Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1864-01-20
AshlahuIa 4 New Lisbon RalIrOad.

Will the Railroad be built: Is there
any probability of its being completed :
How soon will the ears be running =
These and other similar questions are Oft
EN- asked. but not easily answered. From
the best information we can get, we VIII
say there is a probability of its being I'M
ished; and, if everything works right, we
may hear the whistle at Garfield station
within a year. So far, matters have pro
gressed favorably. Negotiations between
parties interested, have resulted in the
drawing up of contract for tine lease OF
the Road 10 a Company which will un-
dertake to finish it in a period of four
years, from Niles to New Lisbon. This
contract only awaits the sanction or as
sent of the stockholders of the Railroad
Company, for the work to go ahead. The
assent of the Company, it is presumed,
will be given at the annual meeting at
Ashtabula, on January 9TH, when-a large
share uf the stock will be represented.
and Il vote taken upon the proposition
So far as we learn, the stockholders OF the
southern portion of the line are all in IA
vor of leasing. There may be except
ions, but if there are any who oppose it,
they do so for want of correct intorma-
tion in regard to the measure. They may
expect that something will turn up so
that the Ashtabula & New Lisbon Com
pany will be enabled to finish the road,
but such expectations are without foun-
dation, for the resources of the Company
are exhausted. 1t is hopeless TO expect
to raiseany more money from additional
stock, and the only prospect of road Is
in leasing the incomplete road to Com
pany which viii finish it. Every stock
holder, therefore, who wants the road
made, should sign proxy empowering
the holder of it, who will attend the
meeting, to vote for the lease. The stock
holders on the north end of the line are
divided on the question. We believe the
majority are in favor of lease, some are
undecided, and some are opposed to it
The latter seem to think that if our end
is built by another Company it will pre-
vent their end from being built. We
think that they do not view the subject
correctly. The Company cannot finish
the north end, as things now are. Ifthe
south end is finished, twill most probably
be the means of finishing the north end.
At first view, it would appear to be the
interest of the Atlantic & Great Western
Railroad, having leased the Mahoning
Road, to run everywhere on that road
and this may be SO. with only a, moder-
ate amount of business for the road. But
We must recollect that the immense bus
iness between New York and the Lake
country, by way of Cleveland, is now
thrown on to that road in addition to its
former large business. By constructing
our road through the mineral regions of
Mahoning and Columbiana counties, a
very large additional business will be
thrown on the road, so large indeed, that
another road from Warren to the Lake
Shore will be needed, and the result will
be the completion of the road from Niles
or Warren to Ashtabula Harbor. We be-
lieve it is for the interest of every stock
holder north and south, to vote for leasing
the south end, and hope TO see the meas
ure carried by universal assent. Then,
with fair degree of liberality on the part
of land-holders along the route in grant
ing the right-Of-way, we may expect to
hear the whistle Of the locomotive at Can
field, and all along the line. at an early
day Garfield Hsrald