Newspaper Page Text
FOR 8ALE—REAL ESTATE
WILL KENT YOUR VA
CANT HOUSE.
On the first of August our
bouses were to numerous
mention, we have been rent
ing houses .on average
from ten to fifteen per day
since the first—today
cannot supply the damand,
If you have the vacant
houses we have the tenants,
They love to rent from us.
M. L. THROWER,
39 N. Forsyth St.
GLORE & JUSTIN,
215 Peters Building.
IF YOU ARE LOOKING FOR A NICE
home or Investment, we have It in a nice
five-room cottage; good lot, and the price
is only 11,250. Terms.
LOT 50 BY 150, WITH NICE NEW FIVE*
room cottage, aud as nice a little home
ns any one would want at the price; only
$1,400, mid terms.
no
per mouth, row, v«»« «uu »<»»
month. Did you ever see anything like
this?
NEAR CAPITOL AVENUE-BRAND
four-room and hall, large shaded lot, whlte»
neighborhood, rented at $11.50, for 21,060.
Terns. Something good here.
WITHIN » ouiva ur vm
street school, four-room cottage, on lari
ash bargain at $1,500. The lot Is
ONE BLOCK OP . CREW
NEAT THREE-ROOM COTTAGE. WITH
with east Trent, barns, etc. Rents $10 per
i month. This Is In tho western portion of
[ the dtj. If yon^ynnt ajdttle farm In town,
Only $1,600. Terms.
I IP YOU HAVE $600 IN CASH AND CAN
' want the beat
c-room cottage,
. *. it, city water.
I large lot and splendid ’location, see us.
■ ir lull it a > iv ui v.aon
I pay $800 In five years and wi
fbargain In town, n new nlx-ro
cabinet mantel, china closet.
I SIX ROOMSr CORNER LOT; BEST
part of Chestnut street: one block of car
. i .. r.n r.nnt- <1 Vnav nsiv.
I pan ox taeBinui sucyw wuo wwvb v*
llo.i lot 60 foot front) 11,760. Four pay
mento, • - •
ON HOI.DERNE8S STREET WE HAVE
flvo nico shaded lots, with east front, run
ning hark 160 feet to alloy. We wlH soil
have a nice seven-room two-story house:
cabinet mantelv, tiling, hearth and all street
Improvements: gas, water and bath; we can
eeli this for $3,750; half cash. See us.
I NICE LOTS ON GRIFFIN STREET,
within one block of cor lino; sidewall
I down; $25 cash and $5 per month. Call an<
] gst plat.
AT 45 NEWPORT STREET. PRICE RE<
. duced from $1,350 to $1,300 for a few days.
I City water and large lot Easy payments;
17 per cent Interest. Ton can't beat this.
W. A. FOSTER.
Real Estate and Loans,
12 S. Broad.
Bell ’Phone 2027. Atlanta, 1881.
SPECIAL BARGAIN.
ION ACCOUNT OF CERTAIN OBLIOA-
I tlons maturing within the next few
Idtyi, the owner of e snug cottage on
I Kant Fair street has Instrncted as to eel!
[it; $1,500 was refused within ninety daye;
|$l,300 will get it now. Cottage haa four
r<>oma and hall, with front and Iwick porch;
Ratable and buggy house. lot 50 by 140. Very
[attractive and homelike. Would resell on
| easy terms for $1,600. We recommend this
| to sny one wanting either a comfortable
■ home or a 12 per cent white Investment,
[that will re-sell at a profit.
[WEST END-ONE OF THE MOST COM
plete homes of nine rooms; servant's
| house, fruit, flowers, shade; oast front,
| Ashby street. See me about this.
[RESIDENCE LOT IN SOUTH EDGE
Rood foe $100, Ternm, If desired.
| MCE LITTLE 5-ROOM COTTAGE ON
Cooper street near Richardson street; all
| conveniences. Quick cash sale. $2,000.
| NEW FOUR-ROOM COTTAGE, JUST OFF
Stewart avenue; convenient to new car
I jbie, for $850. It will pay you to look Into
| CLOftB-tBf 6-ROOM COTTAGE; ELEVAT-
I ^^ed lot; owner leaving city. Quick sale. $2,-
I^YACkr; PLANTATION, WILKES CO..
