. Electric railway review . ntendent of con-struction of the Stone & Webster lines in Texas, with offices alDallas. Mr. F. L. Fuller, vice-president and general manager of theNew York & Queens County Railway and the Long Island ElectricRailway, was elected president of the former company at a meet-ing of the directors held in New York city on April 3, succeedingMr. Arthur Turnbull, who is at present in Europe. Mr. Fuller hasbeen connected with the New Tone properties since 1903. Prior to1893 he had charge of the St. Paul (Minn.) street railways, resign-ing his position there to become assistan
. Electric railway review . ntendent of con-struction of the Stone & Webster lines in Texas, with offices alDallas. Mr. F. L. Fuller, vice-president and general manager of theNew York & Queens County Railway and the Long Island ElectricRailway, was elected president of the former company at a meet-ing of the directors held in New York city on April 3, succeedingMr. Arthur Turnbull, who is at present in Europe. Mr. Fuller hasbeen connected with the New Tone properties since 1903. Prior to1893 he had charge of the St. Paul (Minn.) street railways, resign-ing his position there to become assistant superintendent and latergeneral superintendent of the West Chicago Street Railroad Com-pany. In 1S99 he was offered and accepted the position of presidentand general manager of the Interstate Railway Company, Phila-delphia, where he remained until 1903, when he resigned to becomevice-president and general manager of the New York & QueensCounty Railway, which position he has held until his present Danforth. Atlantic City (N. J.) & Suburban Traction Company.—Thecreditors committee, composed of John L. Clawson of Philadelphia,H. von H. Stoerer of Chester, Pa., and A. C. Stamm of , prior to the meeting of shareholders on March 30, at whichIt was decided to issue $30,000 preferred stock, issued a circularletter, an abstract of which follows: The company defaulted inthe interest due February 1. 1907, upon its $750,000 outstandingbonds. The company has a floating debt of about $100,000: has is-sued $27,000 car equipment bonds, and has entered into a contractto pave Florida avenue, Atlantic City, at a cost of about $15, plan of readjustment which it seems best to adopt to accom-plish the desired end is to defer the payment of the interest dueon February 1, and August 1, 1907, on the first mortgage bonds;negotiable scrip will be issued for this interest payable with in-terest at the rate of 5 per cent per annum from the date of eachcoupon, the pri
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