The Albany daily herald. (Albany, Ga.) 1891-190?, April 18, 1906, Image 3
I THE ALBANY DAILY HERALD, WEDNESDAY, APRIL 18, 1906. Bonds to Amount of Two Billion Dollars to be Is sued for Improvements and Betterments. Good Progress Now Being Made—Long Bank Beipg Cut Away by a Steam Shovel. If you have never used a' Bell Tele phone in your office or in your home have one or more installed—you’ll soon wonder how you did without it. You will become a part of the busy, active world. The time you save, the results you obtain, the peace of mind you enjoy, will more than pay for the service. Order one in now. Contract Department, No. 400. Richmond, Va.; April '18.—At their special meeting Ip session here today the stockholders of the Sonthern Rail way Company are expected to author ize the Issue' of $2,000,000,000 fifty- year 4' per cent, bonds. The lssuo of the bonds Is part of the general scheme for developing and strengthen ing the lines of the Bystem. Of the total amount, $16,000,000 Is to be Issued immediately for the follow. Ing purposes: $4,902,774 to refund payments for equipment heretofore made and charged to capital; $3,000,- 000 to refund Investments In securities of an advance to subordinate compan ies heretofore made and for the ac quisition of property not heretofore funded, and $6,530,220 for double track,' revision of grade, new yards, shops; etc. The remainder of $186,000,000 will be reserved for the following purposes; $31,168,000 to retire divisional prior lien bonds on properties acquired for which np provision Is made In the con solidated mortgage; $10,000,000 to re tire not later than April 1, 1909, col- 218,008,000 to retire, There are few- busier places here abouts than the Albany yards of the Central of Georgia railway at the .points where work of Improvement Is now In progress. A few hundred yards above the ice factory, at a point about opposite the ball park, a big stenin shovel Is at work. This giant machine Is eating Its way through a high bank of red clay, loading car after car wltlj,dlrt to be hauled away to various points where It Is needed In construction work which calls for filling. The embankment mentioned extends from the Ice factory to a point about opposite the Bacon Equipment Com pany’s machine shops, and Is between the main line of the Central of Geor gia on the one side and those of the Albany & Northern, Seaboard Air Line and Georgia Northern on tho other. The embankment Is being cut away to enable the Central to lay four tracks additional to those already In service. These tracks wlll be a part of the ex tensive Improvements decided upon by the Central several months ago, necessity for which had become so great that they could hot longeT be Ignored. The steam shovel Is a wonderful machine, as those who have seen one at work are well aware, and that which the Central Is operating here Just now is doing work which would otherwise require an immense force of laborers. It wilt be but a comparatively short time before the necessary excavations Ypur Summer Suit lateral trust 6s; as they, mature In the next fifteen years, 'equipment capital obligations; $10,000,000 to acquire capital stocks of certain leased lines; $10,000,000 to pay not later than July 1, 1908, for the eastern division of the Tennessee Cen tral and Immediate Improvements. After' provisions for the foregoing obligations are made there will be left $99,834,000, which. Will, be used for fu ture acquisitions and betterments. To obtain the bonds a new general mortgage Is to be created, which will be made to the Standard Trust Com pany of New York, and- secured by a prior Hen upon additional property acquired since the creation of the first consolidated mortgage In 1894, and on properties covered by existing divis ional prior lien mortgages which the new bonds are to refund. NO. 1>. Lv. Savannah ...7-.16am S.A.L.Ry Lv. Atlanta 8:00am C. ofGa Ry Lv. Macon 11:30am G. S. & F.Ry Lv. Jacksonville 8:00am G. S. & F.Rj Lv. Cordele 2:10pm Ar. Albany 3:35pm NO. 18. Lv. Albany ...,12:00noon Ar. Cordele 1:25pm Ar. Savannah ...8:00pm S.A.L.Ry Ar. Maoon 4:20pm G. S. & F.Ry Ar. Jacksonville 8:00pm G. S. &F.Ry Ar. Atlanta 7:50pm C.-of Ga. Ry Spring Suits are either single or double breasted, and broad shonlders; straight front; thirty-two or thirty- three inches in-length. The materials in the suits are fancy worsteds, cheviots, cassimeres and serges. Specially gray in all popular shades. NO. 15. ..6:46am G.S.