Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-09-30
Directors of Companies to
Meet simultaneously.
STOCKHOLDERS TO ASSENT
Meeting of Latter Will Be Called
for October Is.
FREE TRANSFERS IN THE PLAN
Latter Would Greatly Benefit Resi-
dents Of Mount Vernon, Falls
Church and Fairfax.

Practically simultaneous meetings of
the boards OF directors OF the new thirty
million dollar corporation, known as the
Maryland Virginia Railway Company. the
Observation-Disclosures Railway Company
and the Washington Railway and Elec-
trio Company to consider the merging
OF the latter two companies with the
former are expected to be held this week
or next. according to a statement today
by one Of the promoters of the proposed
amalgamation.
The articles Of agreement now being
prepared, 1t is understood. will he in the
usual contract form. with the Maryland
Virginia Railway Company designated as
party Of the first part and the Washing
ton and Virginia Railroad Company and
the Washington Railway and Electric
Company as parties of the second and
third parts.
Stockholders Must Approve.
Before the merger can he affected. the
contract must be approved by the three
boards of directors and a majority of the
stockholders of the companies concerned
The same plan Of procedure has been
followed In connection with the proposal
OF the Maryland-Virginia Railway Com
pany to take over the Arlington Electric
company and the Braddock Electric and
Power Company, two concerns which are
engaged in business in Alexandria county,
Va.
In this instance the articles Of a-ree-
ment. which Stipulate the financial con.
siderations under which the merger shall
be effected. were adopted by a majority
of the directors Of the three companies
Simultaneous meetings of the stock
FOLDERS Of these companies to approve or
disapprove of the action of the directors
lave been called for October Is, it was
announced today.
Changes in Directorate
1t is now said to be likely that
changes in the directorate of the
thirty million dollar concern will occur
with the absorption by the combine of
each new company. 1t is expected that
every time the corporation acquires
new interests additional directors will
be added.
Prior to the meetings of the directors
OF the corporations. the Washington
Washington Railway and Electric Com.
pany. important conferences between Of
nclais or the several companies are ex-.
pected to be held. Little doubt is ex-
brought about before Congress convenes.
Contemplates Free Transfers.
AS announced exclusively in The S.ar
yesterday. one of the plans that has been
given official consideration in connection
with the proposed amaleamation of the
Observation-Disclosures Railway Company
and the Washington Railway and Elec.
trio company in the new concern con-
templates the issuance of free transfers
between the lines Of the two railway COM
panies
II this plan is adopted. and there is
every probability that 1t will be should the
merger be effected. residents of Mount
Vernon. Falls Church. Fairfax and other
points along the lines of the Washing
ton-Virginia Railway Company can ride
to any point in Washington on the cars
OF the Washington Railway and Electric
Company for the same fares which now
bring them to the commuters station at
18th street and Pennsylvania avenue.
This Is one advantage that may be
reaped by Virginia patrons of the road,
IL the amalgamation becomes a reality.
but there are others in prospect. One of
the latter will be the supplying Vienna
and Fairfax with electric light and
power.
Considered Extending Lines.
The Arlington Electric Company, which
distributes current in Alexandria county,
mas considered extending its lines to
Vienna and Fairfax, but never has done
SO on account OF the heavy expense that
would be involved in erecting poles
With this company and the Wash
ington-Virginia Railroad Company in
the proposed merger. the poles Of the
latter concern. which now extend to
Vienna and Fairfax. could be utilized
for supplying those communities with
electric light and power
The Arlington Electric Company now
purchases it's current from the Alex
andria County Lighting Company. but
with the merging of the Washington
Railway and Electric Company in the
new concern the Potomac Electric
Power Company will supply the cur
rent distributed by the Arlington con-
Germ. The Potomac company is one Of
the subsidiary properties of the Wash
ington Railway and Electric Company
and will be brought within the merger
as will all the allied interests of the
parent body, it is stated. the instant