Ga., four miles of Washington. One of
I the best Improved places In Georgia. Land
I In high state of cultivation. Price $11,500.
THE ATLANTA GEORGIAN AND NEWS
J3
CHEAP
^Sfc K 25 T ? K , inB «K*-BOOM HOME:
ar .* p no ktnbeS; best hardware; splen
workmanship; double floor; stern
snooted; every convenience. Large gbmlv
!!rtf,L h Vou cou, d »°t build the
nouse for the money.
l».#WACKSON STREET HOME; EIGHT
JSSS3 r. 11 Ua . ,It \.!, nr * e *. east front lot;
splendid lot; splendid neighbors. Owner
lives out of city. We have scores of
others, but this Is the cheapest.
TWEXTY-EIGIIT COSY COTTAGES NEAR
Grant park. We have some special
some special
e to be made
the time to buy.
INVESTMENTS! YES. WE HAVE THEM.
Cottages built of good materials; no re-
pairs for ten years; sell for $3,500. rents for
$3-j. elope In; no street car faro; sell for $3,-
500; rents for $32.50; close In; sell for $2.-
3°° : *»•»!. sell for 12.400; rent,
for $2o. We have others.
EAGAN PARK LAND CO.,
PROPERTY TRANSFERS.
(1,112—Rllla A. Turner to Fltzhugh
Knox, lot on Hurt street. Warranty
deed.
$1,825—Mrs. Rosalie M. Merchant to
E. M. Durant, lot on Jackson street.
Warranty deed.
$300—Patrick Dcveraux to Mrs, Isa
bella A. Gannon, lot known as lot No.
93 In the city cemetery of Atlanta.
$1,700—Jacob L. Harris to Frank B.
Herin, lot on South Buolevard. Wa
ranty deed.
NEWSPAPERS LOSE
$200,000 BY EIRE
IN LOUISVILLE, KY
BUILDING PERMITS.
$2,450—P. F. Vose, to build frame
dwelling at 91 Kennesaw avenue.
$160—D. J. Lee, to re-cover frame
dwelling at 16 Kimball street.;
$1,400—Mrs. Alice Howell, to build
frame dwelling at 10 Silvan avenue.
$250—Randall Bros., to build lum
ber shed at rear 66- Marietta street.
$500—Niall-Herrln Company, to build
dry kiln at 16 Fort street.
$300—A. H. Goodwin, tn build add!
tlon* to dwelling at 566 Washington
street.
$600:—King Cornelius, to build frame
dwelling at 145 Old Wheat street.
died
36 INMAN BLDG.
BELL PHONE 4613.
FOR SALE.
IN EDGEWOOD. A BARGAIN—TWO-STO-
ry seven-room, brand-new; large lot. Own-
*# .vuiu, ..II1IM1-IK n , IIIIKV IUI. VMW1-
or onxtoUi to .ell; (2,600; (250 cash nnd (20
per month, Close to ear line. Where can
you beat It?
DID YOU SAY WEST END? WELL. WE
have gome “real downright" hargnlns; six-
room cottage, corner lot. Owner saya "Oct
me an oiler. Must sell!" See us for Went
End.
DEATHS.
Ed Lee, colored, age 60 years,
at 42 Oltvin street.-
Mrs. M. E. Sharp, ago 82 years, died
at 100 East 'Georgia avenue.
R. M. Patton, age 30 years, died at
69 Luckle street.
Mary K. Reid, age 60 days, died at
288 Courtland street.
W. G. Wlgly, age 72 years, died at
345 East Georgia avenue.
Leonard F. Belllngrath, Jr., ago
years, died at 310 Angler avenue.
Miss Henrle E. Thompson, ago 17
years, died at Grady Hospital.
M’CRORY & JOHNSON,
503 Peters Building.
PHONES 4691,
TE
BUILDING.
SOTH PHONES 4334
EXTRA BELL PHONE4230
FORCED* SALES.
$1,900—Reduced from $2,500, the
biggest pick-up on the North
Side, a fine PonceDeLeon lot, sur
rounded by fine 2-story Miomes.
Must be sold today or tomorrow.
Best Bid—Today or tomorrow,
gets 8-room, 2-story house on
Crow street. Phone us for number
and put in your bid. It must and
will bo sold before Saturdny night.
