The Greene County Republican. [volume] (Waynesburg, Pa.) 185?-1867, 1867-06-05
THE RAILROAD CONVENTION AT ELIz-
ABETII, MAY 30TII.

NbyllI, Ahh
The meeting called to take into fur.
ther consideration the enterprise of the
Monongahela Valley Railroad was very
well attended and its proceedings were
harmonious and enthusiastic. 1t was
said that some ten or twelve millions OF
dollars was represented in the meeting
itself, and the influence, intelligence and
earnestness manifested, gives the high.
est assurance Ct success.
DR.. Vanvoorhls, Of Belleyernon, was
president OF the convention, and Dr.
Walker, Of Elizabeth, Secretary. Sur-
ring addresses were made by Hon Geo.
V. Lawrence, Hon. II Bigham and
Gen, J, B. Swei'zer, Of Pittsburgh, and
by the President OF the Pittsburgh and
Connollsvile Railroad and others.
The road was regarded by all as a
positive necessity that in all other cases
railroads have been compelled to develop
their trade, but here along our valley
the trade is already built up, waiting for
the road. Resolutions OF business ma
ture were passed, among which we find
the following
ReSo'red, That inasmuch as tits rcccs>
sarv TO have subscribed at least SlGO,.
600 before an organization of the COM
pany, this sum be apportioned along the
river as follows, viz: Pittsburgh, $50,
600; Birmingham, 500, 1000; McKees-
port, $4,000; Elizabeth, $4,000 Lime.
town, 81 900; Monongahela city, S.,
600; Webster, $1,000; Bcllcyernon,
$3, 600; Cookstown, 1900; California
and Greenfield, $4,000; Brownsville,
$4,000 ;Frederickton and MilIsborough,
$1,000 Rices Landing, $1,000; New
Geneva and Greensburg, $4,000; and
that i, be recommended to each place to
secure their assessed amount at as early
n day as possible, and that we recon-
mend to corporators TO give public nos
tice OF the time when they will visit the
respective towns to receive the subscrip.
tons secured as above mentioned.
DR.. Vauvoorms in his address to the
convention set forth the tact, according to
the estimate of intelligent engineers, that
'phe cost per mile would be S27, ,G62,2
or the distance to the State lire being
81 miles, the whole cost would be 50,
4O6,6l2 ii, to finish the road from Pitts,
burgh to West Virginia line, or in round
numbers S2,500,000. According to the
terms OF the charter, the Company would
only require the issuing of bonds to the
amount OF $7,G62 % per mile to com,
plete the road, for which every mile of
the road graded and ready for the rails
would form sure aud safe basis for
mortgage bonds TO even greater
amount
Saying further The Act of Assem>
bly, authorizes the formation Of compa-
ny to construct railroad from a point
at or near Pittsburgh to Wayncsburg,
in Greene county, via the Monongahela
river dlverging from the river at Rice's
Landing; the capital stock OF SAID CONS
pany not to exceed $4,000 per mile of
said road the company authorized to
borrow money and issue bonds to any
amount not exceeding capital stock ac-
tually paid in.
1t must not be forgotten, however,
that the navigation OF our river is only
extended to New Geneva, whilst the
Valley stretches out at least one degree
of latitude Southwark The mineral
resources of the upper valley have new
er been developed, and the citizens of
that region now are anxously awaiting
the action of our State IN giving them
an outlet to market, West Va. has al
ready, in anticipation of our action, ta-
ken the initiative steps to build rail
road to connect at the State line with
che proposed Monongahela Valley Rail
road. The citizens OF Upshur, Lewis
and Barbour counties have applied TO
tho West Virginia Legislature for
charter for a railroad company to be
called the Kanawha and Shenandoah
Railroad Company, with authority to
build line OF railroad from some point
on the Ohio river, at or near Point
Pleasant, and thence by way Of Glen,
vile, Weston Buckannon, Cheat River,
Petersburg and Mor6eld, to some point
on the Virginia and West Virginia
State line, west OF Strausburg. This is
really the great "bug bear which has
excited the ire and opposition of certain
corporations. They imagine in the flu
ture, q road along our river connecting
as above, and carrying on the trade, in
stead OF seeing it pass over their own