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SEABOARD RAILWAY CO.
PERFECTS NEW ORGANIZATION
M:eting Held in Pe-ersburg Monday
Means Much To Development
of Line.
A special meeting of the stock
holders of the Seaboard Air Line rail
wjay, held in The office of the
company in Petersburg, Ya., on Mon
day, the loth instant, marks the cul
mination of a movement wihich has
brought about the consolidation ol
two great railroad properties in the
Sou‘h—the Seaboard Air Line and
the Carolina Atlantic and Western
railway. By the acquisition of this
331 miles of railroad, the conistruc
tion of 8-5 miles of new railroad be
tween Charleston and Savannah, now
under way, the Seaboard Air Line Ry
company gains entrance into two ad
ditional important south Atlantic
pore—Charleston and Georgetown—
and tains a low-grade main line from
Hamlet, N. C., to Florida points via
Savannah, procuring to the Seaboard
great economics in operation and put
ting to its credit only new railroad
extension which has been miade in the
south since the outbreak of the Eu
ropean war—the 85 miles now being
constructed between Charleston and
Savannah. The completion of this
link now rapidly under way, give the
Seaboard by far the shorter line fron
ths east to Florida and puts it in a
commanding position for Florida trav
el and traffic from the easl
It is understood that the Seoboard
stockho’decs’ meet dig will ratfiy th<|
proposed plan wihich has already been
ratified by the stockholders of thej
Carolina-Atlantic and Western rail
way, which becomes a part of the
Seaboard Air Line railway system.
Avery large percentage of the
total capital stock of the Seaboard If
already in hand 1 to be voted by proxy
at the special stockholders’ meeting
Work of Warfield.
Three years ago S. Davies Warfield
the Baltimore financier, a native oi
l*he south, and clseoly related tV> its
tradition and history, conceived and
put into execution the plan for the
acquisition of the large holdings ol
{Seaboard stocks then in the hands o.
New York interests, Mr. Warfield
becoming the largest individual stock
holder and chairman of the hoard ol
directors. This Was far-reaching in
its purpose, not only providing f*or
locating the controlling of the stock
in the hands of the people of the
south', hut the introduction into the
board of directors leading business
men of this section, the removal ol
the executive offices from New lork
to the south and tlie selection of? a
southern born railroad president who
successful career insured to system
an experienced operating head, W . *<
Harahan being chosen. At the head
o ? the traffiic department as Vice
president is another native of the
south, Charles R. Capps, who for
lover twenty-five years, has been iden
ti id with this property, successfully
advancing from a minor position tc
the important place he now occupies
When th's was accomplished v'lr.
Warfield undertook plans for perma
neatly financing the property and lib
erally taking care of its needs for
the development of the territory
/which it traverses. The Southern
directors are Robert F. Maddox and
Mil's B. Lane, Georgia; A. H. Wood
ward, of Alabama; J. P. Taliaferro,
0 e Florida; George W. Watts, of
North Carolina; Fergus Reid, W. T.
Harahan and Charles R. Capps, of
Virginia. In the board are also J.
William Middledcrf and Towns*-no
Scott, of Baltimore, and Mr. Warfield
chairman of the hoard and of the ex
ecutive and finance committee.
Scope of the Plans.
The plans which were worked out
and prepared by Mr. Warfield and
unanimously approved by the board
of directors in August last are far
reaching in their results. Not only
are the financial requirements of the
property cared for. hut the financial
structure is simplified. Tho mileae-e
is increased bv 416 miles of new rail
road, including the entrance into
two additional seaports and a second
trick over an important part of the
sys*eim.
