Georgia Central Indicate organizes powerful Wall Street syndicate
The Georgia Central deal forms a strong syndicate including John H. Inman Emanuel Liman Alfred Sally John C. Calhoun H B Hollins August Belmont Jr A L Rice and Kissel Co Depnison and others. They plan three Georgia Central shares for each Central treasury share plus 4 million in five percent bonds sold to foreign capitalists at five cents. Georgia Central stock may reach thirty dollars per share giving net profit around fifty dollars per share after treasury cash. A pool to restrain selling and a five year committee to vote 40,000 Central shares in elections aim to secure long term control. H B Hollins is named president.
MENTIONED IN THIS ARTICLE
New York
Georgia Central
Georgia Company
Messrs
John H. Inman
Emanuel Liman
Alfred Sally
John C. Calhoun
H. B. Hollins
August Belmont
A. L Rice
Central
Central Railroad
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