. La rassegna della ferrovia di strada. ITH 410 ^atiectlFya4iw!ayj^^ centinaia di persone in più impoverite. Ttie risultato di questa inter-vista era l'elazione, l'inflazione e infine il fallimento. Dopo diverse conferenze tra il Sig. Lewis e il Sig.Hollins, quest'ultimo ha proceduto ad organizzare un sindacato per araid su Brooklyn. Ci riuscì, e in primavera l'estate del 1892 iniziò ad acquistare azioni della Brooklyn City Rail-Road. Tenendo attentamente fuori di vista e attringthrough mediatori locali, tutte le azioni nel mercato wasquietly assorbito. Il prezzo di mercato è aumentato da 175 nel maggio 1892 a 225 nel novembre, prima che gli azionisti ricevano un

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. The street railway review . ith 410 ^atiectlFya4iw!ayj^^ hundreds more impoverished. Ttie result of that inter-view was elation, inflation and finally failure. After several conferences between Mr. Lewis and Mr.Hollins, the latter proceeded to organize a syndicate for araid on Brooklyn. He succeeded, and in the spring andearly summer of 1892 began to buy Brooklyn City Rail-road stock. Carefully keeping out of sight and actingthrough local brokers, all the stock in the market wasquietly absorbed. The market price rose from 175 inMay, 1892, to 225 in November, before the stockholdersreceived any intimation that an attempt was being madeto secure a controlling interest in the capitalization of thecompany. When the Eagle first made public the factthat such an attempt was being made, there was a stillfurther increase, until, late in December, 1892, just priorto the increase in capital stock from $6, 000, 000 to $9, -000, 000, Brooklyn City Railroad stock sold at 310. It was in the circumstances connected with this buying. DANIKL F. LEWIS. movement that Mr. Lewis first began to make enemiesin an} considerable number. He had made what nowturns out to have been a serious mistake. He knewpositively the plans of the syndicate. He was, it is nowbelieved, one of several men who had entered into a con-tract to deliver the control of the company over which hewas president to the syndicate. He was appealed to onall sides by stockholders to give them some definite infor-mation. This he refused, and as a result two-thirds ofthe stock of the company changed hands. As wasnatural, every man who had sold his stock at any lessfigure than the top price felt a personal grievance againstMr. Lewis for withholding definite information. Theenmities thus created have since had a powerful influenceupon the company and upon him. The traction scheme, as it was finally launched, pos-sessed most brilliant possibilities. The trouble was thatthese were merely possibilities and not certainties. Even befo

Parole chiave associate all'immagine

• bookcentury1800
• bookdecade1890
• booksubjectstreetrailroads
• libro