Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1833-05-11
CHESAPEAKE AND OHIO CANAL AND
BALTIMORE AND OHIO RAIL ROAD.
A Compromise effected.

II
On the 9TH inst at the City Hall, in Washing
ton, General Meeting was opened Of the Stock
holders of the Chesapeake and Ohio Canal Com
pany, according to legal notice; when the follow
ing important Report was presented BY the Ere
.ident Of the Company:
To the Stockholders of the Chesapeake and ono
Canal Company IN General Meef'aS.
The President and Directors beg leave respect
fully to submit, along with copy OF the nc. o.
the General Assembly Of Maryland 10 pursua".e |
,g which the present general meeting mas oeeh
on,xensd. a report. approved By them, of com
,.,;,,ss of their Board appointed to confer with
.omm ,,se Of the Board OF Directors OF the bal
,,no,e and Ohio Rail Road Company. i
r. order and on behalf Of, the President and
Directors. ". :. ,-r-I
CIV, OrsIcE WASHINGTON, May Z, 1883.
The committee appointed, by the order OF the
Rourd Of the 9th Of Apriilast, to confer with
c,mmit,ee OF the Board Of Directors OF the Bal
tmore and Ohio Rail Ruad Company, have per-
formed that duty; aud after several conferences
with that committee, as well 10 " ash'ngton AZ
ON the line OF the canal. and IN the cry OF pau"
more. beg leave to recommend to the President
in lien Of the LIST section Of the act OF the Gene
raj Assembly Of Maryland, entitled g An Act
n nroyide for the continuation Of the Baltimore
and Ohio Rail Road to Harper's FERRY, and Tor
other purposes,'' and Of sondry conditions
contained in the said act; which. in all other re-
spects. except the modi6c alton thereof, contain
ed in the annexed terms, IS left unchanged.
The committee deem it unnecessary, ii not in.
expedent, TO enter into narrative OF the various
o,,,;ons expressed by themselves or the commit
tee of the Rail Road company in the progress OF
their negotiation; but avail themselves OF this
occasion. TO do Justice to the candor which mark
ed the course of the committee of the Rail Road
Company, and to express hope, which the as
surances Of those gentlemen, composing that
committee, tended to confirm, that, it the pro.
posed arrangement shall meet the appreciation oil
both companies, the harmony, which 1t is SO de-
sirable to establish and preserve in their future
progress will be restored to their mutual benefit.
C. F. MERCER,
w. GUNTON,
w SMITH.
The Chesapeake aud Ohio Canal Company,
and the Baltimore aud Ohio Railroad Company,
ms their respective committees, covenant aod
asree to the following terms "f compromise SUB
isct to confirmation or rejection by their res
pective companies:
st To accept the act Of the General Assem-
hlv of MARYLAND entitled - An act to provide
for the continuation Of the Baltimore and Ohio
Raj, Road 10 Harper's Ferry, and for other pur.
noses >, yi,hiu the time limited by the said act
for the acce ptance thereof by both companies, so
as To secure to each ITS intended benefits And
as the purpose which the Legislature of Mary
land had in view in passing the same, will be
more effsctually attained by a modification Of
some Of It's conditions, the said companies mutu-
slly and recip rocally covenant and agree, In the
event Of such acceptance by both, faithfully to
fulfil the conditions hereinafter inserted Tor their
common benefit, and so far to modify those
stipulated in Their behalf By the act aforesaid,
viz:
in consideration OF the damage that may be done
To the Canal, and Of the interruption hazard to
which its navigation will be navoidably exposed
in the constructioniof the Rail Road along the
margin thereof, bind themselves 20 pay to the
Chesapeake and Ohio Canal Company, for gra-
ding the four miles and one tenth of the Road be-
tneen Harpsr's Ferry ADD the Point Of Rocks,
hereinafter described, the sum Of two hundred
and sixty thousand dollars. The said four miles
and one tenth part IL the Road shall consist OF a
space To be laid of between the entrance of the
bridge at Harper's Ferry and point two miles
therefrom, according to the location OF the said
Road, which point will be below Millar's Mar.
rows: Of one mile and one twentieth, extending
from point opposite to the door OF the chief
public house. at the Point Of Rocks, up the
valley Of the Potomac, comprehend'ng the Low
rr Point Of Rocks; aud OF one other mile aud
one twentieth, extending above and below the
upper Point Of Rocks, as to comprehend the
same; embracing all that part Of the canal border
at those places in which an interference exists
between the location of Canal and Rail Road.
In making as well as locating the said Road, the
Chesapeake and Ohio Canal Company shall act
in conformity with their own judgment, subject
10 the conditions, as to the curvature, incli-
nation Of surface, and the breadth of the said
Road, which the act Of the General As.
sembiy Of Maryland preseribes. except that
40 much of the said Road as is expected to
be hereafter common to the Frederick and Har.
PERI Ferry Turnpike Company and the Rail
Road Company. shall be Of the breadth. at the
surface, of not less than thirty feet. instead Of
twenty, for the better accommodation Of both
these Companies -.
Should the Cana! Company prefer it, they may