Terms cash.
BIRTHS.
To Mr. and Mrs. James A. Payne, at
96 McAfeb street, a -111.
To Mr. nnd Mrs. William E. Beck
man, at 20 Columbia avenue, twins
(boy and girl).
To Mr. and Mrs. W. H. Rogers, at
224 State street, a boy.
To Mr. and Mrs. A. J. Dunlap, at
199 Luckle street, a girl.
To Mr. and Mrs. Jeff Robinson, at
78 Grant street, a boy.
To Mr. nnd Mrs. Thomas L. Grady,
at 76 Foundry street, a boy.
Oporto, Portugal, Aug. 3(T.—A plat
form erected by a newspaper collapsed
today. About 2Q0 persons were on the
platform. Ten are known to be dead
and eighty were Injured.
COAL DEPOSITS
FOUND IN IDAHO
Lewiston, Idaho, Aug. 80.—Hundreds
of prospectors aro rushing through the
Clearwater district, near Ahsahka
seeking coal deposits which were accl
dentally discovered by a hunter. The
hunter found what he believed to be
petrified wood. It was found to be ex
cellent coal, with the highest percent
age of carbon;
1,500 EMPLOYEES
GET 9-HOUR DAY
“WE HAVE OTHERS”
BUY REAL ESTATE NOW
JOIN TIIE RANKS OF THE SHREWD
Investors ami the capitalists who are
buying now, and who In thp future will
reap a golden harvest. We have some nuns
ualljr attractive pronertbs on our liooks,
which. If you are looking for an Invest
ment for future profit, can nor fall you.
HOUSES FOR SALE AND TO RENT.
GRANT & PETTY,
30-32 E. ALABAMA ST.
TO HOMESEEKERS AND
SMALL INVESTORS!
LOTS IN CAREY PARK,
WEST ATLANTA SUB
URB, 50x150, $100 EACH.
CASH, $5 A MONTH.
NO INTEREST! NO
TAXES!
AGENTS WANTED. -
$5
CAREY & CLARICE,
18 E. Alabama St.
A. fc\ HOOK. U. C. EVE.
NEEDA FENCE?
Fence Erected
Cheaper Than Wood
W. J. DABNEY IMP. CO.,
96, 98 and 100 So. Forsyth Straot.
Chicago, Aug. 30,—Settlement was reached
yesterday between the genera! malinger of
the Chicago, Milwaukee and St. Paul roll-
and Itollermnkers employed In the shops of
CHATTANOOGA MAYOR
SEEKING RE-ELECTION.
Special to The Georgian.
Chattanooga, Tenn., Aug. 30.—Mayor
W. L. Frierson will make the Ilrst
speech of his campaign for re-election
in the Ninth ward tonight. Tho mayor
Is forced to speak alone, os his oppo
nent, Colonel W. R. Crabtree, has de
clined to meet him In debate.
RUSSELL SUCCEEDS ’ .
STONE ON L. & N.
Louisville, Ky„ Aug. 30.—W. A. Rus.
sell wa» appointed general passenger
agent of the Louisville and Nashville
railroad yesterday, with-headquarters
at Louisville. Mr. Russell, before his
appointment, was assistant general
passenger agent and succeeds Charles
I,. Stone, who recently became passen
ger traffic manager of the Missouri Pa.
rifle at St, Louis.
HEAVY RAINS IN AUGUST
HAVE CUT COTTON SHORT.
Special to The Georgian.
PeNiani. Ga, Aug. 30.—Cotton Is be
ing marketed rapidly In this section.
One hundred and fifty-four bales were,
received by wagon yesterday and about
twenty-five came in on the Flint River
and Northeastern railroad from Salo
City. The buyers paid as high a.
13 1-2 cents oh account.
The cotton grades ore high, nothing
being below middling, and most of It
good middling. AH the fanners say
the crop has been cut olf at least one-
third by the heavy rains the first of
August. ' ;
Courier-Journal and Times
Offices Badly Dam
ages.
Louisville, Ky., Aug*. 30.—The plants
of the Courier Journal and the Evening
Times suffered almost Irreparable dam
age by 0 Are which broke out shortly
lifter midnight. The names spread
with unusual rapidity, but #It Is
lleved that all employees escaped from
the building.
