Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1845-05-06
CHESAPEAKE AND ONO cANAL-

49, AAn AN NlANV Nm L.
We have received a copy of the Proceeding of
tn general meeting Of the ,iockhoid,rs of the
Chesapeake and Ohio Canal Company. which
vas held az Frederick. Ma. on Tuesday last.
The following Stockholders were duly aud
REGULARLY represented AT this meeting viz
ia tHiicd Sfdt,s.-By Col. J.. ]. Abcrt.
The Siafce MaTtaHd.-By Governor Sa-
muel Sprigg. Allen H. Davis. John Van Lear.
and VIM T. Gold-horough. E-ls. .Statcagcnts.
The Si0ief Iurgiaid.-By James l..
Rnu~on E~q.
The Corporation If Washirrion-B, w.
W ScatOn amt Levi J~uhnsuu. EsIs.
The COrpdrufiOH II GcaTrsfouH.-By VIM.
5. Nichols, Samuel NJ henney, and Evan Ly-
son. Esq.
The Corporation Of IIsrandria.-By Phi
meas %J0nncy, Robert H. Miller. ami wm.
Fowle- E~qs.
In addition 10 the ahoyc, there were several
individual stockholders represented los Proxy.
and numerous sto,kholdsrs persOuall, present:
in all, constituting tn representation oi a
large majority of thc stock "a said rompanv.
The acts passed by the legislature ri Mary.
land ior the completion OF thc canal were un-
animously accepted, with two other nets rrla-
tive To the Cnnal ui the Legislature of Mary-
land and the Congress ofthc United States.
a report of the stakeholder by the president
and directors Was also presented from which
we make the following extmctS-
Whether, hOwcNcr, thc work D. complrtrl
10y contractors who can command the means
and will receive the bonds Ia Iavtucnt. ga
whether the board arr Gpt To mi-s thc money
of the bonds from capitalists and pay ior
the work IN cash, II l. very manifest that fhc
security giuoH tciI De- 50 aJHRIunf a. 10 rrHdfr
the iHuostmoHt one Of the bcst Of trhich ws haus
any knowledge. By force of tho law aud IL.
acceptance by this company, the bonds will be
preferred, and obsoluto statutory hons on the
entire revenues of the company. fortified b,
guarantees ol an annual tonnage Cor the first
five years greatly more than l. necessary "a
yield a sum sufficient tn pay the interest ana
the annual appropriation to the sinking fund
provided by the act.
The CGndi.-The Chesapeake and Ohio
Canal, with the terminus at present contcm.
plated, extends from Georgetown. in the Dis.
triCt of Columbia, to the town of Cumberland
in Allegheny county, Maryland, a distance o
1912 miles. About five miles of the canal j.
within the District, the entire residue of th1
line Is within the State of Maryland. OF ia,
entire line 1914 miles, extending from Geor
getown to Dam No. 6, are finished and navig
able, and the trade thereon is steadily inCreas.
ing. ThiTty-one and seven-tenths of the yor
on the remaining fifty miles have already beer
executed, at a cost of s., S72, 900, and Their
y only remains eighteen and threc-tenths mile.
and work to be done To complete the cana
i OF the PotoiGh navigation from the tide-watc
/ required To finish cumberland. The amour
uehIh miles, according to ahtteen and three
: nidue Dy The Ohicf Engineer i'm iSfSIlmat
I 2l'oio,UOO. That estimate WAS ""
ierehce TO the cost ofthe work which LaJh
uoIr' AT d tme when provisions 49, Liei
anu LABOR scarce. Now, however 80, .S'
are low and labor is abundant. and ,bai"o5
'@u'dSes must necessarily enure 10 the honaG,
Oh llle company. Doheh'
cD.me"S'o"S and COst.-The deDth of ,ho
chesapeake and Ohio Canal is six feet tbrnuoh
c., u us transverse sections vary. Fr9ro
Scto"h TO ffarper's Ferry, a distance 81
40 tso, -, II rs oo ieet wide at the top. and
to Dan, NJ ne uotIom. From Harper's Ferry
e. lam no. D, az miles,) the ton wid1b ;sf6
i9ct and bottom width 81 feet. Frona R soo
49, itohi lam
basin OF the canal at Cumberland is 600 fee,
above the level of tide water at Georgetown
rms ascent is overcome by one tide and seven
ty-hNe MT locks, averaging about eight feet
MT Inc locks, so lar as the work has been
h'isheo' are constructed in the most durable
manner Oh soiid masonry, and each has a
ciiainDef oi one hundred feet long and fifteen
leet VIDE In the clear. They are constructed
with a view to a double lockage. whenever
the exigencies of the company NAV reonire IL.
but, as we shall presently show. the canacity
oil the canal, with single locks, as at present
Is i9ii!y equal to the accommodation OF a trade
suiilclent to crafty the most extrayapant desi-
res Oh It's supporters. The sheer cost Of the
canal up to this time is as follows.-
FOR the acquisition of lands, s1O2 Ola OF
For the engineer department, 35S,95I 0i
For construction, ono D 70
ms ---