Smyrna times., 1906-06-20
SMYRNA TROLLEY MEETING
WAS NOTHING BUT A BLUFF
CALL FOR DELAWARE ELECTRIC TRACTION
co. MEETING NOT ACcORDINGTO BYLAWS

Efforts of John Edward Addicks to FOrestall |
Promoter Click Was Unsuccessful-DO
Not Deter Local COmpany's Project.
A meeting of the old Delaware Elec-
trio Traction Company (the Alice Lay
ton, Marshall, Moore, ConwelI and Alb
bott Company the company in which
John Edward O'Sullivan Addicks an
nounces he is financially interested
which was called to meet in Smyrna at
noon to-day at "their offices" did
not materialIze. The stockholders of
this Company which include the
directors of the Smyrna, Kent County
and Delaware Bay Traction Com
pany was out of order for the rea-
son that it was not called in a re.
gular manner and in conformity
with the bylaws of the Company.
What was to have been the object of
the meeting is not known. Last Thurs
day r. F. Loper & Company, brokers,
of Philadelphia through their attorney
Robert H. Richards, Esq of Whining
ton, Attorney General for the State of
Delaware, made deposit of $14O0 to
the State Treasurer and procured a
charter to construct railway from the
town of Clayton to the Smyrna Boat
Landing. The incorporators named
in the articles of association are: E. S.
McNaul, Charles Frederick Keller, J.
Harry Sommers, Henry Hess, Phila-
delphia; and Newell Ball, Bridgeville.
The name of the corporation is 1.-The
Clayton, Smyrna and Bayshore Trac-
tiCn Co." 1t is generally supposed
that r. F. Loper & Company acted in
the interest of j. Edward Addicks and
that said Addicks and Promoter Click
had some alteration of late concern
ing their joint holdings in the Della
ware Electric Traction Company. That
the new company was formed to fore
stall Promoter Click in the latter's en-
terprise, seems to be the general OPP
inion. The new company Clayton,
! Smyrna and Bayshore Traction Co.
is capitalized at $4,000 which enables
said company to assume a bonded in
debtedness of ut$12, 900. Stocks and
bonds at par would not be sufficient
to construct the powerhouse with
equipments, little less build a railway.
This would seem to indicate that the
speculation regarding the motives Of
the new incorporators, has not grain
of truth in it.
Promoter Click Not Disconnected by the Ster
Promoter Click, however, seems tc
be but little disconnected by the stel
his competitors have taken and is no
letting the new Company interfer,
with his plans. The Smyrna, Ken
County and Delaware Bay Traction
Company will be built as Originally con
templated, and we understand affairs
/ are in such shape that work will begil
as speedily as possible On Frida
| June the first the Smyrna, Ken
County and Delaware Bay Tractio
{ Company was incorporated under tn
, general incorporation laws of the stat
D for $125, 900 for the purpose of acquil
a ing, holding, and protecting valuabl
franchises granted by the towns
, Smyrna and Clayton and the Lev
: Court of Kent County. These frai
: chises were granted to become effe
tive upon the incorporation of the la
named Company, and before the
{ shall have expired by limitation, it
expected the Click Company will ha'
If it's railway constructed and in oper
s ton.
J, People of Delaware Anxious For Trolley.
. The people of Delaware are anxioI
= to procure trolley advantages and
% the great majority it is of little co
, cern as to who builds them just so tn,
il are built. 1t is to be hoped that in Il
W clashing of rival companies, the wo
n. of construction will not be blocke
O. Promoter Click was the first upon Il
te scene of action and has procured in t
ID state more valuable franchises al
as rights of way than any of his precec,
s. sors. Obstacles do not seem to bal
e. HIM or dampen his ardor. With a
Al termination and energy that even
n most severe critics must give b
credit for, he has persistently labor
towards the establishment of his tr
:. ley system. The recent action of
competitors will but spur him on
es bring his project to an early comp
tion.
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