Less than an hour after the Are was
discovered the third floor of the five-
story structure fell nnd the efforts of
the entire Are department seemed In
vain. The Tire started at the northeast
end of the building at the top of an
elevator shaft It Is aupposed to have
been caused by defective Insulation on
electric light wires. The loss Is esti
mated at $200,000.
STUYVESANT FISH
OLD TIME ENEMY,
SAYS J. T.
Former I. C. President’s
Actions Cut Friendship
Years Ago.
OFFICERS HELO OFF
Cassie Chadwick’s Friend
Gave-Upi^fter Several
Hours’ Siege.
Loralnc, Aug. 80.—Charles H. Ran
dall aged 35, who as cashier of the
Oberlln Bank, wrecked by Cassie Chad,
wick's wizardry, handed out to her
great sums on fraudulent orders, held
policemen at bay for three hours yes
terday, threatening them with a charge
from the shot gun he flourished.
Randall drove his wife and children
from his home nnd barricaded the win.
down. A lunnoy warrant was sworn
out Immediately, but he held them at
bay. Late In the day he surrendered.
FALLS UNDER TRAIN
IS FATALLY INJURED
Boy Loses Life Attempting
To Board Moving
Freight Car.
Special to Tho Goorfgna.
Dallas, Ga., Aug. 30.—At 6 o'clock
yesterday evening, Guy Cldwell, 17-
year-old son of Jake Cldwell, of Har
lem, was fatally Injured whllo attempt
ing to board a freight train, and died
a few kpurs later.
The young man, who was an
employe of the road, had boarded the
moving train, when his hat blew oft.
He alighted, got bis hat and attempted
to board again, when he was thrown
under the wheels and one leg and one
arm crushed off.
Chicago, Aug. 30.—President Hara-
han, of the Illinois Central railroad,
on his arrival here from New York yes
terday, Issued the following statement:
’On my arrival In Chicago this aft
ernoon I found In the papers articles
telegraphed from New York concern
ing an alleged occurrence said to have
taken place at a meeting of a board of
directors yesterday. These published
renorts don't state the f?cts. *
"My duty and honor Will not allow
me to discuss matters or occurrences
considered or taking place at the meet
ings of tin- board «>f direct ••is. nor will
my dignity permit me, to positively dis
cuss personal matters, further than to
deny the report, which undoubtedly
emanated from the same source as
the reports appearing In today’s news
papers, nnd which have been frequent
ly published, to the effect that the
friendship which existed between Mr.
FUh and myself was broken Just prior
to my election as president of the Il
linois Central. In November. 1906. The
fact Is, Mr. Fish’s actions had severed
that friendship several years prior to
that time.
"Reports have also been published to
the efTect that during the long friend* 1
ship of Mr. Fish and myself frequent
promotions were given me through the
influence of Mr. Fish. As a matter of
fact, my connection with the Illinois
Central began with my election as sec
ond vice president by the board of dl
rectors In 1890, and I continued In that
capacity until my election as president
by the board of directors. In November,
1906."
M LOST LIFE
11 COLLAPSE
0FBUR1E
Crashing Like Artil
lery, Quebec Struct
ure Falls in River.
New York, Aug. 30.—Wall street waa
excited thla morning by the announce
ment that Mr. Stuyveaant Fish had
an Important statement to make. Thla
was It, neatly:
"The Harahan Incident waa closed
when I left the Illinois Central offlee
on Wedneaday. What he may now aee
lit to give out after hla return to Chi
cago doea not Intereat me. nor will It
lead me to break the alienee which- I
have maintained."
FORCED OFF TRAIN
IN GREAT DESERT,
Thirst-Crazed, Tired and
Hungry, Mrs. Johnson
Lost Mind.
ROAD COMPLETED
TO TIMBER TRACT
Special to The Georgian.
Waycroaa, Ga., Aug. 3/1.—A large
force of workmen are now employed
on the conatructlon of the big mill of
the Ensign Manufacturing Company,
which la being erected In, thla city.
The company’a tram road has been
completed out to the mill alte and
material for the mill haa been un
loaded. The tram road will be ex
tended aouthward Into Florida, and
many of the loga for uae In the mill
will be tranaported a great dlatance.
