Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1871-07-22
nsn Rosd Waters.

RAILROAD MEKTTHO.-A large public meet
Ing Of friends and Stockholders of the Ash la.
bula, Youngstown 4 Pittsburgh Railroad was
held in this place on Wednesday, afternoon
last An abstract Of the proceedings Of the
meeting will, perhaps, best explain It's object.
J.. W. Smith, Esq, was called to the chair,
and GEo. WILLARD Esq, chosen Sccrctary.-
President McCPARY took the floor, and 10 a
brief way alluded to what had been done by
hinsclf and the officers Of the company, and
what was expected of the fiends for securing
the building of the road. lie bad been 10 cor.
respondcnee with Mr.. N. RAsp4LL, Of syra.
cuse, N. Y, gentleman of well known rail
road ability and exnvgience, 30 years of whose
life had been spent in the business, and whose
attainments had been brought to boar upon
this enterprise, by thoroughly Informing him.
self as to the business that could be counted ON
for sustaining little Typographical feasibility.
directness and sbQrtacss of line. His oLser.
saiion and estimate Of the eenenls of sus,cn.
ance and economy of construction, inspired
SUCH confidence, that he was willing to under.
take iis building 70 Youngstown, for the sum
of 100000, payable in given amounts Of cash,
stock and bonds. Under the belief, from en-,
enlargement given, that such an amount
could be- raised, proportional to Ashtabula
county, $l5Q,00O-e equivalent to the tleing the
road to Bloomfield, $l50,0OO between that
point and Youngstown, and 300 900 already
pledged in Pittsburgh. Confident that this
was practicable view, conditional contract
was entered into for the camplction Of the
road to Youngstown, inclusive Of switches,
depots, docks, watertanks, and rolling stock
equal 10 three trains of cars, &c Beside this,
MCRARY made the gratifying announcement,
that the Lawrence & Vienna road, lying on
the line of the A. Y. & F., now in operation,
and forming a most important link In the
chain, had within day or two been purollas-
ed, and was nog under the control of the
company. The representations of Mr. NiCRA.
RY were so plain and within the bounds Of
availability, that the meeting seemed fused in
TO the sentiment of approval and confidence
In the enterprise.
Mr. RANDALL followed, in very intelligent
and satisfactory view of the assurances which
were presented of paying traffic for the road
He showed from facts that have come under
bis own observation, that the advantages Of
the road proposed, were far beyond those of
seyeFai others OF his acquaintance, which had
gone into operation, and were making salts,
factory rcturns in dividends. He showed, al
so from facts which were afterwards confirm.
ed by other gentlemen, that the present carry.
ing facilities from and to the MINES furnaces
of the Mahoning valley were altogether insult
fcient for meeting the demands of business.
This c%hibi. of facis and figures, given in a
plain, common sense business way, had tell
ing effect upon the audience, and their hearty
approval was several times indicated by gen.
eFai applause. At the close of Mr. Rundalrs
remarks, it was proposed to submit subscrip.
Hon papers on the spot, and to appoint com
mittee for the purpose of taking hold of the
work of Increasing the subscriphpns hereto
fore made 10 the amount required. Some So
600 was subscribed on the spot, and 25 900
more, 1t was thought, would meet the demand
upon shtabula. Meetings had already been
appointed for Austinhurg, Morgan, Rome and
Orwell, the present week, and no doubt was
entertained but that the balance of the 100000
wanted from This county, could be at once Sc
cured. The following are the genilemen Sc
lecfed as the committee, who met Immediately
upon adjournment, and divided themselves VI,
into convenient bands With assignment of ter
rilory for each, for prompt and vigorous ac-
ton;