Evening capital. (Annapolis, Md.) 1884-1910, 1905-01-05
II Is NOT FOR Annapolis.
THE ELECTRIC ROAD NOT
TO COME HERE.
Reorganization of The Prospective
Electric Road Does Not In
clude Old Line.


Annapolis Electric Railroad Company
which is being effected the chances
are that Annapolis will be left entire
Iy out of the plan and that the An
napolis, Washington & Baltimore
road, with depot on West street, will
be- left out of the deal.
This will result in the old steam
road continuing with its present mo-
tive power and not being identified
with the electric line further than
would result from traffic arrangements.
Although there was every indication
that the electric line and the steam
road would be operated jointly as an
electric line, this plan seems TO have
miscarrisd. That there was to be any
change in the plans of the promoters
first became known through the fol-
lowing special dispatch from Cleve-
land, o., in which city the principal
officers and stockholders live:
after negotiations lasting for sew
eral months the Cleveland owners OF
the partly completed Washington,
Baltimore & Annapolis Electric Rail
road property are to sell their inter
ests to another Cleveland syndicate
that has been organized TO complete
the road. The deal will probably be
completed this week.
1.-The road was promoted by w. II.
Lamprecht, Fred L. Pomeroy, Will
Uhristy and number of other Cleve-
land and Ohio people, and is still
owned by them. 1t was only partially
completed when the shrinkage of bus
mess came, two years ago, ami 1T was
not possible at that time to finance
the deal and carry it to completion
On July IL, 1903, the road was placed
in the hands of treceivers. A year or
more ago the preliminary steps were
taken to clear up the contract indebt-
edness. The financial troubles of the
road were preoipitated by the inabil-
ity of considerable number of the
subscribers TO the underwriting to
meet the calls for cash.
s'Some months ago there we're ne
gotiations opened between the owners
and some other CIevelanders. who were
with the syndicate that constructed
the Northern Texas Traction Com
pany some years ago, and the negoti-
ations have progressed to the point
where George L. Bishop, John Sher-
win and their associates are to pur-
chase the road and complete it. The
line is designed to furnish a high
speed service between Washington and
Baltimore, and the tracks are to be
entirely on private right-of way and
constructed so tnat the cars operated
will travel on steam road time. There
is an immense interchange of travel
between the two cities, and it is ex-
pected the travel will grow every year
as the population increases. so that
the traction line has the prospects of
an immense business from its open
ing"
When the charter for the electric
road was granted By the Maryland
Legislature, it was intended to build
a high-speed service road between Bal
timore and Washington and connect
with the old line steam road near
Odenton, making one system of elec-
trio service The charter called for
the operation of street cars in the
City of Annapolis. but was rather op-
posed to the wishes of the promoters,
as they were satisfied to have the ter
minal at the present West street sta
tion. Pressure was so strong, how
ever, that the company decided to try
and secure the Arundel Building or
the property at the corner OF North
west street and Church Circle. The
last mentioned piece of property was
finally purchased by the electric road
people and remains in its name at the
present time.
As the subscriptions to the stock of
the electric road could not be secured
| in sufficient amounts to warrant the
purchase of the steam road, it was
purchased by an outside syndicate,
which was, however, composed almost
entirely of stockholders of the electric
| road. 1t was the key to the entrance
of the electric road into Annapolis
and, in the hands of the stockholders
would have netted them . good profit
when it was turned over TO the elec-
trio road. About the time that work
was progressing rapidly on the electric
| line and calls were made for payment
on subscriptions, the failure of the
Everett syndicate, which controls
many northern electric lines. made
| the collection Of subscriptions an im-
possibility. Although financial "
sound, the road was forced tc turn the
affairs over to the hands of a receiver.
Lamprecht Bros. and Christy wers
| the prime movers and held the buih
| of stock in both the electric road and
its integral property. the steam road.
| AS they were two separate and dis.
| tinct properties, the steam road waE
| not placed in the hands OF receivers
and was operated by the company
which took over the stock. Mr.. Cal.
| vary Morris, of Cleveland, is the pre-
sident of the company controlling the
/ old steam road. and Mr.. A. r. Hoar,
| u cretary. I6 has been paying piece
| of property ever since the new man
| agement took hold and has permitted
| of many improvements to the roadbeC
and other property of the company.
| Now that the interests in the electric
| line are to be taken over by othel
parties, il is stated that Annapolis
/ will not be made one end of the tri
angle over which electric cars will bs
operated. OF course it is within tbs
range of possibilities that the ole
line will be converted into an electric
road, but there is no guarantee tha
such will be the case. Mr.. Georg.
| Weems Williams, of Baltimore, is the
| sole receiver for the electric road, bul
he has nothing to do with the steam
road unless that he holds a small
| amount of stock. A large amount OF
ties and poles which were purchased
| by the electric railroad company, arr
scattered along the line of the stean
road and are rotting where they lay
1t is thought that nearly.$l0, 0, 600 wortI
i - tho ofoofrio road Fr0narfv lies on n