&F.R, ...6:30am 8. A. L. Ry ...9:30am ..11:16am Lv. Macon Lv. Helena Lv. Cordele Ar. Albany Lj7. Albany Ar. Cordele Ar. Macon Ar. Helena Two Specials will have been completed, and the lay ing of the additional tracks will begin at once. The Improvements at other points are keeping pace with the grading and excavating. Some distance northwest of the. Union paBsenger depot extens ive -grading operations have been In operation for some time on a site se lected for the round-house' and other buildings. The turn-table Is to be built at another point, while the lm- metase coal- chute Is to be erected north of the city, running parallel with the main line of .the Central for a dis tance of several hundred yards. The additional tracks are to be laid, far north of ,the city limits, and will provide sufficient trackage to meet the requirements of ..the road at this point 'for several years. These extensive improvements will not be completed, until the summer Is weli advanced, but they will not be delayed. They have been .rendered necessary by,the rapid growth of the road during the last few years, They are to, cost between $40,000 and- For additional Information, rates, etc., addresB A. V. PHILLIPS,' Com’l Agt„ Albany, Ga. J. 8. CREWS, S. A. ATKINSON, Union Ticket Agt. . - , V. P. A G. M„ Albany, Ga. J. Q. ADAMS, Soliciting Freight and Passenger Agent,. Cordele. Ga. ■ Eor remainder of week. Special No. 1, $10.00. Atlantic Coast Line Railroad Co Do You Know the Size,of Your Lot?. The . Tax Receiver says yoU must give -him the exact size of your lot When you return Smur taxes. If you don't know what the size of It Is Edg- erly wjjl make a survey of. It. No, 0 .Woplfoljt, Building. !. .... lwk.... Davis-Exchange Bank Building, Washington" St. PASSENGER SCHEDULES. ARRIVAL AND DEPARTURES.AT ALBANY, GA. WEFFECT APR)L 8; 1906, arrivals: DEPARTURES On Price, and over 76 per cent, on Freight, is what you save if you order your Boat through us. Our order for a carload will be placed by the middle of next week. Wc will-allow a discount of 10 per cent, on all orders placed before this order is sent ini. The. difference iii' freight on boats, between carloads and less than' car-. loads, is over 76 per cent. We handle the MULLINS LINE OF STEEL BOATS. They cannot sink. For Woyorost, Brunswick and Point* South and East From Waycrosa, Train No. 94 Arrfvds: Train No. 90 Arrives Train No. 91 Leaves Train' No. 96 Leaves For Thomasvllle, Montlcello Points West Train No. 71 Leaves 4: Train No. 73 Leaves. 7: From Thomaovllle, Montlcello and . Points West.--- Train No. 72 Arrives .11:86 an Train No. 74 ArrlTes...,.,,. 5;:lf pi* Albany pocoratlng Co., Paints, Oils, Varnishes, Wall Paper, Burlaps, Room Mouldings. : 8, A, ATS'NSON, U, T. A., Alba T. J. B0TT0M8, Traveling Passenger Agent, Thomasvllle, RumneyBldg. 'Phone .3.98. Why the Albany Base Ball Team should be named “Flint Rocks” 1st. It is hard to break. 2nd. It has fire. 3rd. It has ginger. 4th. It is a good chaser after high balls. Sth. It is a WINNER. 6th. It pleases EVERY BODY. Hurrah for the Flint Rocks. 8, B. Brown, - President, V.Pr«id 0 n. Smith—If you don’t worry you can live to be a hundred yeara old. Jones —A hundred! Geel If I thought I’d live to be a hundred yearB old I’d worry myself to death right now. The Bacon Equipment Company, Albany, Ga. OF ALBANY. 6A. Opened Business Sept, flth, lOOO CAPITAL SURPLUS Every facility In the banking busi ness offered to customers. Savings Department. Int«r««t Allowed on Time Dopoalto. MEXICAN STRAW Values in Marble and Granite for artistic work manship*’ a^Jfte ( -fjnest material in and Bleach TAX BOOKS NOW OPEN. The books tor receiving tax returns ffir.iM.RtejJowi^V Jts.the'stjito; demands prompt return of digest,' as law requires, books will' be closed about June 1st S. W.'GUNNISON, - 2-lmo T. C., $>. C. IfkjfcHyJy r tf I wus eddlcated J’d cer-, taluly find out where "do country ls ! where de'ohickens lay slch big eggs' an’ I'd certainly go dCre.* , ONE PACKAGE, 25 CENTS. WILL MAKE OLD STRAW HATS NEW. firs. Prudence—Miranda, listen tty' me. ' if I only catch young Mashley kissing you once he'll get a piece Of my mind! Miranda—Don’t worry, ma. I’ll give 1 him a piece of my mind If I only catch him kissing me once! Moved! Headstones, etc., try The Albany Marble and Granite Works. mm Electrical ' >" AND-— Construction Co* 105 Broad St„ Phono 416. G. W. SAYE, President. ' Mr. Jos. L. Rarey, the old reliable tailor, has moved his place of business to No. 98, over M. Crete's store,' south Broad street - , . My Spring samples are ready for in spection. 5&V VI0& L. RAREY, Albsny Decorating Co., Paints, Oils,"Varnishes, Wall Paper, Burlaps, Room Mouldings. Best Cream and Fresh Candy. W. H. MILLER, INDSTINCT PRINT