Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1853-01-14

could be found in country for lis successful To-
cation and construction, and the American ! ngl-
neer, Mr.. Benjamin II, Latrobe, native OF Balu
more, who is now present, under whose SuPerln
tendence these anticipations have been realized.
Having completed the reconnaissance and sur
veys necessary, and ascerLained the practcaolllty
ofthe undertaking, the Board proceeded to deter
mine on It's location far to the Point OF Rocks
on the Potomac River, at which place they wer'
stopped for several years by an Injunction obtain
/ ed by the President and Directors OF the Chesa
peake and Ohio Canal Company.
The graduation ofthe Road was commenced OIL
the 4th of July, 1886, when the corner stone was
laid on the southwestern li!e Of the city by tue
venerable Charles Carroll, of Carollton, then over
ninety years ofage. After he had performed this
service, addressing inselftc on: OF his friends he
said, al consider this among the most important
acts of myli second only 10 my signing the Dec
laration of Independence, If evenitbe second toI
t ,t,' and to the end of his tehe continued firm
unwaYeung friend of the work, ready at all times,
upon every emergency to sustainit
From this time the work proceeded with great
energy aud industry. Itwns, respecting our
country, untried undertaking, and many diff
cuIties soon began 10 oppose its progress. Before
we had passed four miles from the city we encoun-
tered high dividing ridge; which required to be
cut down ffty-four feet through haId indurated
clay, anI involved an expense far beyond The es-
Inmates furnished by our Engineers. The funds
provided forts execution, consequently " hol
ly inadequate, and the further progress of the work
was about to be suspended, at amomeht when such
| a measure would have been fatal tOlt. TO avoid
such calamity ten of the Directors offered to ad-
NDN.- 4, tN.,t all ybI n IA
met the difficulty and the Road was completed to
the Point of Rocks.
Arrested by an Injunction al point where the
Road could not be approached or have any COM
munication beyond its actual termination, the d.
rectors perceived the necessity in order 10 prevent
the discouragementS that might follow, TO open a
Branch Railway between Baltimore and tile city OF
Washington, which would form connecting link
in the gle at line OF uavel between the Eastern and
Southern Stntes, and afford practical demonstrn-
ton of the system and its profits. A charter was
therefore obtained for thntwork, and it was as ear
~ as possible put under construction.
The funds for the making of this Branch Road
were obtained, first by an advance on the part o.
the State OF its stock to the amount of 100000
bearing an interest of per cent, aud BY authorI
zing the Company borrow one million of dollHr:
making 81 10000 estimated 10 be sufficient Io
the purpose.
The State stock was readily disposed OF at pal
but when it, Lecame necessary TO negotiate tn,
million Loaf, the condition of the money marke
had greatly changed, aud it was found not prNcti
cable to dispose OF it. except at discount. Ii
this emergency, the President and some of the D
rectors came forward and took the whole amour
Mt par, AMI the matterwa closed without furthe
publicity. Five HUNDRED thousand dollars wen
sent to Brown, Shepey * Co., to Liverpool, ant
were the first Railroad securities sent from this sid
ofthe water to Europe.
Mr.. Thomas having been the President of The
Company from the commencement Of the unGerta
king up 10 the Both of June, 1885, deem 1t due Il
him to advert to the following circumstance. Il
have already Lere stated, Mr. Thomas and my
self, were the onginaters of this work. Like al
public bene(actors, he has been much CenSuret
some or his acts and especially in reference t,
the location of the road along the valley ofihe Pa
tapsco. But associated with him as was, most in
tmately, during the ten years he presided so abb!
over this ardnous undertaking, and sensible ofthe
great personal sacrifices he made, can solemn!
declare, that n more faithful, devoted, and uprigh
person, never discharged publicruSt He eSer
That matter was committed 10 a Board of Eugi-
neers, and waa decided on b! the whole Board o
Directors. And as further tribute TO his worth,
will here read this assembled multitude, tie pro-
ceedngs ofthe Board of Directors upon his resg
natiOn r, .s5 ..
OFFICE OF THE BAIT. AND Ono r. R. Co.
80 June, 1886.
AT a meeting this day, the following probe cd
ings were had:
Joseph w. Patterson, Esq, was appointed Pres
dent pro TEN. When the Committee appointed or
the 9TH irsl., TO confer with Philip E. Thomas
Esq, in regard TO his resignation the Presidency
ofthis company, rendered by linn to the Board OF
that date, reported verbally, that they had hel
eraI interviews with Mr.. Thomas OH the :uLject
lind that it had continued, against their rrmUn.
strances. to be his earnest wish 10 withdraw from
his actual situation: tIatthe Board were aware tina
such had been his desire for ling time past and
that he had uIly been prevented from taking the
step sooner in condtscention 10 tie wishes of the
Board. The Committee reluctantly, and with re-
greet, were obligedto add, that in consideration OF
the impaired condition of Mr.. Thomas heal:e, they
belieyeit indispensable to its restoration, and &c
his fort, that he should be relieved from the
confinement and labOur incident TO the discharge
Oft the duties ofthe Office which has been so ably
filled by him. 81.
whereupon, OH motion of Mr.. Hawkins, it was
Resolved, That This Board accept the resignation
ofP. E. Thomas, Esq, of the Presidency of this
/, Company, with deep and profound regret.
On motion Of Mr.. Brown, seconded by Mr.. Nc
Kim, the following Resolutions were unanimously
adopted. viz: Res,Ived That the most unfeigned
and cordial thanks of this Boaru are due to Mr..
Thomas for the long, failfuland valuable services
rendered BY him TO this Company services which
non. but those associated with him in the prosecu-
ten OF this most arduous work, capable Of
appreciating. and rendered at expenSeof private
Interest which it isdifcult to calculate, but which
.t I,a. ,,oiI IN sr.,oo1 hv tJis community "a nd