The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1868-06-25
Local Intelligence,

HHsAt@ tYtHtAN VIC fettft&N kFfbi TUG otlttu ~
the Aator of Baltimore, telegram making
the agreeable announcements that the Western
Maryland X. X. orduance (which, with the
comments 0f the Baltimore pFees will be found
bei0wj had been carried b. large majority,
This ordinance, 4 Win be seep, Z prsdieatsd
upon The assumption thatthc Commissioners Of
Washington county will waiyc the lien Of the
c6nnty 10 tho PROMISES an assumption entirely
correct, - The ordinance u known % meet the
approval 81 the ensire Board. Under the opiB-
ion Of the Hon. Heserdy Johnson and y. ~ p
cannell5siils eaiIFosd. de sabIaission d he
question - che popular F0tc WAS unnecessary
But 70 satisfy HE nuthofiiIes Of Bsiiiwtre who
took diffefent view of The copsiitaupnsl re-.
1tfiction, and 70 remove every possible cloud
from the bonds proposed 10 be issned. The qn~a-
tiDn was thus submitted aud hes been definitely
settled. Ths.e Bonds will, as soon a. they Gan
be prepared, BE- brought epon zAe market In
limited quantities and vii, beyoHd dnabg take
q once DE position Of ) faFofise sesnsity.---
Fortunately tho second mortgage bonds OF the
Company, raaranteed by WashIngson county,
are not ret sxhAuated Indeed our imprssslon
Is that We have nearly enough unissncd 10 COM
plgtc The graduation Of the road, at this end.
from HaKeIstoWn % the monniaiu $50 that 80
iAF ~ washington county e concerned w may
not have ~ tnuch upon The preferred loan IN
III y bccomcs neeussax % lay Tho rails. a
THIS important financial qurstion having nov
been alphabetically dispused 0f, we hope the
mauaErSswlt will a. ones take 10 hand the viz.
ofona correction u the abases b. which this
faFosite bat uDtDrtanAtu road has begn 80 long
cured. " cpursn u u now TOO late 10 correct
those aliases which have resulted from the tn Vt
lag and shifting Of thg iins for The fratacaiion
Of private ends and personal Whims. but ihe
Company should now b. rixhiad ap ii many
pointsspecding the prumptest aud moct decided
attention. Fer instance, We believe that, 10
confederation of ReuafAl subscriptions By per.
sons along Tho line, 81 sum aggregatiBg some
.sixfy-odd Thousand dollars, free paascs are
Efanied % whole coumunities. To paw Oh this
loan 30 n 70 make persons who ride over The
road pay, should be one % the hrrt reforms
And While a small community rides ffes ON The
interest Of tixfy odd Thousand dollars, the Cosn.
pahy y paying some ihirty-eight thonsapd dol
lars year, or The intsseaf ~ nsarly loaf hun.
drod lhonsand dollars, for the privilege 81 raa-
ring theif ears over niaa miles d Tbs NnTfhefn
Central Railroad Compapy's track We de-
not know hat this iast abufr can be reached
BOW Rad se rrfsf 70 this in cosneeiipn vita The
ether 10 chow What road this mast he which
caa bear 40 under snth az aesamuiation II
dead weight IL The slgofoas hznds late y hitch
The Road has fallen. We hope % SO a. imnssdl.
ste improvement. followed w preparations leF
80 ssirnsseps q 0nce, 81 TIE n2fHfal terminus
d The head a WiliiAiasposL
Tho above article il from the Hagrrs.
town Iaa of Friday last, and meets
our approval 10 all lie points, except
enc. In speaking of the aoatieg debt
as subscription It sG0,Ou0 For which
paenns were issued 10 whole communal.
ties, ID has done grcat iniussicr to Iliy
gentlemen Of ihis eounfy. who nobly
eafne forward ia tbs h1af d need and
gave tho sabaiantial aid 81 over $40 900.
Tho facts ARE these when the foa /
wss delivered over TO tho company BY
she contractors in 1862, che rolling stock
wsk Iouad 10 be Insufficient to do the
business of the road the company wcra
without dollar II surplus funds; the
plan was devised Of gisiag aotes npon
which these geniiencu became endor.
sers, aud ia several instances lsrnished
the faad., This xss doae al several az.
ercut times. nnii the road was stocked
sufficiently 10 b. worked a. far ~ Unioh
Bridge, 10 consideration Of this aid the
eonspsuy issaed passes IT, these kily
/ gegtlenaea, aad soi 10 Whole cnmmanI,
tias, leT them 50 hold until these notes
wefs r.aid. Tie debt has bceu some.
/ chat reduced BY several paymcass, made
from eUilrgilsBa 81 stock ~ ARREARS
and the decisions II favor of the com.
pany agsihsl dglinq stack haliurs, 10
tic Circuit Coaft o. thia coanty, will
place some funds u the disposal Of the
company By which IL can be aiill further
reduced These iliy gcn,lemoa are
NIlling and ansiaas 10 give % their
passes IL the eouirany will relieve them
from further responsibility.
X y true thai this company IA paying
the Nufthcrs Central Kailroad the 10.
scfcst a nearly 100000 peF asnua,
a. their lsgiiilaata proportion Of rates
1t Height aud passengers ss divided
1 pro rata 10 tho niles run and from the
language o. she lass clause o. the ORD.
naace waving the lien just adopted b.
the people Of Baltimore. whivh says -
See. 9 Add be Il enacted and ordlain.
ed, That said company shall not change
the prcscnt location 81 ia Rad between
Westminster, Carroll county, and the
city Of Baltimore without che consent
Of the Mayor aud the City Counuil Of
Baltimore being hrst had aud obtained, =
ono would suppose that the Nof,hern
Central Railroad ara moi cexy saxioas
10 lose the ipiercst Of nearly 500, 600
per annum
DO Tuesday morning Of the day pre-.
eecdins the election. the Baltimore SHa
coatained an editorial article. explains.
tory Of the foregoing ordinance aud Of
the condition and prospects Of the West.
crn Maryland RAILROAD, from which We
extract the following:
Il II important that the yoiers should
east their ballots nndcrsiandingly, aud
be aware that By the waiver Of the lien
the city Is not called upon TO vote any
moro money, but the approval Of the
ordinance, i is supposed, win enable
tbs co'npany TO obtain sufficient means
with which 10 finish the road The city
has first mortgage on the road, with =
considerable sinking fund, which FIRST
mortgage will not DO affected By the
approval Of she ordinance 10 be submit.
ted 10 morrow. The following financial
statement, with which We have been
furnished, shows the loans AMI capital
OF the road:
First Mortgage
baltimore city guarantee s3po,0oo
Pfisate bondholdefs 100000 seoo,o0o
Second Mortgage
baltimore cily guarantee 100000
Warh'ngtcn 90. guarantees $4,000 ssop,ooo