The capacity of the new mill will be
60,000 feet per day.
WILL SINK WELLS
• TO SECURE WATER
First Bale at Culloden.
Special to The Georgian.
Culloden, Ga., Aug.' 30.—Tt>e flrat
new cotton of the season waa received
here yesterday, when four bales were
marketed, all middling. The flrat bale
brought 13 cents, being Bold by C. A.
Holmes. Cotton la opening very fast
In this section, much prematurely.
Boye to Organize Band.
Special to The Oeorglnn. • ■
Chattanooga, Tenn., Aug. 10.—A brass;
band, made up entirely of boys. Is tdi
be organized tonight at the local Young
Men's Christian Association rooms. No
person over 20 yean old will be allowed
:o join.
Solicitor Bennett Recovers.
8porlal to The Georgian.
Waycroaa, Oa., Aug. 80.—Hort. John
W. Bennett, solicitor general of the
Brunswick judicial circuit, will return
to Waycroaa next Saturday after a
three months' absence In an Atlanta
hospital, and more recently In Tur-
nonrlllc, Ga. Mr. Bennett's health has
Improved since he left here early In the
summer.
Special to The Georgian.
Columbus, Ga. Aug. 30.—The water
works commission has refused ti
grant any further extension of tints to
the Hudson Engineering Company,
New York, who have been engaged In
boring an artesian well here for the
city. Extensions have been granted
twlre, nnd the board thought they had
gone the limit. The well haa reached
a depth of 260 feet, and water has
been forced up to the extent^ of 160
gallons per minute. The contractors
propose to go ahead and sign a con
tract to furnish 6,000,000 gallons, no
matter how many wells It takes
Receives Promotion.
Special to The Georgian.
Chattanooga, Tenn.. Aug. 30.—George
F. Hobart, local freight agent of thu
Queen and Crescent System, leaves
Chattanooga tomorrow night for De
troit. Mich., where In the future he will
represent the Qneen and Crescent as
commercial agent.
Two New 8chool Buildings.
Special to The Gcorglnn.
Waycroaa, Ga. Aug. JO.—The two
new two-story brick public school
buildings which have been constructed
during the summer In the First and
Fifth (wards of the city, will be ready
for occupancy by the beginning of tho
school term next month. The new
schools will relieve a congestion In the
school facilities which existed here lu-u
term.
Chicago, Aug. 30.—A trip taken to
the southwest for the purpose of re
gaining her health led Mrs. Emily John,
son, of Chicago, to nn Insane asylum,
nnd at last to her grove.
Returning from a visit to relatives
In Now Mexico, Mrs. Johnson was pro
vided with a “scalper's" ticket, which
had been purchased for her by her rcl-
atlves In the belief that It would do
Just as well ns a newly purchased tick
et, nnd nt the same time save money.
Tho ticket was made out to Identify
a blonde, but Mrs. Johnson was a bru
nette, and being totally unacquainted
with what was expected of her, did not
deny tho manner In which the ticket
came Into her possession. Relng un-
nblo to pay her fare, she wns put off
the train In the middle of the great
southwestern desert and left to wander
friendless and without money.
When found IH’ a railroad section
gang, she was staggering In the sun
miles from habitation, almost crazed
by thlrzt, fatigue and hunger. Her
mind was a total blank. She waa Iden
tified by letters and papers In bar pos
session and returned to her friend and
room-mate, Mrs. Mary Dahl, who hail a
studio nnd lived In the same building
with Mrs. Johnson.
Her mind, shattered by the terrible
experience, never recovered Its balance.
She died In the asylum, at Dunning,
raving maniac.
CHEW OE EIGHTEEN
SINK WITH SHIP
Gravellnes, France, Aug. 10.—The
French schooner Vlolette sank tn the
English channel "With eighteen men,
None were saved. Details of the ac
cident have not been obtained.
BAD FEELING ENGENDERED
BY JACKSON CAMPAIGN
■pedal to The Georgian.
Jackson, Ga., Aug. 80.—A letter has
been sent to the mayor and council
In which they are asked certain direct
questions ftgardlng water bonds, elec
tric light bonds and city debt.
