Show Private Bankers Nov I NEW YORK March llThe negotiations between Garrett and the Richmond Ter between and the deal minal Co has fallen through is off considered is now being A new proposition foot for ar on Garrett and negotiations I by Baltimore Ohio to a the control of the syndicate of private bankers I March lIThe new arrange CmOLGO of the control of the I mont for the purchase in Baltimore Ohio by a private syndicate I Garrett wlll have an interest which President placing the stock in collateral est contemplates the and company i lateral trust for the new this trust company secured by issuing bonds amount of 10000000 These I pany to the as pm payment I be taken to bonds are millions in issue fifty The new companywill Baltimore holders of outstandin I I and stock will reoieve three shares of stock Ohio for one share of stock I the new stock will be the old The new = I listed on the New York Stock Exchange and on the present basis of the earnings will receive a dividend at the rate of six percent per-cent per annum The express business parlor cars and telegraph lices will be sold f at the best opportunity p but until that is done they will be operated as heretofore |