Newspaper Page Text
[ Continued from First Page.] ' •
large aad important city to remain in bis
place. But they came not from the mu
nicipal coundl merely, but from the repre
sentatives of one-third of the corporate
shares of the Atlantic and Gulf Railroad
and as the largest single interest
in that institution, the one to be most dam
aged by its calamities or benefited by its
prosperity, without a clear suggestion on
the part of ttte municipal council that it did
not deem his connection with the mayoralty
injurious to the interests of the company,
while they express the opinion that “his
resignation at this time not only dis
appoint the public at large and the person
al wishes of the Alderman, but would also
prove detrimental to the interests of the
city by the embrrrassment and confusion
to which it would give rise.”
Other reasons wera. operating on his
mind of a private nature, nhmely : that sev
eral of the members of council had accept
ed their election on the express condition
that he would accept the and it
was intimated that their resigdßons would
probably follow his. But the public rea
sons for a withdrawal of his resignation
should have been sufficient to command
the conclusion which followed upon the
careful and, he trusted, conSkwrrtiotlS “Hg*
liberation which he gave to the subject.—
Finally, however, his resignation was with
drawn, when he became satisfied that it
could not be gratefully or justly urged.
CpL Screven took his seat amidst the
loudest and msot enthusiastic applause.
Colonel Screven went carefully over the
ground revealing plainly that throughout
the trying ordeal he had been actuated by
the most • unselfish, earnest and conscien
tious desire to conform to the views-of the
directors, and. that his course above
reproach of auy kind. "We may here .add
that the above will only give an idea of the
able address of the President, and although
it may be faulty in some particulars, the
result of difficulties that need not be men
tioned, yet we may say that it is correct in
its main features, although we do not claim
that it is more than a synopsis.
Dr. Jas. J. Waring here took the floor,
and stated that he had come there for bus
iness. He had listened with patience for
one hour to a discussion of thd correspon
dence between the President and the re
tired directors of the company* He was
interested in the success of this road, and
was here in the interest of Savannah. He
was identified here, and as Savannah pros
pered, so would he ; if it declined, so would
he. He had no personal feeling in the
matter. But he believed the road was
badly managed, and that it would get into
bankruptcy if there were .no change. He
* proposed to have no personal preference,
and cared not who managed it, so it was
done well and properly.
He had nothing to seek personally from the
Road, and, .therefore could not be prejudiced in
. that respect, hie had looked over the condition
of this Itoad and wondered why such a large road
was not prosperous, and. discovered the reason to
be that it was controlled by indifferent stockhold
ers. Many of the stockholders were poor men who
had been induced to invest their little in stock un
der the eloquence of a great man of Savannah.
He asserted that two stockholders controlled it—
one of them the city of Savannah. With due re
spect to the stockholders in the State, he contend
ed that th’ey were the class of men not fully up in
the ways and requirements of commercial interests.
It was the tendency of their minds to cousider
}>resent evils better than uncertain future. He
lad come for the purpose of showing that the
Road was virtually sold, In illustration he would
mention •
Ist. The reduction in the value of the stock.
2d. No dividends declared since its corporation.
3d That it«was managed in such a manner as to
increase the liabilities without benefiting the
Hoad.
Some time ago he had called the attention of
the Mayor to the report in which was included an
account of five hundred thousand dollars bills pay
able. In subsequent reports this item had disap
peared, and it was his understanding that it was
covered up under item of twenty years bonds.-.
He then continued with a running com
mentary on the supposition that the road
was bankrupt, demanded the resignation
of Col. Screven, a change of managomeut,
and insinuated that he might, under the
circumstances, very justly appeal to a court
of law for the appointment of a Receiver
of the Road to protect his interests. [Laugh
ter. "Without disrespect to Col. Scriven he
(Dr. Waring) did not consider him (Col.
Scriven) the man for the place, and called
on him to make way for a great man of
railroad ability, Ac. The speaker then put
the following questions :
“Col. Screven, did you pay the interest
on the debt thaf fell due on the first of
July with borrowed money or not ?”
Col. W. L. Seward here arose and re
marked that it was rather a singular pro
ceeding for a person pretending to be a
scholar, a gentleman, and’ a stockholder in
a Company to desire tauncover the private
operations of the Company merely to grati
fy his private curiosity, and he hoped he
wonld'withdraw the question.
