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<DIV><FONT face="Trebuchet MS">Bluefield Daily Telegraph<BR>May 20,
1909</FONT></DIV>
<DIV> </DIV>
<DIV align=center><FONT size=4>N. D. MAHER DECLINES $25,000 A YEAR
JOB</FONT></DIV>
<DIV align=center>------</DIV>
<DIV align=center><STRONG>General Manager of Norfolk and Western Says He Is Very
Well Satisfied Where He Is</STRONG></DIV>
<DIV align=left> </DIV>
<DIV align=left> Roanoke Times: Without much hesitancy
General Manager N. D. Maher, of the Norfolk and Western Railroad, has declined
to accept a position with a salary attachment of something like $25,000 a year
with the tacit understanding that he would soon become president of a
re-organized railroad company, with promise of a great future in the railroad
and general business world.</DIV>
<DIV align=left> Judge Edmund Waddill, of the United States
district court, of Richmond, recently ordered a receiver for the Norfolk and
Southern Railway and the selection of a receiver will be made this week.
Mr. Maher is said to have been offered the position, but has declined having
asserted that he is satisfied with the position he now occupies, especially so
as many important steps will be taken by the company during the next few years
in the way of improvement of service and general expansions of the system.</DIV>
<DIV align=left> Mr. Maher is the type of man but seldom
found. From a position of little importance he has risen to one that
commands the attention of the entire railway world. His success as general
manager of the great system of the Norfolk and Western has been perfectly
satisfactory and the fact is due in great part to his being practical in every
branch of the service. He is acknowledged one of the most expert men in
his position in the country and for that reason he was offered the receivership
of the defunct company and in time would have become the president. In
fact it was understood when the position was offered him that as soon as the
company was reorganized that he was to become the head of the company which in
time is expected to control vast railroad holdings.</DIV>
<DIV align=center>------</DIV>
<DIV align=left>[<EM>$25,000 escalated by the CPI would be well over $500,000
today. I don't think the Norfolk and Southern ever came "...to control
vast railroad holdings."</EM>]</DIV>
<DIV align=left> </DIV>
<DIV align=left><FONT face=Script size=6>Gordon
Hamilton</FONT></DIV></BODY></HTML>