Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-10-16
Washington-virg;nia Railway
Directors Meet This Afternoon.
OTHER CORPORATIONS JOIN
Braddock and Arlington Companies
in $50, 1000, coo Concern.
TO PASS ON AGREEMENTS
Old Dominion State Commission
Must Act, and It Will Get
Papers This Week.

At meeting of the directors of the
Washington Virginia Railway Company
to be held this afternoon steps will b.
taken. it is expec ed. looking toward the
absorption of that company by the new
thirty million dollar Virginia
Railway Company.
Stockholders of the Braddock Light ana
Power Company and the Arlington Elec-
trio Company yesterday voted IN faVor OF
those concerns amalgamating with the
big holding company. The acquirihs VI
the Wash:ngton-V Virginia Railway Com
pany is planned as the next step IN orine-
ing together the important Di trlct OF 70
lumbia, Virginia and Maryland pupiic
utilities.
What basis of agreement has peeh
drawn up for the merging OF the WASH
ington- Virginia Company with the thirty
rnfllion-dol ar corporation is not known.
Terms of Stock Transfer.
Under the contracts approved by the Ar
lington and Braddock companies. persons
financially interested in those concerns
NAV surrender one share of stock LOT
three shares of the capital. non-assess-
able stock of the holding company.
II the Washin gton-Virginia Company
directors approve the merger scnenie 'ne
proposition will be laid before the stoch-
holders for final action.
It was stated today upon reliable au-
thority that a meeting Of the directors OF
the Washington Railway and Eiectric
Company will be held at an early Date
for the purpose Of considering the ANIL
alton of that company with the merger.
According to Gardiner L. Boothe OF
Alexandria, one of the directors or the
MARYLAND Virginia Railway Company
representatives of the company and the
merged Virginia interests will take their
agreements to Richmond, probably this
week. to be passed on by the Virginia
co,noration commission. At that time. II
was stated, announcement will be MADE
of the plans of the merger.
Vote Was Unanimous.
Stockholders of the NEUTRALITY-SUSPICIOUS.
and Braddock companies voted unahi,
mouslv in favor Of the merger CONTRACT
drawn up between the first company.
partv of the first part, and the BraddocA
and Arlington concerns as parties Vi '"e
second part.
The decision OF the al iiihoIo"
nany stockholders, however. was no'
unanimous The Alexandria County Lish.-
ing Company, which owns rortE-tnIes
shares of the Arlington STOCK Eotea
against the plan. Attorney Leo T. Har-
low appeared for the Alexandra com
many at the stockholders meeting, whicn
vas held in Clarendon, Va, last nlgnt-
Claim Is Not Allowed.
Attempt was made by Mr.. Harlow to
vote los shares OF the stock which the
Alexandria company claims it is entitled
TO- The matter was referred to the COM
mittee on credentials. the claim OF Mr..
Harlow not being allowed. NJ. l.. CHURCH.
president of the Arlington company. pre-
sided at the meeting, Gardiner l.. Boothe
officiating as secretary. Two hundred
and eighty-seven shares of stock OF the
Arlington company were voted. the only
opposition being the shares voted mega
lively by the Alexandria company.
The stockholders meetings of the Mary
land-Virginia- and Braddock companies
were held in Alexandria. 1t is understood
that several prominent financ:ers from
New York and Philadelphia. who are in
terested i'm the promotion of the merger.
attended the meetings.