Dr. Waring—“l will not, hope the stock
holders will sustain me in the endeavor to
have the condition of the road revealed.”
One old gentleman, whose name we did
not ascertain, gave vent to his indignation
at the stubborness of the patriotic Doctor
in trying to create dissatisfaction among
the stockholders, by inquiring—“ Why the
devil don’t ye stop talking ?”
Dr. Waring reiterated his question
whether the interest was paid with borrow
ed money or the earnings of the road.
Col. Screven stated that, as President of
the road, he had his own views about the
propriety of answering such question pro
pounded with such motives ; but, if at were
the wish of the Convention, he would do
so.
’ !ffere some few remarks were made by
Dr. Arnold, Captain Mercer, and Silva, the
exact purport of which, on account of their
brevity, we could not understand.
Dr. Waring stated that if it wtere not an
swered, he would take it for granted
that it was a palpable confession the money
had bqen borrowed. that it
was not improper tljal this question should
be answered ; that the stockholders’ meet
ing was a court of inquiry, and if they had
not the riglit to know the condition and
prospects of tlieir own road, who had ? He
looked upon the failure to answer the
question as a confession of the justice of
the charge.
Voice—l don't so view it. [Applause.]
Dr. Waring here rambled oil with his charges
with Imnds tilled with documents, newspaper ex
tracts, and read occasionally from some of bis vo
luminous reports. * He now asserted emphatically
that the money had been boirowed- to pay the ia
- tereet pn debt and the employees of the road
oojWfirst of July. That M. K. Kessup k Cos.,
JiqJW'the road in their control and if they took the
potion to.shut down pn further advances ymd cre
ate embarrassment in Wall-street, where would be
their road fa
’General J. H. Hammond begged to intqr
rupt the jgentleman. and permission "ltaiig granted
took the neor. Gen. Hammond .Jtatea that he
represented 3,300 shares of stocfcfo this Company,
part his own and part belonging to the gentlemen
whose names had been mentioned. He 'would say
that if those gentlemen, JM. K. Jessup k Cos.) had
desired to embarrass. the road in any way they
would hare taken its botods and Dot invested their
money in its stock at market rates. M. J. Jessup,
was not the man to buy worthless railroad stock,
He (the speaker) was 4 railroad manager for sev
eral companies, and in "his business captiblt f had
examined into the affairs of the Atlantic and Gulf
Railroad. Every facility had been given to know
the Road, and. in consequence, he had invested
in its stock. (Applause.) •
Dr. Waring resumed his remarks and asserted
that M. K. Jessup bad’ bought 2,001 Bhares of
stock in 1868, when Savannah desired io sell out
her stock, and the matter was considered in Council
Col. Screveft here interrupted the railroad
smasher,” and inquired if he would produce his
data for this assertion, and the dates. The Doctor 1
acknowledged his inability to give exact dates afld.
figures, but could approximate ta them. Colonel
Screven replied that' he sheuld have yrtwided
himself with the dates and sufficient memoranda
Apiaae. disking such assrrtions as these. Colonel
Screven then stated that he returned ’from New
York On the 20th of December, 1868 ; on the day
following, at a meeting of the Directors, he had
stated that Mr. Jessup wanted to buy certain re-,
tired stock—proposing to take it in the March fol
lowing. Pending the consideration, of this matter,
he was instructed by the Board to telegraph Mr.
Jessup and ascertain if he would not take the stock
at once. At that time the road was largely in
debted to Mr. Jessup. The stock was taken by that
gentleman at once, at 40 cents on the dollar, when
it was selling here at 38. His action in traxtsfet
iug that stock was confirmed by the Board, the res
olution to that effect being offered by Mr. John
Stoddard, one of the present retired Directors.
(Applause.)
Colonel Screven here wanned up with his sub
jegt, and stated that Dr. Waring; in one of. the
newspapers, had endeavored to create the impres
sion-that a cloud hung over the President in this
very transaction, and he was determined to dispel
it and make the sunshine of truthful facts enter
into his (Waring’s) hfeart. He would not answer
the question that had been propounded hifn in this
querulous manner, unless the same was dejnanded
by the stockholders, but he would remark that if
this question was opened up in all its bearings, it
would eventuate in a labyrinth of interrogatories
that in turn would result iu the questioner being
completely foundered.
