The Birmingham age-herald., 1908-05-22
TIDEWATER LINE WORK BEGINS SOON Dewberry Says They Will Star
 In Sixty Days BIG MORTGAGE IS FILED Electric Line Will Start From 7irmng- ham, Run North to Gadsdsn
 and South to Tus-
 caIoosa.
BIG MORTGAGE IS FILED

According to J. NJ. Dewberry. work on the construction of the Tidewatef electric line will be begun within 6o days. this statement being borne ous by the filing of $10,000,00O mortgage in Tusca 1oosa a day or two ago by the Birmingham and Gulf Railway and Navigation company which company took over the Tidewater Development company Stockh elders in the Tidewa- ter company received controlling m terest in the absorbing company. The mortgage was made out to the Carnegie Trust company of New York. the banking firm of Morris Bros. of New York disposing of the bonds. The Tidewater company purchased the Tuscaloosa Belt railway some time ago and are at work turning it into an electric line. The full length of the line will be from Gadsden to Tusca- loosa, passing through Birmingham and connecting with steamboat ana barge lines, which are to be operated on the Warrior and Tombigbee rivers from Tuscaloosa to Mobile and from Montgomery to Mobile.
 As soon as the work on the Tusca- loosa Belt road is completed MT. Dew berry states that the forces will be transferred to Birmingham, where work will be started on the line run ming from East Lake. through Wood lawn. Avondale, East Birmingham, Bir- mingham Elyton, West End, Pratt City, Ensley and Bessemer. As soon as this work is completed a force will he put on the construction of the line from East Lake towards Gadsden and from Bessemer towards Tuscaloosa.
 MT. Dewberry also states that an option has been secured on number of steamboats and barges and also on Dauphin island in the mouth of Mobile bay This island will be used as d coaling station to which the barges of the company will carry the coal direct from the Birmin gham coal fields. barge line will also be operated from Tuscaloosa to Mobile through the Mobile bay, Mississippi sound and the Lake Borgne canal to New Orleans. The benefit to be derived from this line Is shown by Pennsylvania coal being sent at cheaper rate for a thousand miles in barges to New Orlean than it costs to send coal by rail from Alabar1a to New Orleans.
 The capital stock of the Birmingham and Gulf Railway and Navigation com pany is s10,O00, ,o00. The directors and officers of the company are:
 Henry S. Thompson, New York city, president. He is also vice president of the Globe and Rutgers Fire Insurance company of New York city.
 J. M Dewberry, Birmingh am, vice president: also president of the Tide water Development company.
 George Davidson Rogers, banker of New York city. secretary and treasurer.
 J. IA. Vandergraft of Philadelphia general manager, also president of the Birmingham and Gulf Construction company.
 Forney Johnston, Birmingham. gen. eral counsel.
 The other directors are:
 E. T. Bracket, president of Adiron- dack Trust company, Saratoga Springs, N Y.
 Charles c. Dickinson. president of Carnegie Trust company, New York city.
 E. F. Enslen, cashier of Jefferson County Savings bank, Birmingham.
 Robert B. Morehead. assistant secre- tary of the Carnegie Trust company of New York city.
 James H. Morris, banker of Philadel- phia.
 F. z. Mcguire, capitalist of New York city.
 W. H. Woodin, vice president of American Car and Foundry company New York city.