The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-11-20
! '',E:'.ABOAD'S
!. ]. new DEAL
CONTINUED from First Pnge.)

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Line to find monuy to meet its current
expenses. tbs management looked about
for financial backing that was willing
70 develop this system.
According to the statement given by
Mr.. John Shelton Williams, after tho
new election Of directors, II appears
that It was entirely due to MIR. 8. Davies
Warf1eld. OF Baltimore. that Messrs.
Thomas r. Ryan and Blair and Company
were induced to come forward as flnan-
clal hackers Of tho s.,aboard, ana como
forward these gentlemen did, aud Messrs.
Laden burg, Thalmann and Company have
withdrawn In their favor.
Over Two Millions.
''The amount to be furnished by thu
new interests In the property Is shout
$4,000 OR sufficient to cover the floa t.
Ing Indebtedness Of the Seaboard Air
complete the Atlanta Birmingham ak
tension.
THE control Of the road will rest with
new interests, who are generally under
stood to represent J. P. Morgan & CO..
tbs Southern Railway, and the Atlantic
Coast Line. The voting trust will bs so
composed as to give II majority represent
tation to tho new interests Y is said
that the makeup OF this voting trust
will proba bly, be: John Shelton Williams.
Thomas IF. Ryan. James A. Blair. g.
DavI,s Warfied. q. +. Yoal,um and T..
Jefferson Coolidge, Jr. The present vot
Ing trust will meet tomorrow. and tho
changes will then he made as above set
forth. Tho operation OF TIL. seaboard
Air Line will however, DO continued as
that OF an antt-A,- sarrr,te company"
The New Board.
According to the New York Tlne-:.the
new board, which Is composed of tho
I following gentlemen. will represent tho
following Interests: y x
John Shelton Wlllams.... Richmond. Va.
/ Thomas F. Ryan........New York. n. F.
James "A. Blnir..........New York. N. r.
]. William Mlddendorf. Baltimore, Nd.
g. Davies Warfield. Be fillmore. Md.
James Fl. Dnoley ........ Richmond. Va.
c. Sidney Shepard. New Haven, Conn.
j M. fBarr..s.................. Norfolk. Va.
Ernst Thalmanr......New York. n. Z.
B, T. YoAkuni.. ........ New York, N. Z.
Fl. Clay Pierce ............ st, Louis Mo.
Oakleigh Thorne New York. n. \.
Norman e. Rean.... Chicago. III.
T. Jefferson Coolidge. Jr.. Boston, Mass.
Nathaniel Thayer. Boston, Mass.
Messrs. Williams Middendorf, Dooley.
aud Barr represent the original Southern
interests. Messrs. Ryan. Blair, Warfield.
Ream, Coolidge and Thaycr represnnt the
way interests. Messrs. Shepard and
'Thalmann represent the Ladenburg-
Thalmann interests. and Alessrs. Yoa-
kuhn, Pierce and Thorne represent the
so.called '"Frisco' interests The new
directors arc AIessrs Ryan Blair. Ream.
coolldge and Thayer. Mr.. Wartleld hay
Ing been reelected to the board after
an absence OF only few months.
The Ladenburg-Thalmann interests lost
Messrs. B. S. Guinness. George w.
Watts and T. Y. Van Worst, This leaves
the seaboard with the strongest sort OF
financial support, and insures It both
means and opportunity Of carrying out
It's plans for development.
Mr.. T. Jefferson Coolidge, Jr.
T.. Jefferson Coolidge. Jr., who repre-
sents the Old Colony Trust Company, OF
Boston. is not we'll known In Richmond.
and not only Is not an owner OF Tuck
ahoe, but has never even Visited that
place. He Is the son OF r. Jefferson
Coolidge, OF Boston, who was minister
to France under. Harrison, and he Is the
/, first cousin of the Messrs Coolidge.
who bought Tucka hoa some years ago.