I)r. Waring, probably not understanding the re
mark, replied that it was very poor management
of a railroad that wquld be foundered by a few
qutstions. Be continued his remarks on the con
dition of the road, asserting that the liabilities
had increased sinoejebruary, and that the interest
just due h£id been paid with borrowed money.
Mr. E. A. Silva here moved that President
Screven be instructed to decline answering such
questions. The motion was seconded and carried
by a large vote.
Mr. Silva moved to adjourn, but withdrew his
motion in order to allow of the introduction of the
R solu ions:
Resolved, That it is the sense of this Conven
tion that there is nothing in the withdrawal from
the Board of Directors of six ot its prominent
members to exciterfipprehension as to improper
management of the Company's affairs.
Capt. B. P. Bruton offered the amendment,
which was accepted:
And that we repose' perfect confidence in the
management of Col. John Screven, President of
the road. •
The resolution, with the amendment, was put
and carried with one dissenting voice.
Gen Hammond here request and that the motion
to adjourn bo delayed, as it was an important
matter. He had arrivail late the preaeaditig night,
au<> had not had the opportunity to study over
the affair that he would have desired. Certain
thoughts bad been suggested to hitn during the
diseussion of the moruing, and he could but ie
mark that if Mr Waring had not taken mor** pains
to inform himself thoroughly upori his subject in
previous essays than in the last one, he had Occa
sioned a great trouble for uothing, and had placed
Col Soreven among t iose who do nqj; know hin
in an unfavoiable light. Gen. Hammond t-heu
took up the charges preferfed in Dr. Waring’s
communication published ou the 2d. and very
ooolly proceeded to knock daylight, through them,
to the intinite amusement of the stockholders,
whose interests the doctor was so anxious to pro-,
tect. • *
The shaving down of the terrible looking
(barges, by ibis cool, practical and experienced
railroad official, was quiet, thorough and satirical
Gen. H had been a railroad man sines he was 17
years of age, and deemed that be knew something
about rail loads. He* road from the Presidefat* s
leport of the operation of 1871 for the Atlantio
and Gulf Railroad, and showed clearly how things
might be distorted. In regard to extravagance in
salaries, as alleged by the Doctor, Jie cor Id not
discover it. The President gets a less salary than
de H ) would take, the Treasurer received
less than the same official in most of the railroad
companies of the country, and thd salaries getter
alls ruled lower than on any other r<»id. He was
a stranger to most of them and therefore could not
prejudiced.
He wtohld say that the road was managed as well
as it could be under the riioumstanees. He then
alluded to the confidence in the road, and produced
as evidence reports of the purchase of stock run
ning fr m‘lßllß to 1872 by M K Jessup individu
ally, and claimed that this was a practical illus
tration that a clear headed capitalisr wa.s satisfied
with the management of the"road, or would not
have invested his money in its stock.
Col. Sewa and. Well tiie minds of greatjmen run in
the#ame channel. I understand that Dr. Waring
hiiurelf pm chased a lot of stock in tliis company
lately. [Laughter and applause.]
Gen. Hammond continued .his remarks awhile
longer, and illustrated by seveial neat littleaneo
dotes the fix into which the Doctor had got him
self His remarks were frequently interrupted by
ap lanse.
Major Hcmy Bryan here arose and offered the
following resolutions which were adopted : •
1. Resolved, That we recognise mu' property as
having intrinsically a high value, but as one
which, as it stain is. canuot probably be made pio*
ducTve to the stockholders.
2. That in a remedy for this unpro
ductiveness, we must look to an increase of the
Company’s business and the protection of its
credit.
3. That we look to the extension of the road as
called for by Ds chatter, tbe funding of its float
ing iebt. and the cordial co operation of all its
friends in promoting both, as to
secure the remedy.
4. 'That discord and personal animosities would
tend to ruin our credit, depreciate our pfoperty,
and deprive us of the sympathy wtfirh «ra expect
from the citizens of Georgia and Alabama.
6. That we request the President aud Directoiy
to fill the vacancies in tbe Board.
6. That io announcing this as our future policy,
we earnestly invoke the assistance of the State of
Georgia and Alabama, and of the citizens of Sa
vannah and Mobile.
