Evening star. [volume] (Washington, D.C.) 1854-1972, 1869-03-18
Railroad Meeting.


Atone O'Clock to-day, the commAstsesapposnt-
Cd at the late conference Of the Directors OF tn
Loudoun and Hampshire Railroad with tn
citizens Of Washington and Georgetown; ais,
the coDmitree of fifteen, appointed at the me
Oily Hail ia Noyember last, 10 seek relief fro a
the exactions Of the Baltimore and OHIO RNi
Ioso monopoly, met together at the ONCE of
hlourn q La,ta. corner OF TN and + Streets.
Judge J. w. Wright called the meeting to or
der and stated that suggestions would pe re-
ceived
|. DR. e. H. Crsgin stated that Georgetown was
willing 10 suoe cribe towards the completion
OF the Loud and Hampshire Railroad, but
desired 10 cooperate with Washington in the
matter.
Judge Wright then presented draft of a bill
10 be submitted TO Congress for their action
empowering the corporate authorities of the
cities Of Washington and Georgeto IN to su,-
Loudon and Hampshire Railroad Comoanv Of
Virginia, namely, the corporate authorities Of
Washington for not exceeding shares
hereof, and the corporate authorities of
deorgetoWn Tor not exceeding The
corporate authorities Of the two cities are
autnorizeo 10 give six per cent bonds TO raj SO
iuro ier their subscription; also, to raise. by
taaaton. sum suhcient, in addition to diyi-
oends on stock, to pay the interest on tue bonds
together with one per cent for a sinking fluid
Ior tne redemption of the principal The hold
ers OF said bonds shall have q line on the rail-
road. Stocks held by the respective corpora
uons as additional security for the prin 81 pal
and interest thereof, and the DIVIDENDS which
Wnieh may be Received from said rai,r oai
sDcks. snail be applied by the corpora =
autnorities, first TO The payment OF the in eres
on their said bonds, as the same shall become
doe, and the surplus, il any. to the said SINK.
ing fund. IL shall be lawful for tue said rail.
road company to extend their road with necss
sary turnouts and switches TO such point in tn
city OF washington as they may select for a de-
pot oy ana upon such street and avenues "a
they may deem most exigible. provided that
me consent OF the corporate authorities of said
city shall be first gwen TO the use Of such
STREETS or avenues, or any OF them
Mr.. Samuel Bacon moved to strike out the
words Alexandria, Loudon ard Ham pshire
railroad, and insert .'any railroad TO which
the corporate authorities Of Washington and
homegrown might be willing to subscribe" SO
that the corporate authorities might be free to
act.
Mr.. H. kilbourn thought the amount of the
subscription should be settled first. The com.
mittee Of citizens OF Washington then agreed
unanimously on the sum Of one million H.
lars suoscr ption to the Alexandra, Loudon
and Ramps hire railroad.
Dr. Cragin and A. H. Herr, of the George.
town Committee. agreed on one hundred thous.
and dollars su OscrlpOn
Mr.. w. II. Tenney, OF the same committee,
advocated three hundred thousand dollars sub
scrlptiOn ON the part of Georgetown.
DIR. J. l.. kidwell advoc tted asking Con gress
for extended authority, SO that the corporate
authoities could subscribe to any road
Judge Wright was opposed to skiing for such
authority, as IL would probably be vested liz
I'M fficieHt hands. He had seen Western cities
plunged inextrIcally in debt in that matter
MIR. Tenney and Dr. Cragin, OF GEORGETOWN,
thought that Washington should subscr, be-a
million and half Of dollars. If they would
do that, Georgetown would cheerfuly sub.
scribe three hundred thousand dollars Toe
Northern Central road was building tbs BaIti-
more and Potomac road; John w. Garrett was
building the Metropolitan road; SO tae L ,udon
and Hampsh hire road was about the only one
requiring immediate aid from Washington q I'D
Georgetown,
The subscriptions TO the Loudon and Hamp.
shire Railroad were finally agreed upon, one
million from Washington and two hundred
thous and from Georgetown.
The question OF subscription 10 the Point
Lookout Railroad was then taken up and the
Of three hundred thousand dollars The
Georgetown Committee dec linrd subscribing
to any Of The Point Lookout Railroad stock al
pIetent.
Mr.. kilbourn read letter from citizens of
Frederick, in regard to their cooperation with
the citizens OF Washin gtou TO procure a charter
for road from Washington TO Frederick
Judge Wright sand he had cOnversed lately
VIII some of the stockholders of the Baltimore
and Ohio Railroad, who stated that they and
th- citizens OF Washington might act conjointy
IN regard TO the railroad from this city to Fred.
erick, but for the obstin1cy Of the people here
The bill for presentation to Congress was
nnally amended by inserting the amount 10 he
subscribed by Washington to the Point Look.
out railroad, and providing that the City Cum
ellis shall direct how the vote on the shares of
stock shall be taken, and was than adopted
A motion made by DIR. j. l.. Kidweli that a
committee be appointed to confer with John
". Garrett, of the Baltimore and Ono Rail-
read, met with strong objection, and was with.
drawn.
Mayor Bowen was then notified ia writing
by the respective committees OF their ACTION
and the meeting ad Iourned.