The Birmingham age-herald., 1915-06-08
T|DEWATER MAY bE SOLD DURING WEEK
 DECLARES NORRIS Member of Firm Controlling Traction Line Here to Get
 Road Out of Court B. R., l.. & P. co. NOT IN
 MARKET-DEWINDT Denies Report Mentioning His Con- pany as Probable Purchaser.
 Says No Negotiations Have Been Considered

For the purpose of selling the Tidewater street railways, now in the hands of re- eeivers. Fred Morris of Philadelphia, rep resenting. it is said, a controlling inter- est in the line, Is in Birmingham. It is
 stated that MT. Morris hopes to get mat ters arranged this week which will result in the speedy termination of the receiver ship. When the road is sold to some one and is consequently out of the hands of the court. the line will be refinanced and | important extensions made.
 This information was given yesterday to The Age-Herald by MT. Morris He | said that he did not know who intended | to buy the line. When 1t was suggested that perhaps the Birmingham Railway, Light and Power company would buy the property, he said that would be the best i thing for the city and for all concerned he thought. but added that he did not be- lieve that the line would ever be secured by the Birmingham Railway, Light and Power company.
 MT. Morris said that he hoped during the | week to have an official statement to give out in reference to the receivership of
  | tion could be arranged. MT. Morris was very optimistic over the situation. My visit to Birmingham at this | time is on Tidewater business said MT. Morris. We hope to sell I the line as soon as possible do not l know who will buy il. I suppose the reorganization committee will try l and get the court proceedings dis l charged and the committee may buy | the property or may act for some 1 interests in that respect.
 "I do not know anything about | the Birmingham Railway. Light and | Power company wanting the prop critics. should say off hand that it 1 would be logical development. 1 believe. however, that the Birming- | ham Railway, Light and Power company would not be interested in l the proposition. The court proceed | ings will result in the sale of the l properties and then I take 1t the l line will be refinanced.
 That will give the owners an op- l portunity to make whatever exten- 1 sions they desire and will enable i the company to perform greater | service to this community. As for 1 anyone buying properties, however, 1 that is matter that I am not at | liberty to discuss in detail. I hope l however, that matters will be
 shaped up in such way as to en- | able me to give out a statement | during the next few days" MT. Morris is at the Tutwiler and will be here the remainder of the week He l has been in conference with officials | of the line since he reached the city MT. Morris, 1t Is believed. will visit | Tuscaloosa before he returns home. The
 firm of Morris Brothers controls the
 street railways in Tuscaloosa, recent, electrified.
 | The statement of MT. Morris vii
 prove of much interest here. It has l been rumored for sometime that the | Tidewater was to be sold and the Bir-
 mingham Railway. Light and Power company, its competitor, was men
 toned as the most likely buyer. How ever, local officials of that company said yesterday the report which link co
 the Birmingham Railway, Light anc | Power company with the Tidewater as a possible buyer was incorrect. The fol lowing statement was given out by l J. H. P. DeWindt in that connection
 There is absolutely nothing. to sucr a proposition. I'can say that positive | ly. No negotiations such as reported have been entered into by the Bir-
 mingham Railway, Light and Power | company"
 | The report that the Birmingh han 1 Railway, Light and Power company in- l tended to purchase the Tfdewater one way or the other in order to eliminate 1 the competition was also denied by Robert Jemison, ST., a director of the company. and c. B. Ross, superintend- 1 ent and joint receiver for the Tide | water.