Th° new company to be formed by
this consolidation will eexeeute r
moFeasre authorizing an issue of
<t o rp fIOO.OOO of hon<?c of which there
■ will now b° issued 5P5.64-3.00rt desie
as c eries “A.” Th’s issue wil 7
tvo (n’y portion o f the row mort
gage brought out at this time, and
The Winder News, Thursday Afternoon, November 18th, 1915.
leaves over 90 per cent of the au
ihjr.zed issue to iaae caie of the
tuiure inx Js oi the conso.iuateu sys
tv-iii. i niuicatts tLe iiiai*v*AL
caaracicr oi th.s tiiuaneiiig.
la vonaect.on with tne p.thenl is
sue Air V\ aiiie.d nas Drought to
ge-ii r a sarong syndicate eh invest
o.s, txxe new issue of oohus uciag
sold to a bank.ng syndicate headeu
oy t.xe Guaranty 'must company, .Na
tional City bamt, Chase National and
Bankers’ Trust Company, of New
Yorn, the Cotuiut-ntai Trust Compa
ny of Baltimore and other financial
institutions in New York, Baltimore,
Chicago, Boston, Philadelphia, Pitts
burg, Savannah, Atlanta, Jacksonville
B rmingham, Tampa, Nortolk, Char
lotte, Raleigh, St. Louie, Cleveland,
Cincinnati, San Francisco, Milwaukee
Detroit Columbus, Seat
tle, Denver, Xewi Orleans, Buffalo,
Syracuse, Rochester, Wilmington*, A1
bany and Newark.
Mr. Warfield’s plan to have the
Seaboard a strong southern' proper
ty has been followed with such suc
cess that the wjsdom of this policy
is recognized and indorsed by the in
vestment which these hankers have
agreed to make in this property.
This is a striking and eventful chap
ter in the developing of a railroad
of the south attracting widespread at
tent ion because of the magnitude of
this financial undertaking completed
by Mr. Warfield in the face of the
conditions at the time brought about
by the European, war.
Mr. Warfield’s Statement.
At the time the directors of the
Seaboard approved the plans submit
ted) by the chairman, Mr. Warfield
said:
"The Seaboard Air Line railway wil
be consolidated with the Oarolilba
Atlantic and Western railway under
the corporate name of the Seaboard
At Line Railway company. The Car
ol in a-Atlantic and Western railway is
a recent consolidation of the North
and South Carolina, Charleston North
ern and South Carolina railroads, op
erating a total of 416 miles. The
Carolina Atlantic and Western rail-
way recently acquired' the George
town and Western railroad, oix-ratir p
from Lanes too Georgetown, S. C.,
and from Andrews to the Pee Fee
river, South Carolina, a distance of
70 miles. The Charleston Northern
railway is the line recently complc
ed, connecting the North and South
Carolina railroad with the city of
Charleston, giving the Seaboard en
trance into Charleston, and now l he
coming a part of the main line of th(
consolidated system. The new termi
nals at Charleston are admirable
both as to location and facilities.
“The line will be extended from
Charleston to Savannah by the imme
diate construction of 8.5 miles of rail
road with a maximum grace of only
3-10 of 1 per cent. This uewi line will
also become part fo the mfein line c J
the consolidated system.
“This will give the Seaboard Air
L'n> Railway company—the new com
pany growing out of the consolida
tion of the above-mentioned proper
ties —a low grade line from Hamlet,
N. C., to Savannah, Ga. By this new
li ie, the Seaboard will reach George
town, S. C., Charleston, S. C., and
Savannah; will tap a rich and fer
tile territory, highly productive in
cotton and tobacco; will admit of
the Seaboard’s running time to the
south being shortened 1 ; wall create
a time with maximum grade of only
1-2 of 1 per cent as compared with
1 1-2 per cent—the maximum grade
of the pre#mt line to Savannah- —
an 1 will permit the increase of the
full train-load 127 1-2 per cent. In
effect, this will give the Seaboard,
through Sou‘h Carolina, from Hamlet
N. C., to Savannah, Ga., two lines
(the other lines running via Colum
bia.) each or.e self-supporting in its
own territory. In this w,ay, also will
be obviated the necessity of double
tracking the Hamlet - Columbia line,
where trtaffic is becoming congested
The territory to be opened up be
tween Char’eston and Savannah is
generally well adapted to the grow
ing of vegetables, com, ricp and sea
island cotton, and will put tie Sea
board immediately into Charleston’s
heaviest vegetable producing section.
“The Seaboard Air Line Railway
company the new, company— will
have a first and consol'dated mort
gage, securing an auhorized issue of
$300,000,000 bonds, of variable inter
est rates and maturities. This mort
gage will be a frst Her
on the 416 miles of main line track
HUSBAND RESCUED
DESPAIRING WiFE
After Four Years of Discouraging
Conditions, Mrs. Bullock Gave
Up in Despair. Husband
Came to Rescue.
