System handling all
the Southern trains from Savannah
to jacksonville to which point the
Southern operates it's through trains
from the east Likewise the Southern
operates a through train service from
the west to Jacksonville, just as it
does with the Southern's eastern
trains from Savannah. 1his is done
| by traffic arrangement. Under the
new deal, whereby the Atlantic
| Coast Line and the Plant System
are to be consolidated, the Southern
secures perpetual contract right
for the handling of all its trains from
Savannah and Jesup into Jacksonville,
thus virtually making Jacksonville
the southern terminus of the Southern
railway system and putting that sys-
tenn into Jacksonville with practically
the same rights and advantages en-
joyed by the other great systems
centering there.