Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-01-30
ANOTHER RAILROAD.

The Liberal Dicks" Of the Legislature
t,l NOT in their generous gifts OF franchises,
and among the good things now being served
M, are railroad franchises over every posi-
BE and impossible route in the Territory.
The proposed perpendicular railroad between
here and Virginia we have already given a
description Of. Yesterday, in the House
Mr. Barclav. from the Select Committee, COM
,,,..i ,,f tht. Ivon aud storey delegations, ne
iortr Elvnr,lbly on HOUSE, hill TO incorporate che
Virginia aud Dayton Railroad Company. Order.
Ell printed at the expense 81 the grantees anu
committed 10 Committee a: the Nbnlc-
The gentlemen asking tsis franchise (Jchr Il.
Winters, Jo, Trench and aSSOctatesl are well
known in the community IL 'Ecu q: energy. IL
Gustry and ample means, aad - siE'ilSHt '"fWIN'
reliable business UIcn. What they undtrth"c 20
do will be done thoroughly and Wei iHe pro-
uosed charter i considerably more !nots' IA as
rxactiouS-in its gobbliuG ProP,nNli.es-inan
snch things generally are here. Tue rvLi Is 70
commence ut IA point near the northern nae OF
Virginia, east Of G. street. aij run thence along
the sidehil in snuthcr!y direction. oS tns near
est practicable route TO point AZ or near Day ton
The COMPANY mag examine, survey ana a'tops
the most eligible route, and have exclusive night
of way iiflv feet wide. When lands necessary 10
Ihe use of the company are not granted or gwen.
three Commissioners, 10 be appOmted by Noun-
rs judge are to determine the price NJ whieA
tney shall be purchased Their decision may be
,,p0eaIrd FROM to the District Court The road
NAV DC constructed across any highway, road or
watercourse. but these must be restored To tUeir
original state, and their usefulness 10 their OWE
ers in no way impaired. The company Sha.1 h"'
interfere with any pOsscSsory rights '-rra"F &c
CURED. without just compensation ANY one MO
shall DESTROY or iHiuFe the properly OF Ine NCih
many shall be liable for damages treble the Nhue
OF the property 50 destroyed or injured It
ears NAV Dc moved by steam, or animals, or o;hrr
power or combinations OF the same. Capl';I
stock S:sOO 900 in shares vi So each. May Dor
row such sums Of money. from time :" lime rs
NAV he necessary 20 tn, completion, furnishing
or operating the road and dispose Of their bonds
in denominations Of not less than SSuO, Tor the
amounts 50 borrowed Payment of the debts OF
the Company 10 be secured by mortgage on tne
corporate property. The road and Is appurte'
nanceS 10 be sUbjec: 10 the rules " taxation
A. other property in the Territory. The eompst'
nv ,hal Dc work upou the road equal !" the hril'i-
ing Of three miles OF sail road withiG one year
from the passage Of tee Act. and shaH complete
the road within two wears or else forfeit WAL they
NAV have done on il previous 70 the expiration oi
rhat time. The co,upang's charter 10 continue
thirty years.
A railroad from these mines to the nils at
the lower end OF the canon. and upon the
Carson river, will do big business, and will
reduce the price of transportation very ma
terially. Such a road, from the rugged for
nation Of the country, will be necessarily an
expensive work, and one that requires con-
siderable nerve to undertake. Whether 1t is
sound policy, however, to grant an exclusive
right of way for i term Of years, is grave
question. Ii there IS ANYTHING that ought TO
be brought down to the rule that '' every tub
should stand upon It's own bottom" that
thing is " capital" Competition in works OF
the kind in question, inures to public benefit
monopoly works profit to the individual at
the expense of the community. To give
these parties right of way from Virginia to
DAYTON, is well; to debar others from carry
ing ont a similar enterprise, is not well.
" Grs@.;ag the iat SOW" is played out
Camc.