Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-01-12
[. 8 n. TO SECURE
OF A, B.RA.


LOUISVILLE. Ky, Jan. .s.-Pers istent
rufnors have been current among prom
inent railroad men of Louisville fer sew
era1 days to the effect that the Louis
Vile and Nashville is negotiating for the
purchase of the Atlana, Birmingham
and Atlantic railroad. which line avfll be
offered for sale in Atlanta, Ca, az some
future date. Ofhcials of the Louisville
and Nashville have denied these reports
ever since they started. but advices from
an entirely Trustworthy source were OBJ
tanned today that man representing
the Louisville and Nashville is now en-
route to Atlanta with commission to
bid on the property.
p Smith Denies Report
Milton II. Smith. the president of the
Louisville and Nashville stated yesterday
that he has received no information that
the Louisville and Nashville is interest
ed in the proceedings in Atlanta sur
rounding the Atlanta. Birmingham and
Atlantic road. He said that no repre-
sentative Of his company as far as he
knew, would bid on the property for the
Louisville, and Nashville when II is Of
fered up for sale.
"If the Louisville and Nashville has
been considering such deal / DO not
know IT." said he 81 do not believe
theme is word OF truth in the report"
A well-posted local authority said yes
terday that the officials of the Louisville
and Nashville and those in power real
lie that the absorption of this line would
be a master move. The Atlanta, Birming-
ham and Atlantic operates a line from
Atlanta to Brunswick. Ga. where con-
nections can be made with the Bruins
wick Steamship company plying between
Brunswick and Havana.
Route to Cuba
II acquired by the Louisville and Nash.
Vile, ii would give that road not only
an easy access to Cuba. but would open
up a way to reach New York. Boston and
all other important eastern points.
The identity of the Louisville and
NashvIlle's representative who is report
ed to be en- route to Atlanta to close the
deal for his company, could not be learn
ed. but it is possible that he Is promi-
nently connected with the Atlantic Coast
Line. which corporation owns. sSs. 100000
worth of the Louisville and Nasllyille's
stock. a controlling interest.
INTERESTS OF L. & N. RAILROAD
ARE ALLIED WITH A., b. & A.
BIRMINGHAM, Ala, Jan. s.-Tnere is
a close relationship at this point between
the Louisville and Nashville and the At
lanta, Birmingham and Atlantic railroads.
the latter road not only temporarily using
seventeen miles of track Of the Louisville
and Nashville, but also the passenger and
freight depots in Birmingham.
President Milton II. Smith, Of the Lou
isville and Nashville railroad, spent
couple of days in Birmingham this week
and reports have II that he met many
people here who are interested Ia rail-
roads in Georgia and this state
The runors which gained much cireula-
ton here included the purchase Of the
Georgia railroad or the Atlanta Biz
ningham and Atlantic.
NO GROUND FOR REPORT
DECLARES ARKWRIGHT
Preston s. Arkwright, vice president
and one of the receivers of the A, B. and
A, in speaking for himself and also for
President II. NJ. Atkinson, who is out
of the city, declares that there is abso-
Iutely no foundation for the foregoing re-
port.
81 have not heard a word of such
thing" said Mr.. Arkwright. The A, B.
and A. is now, of course, under the SUI
pervision of the court. 1t is for the court
to say what shall be done, in matters
pertaining TO its present operation and
welfare. But 1 am sure there is no
ground for the report that on the pare
of this road there is any thought or in
tention of its being purchased by the
Louisville and Nashville"
MaDTTE OAHE0 nETE-