Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1858-03-12
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GrsTLEnES Permit me, through the col.
umni Of your valuable paper. to call the At.
tsntion u the Stockholders Of the llsnpHsld
Railroad Company, 10 the management o.
rather acknowledgement Of their affairs by the
present Board u Director, well remember
that previous 70 their election, they (the present
Bard took zone pains u obtain I'll the pFoIies
FROM the Stakeholder u this cts and county
In order N insure their election. For the lie
Of ne, cannot see Why they id "; what Oh.
Jet they eoud have had, unless Il vas i0F the
purpose n throwing Obstacles IN tho Ray oG
putting the road in successful operation. 1t
NAS thought at the tinc the stock Was sub.
scFibed, that there vas = sufficient am0uBt to
complies the road 10 0Fcensbars ! bclieteths
original amount VI stock N Subscribed WAS
nearly two millions u dollars, and yet the road
I u not, We may say, completed to Washington,
and Notwithstanding the TACT, too, that 10 add.
ton " ell this, nearly or quite one hundred
thousand dollars Of first mortgage bonds have
been used Notwithstanding all this money
has gone ~ ths road, va hear daily complaints
J from tho many creditors u the road that large
amounts arr due them for work and services
rendered % the road, and when VIC ask Tor light
On the suhJect-a repuft-a clearing up Of the
whole matter, no light Is afforded us ! no.
lIcs1 Rn- article in the Wheeling Times Of the
18th, making demand upon the Directors Tor
an expose Of their doings, but as yet, they
have either neglected OF ignored the Te.
I quest II seems ~ me that when any
U a.. ..1... r.
Il is Tor the purpose o. having them manage
their slairs In such q way as that they cal, at
stated times render a satisfactory account VI tho
trust coniided ~ their care. think il will Ap.
pear evident 10 any business man that the
present board Of Directors hold themselves con.
.iderably above CAESARS wife, In that they seem
10 consider their management entirely beyond
suspicion Whatever may DO their own opinion
on this subject, however, must DO allowed TO
undrceiyo them ny to the opinion Of tho public,
Tor there is daily and Nid0 spread belief eI.
pressed that they have got matters In such q
snar that they do not understand them them.
selves, lnAsnuch as they have spent the funds
OF the Company so very literally in many 9th.
or Ways lis thought that it would not be greatly
amiSs II they would appropriate a small amount
towards procuring competent assistance, il they
arc themselves unable 10 make a report was
informed that some time ago they did attempt
some Kind Of report, but that one Of the Iii.
rectors not lancying it, he took the liberty Of
putting it in his own pocket Ho evidently be.
lieved that no sort Of a report was preferable to
some sort Of report, and perhaps he was right.
What aud 4 great many others would like
to see now, is IA call for \ meeting OF tho Stock.
holders to take into consideration the propriety
Of appointing committee who shall examine
the whole affairs Of the Company, and furnish
complete and thorough expose Of all the dc.
tails Of what has been done since the first pro.
lection Of the road, | have reasons to believe
that II the Stockholders wait on the snail paced
movements Of the present Board Of Directors,
the present generation will have passed away
first Judging from the past, they must DO
either incapable or unworthy to manage the Ar.
fairs Of the Ilempheld road
For their own and our sakes, then, do hope
that they will at once make statement showing
the truO condition of the ConlrauyS affairs or
else say to the Stockholders that they will not
stand in tho way Of any efforts contemplated to
put the cars once more in motion on the road
A SToCEHoLDgn