The Washington herald., 1909-04-18
MAY BUY SELBHARD
RumOr ReYiYeS that HarFi-
man Is Interested.
LIEUTENANTs IN THE SOUTH
Officers of xiznrd's'' System Visit
Tampa and Seem 70 Be Making
Extensive Inspeetion-GOssiD Con-
meets Action with Road whose
Reorganization Il Soon Expected.

Baltimore, April 1.-THE visit 20 Tam
pa. Fla. as detailed IN dispatches. OF u
Illus Kruttschniit. director OF maintenance
and operation OF the Union and Southern
Pacific railroads. William Hood. chief en-
gineer OF all the Hartman Hines. and OH
e. high officials or transportation compan-
MES controlled by F. H. Hartman. has
revived talk in financial circles Of a pros
pective deal by which the wizard OF
finance viii take over control Of the
Seaboard Air Line Railway.
The party spent two days in The Florida
city. presumably studying the situation
Nj. Hartman made two trips 70 the
South last winter and Il is said tsat while
in that section he took advantage OF the
opportunity % acquaint himself with the
condition and prospects or the SeabOard
He visited several cities reached by that
system Mr. Hartman is known 10 be
very favorably impressed with the rail
road possibilities Of the Land OF Cotton
Dominates Georgia Railroad.
NJ. Hartman is the dominant factor IN
the Central Of Georgia Railroad. upon
which he has said be VIII expend $1,000
Co 20 nOdernjze the system ar Harri-
man IS also The principal owner OF the
AugaSta-Aiken Electric Railway and has
an estate Ar Aiken. :. G.
Ever since his first trip TO the South.
early IN the winter. rUmors have been rife
that he contemplated making an Offer for
control Of the Seaboard- These reports
were strengthened by his second visit 10
that section. accompanied by J. T. Hara-
han. president az the Illinois Central
The Seaboard and the Illinois Central
connect al Birmingham.
Mr.. Harriman-s health IS said 70 be bet
tcs than L has been for years and that he
feels equal 20 carrying Our any SIZE deal
Inquiry among financial houses IN Bal
timore which have large interests in the
Seaboard elected the reply that they
knew nothing Of Mr. Harrimans inten-
tons, though they seemed very much in
terested in the visit Of his ueUJenants 10
the Florida city
Working on a Plan.
The general committee on re0rCaniza-
ton OF the Seaboard has appointed from
among It's members a subcommittee TO
prepare the draft OF a tentative plan for
recognizing the system
-A-ls C-4iAll-lEc - lck'L crclla1L4FE OF GA
interests in the property. being composed
OF Thomas J. Hayward. OF Baltimore,
James A. Blair. OF New York: John Skel-
ton Williams. Of Richmond: Ernest Thai
man. Of New York. and Russell g. Fes-
sender. Of Boston
When the plan is ready IL VIII he sub
mitted 10 the general committee for re-
vision. and probably it viii be several
months or a year before il is in such
shape for submission 20 the stock and Sc
curity holders. Il is understood the com
mittee viii proceed with reorganization
In a conservative manner. being anxious
70 satisfy ali interests and avoid friction.
IRE subcommittee viii thoroughly 90
into the question OF reorganization. in
Gliding the sdvisa bIity Of taking such a
step al this time. and report its conciu-
sious TO the general committee There IS
no fixed time for the committee TO make
its report. though Il Is understood that il
VIII proceed slowly IN order 10 study
every phase Of the situation.