The times. [volume] (Richmond, Va.) 1890-1903, 1902-01-04
WILL NOT AFFECT
PETERSBURG LINE
Embarrassment Of Ohio SYndicats
Not 10 be Felt Here.
Mr.. fREst lEatrs The. Clll.
lie Goes to New York 10 Spend Day e,
Two, blu, before his Departure Talks
Of slreet-esr Mstters-lns
Nesrios Completion.
Mr.. fREst LEAVES The. CllN.

The financial embarrassment OF tn.
Eyerett-AIoore Syndicate, OF Gleveisno'
Ohio, which is interested 10 CERTAIN q
tent in the Cleveland CONSTRUCTION Com
pany, now building The electric line TO
Petersburg, Will in no way interfere Wiz.
she construction OF the road, nor haHe
nny effect on the deal which is nov OIL
foot towards consolidating the line With
tho Richmond Passenger ana Power Con
pany.
This statement was rlado yesterday bs
1sr Fresa, who represents the Cleveland
Construction Company here. He added:
Only through their individual holdings
are Messrs. Everett and Moore interested
in tho Petersburg road"
As fIT as the recent transactions In
railway circles, which indicate tbs con-
soiidation finally Of the Petersburg cys-
fcr1, the connecting line Of the Richmond
and Petersburg Company and the Rich
nond Passenger and Power Company,
are concerned, things seer to be in an
unsettled state.
WHAT ME-. FRESE SAYS
Mr.. Frese, Independent. OF the Eich-
raond and Petersburg Electric Rsltw".
Company. whose name is given as enc
OF the directors In the Virginia Passcn
ger and Power Company, which is IN
company the result OF the cense!idS-
ton ef the souths!6e Railway and d,
vsiopmsnt Company sud the Virgin.
internal Development Company, return
cd last night frern Akrer. O.. ard IN az
eussinE the situation yesterday speke as
though the ecs4 was sut beku4,.
schems. which IS being worked. VIII W
tinRtely result In the consolidation ef IN
FichmeRs Passenger and Power Gem
sEny. the Petersburg lines and the cen
. -. N--A
tershurg Railway Company.
IN bringing this about the centest 10
between tho Fisher interest and the
Everett-Moore Syndicate. Of Cleveland.
O., which is building the suburban line.
and tn. question now eff the greatest IN
;erest is who will come out on top. or, In
other words. which Of the two will con-
troll the consolidated company.
ut viii be several week. before the
matter will come te 4 head" said Mr..
F;ese but I think eur people will come
cut alright"
He would rot make any explanation Of
The situation. and said st this time things
were in an unsettled eonoition.
Mr.. rrese left lsst night for New York
to be gone spy or two.
SOON RE Connected.
Tt is stated that the Richmond ard Pc
tersburr Company will be operating cars
en- regular schedule between Manchester
md Petersburg by the 10th Of this month.
TIE line is about completed. The track
has been laid to the river, and at pres
ent the construction force is concentrated
At the Petersburg lend OF the line and
upon the bridge which is being erected.
over which the road viii enter the city.
The underground crossing of the Atlantic
Const Line tracks near Dunlop's, which
caused some delay has iheen gotten
through, ana the MA 1isSnow clear! Tic
cars will not run, for the first month, at
least. further than the Turnpike and
Hull Street but il is practically. certain
that as soon as The condition Of the
Free Bridge will permit the safe passage
of the heavy cars, they will be run into
Richmond to Seventh. and Broad Streets.