The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-02-10
7'|'H[:BLA|R-RYAN
PLAN ACCEP|TE.|D.
/ l5as dorsed t4ill I 2 2 Baltimore Iii
Yesterday BY the ,5 Pro 2 tt.:: 1.
tive COMMITTEES. sss
OTHER COMMIT i. /. E: OPP 9 osED
Statement Are Issued BY &. Both: Both
81 the Bodies Over " en- q
bers' Signatures.
OTHER COMMITTEE: OPPOSED . { |:'|:.[:
!.


Especial ITO The Times. DlsEAs ~
= < Iy'rINIo ET2 u, Feb 81 81 2 # tW a
baltimore committees q ste folders o.
tia seabonrd al Limo r ilway met to g.
day. ono endorsed The Blair Ryan pan
and the other announced Its policy1 u op-5
nosi tion! Tho endorsement Of the plan
was made by the prot TIVE COMMITTEE
composed OF Nessrs, Gustayls ober,5 l li..
A5 orrick, Frank $ Han,hle ton, Town 7'wSIl1;
semi scott ana Simon STEIN This COM
,,mIttce issued tho following sta temaan
81 d meeting OF the Sea Board - AT
Linz Protective Committee. held to-day
| M was decided 10 announce that after
careful examination and scOnsld erslcio II g +
tho plan of consolidation and 8 DEPOSIT
asrecmcnt OF the Sea board Air Line, de-
liyercd January IL, 905, 81 g'g ted by the
board sof directors, and ~: personal IN
|Evestigation OF tho requirements ofs,. y.
road, the senboard Atrs4Lne q ro 'ts
Committee 1lnanimously recommends that
the plan be promptly ratified by & every
stockholder BY the deposit Of his. st oc ,l
with the Repositories, delivered either$to;
Continental ,rrust Company Of a!timore8
OF The M orton Trust Company Of y y. eW
York 1t is the opni tho committee t,
that with the prop Xpendtture OF me l
81, 500 600, I lie system Will be placed IN
position not only to handle the present.
business, but Il largely Increased tonnage,
(whichsis assured) moro efficiently and
economically than ut present, when when
necessarily will accrue ito the aaEall-65
l$tage Of every ST oclt Eo ID or.
Increase Of Shares.
IA member ii q tho committee stated that
between II, coo and 80, 600 shares Will lie
Increased BY this action. and that before
reaching itsadeclsonSthe committee was
assured thu no change would sbe mace
In tho plan, q, &
ri The other pooling committce,, lllVi'ls
| III Charge the interestsS Of Il holders Oh
about GO. 900 shares OF the stock Q the
seaboard Air Line Railway Company IS
composed OF Z. Ruhstrat chairman y.
Morton Stewart and James u. Sellman ott
Baltimore, ana Frederlc ok Il - olting, 81
Richmond, Va. This committee succeeded
Ito tho functions Of the former. atl vlsoryl
committee, which consisted OF Mr. C.S
Morton stewart (chairl,lan), G. Ruhstrnt,
James IT, Sellinan mud B. Howard Fl anna NJ
| Of baltimore and Mr., T. Skelton w tli..ams,
! of Virginia. Mr.. Williams res gned from
tho committee. and M ~ FRED rlck5 ~ "
Noting. was appointed In Ills place VI %
Representative interests south Of Nlaryland,
Mr. ITamanaalso asked TO bogrelieYedrf iron from
work on the comm ttee,, since he was one
or the firm or Cans sand III Iamhn, Who
had been employed MS counsel to tho cont
l5mittee ana the stockholders represented
hy &it! Tho pooling commi tee, IN view.
! OF the statements frohl anonymous
sources, Issued the following;
Tho opposition Ito the Ryan Blair plaan,,
now seems to have gotten down " simplS 20
| that ofS:Mr. Williams rs tlero seems
Every little I'M the 5sn-cnlied Stewart conf
NIL tae, n int 3NIra4 Williams. The motive
az Mr. Williams III tlief matter seems to
he Observation-Disclosures and this COM
mittee is having little effect on the stock
| holders, tgy 8
Attending to Business.
yrhs committee has not been making
n ne wspppei !, canvass. has &Leen ~ 4,
tendng strictly to Its own nv slness, men
,is to take care Of the $1,000 shares nov ,'wi
behInd 1t, and Of other stockEo'lders VINO
| care to join With us... .f d
| The solo object of this committee Is 70
ohtnin privileges FOR stoclhpders who do
| NOT care I O assent to the so-cAlled = Ryan
I,inirs, plnn,Y equal tn those which are
granted 10 tho deposItors Of = s tS rs uhuev
'N This committee WANTS to get these
eolnl privileges IN n penceable Way, "
| possible but Is prepared TO tlglt 10Y t'len''
mis- "eommittee Is thoroughlys advised
as 10 The rights Of Its depositors. and IS
1 better acquainted with the meaning or
4 the "Ryan-BluIr plann than seems 70, be
| tic cuse with certain prominent gentle-
men az thia city. i,
This committee Is confident OF tnree
4 tbings-first. that the. date of February
4 I'm arbitrarily nnmed nv Messrs, RYAN
and Blair. is OF no consequence o., sls-
lnifIcanco at all. so far as the rights Of
stookholders of the seabourd, Air. Line
railway are concerned, It also KIN VS.
lithat an almost complete surrender 9 their
tights over their property Is demanded!
| OF stockholdera ~ ~ dltlons 81 their
AssentGto the Ryan blair plan,
No Surrender Necessary. "
\ This committed Is advised that no s,le4,