Catron, Ky.—ln an interesting lettet
from this place, Mrs. Bettie Bullock
writes as follows: "1 suffered for four
years, with womanly troubles, and during
this time, I could only sit up for a little
while, and could not walk anywhere at
all. At times, 1 would have severe pains
in my left side.
The doctor was called in, and his treat
ment relieved me for a while, but I was
soon confined to my bed again. After
that, nothing seemed to do me any good.
1 had gotten so weak 1 could not stand,
and I gave up in despair.
At last, my husband got me a bottle of
Cardui, the woman’s tonic, and"! com
menced taking it. From the very first
dose, 1 could tell it was helping me. 1
can now walk two miles without its
tiring me, and am doing my work.”
If you are all run down from womanly
troubles, don’t give up in despair. Try
Cardui, the woman’s tonic. It has helped
more than a million women, in its 50
years of wonderful success, and should
surely help you, too. Your druggist has
sold Cardui for years. He knows what
it will do. Ask him. He will recom
mend it. Begin taking Cardui today.
Write to: Chattanooga Medicine Cos.. Ladle*'
Advisory Dept., Chattanooga. Tenr... for Special
Instructions on your case and 64-page book, ‘ Home
Treat aieut for Women." sent in plain wrapper. Lv> U
between Hamlet and pa\ia.ua>h, via.
Charleston, Lanes and Georgetown, S
C., located on the Hamit.-Coluuiniu
line, to Florence, Pbston, Sumter
ani Tinumcnsvii'le, S'. G. There will
be pi dged as collateral under the
new mortgage a majority—'s22,36l,oo<
—of the outstanding refunding 4', per
cent bends of the Seaboard Air Line
railway. ) ] /
"There will be issued presently un
der the new first anti consolidated
mortgage $22,893,000 6 per cent 30-
year gold bonds. A part is to be
used in exchange for underlying the
bonds of constituent companies. The
balance has been soldi, (the proceeds
to ba used for the construction of thi
n-w line from Charleston to Savan
nah ; for the retirement of equip
ment trust obligations falling due dm
ing the year ending June 30, 1916;
for the retirement of the ($6,000,000
3-year notes due March 1, 1916; foit
the acquisition of certain new prop
erty, and for improvements, better
ments), etc. 1
. “It was believed to he t.he best
interests of the property to make im
m dia'e arrangements for the near
future, as well as for present finan
cial requirements. In the financing
of the nations at war, interest rates
have a’ready materially increased,
necessitating the procuring of large
amounts of miney for American' en
tf-rprises on an increasing interest
basis.”
Securities Already Advanced.
As outlined In the foregoing state;
mc-nt by .Mr. Warfield, it is pointed
out that under the new financial
plants and consolidation all classes of
securities of the Seaboard Air Line
railway would be greatly benefitted,
not only bonds of the railway and
its constituent properties, but both
issues of preferred and common stoc
would be made more valuable. That
th : s is generally recognized is evi
denced by the large increase in the
market quotations of the stocks, and
all Seaboard securities, resulting af
ter the knowledge on the part of
the stockholders of the proposed fi
maneial arrangements and as addi
tional evidence of the manner in
which the plans have been received
by the stockholders.
Cured Boy of Croup.
Nothing frightens a mother more
than the loud, hoarse cough of croup,
labored breathing, strangling, chok
ing and gasping for breath demand it
stant action. Mrs. T. Ne'ureur, Kau
Claire, Wis., says: “Foley’s Honey
and Tar cured my boy of croup after
other remedies failed ” Recommend
ed for coughs and colds. Sold every
where. Advt.
Clarence Oaks, of Lawrenoeville
spent a few hours in the city Mon
day.
Many citizens from Winder attend
ed the Georgia-Tech game in At
lanta Saturday.
