| Show IS THIS THE 1 corporation lo 10 the j nov 9 the gays that a plan has promulgated in new york and in intended to take alie place of the interstate commerce railroad Kail road Aero clation bag been submitted to the manag cra of the principal western roads the tacit as printed clious eliat the organization 13 to be known aa the peoples franb port atlon company euch company to have the and management of all the traffic of tuch road M may contract with it the block of the company ia to be distributed among the roads in interest upon a basis to be agreed upon and not subject to transfer it ia to be managed by a board of directory direct org composed of one officer from each road and three persons depre benting the new york bankins ban kinf inter i eita from whom bluee practical road men and two bank thea shall be chosen as an executive committee with the full power of lie board but subject to review and to sta action by alie full board the board n empowered to inako all rates and divi ions between the connecting roads and to control all asencios asen cirs prescribing the character of alie service and the be furnished the public the reports to be made and alie roles and regulations gocr ning the passenger and freight traffic alie contracting roada aro to be allowed to retain only a percentage of the gross earnings to pay the average actual cost of doing lie business it friall be that edmo for all contracting roada the remainder of the earnings to ba paid over to the transportation company all cages of disagreement which the executive exe cutie committee cannot adjust are to bo referred to a board of arbitration bit ration composed of the president of the transportation kompany om pany and two others to be chosen in whatever manner be agreed upon by two thirds vote of the board of directors no contract is to be made with any railroads for a period lees than ten i ears except by unanimous consent of the board of directors and the approval of a majority of alie stockholders of such compary com papy the tribuna gays it is understood that this company lias been incorporated in new jersey BALTIMORE nov 9 the united states grand iury today to day ind acted eighteen of navassa rioters for murder and being accessories before the fact the penalty for is death seven are ili arged as principals and eleven a having aide and abetted alie murders thomas 0 iiames united district attorney will ask for immediate trial |
