The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1871-06-08
From the Charlotte IN C) Democrat.
-. The Air Line Isailread.

Hice Prssidsnts-A. Aiastell ahd r. Y. Nc
Alden.
Lowery, of Atlanta, Ga; R. Y. McAden and
fWm. j. Yates, of Charlotte, N. O.; Gabriel
Cannon, of Spartanburg, 8. o.; W. K. Easley,
of Greenville, 8. O.; ]. p. Reed, and J. W..
Harrison, of Anderson, 8. G.. E. M. johnson,
of Gainesville, Ga. W. Il. Southerlin, of Dan
vile, Va. 1; P. "A. Wexford, of Richmond, Va
B. Y. Sage, Chief Engineer and Superinten-
dent; Larkin Smith, Auditor and Secretary i;
E. w. Howell, Treasurer.
The road is under contract from Charlotte to
Atlanta, and will be in running order ut an
early day. :
The next Annual Meeting will be held in
Spartanburg, 8. G.
The following is the Presidents Report as
submitted to the meeting of Stockholders, which!
the papers of this city and along the line OF
the Road were respectfully requested to copy:
I5 the Stockholders of the atlanta and Richmond
Air Line Rail,oay Company.
GENTLEMEN-The President and Directors
respectfully submit their report of the opera
tions of the Company during the past year as
follows:
Since the meeting Of the Stockholders in
June, 1870, the work then in progress on the
western division, between Atlanta and Gaines
vile, Ga, has been prosecuted by the contract
ors engaged in its execution with energy and
satisfactory despatch, completing the excaya-
ton, masonry and bridging up to the point last
named about both April, DIT.
The placing of the superstructute, under di-
rection of the Chief Engineer, has been fol-
lowed up as successive sections were opened, as
actively as practicable. Heavy and protracted
rains have somewhat retarded operations; but
e. &c. 1o ooiv1 IN ha
placed at the Gainesville end of the division
TO complete the continuous track to that point.
This will be effected during the present week,
giving efifty-three miles of line opened and op-.
Grating. .aa,s:a
The track has been laid with a ffstrclass I.
rail, Sc pounds to the yard, coupled with the
fish bar Joint, making, as fast as surfaced up, q:
substantial, safe and we'll built roadway.
/ Depot buildings sufficient for the present
wants of the Company have been provided at
Atlanta and other points on the line. Others
will soon be required ut Gainesville and at least
two other intermediate Stations. 4
An equipment of four frst-class locomotives;
two passenger and twenty.seyen burthen cars
have been Purchased and put to work on this
part of the lifle. Ten other fats and dump ears
have been engaged. to be delivered at en- early
day. This outfit is deemed fully sufficient for
the immediate wants Of the Company, and has
already enabled it to open q profitable traffic
on the line now operating that promises an early
development of operations nntisuaily large Tor
a local road of limited extent.
/ Reference is made to the Report OF the Chief
Engineer and Superintendent, herewith sub
smitted. for detailed statement of the entire
expenditures of this division. From this it ap-
pears that the work on this division, deducting
the cost of equipment, amounts to less than an
average of nineteen thousand dollars per mile.
The work on the eastern division, under the
contract with Mr.. p. p. Dickinson, Of New
York, for the construction of the line between
Charlotte, N. c., and Gainesville, Ga, was put
under way between Charlotte and Spartanburg
during the summer Of 1870 as early as COM
plete and satisfactory surveys could determine
definitely the most eligible location, and has
been prosecuted with uniform activity and In
the most satisfactory manner, emitting the con-,
tractor 10 the highest confidence and respect OF
the Company. A large force has been kept
constantly employed in the construction, and
large proportion of the line, of about seven
ty miles, between Charlotte and Spartan5urg
complete.
TIE line of about thirty miles in extent, be-
tween Spartanburg and Greenvlle, has also.
been put under active work, with considerable
force during the last sixty days.
The continued prosecution of the work in
like manner during the present year will secure
the completion of the line for use to Spartan
burg, and probably much or most OF that 70
Greenville, on or before the 1st of January,
Arrangements have been made for the deliv-
ery of about $500 tens of iron rails in the
month of. June, soon thereafter to be placed
upon the track; it being the purpose and de-
sire of the management to open the line IN
successive divisions--frst 20 Spartanburg,
thence to Greenville; at each of which points,
as reached, contributions of business are ex-
pected, valuable and Important to the income
of the Company:
ecited with oil the diligence and energy Prac-
ticable, and al considerable expense, with
view to the proper and necessary economy IN
the cost of construction and the future main
tenanee and operation of the road Much OF
the line though practicable, has been found
difficult In aRordfng such locations as were
deemed iuaicious with reference to the avalla-
ble means of the Company and the important
considerations of grade, curvature and saving
of distance!
, " Especially in regard to the line from Gaines
WILLIE. eastwardly, reference is made to the state
ments of the Chief Engineer in his report
herewith submitted any disposition OF ques-
tions suggested or arising thereon, which the
Stockholders may desire or prefer, should be
indicated now to the management.
In pursuance of authority conferred BY the
Stockholders at their last meeting, the Board
of Directors in June last authorized and in,
structed the President to have prepared and
executed at an early day a proper Deed OF
Trust or Mortgage conveying the Companys
entire line, franchise and property. to secure
an issue of Bonds at the rate of $4,000 per
mile of the line to be used for the necessary
purposes of the Company in the construction,
Equipment and operation Of its line; said bonds
to run thirty years from their date, bearing In
terest at the rate of per cent. per anium, pay
Able semi-annually, and be in other respects in
such form and with such usual stipulation as