Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1856-02-25
Deduct this sum, which was re-
ceiyed from Barring, Brothers
& Co, on the sale of 9l00, 900
sterling bonds on the rate of
81 per 100,
935 %
s97O.5os Os

NnTE CA.) To secure this sum- in addition to
what will be receiveClout of the assets of the
late firm of Sclden, Withers & Co., the Board of
Public Works have had conveyed to them in
trust for the State, large amount of valuable
real estate, belonging to Mr.. Withers, located in
Virginia, Alexandria and st. Louis, Missouri;
and, also, as collateral security, bonds of the
Chesapcakeand Ohio Canal, amounting to $245,
so Is, which belonged to the late firm.
NorE (B.) To secure this sum, there are SILL
900 of per cent Cincinnati and Hillsboro Rail
road bonds in the Bank of the Republic subject
to the order u the Board of Public Works-this
is considered good--thc interest has been drawn
regularly and placed in the treasury.
NOTE Co These bonds were deposited in the
Bank of the Republic in conformity with the
contract of john Thompson heretofore reported
to the Legislature by the Board of Public Works
NeTE.(D) This is the balance due the State
upon the 100000 sterling bonds in hands of
j. T. Soutter upon which he has advanced
800, 600
THE SoRTIIwEsTERS RAILROAD.
The special order which was the bill repeating
the restrictions now imposed upon the North
western Railroad Company was taken up.
The pending question was upon the amend
mcnt submitted by Mr. PAUL to the bill as amend
ed by the adoption of Mr.. Brannon's substitute
published few DAYS ago. 1t provided that as
a condition Of the removal of the restrictions the
Baltimore and Ohio Railroad Company should
redeem the bonds amounting to $500, 900 issu-
ed by the city of Wheeling to meet It's corporate
subscription to the capital stock of said com
pauy,
Mr.. Burnwell of Bedford proposed, as sub
stitute for this amendment, a proviSo, requiring
the Northwestern Railroad Company to guaran-
tee TO the city Of Wheeling, the semi-annual
payment of dividends on the amount of its sub
scriptions to the Baltimore and Ohio Railroad
Company, at a rate of not less than six per cent
per annuu, from and after Ist of July, 1855,
and until the Baltimore and Ohio Railroad Com
pany shall have prepared the earth work (expect
e,llarging the tunnelS) and masonry necessary
for LAYING double track from Cumberland to
Wheeling. The company is also rleeived from
the requirement. TO erect any double bridges, or
other pcriShable structure, until IN the opinion
of the company, itshall be necessary.
The merits of the amendments were discus
sed by NIcsSrs. PAUL, Burweil OF Bedford, Bore
man, Holiday, and others.
The vote upon Mr.. BurwelfS amendment was
then put, and it was agreed to-ayeS SO, noes
81
Mr.. lliett submitted aproyiso prescribing, as
further condition of the removal of the saidreS-
trietions upon tine North Western Railroad Gom-
papv. that the Baltimore and Ohio Railroad Com
pany should agree to take passengers and freight
in beth directions, between Harper Ferry and
the Ohio river, and at the same rates per mile
as would be charged on the same going they whole
distance between Baltimore and the Ohio river,
&c.
This amen,lmentwasre icetets-ayes g, noes 81