NOTICE;
I HEREBY warn anybody against trading for
certain promissory notes made payable to S. R.
Dukes or bearer ; one for the sum of one hundred
dollars, dated about the 17th of February 1872,
and due about the first of Nov., 1872, signed A.
D. Smith. J. P. Smith, Security. The other for
the sum of (8400) four hundred dollars, dated
about February 17th 1872. and duetibout Novem
ber Ist 1873 signed A. D. Smith and J. P. Smith,
Security.
I will not pay said notes unless compelled fcgr
Law.
A. D. SMITH.
, July 6th 1872- ’ 2 &
Miscellaneous.
mwmr
INDUCEMENTS OFFERED,
•* „
IV
* * •
I Border to make a chang in bustnes,
and improve vents in mv store, I am selling mj
entire block of 'Goods, consisting iu part of
• S ♦
• •
•Dry Goods,
Clot ii i jd. er.
#
# •
boots and shoes;
HATS, CAPS, AC., AC
Invite the attention of the LA DIES especially
to my stock of
Dress Good&, fyc.
Which I will dell at Great Bargains.
* I. M. BOSENFELD
mchll 3m.
- - -
B. J. LESTER,
COMMISSION MERCH’NT
♦ and dealer in
Liquors, Cigars, Tobccos, &c ,
savannah, DA. nov96m
THE OLD RELIABLE
WEST-STREET
HOUSE!
OF
mu t mui,
xmm Mjsß2ariwo- -
CONSTANTLY SUPPLIED WITH HEAVY
INVOICES OP
SPRING & SUMMER
GOODS,
OF THE LATEST
Styles and Patterns
TOGETHER WITH A
Very Large Stock of
STAPLE CMB!
Also,
*
HARD-WARE, WOOD-WARE, WIL
LOW-WARE, &C„
V£&»Tn fact there is nothing Van ted by the pub
lic that they cannot supply at most reasonable
prices. -Give us a call, examine our goods and take
advantage of our inducements,
PATTERSON A McNAIR.
May 4,1872-46-ts
ICE CREAM SALOON
RESTAURANT, #
And confectionery. We respectfully announce to
the citizens of Bainbridge and surrounding coun
try that we have just opened the above estab
lishment, on. Water street, next door to the Flint
River Store, and that we would be glad to see all
our old customers and as many new ones as may
honor us with a call, ce Cream will be served
per orders to any part of the city, well packed in
iee. Orders for parties or picnics promptly atten
ded to and liberal deductions made for such occa
sions. HEPPY4-&RADSHAW.
Miscellaneous. *
S»
WATCHES*
JEWELRY,
DIAMONDS,
SXLYER WARE
MUSICAL INSRUMENTS
SPECTACLES,
W ALKING CANES,
TOYS.
FANCY GOODS,
PIPES, &C.,
nda full line of Fancy Goods, suitab.e for
Holiday & Bridal Presents.
For sale by
W. C. SUBERS,
Next Door to Butts and Peabody, Broad Street.
BAINBRIDGE, GEO.
GEORGlA—Deoatur CouNiy.
PRISCILLA BRASWELL will apply at the
June term of the Court of Ordinary, 1872 foi
letters of guardianship of the persons and property
of Simon Burk, a minor under the age of fourteen
years.
JOEL JCHNSON, Ord’ry.
May 4,1872-46-3™
TO THE CITIZENS OF THOMAS COUNT!
A Live Paper in Tour County.
PROSPECTUS OP TBS
SOUTHERN GEORGIAN.
To be published at.THOMASVILLE, GA.
THE FIRST NUMBER of a live, progressive, a*
ahead, wltle awake weekly newspaper, under ta*
above name, will be issued at Thomasville, Thom
as county, G-a., on or about the
15TH DAY OF AUGUST, 1873,
ty R. M. JOHNSTON & CO., tne present propiar
ois of the Bniobridge Sun.
