The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-05-30
Tae RaiIroad war-pe..oc.., Deo,.r.a.

concluded In this city yesterday morning
between the South Carolina and the Co.
lumbia and Augusta Railroad Companies.
The treaty, we believe, was found en-
tirely satisfactory by the President, Di-
rectors and legal advisers of both the cor
porations. and was duly approved. The
terms of this treaty are, we learn, sub
stantially rs follows The Columbia and
Augusta Railroad agree to pay to the
South Carolina Railroad the sum of Sc
venty-tive thousand dollars in the bonds
of the former corporation to be taken by
the latter Mt par value; and in consider
alton Tor this amount the South Caro-
lima Rairoad agree to allow the Columbia
and Augusta Road to intersect the track
OF the former ut the 'turn-table, one
mile on the other side of the Savannah
River, and the use of the track across the
bridge over the Savannah and along
Washington street, to the Union Depot,
in this city, until the sixth of January,
1870, by which time the bridge of the
Columbia road will, it is thought, he
flnished-the time and manner in which
tho track is to be thus used, to be de-
tcrmined, in case of u disagreement be-
tween the other parties, by the President
of the Georgia Railroad.
The City Council of Augusta agrees
to grant to these two railroad companies
the free use of the Washington street
track in perpetuity. The track to be
used by them on equal terms, and it, to-
gether with the street, to be arranged
and kept i'll thorough repair ut the ex-
pense OF tho two roads; and all other
streets which they may have to use in
connecting their tracks with n common
depot to be kept in the same manner,
under the direction of the Streets and
Drains Committee. If any other road
shall hereafter desire to use these streets
connecting these roads with the common
depot, for the purpose of entering the
city, it shall be allowed to do so upon
such terms as the Mayor of Auguste and
the Superintendent of the Georgia and
the Macon and Augusta Railroads, con-
stituting board of referees, may de-
termine.
The two railroad companies agree to
indemnify the city for oil damages OBJ
tanned from it in consequence of the
running of their trains through the
streets.
The City Council agrees to release the
South Carolina Railroad from their pre-
vious contracts with the city relative to
determinations against Augusta in
freights and passenger fares, except on
the line between Charleston and this
place, and also release them from the
prohibition against their engines and
cars running through the streets
The City Council, the Columbia and
Augusta Railroad and the South Carroll
M Railroad promise to stop all litigation.
The above comprise, substantially, the
terms of the agreement which was ac-
cepted yesterday by the two railroad
companies and the city; and We think
that it will be found to be acceptable to
the citizens of Augusta and to the stock
holders OF the railways. The public will
certainly be delighted to learn that the
strife which has for so long time been
going on between the Columbia and Au-
gusta aud South Carolina Railroad has
ut last ceased, and that travellers may
now pass over the two lines without ex-
periencing the inconveniences and an-
noyances which were at one time caused
by the celebrated railroad war"
CONSOLIDATION OF THE CHARLOTTE AND
SoUTH CAROLINA AND COLUMBIA AND AU-
GUsTA RAILROADS. stated in the
Chronicle and Sentinel, of yesterday morn
ing, that the Board of Commissioners
appointed by the Charlotte and South
| StioiIio anu SOluul duu August hall-
roads to arrange the terms for consoli-
datlon of the two corporations, had held
meeting i'll this city on Thursday morn
ing, and had failed to agree upon any ar
rangement; but by the advertisement of
Col. VIM. Johnston, the President Of the
road, in another column, it will be seen
that tho Commissioners have agreed upon
terms, and that joint meeting of the
stockholders will be held in Columbia
soon for their consideration. 1t seems
that at tho meeting on Thursday morn
ing nothing was affected The represen-
tativcs OF the Columbia and Augusta
Railroad were willing to consolidate if it
could be done ut par-that is, four shares
of their road, twenty-five dollars, each,
were to be given for one share of the
other roads stock, one hundred dollars.
The commissioners from the Charlotte
Road refused this proposition, but sub