The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-05-13
Raleigh; G. Rosenthal, Raleigh; p. II.
Morris, ASHORE.


Morris, ASHORE.
North Caroline Midland Railroad
COmpany-running from Mooresville
to Winston-Salem so miles Direc-
tors: The mayor Of Winston II. f..
Fries, Salem; G.. w Hinshaw, Win
ston; j. r. Mcclellan (deceased)
Moor esville; A. Leazar, MoOresville,
deceased; F M. Johnson, Mocks-
Vile; j. w. Cannon. Concord: w. A.
Bailey. Advance; A, B. Andrews, Raj
eigh; r. j. Reynolds Winston; M. D..
Bailey Winston; j. w. Fries, Salem;
p. II. Hanes, Winston.
North and South Carolina Railroad
Company-R Running from Virginia to
Copper Mines. 4.45 miles. Directors
COT North Carolina): A. b. Andrews,
Raleigh John S. Cunningham, OF
Cunningham; G. w. Johnson, Cnar-
lotte; f. Fl. Lee, Raleigh.
Southern Railway. Carolina Division
North Carolina lines from Biltmore
to North Carolina State line. from
State line to Marion. Directors (of
North Caroiina): George Little Raj
eigh; c. N. Freeman. Raleigh j, fl.
McAden. Charlotte; Charles McNamee.
Asheville: s. b. Patterson, Raleigh;
A. b. Andrews, Raleigh; II. w. Mil
Ter, Raleigh.
State University Railroad Running
from University to Chapel Hill. 1920
miles. Directors: E. b. Barbee Raj
eigh; K. p. Battle, Chapel Hill; w. A.
Erwin Durham; j. S. Carr. Durham
T. S. Kenan, Raleigh.
YauLin Railroad COmDany-Run-
ming from Salisbury to Norwood. ami
with a branch to Union Copper Mines.
total mileage 1870 Officers COT North
Carolina) Vice president. Theo F.
Klutz, of Salisbury; secretary, Fl. w.
Miller, of Raleigh assistant secretary
A. H. Boyden. of Salisbury: directors:
d. r. Julian, Salisbury; j. S. Hender-
son, Salisbury; r. j. Murdoch, Sails
bury; l.. w. Sanders. Charlotte; S. H
Hearne, Albemarle; j. M. Morrow AL
bemarle; ID. n. Bennett Norwood; e.
b. G. Hambley, Rockwell j. M. OdeIl
Concord; A. b. Andrews, Raleigh:
Walter Murphey. Salisbury.
With the exception of the Yadkin
Railroad Company, and i'm that in
stance only in the case of vice presi-
dent and assistant secretary. the roads
above enumerated are Differed en-
firely by Southern Railroad officials,
either in Raleigh or Washington. To
all intents and purposes they are
Southern Railroad properties in the
fullest sense. Why the show of or
ganization, and why do the directo-
rates include almost a catalogue of the
manufacturign interests west of Raj
ei@fr which hr any shadow of chance
might be inimical to Southern Rail-
road interests? There is much book
Eee!tin% incident to the keeping up of
these lines which is not the general
practice of immense corporations
What is the motive. first. of the South
ern in thus affording opportunity for
complimentary directorships? And,
second, why the change of heart of
Messrs. Cone and Cox, in particular,
as to the matter of rate reductions, as
reflected in the correspondents letter
above quoted?
These be all honorable men, and Cit
liens, for the most part of undoubted
and in many instances pre-eminent
business sagacity. They are. many of
them engaged in manufacturing and
are large shippers OF freight. Is the
value of an empty honor of director
of road that stops almost before it
starts-or even the value of the en-
tirely incidental free transportation
sutficient compensation to blind them
to the advantage Of lower rates of
shipment on the products they have to
sell? Surely it would seem So for it
is evident that the directorships
themselves are not of sufficient inn
portance to lay these gentlemen open
to the charge of speaking from their /.
personal interest in the railroads |
themselves.
Even more is it unthinkable that |
these gentlemen should for their own |
pride and their own free junkets sac
rifice the interests of the stockholders |
of their own manufacturing corpora
tons!
What, then, is the reason for the |
Of railroad organizations /
maintained by the Southern Railway? |
And what is behind the sudden conf
dence in the Unborn benevolence OF