The subscribe!s believing that there is an Inv»-
ting field fcflj a LIVE paper in the rapidly growing
city ot Thomasville, and that the citizens of Thom
as county really desire such an institution in thei
county, and that they will liberally bestow that.'
patronage on a good newspaper when assurred that
it will be to their interests so to do, we ha/e on
dertaken to supply the wants of the people in that
direction. If euergy, industry and enterprise ar*
the means of success, our succeeding is this entei
prire is beyond and, if faithful new
o the true interests of those who patronize ug will
prove a sufficient incentive'to attract to us the pas
ronage of said county, we shall be eutirely enccesa
ful and accomplish our aim, namely, of establisa
ing a permanent institution in 1 homasville in tu«
shape of a live an 1 progressive newspaper.
The people of Thomas countv want a live pape.
and they are bound to have it. Their home in
terests require it. Their political interestsdemant.
it. Then let everybody c«*md up and subscribe
for the Geirgian —it will do yon good and instruct
you in many things. Tliomasvillians, your city ta
growing rapidly—the outside world .should know
ii, and the Georgian will make it known, provi
ded yotl palronize it Nothing cah or will prmnot*
the growth anr) prosperity of a .city so materially
ska well conducted newspaper.
The editorial department of she paper will be
under the sole and immediate control of Mr. R. M.
Johnston, one oi the youngest out hardest work
ing and most rapidly rising members of the Geor
gia press, and whose ingeni us and'spicy mannas
of getting up bis local and home qolumns has s*-'
cured to- the I’ainhtWlge Sun. the journal ov*.
which be now preside ti e name of the best week*,
lv local paper in the Stale. Mr. J. will be as»m.-
ed l»y a prominent citizen of Thomasvdle, one e
the ablest political writers iu Georgia
The terns of the paper will be s2'oo per annum,
advertising rates reasonable.
ow let. every man who is in favor of the acw
vancement of ns lown and county, and who de
sires to read a firstsclass paper, come up aqd sow.
scribe at once* Those wishing to subscribe can no
so by calling on Mr. E. M Smith, at the banking
bouse of Messrs. Wright A+degnll, or to H. VY
Hopkins, Esq., Attorney at Law. No money re
quired to be paid until* the first number of the
paper is received* R* M. JOHNSTON & CO*
AMUSEMENT FOR THE SUMMER
EXCHANGE SALOON-
B. F. COLBERT, Proprietor.
Mv establishment is furnished with one of the
beat billiard sa'ottns iii Georgia, where the de
votees of this faCinating game, will meet With
every attention which is likely to render their
visits ple.«sant.
THE BAR
is supplied with the choicest selection of pnro
liquors, which will be served to my patrons by
polite tenders All the fashionable summer drinks
are now being mixed on my counter. The choic
est brands of cigars to be found at the cigar coun
ter.
THE SODA FOUNT,
Is also in full blast, and I would be pleaded to
have the public to ca'l and test the cooling quali
ties of this delightful beverage.
I wil I be glad to see af my old patrons, and as
many new ones as may think pr per to call
B. F. COLBERT.
May2o, 72. 48-ts
•* T ’
New Tin Shop!
WATER STREET,
BAINBRIDGE, GEORGIA
B. E. COURTNEY*
LATE of the firm of Courtney A Andrews, has
again
Commenced the Tin Business ,
And would*he glad to see all his old friends* and
patrons in his new q a r ters. Keeps always oa
hand a full supply of
TIN WARE, •
BHEE.T IRON,
** . COPPER,
And many other things too nunr erous.
■ST Job Work d«M at the shortest notice:
• achse-fiia. |
Miscellaneous.
■' i-- __ »
Are now rficeiving their very large *
§PMIf€l sfiisa SINHSjj
Drygoods, Groceries 5 Boots and SW
HATS, CAPS cfc PTJRa
MTTYSI* CSSESfi, FISH, SASBIifSS,
HARDWIRE WOOD, WILLOW AND QDEEHSWARI J
WHISKIES* BRAKDES, GINS
*aNd man other things too numerous to mention.
*l*4
Come This Wat!
* |
AND THE
mi mm in m in i
Dry dootli
-—AND—
GROCE RIEC
Ever brought to Bainbridge.