Minutes of Mulberry Association Out
Tho Minutes of the 42nd annual
se-s on of the Mulberry Baptist As
xociation are [just from the press
and contain quite a bit of news oi
general interest to the citizens of
our cjunty. Rep'. H. N. Rainey, Sr.
is moderator and Rev. .1. ft. I urcl it
clerk. The next session will meet
with the church at Talmo in Jacksjon
county. Rev. \Y. E. Moore, who is
soon to be a citizen of Winder,will
preach the introductory sermon, and
Rev. J. S. Settle in his| alternate.
There are twienty Sunday schools in
the territory of the body.
Total contributions to Missionary
objects follows:
State, $73.45; Home, $15.56; For
eign, $13.19; Orphans Home, $74.07;
Other Objects, i$ 11.46.
Total membership, 3410.
Total paid pastors, $2,050.
Homer Dalton was elected Super
intendent Home Department of Sun
day school work. Ernest Hayes Su
perintendent. of Teacher Training
Work. ' ' ) j I
Following are ordained ministers ii
the county of Barrow, who hold mi em
bers hip in the body.
O. L. Bagwe’l, Auburn.
J. ft. Burel, Auburn.
John Deaton, Winder.
J. P. Eley, Winder. i
S. M. Grizzle, Statham.
J. T. Grizzle, Stathain.
J. C. Head, Carl.
M. K. Hudlov<, Carl.
S. P. Higgins, Auburn.
N. TV Lancaster, Statham.
W. HI. Moore, Auburn.
H. N. Rainey, Sr., Winder.
J. S'. Sett’e, Winder.
J. R. Wall, Amburn.
Auburn Baptist Church.
There waLl be an ordination ser
vice of deacons at the Baptist church
at Auburn next Sunday at 3 P. M.
All neighboring churches, pastors
and deacons are cordially invited tc
be present, especially the officials o (
each church.
These services are a Iwiays very ini
pressive and quite a large noimiber o f
visiting deacons and ministers arc
expected to he on hand to partici
pate in this service.
A special sermon appropriate for
the occasion will die preached,
charges delivered to the deacons and
church by visiting ministers.
W. if. Faust, Minister.
Mow 1o Give Quinine To Children
FKBRir.IT is the trade-inrirk name given to at
improved Quinine. It is a Tasteless Syrup, pleas
rnt to take and docs not disturb the stomach
Cnildren take it and never know it is C'uinin
Mso especially adapted to adults who camio
take ordinary Quinine. Dors not nauseate no.
cause nervousness nor ringing in the head. Tr>
it the next time you need Quinine tor any pn
pose. Ask for 2 ounce ot ; t;iu;il pacLsgc. T!>
lain*- *'Kl'K) U Nil *vo in bolde .-> *•*
PUBLIC
1 will sell at public outcry, to theh ghe t bidder, Wednesday, December
8 h, 143 1-2 acres of land, lying an and being in Ohande’.r’s district, on the
Staiham and Winder road, two miles west of Statbam, and si* miles
from Winder. This tract can be divided into two nice tracts of land
91 1-4 acres, 52 1-4. Hfousee on each tract; known as the George Har
d!g-ee home place. Place rented for next year for ten bales of cotton.
Also at the same time and place lot of corn, hay, fodder, 2 mules
two horses, two 2-horse wagons; one buggy and harness, reaper and bind
er, one machine rake, hay press, disc p’ow, 'section harrow, two-horse
cultivator, two one-horse cultivators. Co’d cotton planter, four hogs, two
cows and other small farming implements; set of blacksmith tools and
other things too tedious to mention.
Farm rented next year for 10 bales of cotton
TERMS:
Land one-fourth cash, balance 1,2, 3, and 4 years,
8 per cent. All other sales spot cash. Sale will
take place at farm. B. H. Collier will cry the s?le
For Futher Information Write
P. L. DUNCAN
WINDER, GEORGIA, ROUTE 19.
lycr **£t>eryfAingbaked with yQv
pjwrU Calumet is so tempting
wonderful In leavening and rai- T
ing power —the moil economical Jj
*JrW Received Highest Awards
Cheap and big canßakingPowders do not
save you money. Calumet docs—lt’sPure
and far superior to sour milk and soda.
Chambsrla n's Tablets.
This is a medicine intended espe
cially for stomach troubles, bilious
mss and constipation. It is meeting
whh much success and rapidly gain
ing in favor and popularity. Obtain
able everywhere. Advt.