Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1867-06-15
The Blue Ridge Railroad.


equal to the emergency which surrounds tho
fortunes of this great enterprise But tothe
| proceedings before the City Council of Cllr-
lesion ~'
| The undersigned, Committee on tho part
of the Blue Ridge Railroad Company in South
Carolina. have been appointed by the Board
! Of Directors to call your attention to the fol-
lowing JOIN: resolution adopted by tho Gencr-
al Assembly of this State, ut an extra session
in September, 1866, and to ask your early
consideration thereof
| Rcsoiucd, That the President and Direc-
tors of the Blue Ridge Railroad Company in
South Carolina be, and arc hereby, authorized
to deal with the Shares held by the State in
said Company in the same nanncr as with the
Shares Of all other Stockholders in any nr-
rangcmcnt that may be made with any other
companies or individuals, for the completion
OF said Road, by the issuing Of preferred
Shares, or reducing the number OF Shares
held by the State in the same ratio in which
| the city Of Charleston and other Stockholders
may consent that their shares shall he rcauee.l,
or in any other manner in which it may be
! found necessary 10 surrender portion otaho
capital already invested to accomplish the con,
st.uction of the said Railroad: P,oUtle',
| That in any arrangement that may bc mndc,
the State shall not bc held liable for any at-
diton:.l assessment OH the Shares held"
| By this resolution the State has indicated
her continued interest in this enterprise, and
exhibited coinmcnltblc readiness to further
lis rroglcss and completion in such way as
may now be in hcr power. Ter large claim
OH The Company for Subscription Of Stock she
is wiling to have cut down, OF deferred, or al
=,
capitalists can thereby be induced To complete
the Road, leaving tho mod, and manner Of
the arrangement to the discretion of Your hon
cradle body and the other Stockholders. \
glance at the present condition Of the Com
pNny will torcibly exhibit the real, substantial
advantages to others of this proposed arrange
mcnt. The Blue Ridge Railroad from An
dclson to knoXyillois one hundred and ninety
eight 0gS) miles in length. hiry.in :,
miles from Anderson to Waihalla have b,tn
substantially and completely built. Gnc hun
arcd and SiNty four (lGl) miles rcnlaiu. OF
this large part OF tliG heaviest and most cost
ly work has also been done. From Knoxville
South the work is in progress, and funds
cnoly! subscribed 10 secure the completion to
the North Cn,olira line, Il distance of near
! (lU) miles 'i'iiis will leave only about one
''undrcd aud twenty (l2U) miles to complete.
and Of this between 10 and 80 per cent Of all
The work already done. Three millions Of
dollars lave been julicionsly expended o.. this
Road, Of which only $3.50 900 was borrowed
under the MOI tgaec authorized by the l.egis
laturc The original cost Of tie whole Road
was estimated at 81, 800, 900. Dchucting Tie
S3.000.O 900 already expended, will leave 81.
$4,000. OF this 500, 600 will be ottaiued
from tie State Of Tennessee. undNr her g.n.
cral law to aid the construction Of railroaj jf
There are unssu&tl 50 $50, ,0G0 of the Cu!nl
pnny's Bonus sr"nr.rl ny /" i'"'e norteage Of
all It's property, which your Committee believe
would become available i'll the progr IS Of the
work. This would leave not more than 81.
100000 to be raised hy new subscription to
the capital stock.
! 1t is believed by the Board of Directors
| that if such an arrangement can be- made ms
indicated in the Joint resolution, Of the Gencr.
al Assembly, titn' aSu'icicnt inIuccment cnn
and will be presented to capitalists Of tl,rN North
or West as will impcl them 10 invest in this
enterprise This direct connection Lv rail.
road bctwHcn Your city and the great West,
Is necessity &guwing more urgent every day,
and calls upon you iur tic exercise OF ali YOUR
energy and enterprise to Srcurc it's success at
all carly day Other rival interests arc press
ing forward in tic hope Of raapins the great
advantage. and delay upon the part Of the
friends Of harlcston and Of this enterprise.
may prove disastrous The COMMITTEES would,
therefore ask for this matter your early and
favorable consideration, and that your body
representing so large an interest in the enter
prise, will take such action thereon as may
seem wise and cxpcdcnt.
Respectfully submitted.
j. ". HARRISON, President
G. NJ. FURMAN
ii. GOURDlN
The Mayor statc,. that General Harrison.
President OF the Company, was present and
ready to answer any questions that the Alder
men might desire to ask
On motion Of Alderman Ravcnel, General
|, Harrison was invited to address Council on
! the subject OF the Blue Rilyo Railroad
General Harrison returned his acknowlcde.
mcnts for their kindness, and then addressed
Council at length upon this great enterprise,
which involved in a great measure, he said,
the future commercial importance and pros
pcriy Of the city of Charleston. Although,
at the present time, they could not expect
subscriptions ut home, it was deemed advisa-
bic by those who had taken the deepest inter
est in the work from its commencement, that
they should not remain Guicsccnt upon the
subject. Their efforts led to the adoption.
by the General Assembly, of the Joint rcsolu.