We have now in store our usual supply of Spring and Summer goods to whiei
• would call the attention of close buyers : Consisting ol
DRY GOODS, WALL PAPER and BORDERING,
GROCERIES, VEILED CUBtANS, PAPER CUTAINS,
HARDWARE, PAINS, LEADS, AND OILS, BOOTSASD
SHOES, CLOTHING FOR MEN AND BOTS, TJV,
BACON, LARD,C HEESE, SUGAR, COFFEE, IRON, STEEL, AND NASA
We Invite Everybodi
To call and see us before making their purchases.
s&Bsif &
TANARUS, JL WILLIAMS & CO
. DEALERS IN
BACON, DRIED BEEF, JLARD,
RICE, FLOUR, MEAL, COFFEE,
SUGAR, CAN-GOODS, PICKLES,
FANCY CANDIES. TOBACCO,
. SNUFF,-CIGARS, SODA, ATCHES,
STARCH, SOAP. BUCKETS AND TUB 5 ,
8R0D.3, POSTER, ALE. WINK I'M
Whiskeys of the best brands.
ALL CS'Sfi.l? Wm CMS m £3EGHA!f«I I«
wraftY bbubwcs-
minim motels
“The enduring monuments of Fenimore Cooper
are his works. While the love of Country tevail,
bis memory wilt exist in tbeheil-ts «>f jhe people.
So truly patiotie and American througho t, they
should hold's place it> every Ameiican library
Daniel Webster.
A NEW AND
SPLIJNDIDLY- ILLUSTRATED POPULAR
£DITION
or
FENIMORE COOPER’S
• WOKED FAMOUS
LEATHER STOCKING ROMANCES
D. AppiiTon & CO., announce that they have
commenced tbe publication yf J Fcniruore Coops
er’s Ni v« ls. in a form designed for general popular
circulation 'Jhe seties will begiu with the famous
“Leather Sto(king Tales,’ five ia number, which
will be published in the following order, at inter
vals of about a mouth j
I- 1h i Ust of the Mohicam. II The Deerslaver.
HI The Pathfinder. IV. The Pioneeis. V. The
Prairie.
This edition of the leather Stocking Tales” will
be griuted in hand>ome ocavo v< Inmes from new
stereotype plates Each volume superbly and fully
illustrated with entirely new designs by the dis*
tmgnished artist F. O. C. Darley. and bound in an
att active | aper cover. Piice, reventv-five cents
per volume, or $3 75 for the complete set. - The
senes when completed wiH make, bound, an elc
,gant library volume, for which binding-cases will
be furnished at a moderate price.
PREMIUMS AND CLUB TERMS,
°o° These club terms are designed specially for
towns wheie there are no local booksellers.
Any peisons sending us the anionnt in advance
for the complete set of the ‘
Series, s3<s, will receive gratuitous! v a hafid
sourersteel engraved portrait of J Fenimore Coop-'
er, of a size suita> le for binding in the r-luroe.
Any one sending us tbe amount in full for fo nr
'Jomplete sets of this series (sls), will receive th
extra set gratuitously, each set accompanied dv s*.
steei portrait of Cooper. The volumes of the as
"".y l ll ** *9 each subscriber, postpaidann
rapidly as published, ant the portrait immediately
the receipt of remittance.
t * CL)-. Publishers,
148 * Btwriway, Now York.
mmm MANHOOI
Just published, anew edition of OR. (
WELL’S CELEBRATED ESSAY«n tw' '*
of certain weakennesses, the efec |4 0
Abuses of early life. . .
The celebrated author, in tliis *“ m!
cleat Iv demonstrates from a thirty +
practice, the alarming consequent*
and abuses may be radically . 1
dangerous use of internal mediciae j
tion of the knife ; pointing o o '*"*.
at once simple, certain and e “' c '* l,| iit*
of which every sufferer. n °. alf f*
dition may be. may cure hinw*” 1 '
ly, and radically. .
tSTThIs Ledure should l»fl
>y youth and every ntan in the ;lr ' ' u 0 f
Sent Under seal, in a plain t**
dress, postpaid on receipt of »•* f* o
ft mps. Oj# r
Ahwr, Dr. Culverwcll’s •Uatri***
cehts.
127 P-werr. >'** ( j#
• Poet Of*** 1
»arch 16.1872 80-ts
TUITIH'
I WISH to inform the **
I neighboring counties, ttw
to do all kinds of
HOUSE,
SIGN and
ornamental
PriN^'i
PA^.^I
GLAZfXGAKD VARNISHING J
. . itt*** I** 1 **
*« w*
justs, oiis. flUBS> .y I
.Kareh JO, 1872 40 ts