Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1852-12-14
fGr5m the American Railroad Jonraal1

l-fScHsUaG, nov, ISL. 1852
faAR S!g: You have requested va, pr!. i.
" ic condition o Tie Virginia end Tcnrcss*c Rail Road
Company and other matters concerning tic value OF their
road
Inc present capital uf the Curnpany is s3 GOO 600 o.
wrca he State rak.s r c-fi,hs being ihrca :os for
cS.fy ,w" aScn by individual Stockholders and
nnl. $I5, ,OUU wanted 70 cunpiete cslal E:,a rl ne
css:'y !" complete a"d equip ,c road is $500 Goo and
'e cAec,S 35n"a tie capul is 20 ee poydeG ior as fol-
i1.s
II. StarIho!rrs at ;hcir rscsnt annual meeting au,
lZ" Tie Eye III Directors 10 iasue per c-ct. CGapDn
B@Gs, e !e;ntl= ! twty years, III: interest be paid
N NcS ln, aid tie principal payable 10 LyncuDug. 20
se3ue tiu pQctia j 'i III nrnepa nd interest CT
~! Bends !ssGci under this auhoTy, The stockholders
have agrecd Ia nnrgngc lie ca road and prcp,r, o. the
Company consisting OF 81 sou u00 and the rel uiIs Of
INC ctgci p.y n,n Of The six DC; cent in
ieiest, and FOR laying aside per deb,
s'"in@ und he Board oil Directors have also rn- power
To n<c !i'rse bos convertible into stock within limited
period Aeaiy have made with fespon sibe
parties Tor completing the entire graduation Of the road lay
n lie sG?cslrnctTre and furnishing cars whic! are
deemed necessary In addition 10 those already and
oracTtd. These amount TO hall million Of dol
dia aud ar payable in the above mentioned bonds al fair
casa prices the same pceR heretofore paid in cash to The
same rarue there nov nothing wanted Ia complete and
equip the road fully but l3 0U0 tons ci iron rails
To purchase these application vii! Dc made 10 the Lcuis
Iaurc 10 lGn III" Company 81 100000 aud there every
reason IL ite confident OF THE being done am
pie security will bc gwen 10 ensure t. State
against all possibility Of loss This WILL together VIII, the
contracts already nientioned) make The 81 100000 loan
authurizej by the Stockholders
Though II crosses The Blue Ridge and Ai2any Mountains
Is m1re direct with few exceptpns) any
III ne Union II only iwenty-nne miles I1nger
ar hne, being loss Of distance Of only IA 2I00s per
cent.
There are 10 5S oOrhs miles of straight line and there
ere 63 50 lUUs Incs o curvature OF large rud:ever less
thsn 1857 iret-hcre ia very Objectionable curvature on
HE ROAD. The maximum gues but 60 feet per mile as
the direction the heaviest louaage and 5 rrel
per mile. descending in that direction
All The hel,y work is finished. The grading OF The frs,
~ miles completed, The 63 miles four lis
ol the graiiHg ia rne. In few months the entire road.
bed vi" br ready 10 receive the supestTuctrrr !r
", tiicvi" !35 miles from LynchbUrg. Much work has
L"en done beyond "yhcyle and he whole is under
If iron, which is wanted, be purchased
at once SO that Tho delivery may commence in Mach there
vii he M difficulty in putting the whole road 10 operation
Ia WyhetilIe in all of 1883 nnt South Weslern Ter
minus in ali of 1854 Tue purchased only sut
Ecen complete 73 miles.
The supersrnctu:c is laid and the running
5ss mills and the road will he opened Salem 81 miles On
thr ION day of December
The supersucurc consists Of r5i OF 90 lbs yard
d the very best white OAK post OAK c7rnut locust
rirs nine fee lung averaging by 6 inches and
piaCrh 2H feet apart from centre 10
The entire road through country Of unexamplcd
fertility, aF1 the climate as well as The SOIL is admirably
adaped raising live stoc and the growth Of Yhc:
ara tobacco Indeed part OF the Union is capable
Of producing greater variety OF crops. Iron of suPe
rsor qnal y, coal and lend are found on the line.
The iron ore particularly is very abundant and there are
found cxhaus5le deposits Of salt and gypsum of unusua
rmry The productions OF the sVl and the mineral protuc
ipnc alon. the line OF the i'd would OF themselves make
stuck valIAce Bat there is under c0nst:uc"n
.inc of rail r0ai leading 10 Memphis, which with Lac Yirg
nl aDd Tennessee road vi! nrtn part o. lie puas
Ole nr between Ls! city and New ork. Froa The
nnF Toa on the Tennessee iue 10 Memphis is sos
uicsir't the East Tennessee and Virginia rotd l30
jGrs k3ryvr - he construction pi which the State
contributed 81 20G0O the last sessirn o its Legislature
j. no" nrdcF rapid progress Tnen the Georgia and Eas
Tennessee "i road in actual operation with .he
C, ptlon OF 26 niles Knoxville, and is under
con -ac;.
The lne aemohis will eighyhve miles this road
Cleveland, where is contemplated to leave this road and
direct 10 Chattanooga, thirty miles. The plan saves
toy miles the travelled, by Dalton 10 Cha
l&oEa portions o the Georgia und Lust TENNESSEE
md r Western and Aunc rail roads, in uct"a operation
Next tie Nashville and Chattanooga road forty nj.
OF :. a:c lie in the linz 10 Memphis. This forty miles
der cIntlct nui nearly completed. Then comes lie
rh's and CiI &C = = ''"'"'".' : 80
under cm