Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1831-05-16

terrs'ine ia three different direction. IN. s,s.,
, coal fields m this part Of the country alec ~
flrdng cheap and eonvcnipn, scc.s. 10 IN.
manufacturing Districts Of iIadley, Wsst
Houebion, Chowbant, Tiidsico. aud I.;ah
Before leaving this branch OF The ..h; a.
Directors ~iii advert TO the system III msoa..
ment IN which IL has hitherto BEEN de.uad >.
pedient 10 conduct the business Of tho fo,,,,.s
II was the wish ofthe Directors 10 The su,.,,,.,
OF hat year, 10 make such an atrangetn m, 40 ~,
one Of the Garry ing Companies on the Old
River Navigation rs would have induced II ~
transfer part nj lens, Of IL, Carrying Estah.
l'shmeni to the Railway altar repeated in,er.
views and DISCUSSIONS, the Company sliuae.
TO demanded rs their share ofthe cbsrg. \.
the public, In order Ia dcfray The expenses oe
their Establishment al Liverpool and MnoeL,s
! Ter D. out OF every l0'. per ton, Will. for In,
remaining b.. the Railway Company .ers a.
grant The use OF the Railway, To pro,Ide Io..
motive Engines. Moving Power for The T.a.
mel Incued Plane. Wagons Tor thu G,ods
Goards on The Roads. aud every other cou,inf
geni expense Such al esuavagant dema.a
from Company having experience in the Car
ryiag bnslness aud one, whose direct mud ev,.-
dent policy II wa 10 establish itself ON ,h.
Hallway, afforded little encouragement 10 ,eI~
on The c,.opera,ion OF any of The eaisi,ng Co.
oorns. the Directors, therefore, saw The o,.-
ces.s,y Of being themselves (in lha era, n
stance, at Iessi) Carriers, as we'll Of Reee;ve,,
Of Toll on the Railway. They aceordinsi.
provided n Carrying Establishment, on a Gmj.
ted scale, at rann cnd ot the Line , by mennv
(which they have brought the RAILWAY ,n,,.
Immediate useful and probable opsra,,oo' T.,
the 1fartting Department ihs osce.si,v we.
sull more npparent, foi the Company 10 az,
blsh their own vehicles, subject 10 their a,oa
arrangements. Aud while their success, l.,
the conveyance both Of merchandise enJ ,..
srngais. has fully justified the principle and
plans which they havs adopted Ono Directo,,
trust, with 10 less advantage TO the o,bl;c
than 10 The Compauy,) itdeos 40, proven, a,v
arrangement being mad either with lnJ,ns,.
goat carihrs or With coach pfoprieiors should
the accommodation OF the public or the in,.,
e''s o' the concern require thu adoption of
such course oi proceeding.
n MAJ be expected that nfier a winter a,
more than ordinary severity, both from suo,v
and lrost, some notice should be taken ~.
interruptions 10 tbs traffic on the R,iIw..
which, 10 a CERTAIN extent must unfayorald.'
nave heeh oeeasioned. Tho statement viii be
ve'y sai'slnctary. On no one day wa. ,l,e
trains OF goods prevented passiae bn,weeo, ho
Nv" 'oNn'~-on 40 nne day was the nnmbsr or
trips performed Ivy tie coach trans din, iuished
- some delay, ~ poiDi Of time, was certainiv
xnenenced, but the extent OF he evil anona,
~ TO ihis--ihai on Two or iAfee occasions lie
Halfway coaches were as long on the ropd az
The stage coaehes were accustomed 10 be- in
Their ordinary course oi iIayeiiiDg
Bp no statement OF sccouIts . hicb win H.
rnbmiiied TO the meeting, The proprleiors vii
Observe that the expenditure tovn, ia ibe com.
pleton oiihe works Inns cons lderably exceeded
The authorizations OF this time last wear. Tn.
SUN anthorizsd To b. borrowed, under ihe ar,
sinai ac' oil Parliament, hns been rnised and
espended, making the amount Of orip insl eani-
tai and of sums borrowed, which the pronri,A
tors wiz have authority, by the new bill nov
before fsriiainent. 10 Incorporate, by N, err
"''on oil new shares, Is66,Ud0 aud from tho
present prospect u large increase Of business
nc Directors are IL opinion II W w probable he
found erpcd,ent TO extend sofy materialiy tie
carrying Establishment, in Engines, Wagon,
a. Warehouses, 10 order thai the co,nps,,y NAV
reap the foil benefit OF that vast iraniD wbieI
Tho Increasing trade OF the town, aud the rs
cena'ned capabiliy ofthe Railway, will place
NJ the disposal.
by an inspection Of thu balance sheet OF The
Company y Accounts up 10 Ihs 3la Of Drcs,n.
Dor last, the proprieiors will perceive the n
mount OF prof derived from the working ~
the Railway. from the 10Th September 10 lint
date a"d tue Directors have great Satisfaction
10 being enabled 10 Recommend 10 The Propri..y
tors n dividend OF CT. per Share, chare cable N,
the net, profits OF tbs concero,'o the end OF Last
} ear. lbs gratifying 10 the Directors 10 be
able to annnounee 50 prompt q return ON the
Capital subscribed, and they have full confin
denee in regarding this first dividend as n
earnes, OF that permanent aud substantial pros
perty, which u will be the duly aud pIossufe
OF successive Directors, at future An.isaf Meet
.Dgs, to record.
Before concluding their Report, tho Direc-
Tors cannot refrain IRON expressing 10 the Pro-
pr'eiors their ackoowIedg meois, Tor the uni
iorn confidence which they have e1pe,ien M
Their hands. IN their expenditure Of so large
Capital, aud IN tho exercise Of ibe discre--
uonary mower with which .ae, have been IN
vested, they have had occasion Tor thai can-
did and liberal consideration which the Pro-
prft'ors have uniformly shown, The under
taking iDirused 10 their charge Is now fairly
launched into operation aud the Pfoprietos.
under whose sanction the work has been car.
red on, v III have the satisfaction of rejecting
That the result has been endrely sdyantageous
10 bihemselveJ AS individuals, and gteuIly s,,'
~ tbs coun ~ at Large.
CHARLES LAWRENCE
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