The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1903-06-06
FA|RBA|RN IS
NOW PRESIDENT
-%
Mason Elected First Vice.
President==0arrison
Director.


Brunsw ick & birmingham r. Il. Co.
was held in New York yesterday and
resulted in the election of Il. A. Fair
BARN as president and Il. II. Mason,
of this city, us first vice president of
the road, In addition to this w. II.
Garrison, president of the American
Finance company of New York; was
added to the list of directors, and
Frank A. Umsted, former president
of the board of directors of the COM
pany, rendered his resignation and
is relieved of all official and other
connection with the property.
The following telegram was received
by Hon. e. II. Mason, the newly elect
ed first vice president will be of inter
est to the people of this city:
New York, June 5. 1903.
e. II. Mason,
Brunswick, Ga.
My associate and myself have as
Sumed charge OF the Il. & b. Railroad
company, Mr.. Frank A. Umsted has
resigned all offices. w. Il. Garrison
was elected director. ! have been ell
ected president and you elected first
vice president Outlook is favorable.
Full particulars by letter.
(Signed) r. A. FAIRBAIRN
When this information was receiy-
ed in Brunswick yesterday it was the
subject Of general favorable comment
indeed, it cleaed away the mist of ui-
certainty which, for several weeks
has been hanging above the B. &
B. situation, and in momentrestored
deepest confidence in the enterprise
on the part of the people of this city.
MI. t'airbairn, the newly elected
president, is a New York banker is a
member of the New York stock eX-
change, is a safe, sound, conservative,
wealthy business man, and the fact
tive head of the road means that it
win be pushed Oh to birmingham as
was originally intended
The addition Of Mr.. Garrison to the
& rect0rs OF the company is another
aIthy sign of the fact that the Il.
II b. has been placed high add dry
above the scething mass OF uncertain
ty and doubt that has threatened it
for several weeks.
MIR. Garrison is among the pr0mi-
nent business men iii Gotham, he is
president Of American Finance Gem
pany, is a shareholder and director in
ST me Of the larger c0ncerns Of he
metropolis, and brings TO the Il, & Il a
certain financial prestige that SaVOrS
Of good results.
Hon e. II. Mason, whose eleNat ion
to The first vice presidency of the com
pany, practically puts him in control
at this end Of the line, WAS Seel by Il
representative Of the News yesterday
afternoon and when questioned on
the subject he said that the days de
VelOpmentS were most rttinly OF an
encouraging nature. He has great
confidence in Mr.. Fairbairn and Mr..
Garrison and thinks that through the
ilstrumentality Of these gentlemen
and the other members OF the board OF
directors hat the line will be rapidly
pushed to Birmingham
Mir. Mason expressed himself as be
ing well pleased with the new devcl.
0pmentS. lie has been to New York
lately, is well posted on the Situat ion
has personal acquaintance with The
new officers and believes very firmly
that lie results of yesterday meaf
continued prosperity iOr the B. ~ l..
The News Is very happy Oery the situ
alton and it feels that the elevation
of Mr. EairDairn to the preSidenc,
must necessarily mean a better era oI
progress for BrunSwick'S S pet rdilrOaC
which of late has come to be Il part ant
parcel of he people OF this city.
All III all yesterdays development!
in New York will certainly serve Il
inspire the people Of brunswick witt
renewed confidence in he Il. & b.