On all hands It Is heard that unless
the present city officials give an ac
count of their actions anti rinlnea a
bill for discovery will be filed fit the
HUperlor court of Butts county. The
officials are J. B. Wall, mayor; J. H.
Carmichael, B. O. Horn.' C. R. Gres
ham and J. R. Carmichael, coundlmen.
The election for an additional bond
Issue to raise (10,000 will occur Sep
tember 7 next. Criminal actions ore
talked of freely.
Quebec, Aug. 30.—A careful estimate
today places the loss of life In the
collapse of the grant bridge over the St.
Lawrence river between Sylery and
St. Ronald, five miles from Quebec, St
84. Most of them were Americans,
skilled mechanics nt work on the
bridge.
The structure, which was to have
been one of the greatest of Its kind In
the world and a monument to Amerl
can Ingenuity, Is today nothing but
tangled mass of steel ond broken ca
bles. The cause of the disaster Is un
known.
As the workmen were preparing to
quit for the night, the bridge fell. Half
of It, from tho south share to the mid-
tile of the stream, crumpled up and
tumbled Into ths water. The fallen
section of the bridge dragged others
after It, the snnpplng girders and ca
bles booming like the crash of artll
lery.
Eight workmen who remained above
>he water were rescued and taken to
■the hospital nt Lovls. Two are not ex
pected to live. The steamer Glenmont
had Just cleared the bridge when the
first section fell. The captain Imrpedl
ately lowered boats, which were rowed
back and forward over the sunken
wreckage for half an houf. But there
was no sign of life.
Tho Quebec bridge was. begun about
seven years ago. and wns to have been
finished In 1909, at an estimated cost of
(2,000,000. The Phoenix Bridge Com
pany employed all the men.
Criminal Probe.
Steps to begin criminal Investigation
Into the terrible disaster have already
bogun.
No list of the dead has been com
piled, and no steps taken to explore
the great mass of broken and twisted
steel. Today hundreds of workmen
were rushed by the construction com
pany to the scene, commanded by skill
ed engineers, exploring the wreckage
nnd taking out the crushed and broken
bodies of iho victims.
Onl-- i en Escsped.
So far as known only ten, all Amer
leans, are known to have escaped. *Twq
of these arc dying today. Of the other
eight only four are believed to have
a chance of recovery. Trafllc on tho
St. Lawrence was practically blocked
today.
Tho Doad.
Among the known dead ore:
B. A. GANSEL, general foreman for
the Phoenix Bridge Company.
BIRKS, chief engineer.
DAVIS, fireman of the bridge
switch engine.
JOHN WHALEY, foreman.
JIM IDAIL Indian foreman.
JAMES WHITTIER, New Liverpool,
Quc.
HENRY H. VICTOR, New Liverpool.
Que.
WILFORD PROULEX, New Liver
pool.
ZEPHRIAN FRANCE, Quebec.
About thirty Cuughnawaga Indians
employed ns laborers.
Just below the surface of the water
two bodies were seen, but It will be
Impossible to reach them until the
tide goes out.
L
CO TO MOTS
Will Insist on Full 5
- Per Cent on In
come Bonds.
SEN, LA FOLLETTE
MADE TO FINISH
SPEECH ON STEPS
00000000000000000000000000
O MAN WROTE WILL 0
ON BACK OF CHECK. O
Washington, Pa, Aug. 30.—The O
O shortest will ever filed for reco/d O
O In Washington county won pro- O
0 bated yesterday. It was that of 0
O Hugh Hallman, who died a few O
O days ago. The instrument con- 0
0 talned Just twenty-two words, O
id wss written on the back of a O
O M.nk check. O
Pittsburg. Pa., Aug. 30.—United
States Senator Robert M. LaFollette,
of Wisconsin, had a tilt with County
Superintendent of Schools Samuel
Hamilton yesterday afternoon when
the senator arose to address the AI-
legheney County School Teachers' As
soclatlon at Carnegie Institute.
The senator said he had been warn
ed not to discuss party politics, but an.
pounced' that ho would say what he
pleased. Hamilton, who Introduced the
senator, arose and insisted that poli
tics be eliminated. After an exchange
of warm words, the senator began his
address on representative government.
