The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-02-16
Fifty { N C N ES
ORDERED BYC.&O
Directors Announce That New
Equipment viii Be Built at
Richmond Plant.
TOTAL COST is s1,5oo,ooo
Hawley's Wall Street Business
Partner Succeeds Him on
Board and Committee.
TOTAL COST is s1,5oo,ooo

Directors of the Chesapeake and
Ohio Railway. at a meeting yesterday
! In New York. authorized the purchas sc
, OF fifty locomotives, which are to be
built by the American Locomotive
Company In Richmond, delivery TO be-
twenty five Mallot and twenty five
Mikado engines. the typo now operated
on tho company's lines. This now
equipment Will cost about sl.500,e0O.
Tho fact that tho work Will be given
the Richmond plant shows that the
Chesapeake and Ohio is anxious to do
what II can for It's home city.
The vacancy on tho board. caused by
the recent death of Edwin Hawley.
was filled by the election of Frank H.
Davis OF New York. VINO was Mr.
Hawley's business partner In Wall
Street. Mr.. Davis also takes tho po-
sition held by Mr.. Hnwley rs a MEM
Der of the executive committee. Henry
L. Huntington. director, was elected
to tho executive committee, succeeding
Theodore P. Shonts. Mr. Shonts. how
ever. remains on the board 1t was
stated by officers of the company that
the change had no Significance waat-
ever except that as Mr.. Huntington IS
q largo shareholder 1t was thought ap.
propriato to make him a member OF
the committee which handles the
financial affairs of the road.
Tho executive committee is now
composed of Frank Trumbull. chair
man: Frank H. Davis, Henry L. Hunt
ington, George W. stevens and Frank
4. Vandcrlip.
No Chnnge IN Policy.
At tho time of Mr. Hawley's death
II was freely given out tina, there
would be no general upturn OF Chcsa-
rcake and Ohio affairs, that the same
policy would be followed as hereto
fore and that there would be no check
in the general development.
The purchase of new equipment In
dicates that tho earlier statements
were authentic, additional mileage and
business having forced all available
rolling stock into constant use.
Although afr. Duvis, who succeeds
his business associate on tho board of
directors, has been identified with rail
road properties FOR years he has not
been REGARDED as railroad man In
the same sense as that term was APP
piled to Edwin Hawley. But he is
close to tho Hawlcy idea. 1t was only
by pooling his holdings with the
Huntingtons that Hawley was able 10
control the Chesapeake and Ohio. He
did not actually own the controlling
inter ST. as was generally supposed.
In the rather free discussion of Ches-
npeake and Ohio affairs since the
death OF fiawley. many Wall Street
financial writers have dismissed the
subject with the statement that the
road was generally regarded as
Standard OIL property.
uawlcy Close to Stevens.
Ii is known that Mr.. Hawley warm
ly commended the business admins
tration OF President George W. stevens
and he let that bact be known not long
ago when new iumors were printed
that President Stevcns was shortly 10
retire after many years o: service
Railroad men in Richmond believe that
Davis will endeevor to carry forward
all Of the Hawley ideas. In which event
the Chesapeake and Ohio Will so along
as II has in the past
Dispatches from New York last
night that the nifty engines ordered
by the directors would be BUILT in
this city means more In reality than
might appear from "a casual statement
OF that fact. The Richmond plant OF
the American Locomotive Company is
in full, operation but this Chesapeake
and Ohio order Is q big one. The local
branol has been turning out a great
deal of work, and additional orders
are expected before the last Of the
fifty ordered yesterday are out OF the