Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1866-11-15
M anassas Gap misunderstanding OF
the Stockholders.

the Stockholders.
The Alexandria Lt1zete contains an ac-
count of the proceedings ofthe stockhold-
ers of tho Manassas Gap Railroad Com
pany, assembled iii annual Meeting in AL
exandria on the It'll instant.
The Report of the President states that
the claims Of the company to the iron
rails taken from the Manassas road and
laid upon the Winchester and Potomac
road in Virginia, and the Northern Cen
trail road in Maryland, have been placed
respectively in the hands of eminent coun-
sci, and iii each case are thought TO rest
upon strong legal grounds.
The company rolling stock has all been
brought from Greensboro, in North Carol
ina, where, under the good management
of superintendent Morgan and lambert,
in charge of the machine shops, it was
much improved in condition, besides yield
ing balance over expenses # 4,323
Of the present aims and prospects of
the company, the report speaks as follows !:
The rebuilding of the road as far as
Pieda.ont Station is thought by the Board
to be an important step, not only as car
rying with it the value which always at
taehes to a beginning, but the length OF
road 33a miles in extent, little short Of
onc-third the distance to Hasrisonburg
which makes its accomplishment an import
ant item iii the reconstruction of the whole
road. Made TO Piedmont, the road Will
accommodate the entire section of country
east of the Blue Ridge Mountains inter-
ested in Manassas, and running through a
productive and populous region, it will
bring large present and permanent trade
to Alexandria To which advantages may
be added that the running OF the road to
this point exhibited ii respectable net in
come.
The section of road FROM Manassas
Junction to Piedmont, proposed to be re-
built, was Invested Of every rail. This
deficiency is made tip by rails lying on
the section of road between Piedmont and
Strasburg-27l miles; with 6 miles of
rails turned over to the Company by Gov
eminent. The removal of this mass of
rails from above Piedmont to the track be-
low where they were wanted, was effected
by wsggonage of Isl miles, and use of
temporary track CONSTRUCTED for the pur-
pose) of miles. which with the process
of Strengthening required by the twisted
rails. added much extra labor to the COIN
pany's operations in carrying on this work
Added to which was the overland carriage
of locomotive (of Indispensable use)
from Warrenton to track at Rectortown.
rendered very difficult by the unusual du-
ration of the equinoctial rain. The whole
work. somewhat novel in many respects.
has been planned and enersetically execut-
ed ly Chief Engineer, A. II. Johnson,
ESQ. I
There has been expended on this work
81. 540.42 This money has been OBJ
taihcd partly from loan, upon favorable
terms, of citizens of Alexandra-by cross
ties (not included in cash stated above)
furnished by farmers upon like terms-by
sale Of company's property, including
loose rails lying in Shenandoah -und tenn
porary bank accommodations
The commencement OF work at so late a
p''FIOu vi tHe ycdi DIS q uHc. Wdn IofcCu
upon the Board by the deficiency of rails
wanted at the Manassas Junction end of
the line. which could only be obtained
from Government; the Board being uHdef
the necessity of waiting the pleasure of
the Government, who had them in its use
This delay has exposed the operation of
the company to the disadvantages and tftt-
certainties of the cold season. making the
time of work Indefinite Every effort will
be made however. to have tlfe rofd rum
ming to Piedmont in the month of Jafiaary.
In regard to the recohstrpetieu Of Che
whole line of road to HarrrsohbnFg, SCI
heartily desired By al Fire stock holders
the Board regrets TO have e affhodres. Ere
failure of the measures adopted by Them
to carry out the resolutions PASSED nnaflitn-
onsly at your last rfseetfbgs which gave
authority to the President and Directors
to raise money either by a large loan or by
sale of the Valley section of this road to
certain parties, by which the reconstruction
of the whole road could be effected-the
hope of success in carrying out THESE
measures depended upon expected support
of Baltimore capitalize disappointment
was surprise of which it may be proper
to give soale explanation ::
TIE acts of the Legislature authorizing
the Strashurg extension and the incorpo-
ration of the Valley Railroad Company,
which were proper for the purpose of Civ
ing to the people of the Valley an outlet
to tile Baltimore market, gave at the same
time to Baltimore the route through Vir-
ginia to the West and South, which was
the originally preferred route Of the. Balti-
more and Ohio Railroad Company, which,
though denied, was believed to be an OBJ
ject earnestly coveted by that company
The offer of this route by any company
empowered with authority to make the
road. was expected at once TO open the
treasury of the Baltimore and Ohio Com
pany in order to assist the construction of
III i* road
The opportunity was thought favorable
IN the Manassas Company to pet means for