The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-09-03
A1RBITRATE
WITH. FISHER. Is;
Plan to Settle Dispute With.
P. and r. Company.
FRANK j. GOULD lNSPECTS
Takes Run Over the Lines Of His
Company Here--.What He Says
About the Question Now
at Issue.

Mr.. Frank Gould, chief owner Of the
properties Of the Virginia Passenger and
Power Company, whose arrival Tuesday
night was mentioned yesterday. is still
in the city stopping at the jefferson
Hotel He is accorppa MED by his friend.
Mr.. Bayne, young New Yorker.
4 The presence Of Mr. Gould here at this
time was for the purpose Of attending a
meeting of the directors Of the company
and the Inspection Of the company's prop
erty here and in the suburbs. The chief
business OF the directors was for
the purpose of electlngsan arbitrator to
confer with one to bes selected BY Mr..
George e. Fisher, and another to be Sc
lected later. This arbitration tribunal Is
the method agreed upon by Mr.. Fisher,
former owner and stockholder In the
Passenger and Power Company, and the
officials Of the company for the adjust
ment of certain large money claims OF
the company against Mr.. Fisher and cer-
tain counter claims Of Mr.. Fishers
against the company.
5@$5 YHE MATTER OF CLAIMS.
lust how these claims arose and the
amounts involved are not definitely
stated. Mr.. Gould stated last night In
conversation with reporter for The
Times-D Dispatch that the amount Of tho
claims OF the company against Mr.. Fisher.
over and above his claims against the
company would approximate II they did
not fully equal a million dollars In
amount Asked how these claims arose on
both sides, he stated that 1t would take
long time to tell, as the statement OF the
matter covered a volumir rous typewriter
exhibit. lie stated, however, that Mr.
Fisher had In his possession property Of
the company to the amount stated and
more. .RF.
Being pressed ,toSsay in what the prop
erty involved consisted and II It was not
+ in tho securities Of the company, Mr.
Gould could not definitely state, but left
the impression that Mr. Fisher had got
ten some advantage In the deal. when
: he sold the properties here.
THE ARBITER CHOSEN.
ID Mr.. Gould stated that The Passenger
and Power Company had selected as Its
arbiter5 Winslow S. Pierce. of New York.
Mr.. Fisher will have ten days In which
to name his representative In the trium-
vlrate, and that from the expiration OF
that time ten days additional would be
granted for the selection OF the third
man. Mr.. Fisher had agreed to leave
the dispute between the company and
himself to arbitration. thus obvlating
a suit in the COURTS Mr.. Gould and his
assoclat tes In the company claim that
Mi. Fisher owes the company more than
a million OF dollars in money and securl-
ties. Just how much Mr.. Fishers claims
aggregate Mr.. Gould did not state, IT,.
indeed. he knows II the company's claims
against him will amount to a nilllon dol
lars over and above his offset claim,
then the Fisher claim must be a small
one or the company's claim against him
is rather more than million.
i{ysg MAY GO TO COURTS.
Mr., Gould was asked II this arbitration
agreement would not wholly obviate the
necessity for airing the case In court,
since both sides having agreed to arbitra-
tion were in honor bound to abide the
decision OF the tribunal selected. he re-
piled that he did not know. He said this
in such a. dubious way that he was asked
again how the agreement could fail OF a
settlement and replied that Mr.. Fisher
might not accept the judgment of the
arbiters.
Mr., Gould stated that he would proba-
bly, be In the city for several days, He
rode out to Westhampton yesterday after-
noon and went over tho other lines Of
the company in city and suburbs, and In
dicated that he would probably go over
the interurban line to-day or tomorrow.
Tho reporter took advantage of the
opportunity to crafty his curiosity as to
the pronunciation Of his name. and re-
plied that It was pronounced as though
Il we're spelled Gold. He remarked how
ever, that In certain parts of the West
certain, newspapers had been so unkind as
to cali II Ghoul-ed and to spell 1t that
way,