The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1868-12-01
sssIlE ESID Esls Il sssT is REP PO.R3T.

Of he Asgusa Railroad cou,pan
asHIEEN: In obedience to laws the President and
Directors respectfully following report of the progress
the Road and Company for the wear tbe
LIST OF October last This period fiscal year of the Com
and it's regular annual meeting should place on
the nst Ihrs November But owing
to of the Stockholders reaching Columbia before the Road
should be completed to Grante Directors assumed the
responsibility OF posponng the meeting until the present time
In November last the Congaree Bridge within miles of the
city OF Columbia completed This is 1925 feet lone
supported by solid granite piers and abumens in lime and
hydraulic cement with supesuction and Of the
RINK patent and believed to be of the sub
stana bridges in the South AS soon as
the river was thus crossed force and
This has progressed steadily last with
the exception of temporary until the dav
OF November last when Shaws Creek the track force
which had commenced Graneve-hus completing about
seventy miles Of the Road From Ganteve onehalf of the
gtaouaon IS completed to Augusta distance
with oil the rails delivered shipped construction This
ca" be hn1shed to the Savannah River few months
force at work upon Proposals construct the bridge across
the river at Augusta favorable received for
than month"; but have accepted account of the
difficulties and distractions nerpose the
of the Road by the South Carolina Railroad Company
The entire work has was desired nv
the Board This owing in the first place. very hard
material encountered the graduation the entire s
stratum of the earth from Columbia Augusta consists of hard
clay which could only be excavated with pick This added
materially to the time and also known that
IN tne a OF 1863 when the Stockholders resolved
the Road the of the Company limited These have
peen gradually and materially the
capital STOCK the work progressed Progress could therefore,
only be made commensurate with the During
this period the Presidential and Congressional plans
were the country with military make laws and
enforce them at the point the bayone suveron of all
settled political and civil law which the dur
ing this short period confidence and credit labor of the
country necessarily impaired very great degree Sinner
added to these embalrassens the progress of
the country the South Carolina Railroad Company focbly
resisting her track work and with
her assured claims of Exclusive forcing this
Company the third time into the cause
why the construction of its Road should be enjoine After the
first attempts to the work Cance
or and appeal to the highest State decided M
full Court against that Company anticipated that
would institute dency the proceeding onv one
OF the three grounds contained the original bill against this
Company For in the first suit the to the right to con-
demn It's right OF being
rails and its track Columbia building paral
lei road between Granee and Augusta made presented
and elaborated by able Supreme Court and
decided favor of the Columbia Augusta Company
to construct It's track the line it prosecuting
Ihe valley OF Horse Creek the only practicable approach
city OF Augusta reasonable grades East owing to
the elevated range of hills bordering bank of the
Savannah River This stream breaks the
plateau and like mountain range furnishes compara
vey easy approach to Hamburg Augusta Grantevle well
as this valley for several miles, line Augusta from
Columbia while the South Carolina Railroad travelled
miles from air line make approaches river through
this valley If either road therefore, departed from direct
line the most practicable respective starting
columbia and Charestont certainly Columbia
and Augusta Railroad In the brief limits of report
expected to more than refer to the principal features this
ed controversy Your Direction unable reasonable
grounds law equity upon which the progress your
Road be materially inerfered with 1868
made requisite different mode of assessing compensation