The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-02-09

Williams. H0TlY
REPLIES TO 4! BARR j ||||.
#8{5 Continued from First Page) y3s5 Il Ii
I beg to return lease in duplicate here
WITH .S35 I'll n
# lsIgned) ]. & NJ. BARR.
4 s'..'V enormous Attacks
Immediately after the writing Of the
above letter. Mr.. Villains began, withou
other provocation. his tYenomous alta cks
upon me. S,g # s5s y AZ
Ut was definitely agreed with Mr.. VIII
Iiams, at the time took charge of the
seaboard Air Line Railway for Its opera
cost OF service could be made by grade
reyisons, or by providing necessary fa 70 n
'cilltleB for the economic handling OF bust
ness, that money would be provid led there.
for. This has not been done. When took
hold Of the property In 1901, I found IT to
be In bad physical cond ton, and IT was vas
being skinned for the purpose OF making
d showing. II the methods then In effect
had been continued, 1t would ne We .beenS
impossible to move trains safely over the
road. The work OF improving the. prop
erty wa s linn ediatclyJ begun. and has been
carried forward systematically since. Tf:s
has been done. however, without the sup
port OF Mr.. W illiams who desired IN
stead that showing be MADE g S wn is u
would increase the market value OF the
company's securities, a t the expense OF
the ", 4, 7, I, 7, +, VIA
8 Norfolk. Va. J anuary 20 1905 H
Statement Untrue. b,
90 :, cnly,ng to ~ lie t circular a letters of
Messrs. II j ohm II. 1Xilliams and Sons Of
January II, 1905, written BY MI. John ~.
skelton llanls. m whch he &ts \ CRIT;
Ec,zed for aggeratng he financial re- re-
tduiremcnts@ OF the road, and sugges ting
:1,nprofltable expenditure o f5moneyi In Sim--
rrovcments, Mr. Barr says Al 5 Vi
This statement is untrue and without
foundation. as is sho wn below: 4. rs
submitted to the Executive Commit
tee OF the seaboalL Air Line fRa ilWay. on
April 90 1904, In compliance wi tn Its re-.
quest q budget 4 covering the wants q o.
said road for the next five years 80 y far
as same could be forcseen. This ondset
included an item covering grade reylssions,
at an estimated cost OF 800. 600. This
sitom was included In said budget in conf.
,,..ancc With request by said committee
for an estimate Of tho cost OF red ucing
grades on the main lines OF the Seaboard
Air Line Railway to ono per cent ana
shows clearly on its face that the work
was not justified under existing condi-
lions: ss sat ss II. y. WI
the budget here named to the Executive
Committee, tates: 81 ri a3s q S5
35,'As to grade 8reyisions. Present trait 70
will not Justify the cost OF revising main
lines to one per cent. grades. MS the IN
tercst on the cost thereof will exceed
the saving resulting thcrefrom. One .ex-
ception to this statement is between
Raleigh and Hamlet. where. on q ccount
OF broken grade line, revision TO one per
cent. grade line should be made, and the
cost thereof will DO moro than offset by
saving resulting. Tho cost OF TINS Work DIX
viii be within s3o, 900. \ Y
"A Strong Charge.
Mr.. Williams has, therefore, made II q
iwllful %msstatement OF the. facts IN \ TINS
case. 81 or else he is incapable OF dis
stlngulshing right from wrong where II !. ms ls
feelings or interests are concerned ~ as
would appear from tho transactlo ION given
below: 9. Il n $5i g Il. g
The memorandum OF q grecment, ot Az
gust 2, 1903, between j ohm Il. Villiams and
sons OF Riclln1o nd, Va, OF AL, arties Ct
the first part tho scaboard Air Line Rail-
way, a corporation Of the States OF Viz
gInIa ana North Carolina, party OF the
second part;.and the Savannah and States
boro Railway Company a corporation OF
the state Of Georgia. party OF the third
of tho seaboard Air Line Railway, con-
u ot,,, {Io4 followfr O. nroy sion ~
l3''Artlclo No, 8, Tho Savannah and
statesboro Railway Company agrees that
as compensation to the parties OF the
first part for their services In securing
from the Seahoard Air Line Railway Its
guarantee OF he bonds OF the Savannah
and Il statesboro Railway Company MS
aforesaid, thereby placing the latter com-
pany an a position whereby It 2an With
greater facility arrange to make the pro-
posed extension OF its line. y VIII pay ana
deliver to said parties OF tho first part
twenty-five thousand dollars (s25. 900 Of
Hts first mortgage bonds, 'S3, L. 4-
This guaran tee WAS regularly authorized
by the Board OF Directors OF the Sea,
hoard Air Line Railway, on Mr.. VII
SlIams's initiative He did not state to the
board, however, that he was to be paid
Ia commission for procuring same,
AS owners o. majority Of the stock
l.0f the EaYannan ana StatespovO AFt1iAWNs
Company. he and his associate voted
themselves a commission OF $4,000 II
tho first mortgage bonds Of said, road
for securing the guarantee BY tho Sea,
board Air Line Railway of Sls5, O00, pal
value. Of the first mortgage bonds Of tbs
9saYannall and statesboro Railway, ownec
by him ana his associates; and whtls
serving as president OF the seahoard All
Line Railway no accept ted such commits
sion az compensation for inducing sale
railway 10 guarantee the first ~ oNtsags
bonds nf the Savannah and Stat sboFs
SRai lway Company
Ne # 3s',sS n, n y AAIEs M, BARR,
Norfolk, Van n, 226, 1906. t NJ
Vigorous Reply,
In reply 70 Il hese charges, Mr.. John
| SHELTON Williams makes the olloWine
4 SIT tement through The ines, Dlspa tcll
ghis mat Ten ID "a largey az any per,