Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1831-10-13
DOvH ElSTEG.
From tn: Lynchburg Virginian Of Oct. 8.
THE Rail, ROAD
Oct. 4, 1891

From tn: Lynchburg Virginian Of Oct. O.
THE RAIL ROAD.
In our last paper published tho lucid and flat
tering Report of tho State Engineer, (Mr. Crozct,
Rail Road from Iynchburg to New River and of
the moral certainty based on scientific calculations,
that its stock will be immensely proiitable,-Com-
inent from would be superiiuous, and perhaps
iicsumptuOus. We shall therefore make nome
We would, however, ask the attention of the pub
lie TO the subjoincd Address of the Board of Com
with the siuglc rcmark, that great
terprizes never have been, and never will be CT
tected, but by eScrtlons corresponding with their
magnitude. Let not be deferred b. the extent
of the scheme, by the immense at which
tho cost of its execution as estimated, from cOntri-
biting each his mite, however small. The
scheme has not met with thousandth part of
the ridicue and opposition that was provoked by
tho suggestion OF a Canal TO connect the Atlantic
18th the I.akeS,-a project which even Mr.. Jciicr-
pronounced to be halfa century in advance of
the SCIENCE and means of the 7gc-yct, in few
brief years that lcorK ,ra5 done, and is now pour
ing annually rich tide into the treasury of the
State. Let us act with the same energy and eff
tcicncy; and this arOrk Too ,oW be accomplished.
ADDRESS OF THE BOARD AT LYNCH
BURG.
AS the route of the proposed rail road fron,
Lynchhurg to New river Upper kanawha) crossed
the Blue ridge and Allegheny, it was deemed advi-
sable TO postpone opening books of subscription
until ITS practcabIllty demonstrated by an ac-
tual survey; and estimate made by Il ski.fll and
experienced Engineer of its probable cost Those
duties have been performed; and the Board of Com
mssioncrs at I.ynchburg, have the satisfaction OF
presenting herewith a copy OF She Tn gneer'S
report: they have also appointed Tuesday, the first
day Of Move next for opening books of subscrip-
zion III this Town.
The public is already apprzcd that il will belong
to the company mot 10 tho Boards of Commission
crs) to mai its selection of the routo or which
the rail road shall be located and adept its own
plan OF construction, The routes notGoed in the
above report are four in number; ami the plan on
which the estimate is based, is graduation for loco
motives, single track at present, including prcpa-
ration for another track, SC. sc.
Whilst the Board believes chat the limited time
allowed the Principal Engineer and his assistants
for this exploration has been empoved bv them faith
fully and ably they doubt that more full and
minute surveys will lead to u considerable rcduc.
ton of the difficulties and 10 the development of
facilities and advantages of construction here
totore believed % exist.
The terms of the Charter arc in n spirit Of Iibe
rality becoming the projection of an Improvement
lmportamt in itself but greatly so az Il link in
cham connecting the trade of Chesapeake Bay
with the Ohio river, and with steamboat navigation
Oh the Tennessee. The charter is not limited as
to time; the grant is perpetual The tolls are liberal
to excess being eight cents per ton per mile on all
transportation, and five per mile for passen-
gers; rates winch the company viii, without doubt,
voluntarily diminish, but which furnish an assul-
rance that Investments in it's stock will be bot h
sltc and profitable. The company may have one
more tracks; and may select it's own route the
Eastern termination being James river lynch
burg aud the Western at any point New River.
Various estimates of the amount CT transporta
ton have been laid before the Community; esti
mates prepared with great care and with much
apparent cnndour. The lowest estimate of the
amount on this railway, suppOsing no other con-
meeting Improvement to be made is forty thou
sand tons annually; but the Board will not venture
az estimate o:ls annual in the event
of3ts cXtent'oR to ntcrscct with steamboat nawga-
ton on Tennessee river, and ITS connection W. tin
DINO river by means OF great and upper Kanawha
The material distractions to the navirafons of IA
nawia are (near the mouth Of Gauley) common to
the COvington and Grccnbrcr route IS we'll rs
TO this: if removed for one the other will nartci
pate i'll the benefits.
The capital authorised by tho Charter TO be rais
ed IN the first instance, is six lA,ndrcd thousand
dollars, IN six thousand shares Of one hundred dol
lars each; but the company, after tho organizations
may increase ats capital twelve tkoncand shares
of one hundred dollars ZACH. In the event fsucI,
increase the privilege Of subscribing for srch addi-
uoHa shares is granted to the stock holderr and if
either at the first second opening of books of
subscription, more shares are subscribed for than
are authorised to be taken, the commissi oncrs arc
10 reduce fhcr7 prOportIonably. Two dollars on
each share taken, and part thereof, are TO be paid
To- The commissioners at the place of substitution:
INC balance to be paid ~ such instalmcnts and
ut such times as the President and Directors Of
the company may require. 1t appears probable
That the first iustalment, of five or ten dollars on
each share, viii be called for in April, NV, or
June next; and another such instnmert ii, the fall
OF the yenr. In the beginning of 1888 the work
may progress more rapidly, as the requisite surveys
ana locations may have been completed
IA Conclusion the BOa;d will t.ma.k that this ,rr,o,.c
now submitted To the rub'rrhat depends for success
"n mhv'd""I SSi'scrp'I"us-t !Iat, vhilsl il IS uoto-
nous hdt infrrar=c surplus prIsl ~ hc Northern cite
rs seeHS vess"cn ~ sock Is; raj road stock cspe
cayJU would I've Lnt''e cly on ohrrs dsiu7 for ,,s
"1at we i'I10 30 ourselves that our local know, l.J,
enables us ~ perceive the advantages of investments II,
h's Si0ckj nt the tIrdy confidence ~ cautious s,rr,e.
'n"'I he SfHduaby won by successive G"vclopmenfs-
mai mo orr Stale does contain an equal number OF
large capitalists with Northern sisters vet the same
resi-" may "c obtained Try each Individual conrJutino
according 10 hrs mrausihat scheme promising p,csfer
d'an'asrs 10 thu 60 immunity, safer AID more pr,G,l-
DC Investments can hardly iulasiucd- that IL is vain
10 look Tor The Accomplishment of the whole line NJ i'm
'iovrmen's, II this ore link ,ra1r-and ,,ai tine
people of Virginia will con rnt themselves u, ,b eff
n.na,e p'n"gS and ab0hfre efforts whilst ti,. ciz ms
" DINER states, less favourcf Ivy nature g atri,.no
'"d have attained, condition Of unparalleled prosperity
'"saWrd auu extended by each successive work
by order OF tire Board
VIZ. VI. RvEs, Scycluy