The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1870-01-20
eREENv1LIs RAILROAD STOCK.

The annexed paragraph appeared in the coluus-
bia Pdenir of last Thursday
There seems to be no longer any doubt as to
certain rumors of better terms being available to
the stockholders than the two dollars share, OF
which many have lately sold out. It is said that
formal proposition will soon be laid before the
stockholders, at higher valuation, and on terms
for lease greatly to the permanent advantage Oh
the stockholders in this company.
And the following important ~ Information Is
from the Charleston Courier of last Monday:
The paid agents of certain parties have, 1t is
said, gathered up o considerable quantity OF thls
stock during the past three weeks at ten Genus Oh
the dollar Anderson and Abbeville stockholders,
acting as though in desperate haste lest total loss
shoald overtake them, while those In Newberry
and elsewhere have proceeded more cautiously,
and of course are in the way of getting better
terms. We learn of no sales in Charleston, where
O large amount of the stock is held. 'Old Dirds
are not caught with chaf."
According to these influential journals, the peo-
pie in this section have been badly deceived. But
we are inclined to think that they have acted
wisely in disposing of their stock at two dollars
per share, for the following reasons: From The
best information we can obtain, the proposition to
O~-O
lima Railroad; and in anticipation of leasing the
Greenville road, "paid agent" was sent to the
up country to offer $3.50 per share. He succeed
ed in getting the promise Of about fifty shares,
but his employers had failed to provide him with
the necessary means to make such purchases, and
he was compelled to return to Columbia minus the
stock. Therefore, the scheme fell through, as oul
cotemporaries are doubtless aware Even the
wide-awake people of Newberry, Charleston ano
other places are now standing aghast at the infor
nation that "certain parties have purchased
sufficient quantity Of stock to control the Road
and would not give 'red cent" for any more
These are the facts, Us We are Informed and be-
lieye. AS matter of course, the present owners
Of the majority stock not disposed to lease The
Road, and hence the prospect of "getting better
terms" from the South Carolina Railroad or any
other corporation fades away into the dim dis
tance Will our contemporaries please inform vi
what ..higher valuation" is now placed upon tn
stock, as some of our friends even here IN Ander
SON would like to receive its benefits !? They wer
not in ssdesperate haste" and while proceeding
more cautiously" they have seen the Road pas
into the hands of Northern capitalists, who arr
determined to make it frst-class public highway
and of course will SO manage its affairs as to ex
clude the cautious, prudent sold birds'' from flu
ture dividends, if there be any such arising from
the profits of the Road. In conclusion, we con
gratulate the people Of the up-country upon tn
result, as it will be greatly to their permanent ad
vantage, in our opinion, that the monopoizinl
spirit of the South Carolina Railroad has not beer
fastened upon the future policy and destiny o
the Greenville Road.