. The Cuba review. 14 THE CUBA REVIEW GUANTANAMO AND WESTERN CHANGES By the purchase of C,000 shares each of the preferred and common stock of the Guantanamo and Western Railroad from tlie Knickerbocker Trust Company of New York, a syndicate made up of a number of the larger stockholders, mostly in Bos- ton, has secured a majority of the stock of that corporation, says the Havana Post. At a meeting held recently the followmg entire new board was elected: C. St. L. Abbott, chairman of the board, and William Barbour, Courtlandt D. Barnes, J. H. Caldwell, B. P. Cheney, I. McD. Garfield, James M.
. The Cuba review. 14 THE CUBA REVIEW GUANTANAMO AND WESTERN CHANGES By the purchase of C,000 shares each of the preferred and common stock of the Guantanamo and Western Railroad from tlie Knickerbocker Trust Company of New York, a syndicate made up of a number of the larger stockholders, mostly in Bos- ton, has secured a majority of the stock of that corporation, says the Havana Post. At a meeting held recently the followmg entire new board was elected: C. St. L. Abbott, chairman of the board, and William Barbour, Courtlandt D. Barnes, J. H. Caldwell, B. P. Cheney, I. McD. Garfield, James M. Gilbert, M. H. Lewis, Joseph N. Smith. The new board elected officers as follows: M. H. Lewis, president; G. St. L. Abbott, treasurer; L McD. Garfield, vice-president, and D. H. Thomas, secretary. The Guantanamo and Western is a broad gauge line eighty-one miles long, with an ocean terminal at Boqueron on the south coast of the east end of the island, ad- joining the United States naval station on Guantanamo Bay. It connects at San Luis with the Cuba (Van Home) Railroad, ex- changing trafiic at that point to and from Santiago, Nipe and Havana. The territory between San Luis and Boqueron is re- puted to be a very fertile sugar cane dis- trict, and while only about 15 per cent of it is under development the gross earnings of the railroad during the fiscal year ended June 30, 1911, were in excess of $4,000 per mile. The formation of the syndicate and subsequent changes in control and manage- ment were effected by Messrs. Cheney and Garfield, of Boston. Every employee of the Cuban National Lottery, with the sole exception of the as- sistant director, was dismissed from the service on February 26th on orders of Sr. Gustavo Alonso Castanedo, the director. According to the Havana Post Sr. Casta- neda intends reorganizing the inspection department of his bureau, in order to stop the sale of Spanish and San Domingo lot- tery tickets. According to figures printed by El To- haco of Havana
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