Later Hamilton Interrupted LaFot-
letto while he was telling how the
Pennsylvania senator* voted against
Ills amendment to the rate bill, and
told the senator be must stop. The
audience insisted, he should continue
and LV/ollette announced that he
would finish the address on the street
If any one cared to hear him. . '
Fully 1,500 people followed the sen
ator to the steps of Csrncgte Insti
tute. where he continued ms address
for over an hour. He was repeatedly
cheered, and was urged to give a fuller
account of the votes of the Pennsyl
vania senators.
New York, Aug. 30.—The Georgia
Central bondholders intend to light
even to the extent of Invoking tho aid
of the courts If neefssary to compel
the payment of 5 per cent Interest on
all three classes of Income bonds.
This was developed after the meet
ing yesterday afternoon which resulted I
In the appointment of a committee
consisting of C. Allschul, R. Walter
Levy, Ernest Groesbcck, Frederick W.
Scott, of Richmond, chairman of the
Southern company, and J. F. Minis, of
Savannah, to deal with the owners of
the foad.
• Two Propositions.
It Is learned that at least two prop
ositions were made to the bondholders
by the controlling Interests In the stock ;
of tho company In lieu of full Interest
on all three classes of bonds,' but that
neither of them was acceptable to th«
bondholders' committee. ftOne of those
plans, It la said, called for the issue pEI
6 per cent bonds to run for three years
and the other for an Issue of notes.
Counsel havo been retained by the
bondholders.
Insist an 5 Per Ce/it.
A banker' who Is largely interested
In the movement to enforce the pay
ment of the Interest upon the bonds, 1
said:
“We shall Insist upon ths full 6 per
cent Interest payable oh the second
and third Incomes, nnd If necessary
shall Institute legal proceedings de
manding an accounting from the com
pany to ascertain why this Interest
should be paid.
"The earnings of the railroad proper,
i I have stated, were sufficient to
cover the full Income Interest charges,
but aside from that the Ocean Steam
ship Company, owned by the Central
of Georgia, has earned enough on Its
own account to meet the Income bond
Interest and this has not been figured
In at all.” -
FOREIGN SPINNERS
IN Dll MEETING
London, Aug. 30.—Unusual Interest
Is manifested by English spinning and
manufacturing concerns- In- the cot
ton congress to be held In Atlanta, Ga.,
October 7 to 9. Two hundred delegates
havo been chosen to represent the Eng
lish concerns at the congress and Bel
gian, French and other manufacturers
also will bo represented.
i a result of the congress condi
tions are expected to be greatly Im
proved this year. The European man
ufacturers devoted considerable atten -
tlon to the trade In cotton last year,
with the object of Improving tho grade
nnd to developing Importation under
better conditions.
'It Is hoped that good will result
from the conference with the growers
In America," said ^Vllllam Feling, a
prominent manufacturer. "I am cer
tain that we will have cotton shipped
In better shape and systematize eco
nomics which not only will be a saving
to the manufacturers In Europe, but
will admit of better prices to the grow.
There Is nothing as simplifying In
connection with the cotton trade as
heart to heart talks with the men who '
growthe crops."
FULTON WILL PAY
. TENTH OF TAXES
New York, Aug. 30.—J. P. Morgan
has stepped Into the arena as the new
traction king, dethroning Ryan nn-l
Belmont. The great banker, accord
ing to a report current in the best
quarters of Wall *tre*L has purchased
(20,000.000 of Metropolitan bonds at
par and will undertake the reorgani
zation of the local traction trust. His
purchase of the bonds has relieved at
least one biz banking house from tfez*P
perate trouble..
Mr. Morgan got the bonds at 30.
These bonds were Issuei
for Interborough Rapid
at ,1116 rate of two for
Morgan therefore gels I
ot Interborough Rallr
at par. It Is paying
earning much more.
Fulton county, the largest taxpayer In
the state, will pay about one-tenth of
the taxes of Georgia In 1907, according
to the returns on the digest. The sum
of (367,324.32 will be collected from
Fulton county, while the entire state’s
taxes will be (1.459.32.
Abe Morris' Chsnge.
Abe A. Morris, formerly with Else-
man Brothers, is now with Elseman &
Well. "The Daylight Corner," 1 Whlte-
_ hall street, where he will be pleased to
0O000000O0O0OOOOOOOOO0OO00 see Ills friends and patrons.
■Ml
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