Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1869-06-26


THE RAILROAD MEETINe AT CHARDoN,
some days since, in the interest Of q road from
Painesville. gave good signs of earnestness,
and as read from the lake running south and
parallel with the one contemplated land now
suspendedD from this place, these proceedings
will not perhaps be wholly without interest to
our citizens. We therefore copy them from the
Chardon Democrat Of the i7th instant, which
contained full report: 7- HatH 4r.a a
Mr.. Jones, the English gentleman who pro-
poses 10 take one-hRlf the capital stock of the
road, being called upon to express his views
Of the feasibility of the project, made some in
teresting and important statements, corrobora-
tive OF the fiattering reports already published.
He stated that there were at least twenty square
miles of coal land which would contribute to
the support Of the road, furnishing 1000 tons
| of coal per day, the transportion OF which
would amount to 81, per ton. He cstima.
ted the probable cost Of the road, including
necessary rolling stock, at $4,000 per mile,
and expressed the opinion that the rolling
stock thus included would be doubled and
trippled by the business of the road In short
time. j ..'' ''t .N'..
Mr.. Jacob Stambaugh, of Liberty, Trumbull
county, who has been engaged for many years
In the coal trade, and whose testimony is yalu-
able, was called upon sor information as to the
He stated that the company to which he be-
lOnged were proprietors Of extensive coal lands,
which, they had thoroughly tested, and knew
10 contain coal of very superior kind, being
! the first quality of block coal, and free from
sulphur and other impurities. He thought
| there was no less than thousand acres of coal
| land In the townships Of Vienna and Liberty,
which must contribute immensely TO the busi-
! ness Of the proposed road. He had faith in the
enterprise and was authorized by his company
to say that they would do their part in making
| 1t success At the close Of Mr. Stambaughs 8
remarks the meeting adjourned until O'clock
z. M. .I'"I 1d1 - s'77'rg td' to "rr"
! On motion of G. O. Pease, Esq; committee
Of i've, consisting of A, l.. Tinker, G. v. N.
Kittridge, Harvey Cram, B. B. Woodbury. and
e. c.. Cox, was appointed TO prepare certii-
cate Of organization Of a railroad com
pany, &C., T. pd"L fJ .o'it''r .-l
While the committee were out deliberating,
remarks were made, In response 10 calls, by
Messrs. g. W. Steele, s. s. Osborn and L. J.
Randall, all of whom took most encouraging
| view Of the enterprise, which they asserted
was entirely practicable, II all of the people
Interested would but realize the importance OF
the road when built, and its value as an invest
ment, and act accordingly.
The committee made the following report,
which was unanimously adopted: I'd
Name of company to be the Painesville, vi
emma and Pittsburg Railroad Company.
Road to commence III Painesvilc, Lake
county, and terminate at Brooktrld, Trumbull
county, Ohio. 1rs s'ral..at -fdf. '
Capital stock TO be $2,0OO,O0O. ,...,.
Names of CorporatOrs-Reuben Hitchcock,
David r. Paige, Geo. w. Steele, G. V. N. Kit
fridge. John Fertig, s. y. Osborn, q. A. Avery,
Painesyille; u. b. Woodbury., L. j.. Randall,
L. L. Durfee, ID. w. Garfield, Chardon; Lester
Taylor, j. q. Hathaway, Cluridon Lester
| Moffef Middleiield. Hurtnn A Ar1nstrnn0 1Innfs
burg; f., c. Cox, Elias Sperry, Mesopotamia; {;
| Aaron Davis, r. Oesterine,t Orrin Gates, Ba-
zetta; Jacob Stambaugh, J. NJ Irvine, Liberty;
Ira b. Mackey, Gary Treat, Visnna Darius
Baldwin, Fowler. i' ~ |"'t 'toH OH.
On motion, the Chair appointed G. ". N.
Kittridge, b. b. Woodbury. and jacob Stani.
baugh committee TO raise money to dciray
the expense of making preliminary survey.
II was also moved and carried that report Of
said preliminary survey when made, lie pub
llshed In the papers of Lake, Geauga and
Trumbull counties. 4 lfr.> al aI.t. -.