The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-12-27
The Pittsburgh, Wheeling 4
Kentucky Railroad.

hCuJuChJ huAAA Ohue
With view of iamiliarizing our Obi
county readers with the facts bearing on
the election 10 be held in this county on
the third Of January, on the question
whether this county will vote n subscrip-
ton to help build a railroad from this
city to the Brooke county line, We submit
below in connected order several official
papers, showing just what Is proposed.
TO avoid confusion let us explain that the
Pittsburgh, Cincinnati & St. Louis Rail
way Company, Of which Thos. A. Scott
Is President and VIM. Thaw Vice Presl-
dent, is the property of the Pennsylvania
Central, under another name, and what
ever 1t proposes under that name will be
made good by the Pennsylvania Com.
pany. As the projected branch is to con-
meet with the p, q. & st. L. road, it is
proper of course that negotiations be car
ried on in the name Of that organization.
First VIC have the proposition made to
our county, in April, 1871, by the p. G. Il
St. L. Co., and rejected by vote Of our
peoples
Alta meeting of the Railway Committee
of the Pittsburgh, Cincinnati and St,
Louis Railway Company, held In the city
OF Pittsburgh, April 7, 1871, 1t was
RsSO!Ded, That II the Pittsburgh Wheel.
ing u Kentucky Railway Company will
provide the right Of way, the needtul
depot grounds and bridge the road, sub.
jeCt to the supervision and approval Of
the Chief Engineer of the p, q, Il st. l.,
Railway Company, from the point OF con-
nGCtion with the present main track near
the east end of the SteubGnville bridge TO
satisfactory location for depots in the
city of Wheeling and in Wellsburg, on
stock subscriptions, and clear OF debt or
liability, then the p. @. & st. l.. Railway
Company will provide the means required
TO place the track, sidings, engine houses,
stations AMI other model fixtures in good
condition for service, receiving in pay
mGnt therefor, mortgage bonds at their
market value; and they will also provide
the equipment, lease the road, and man.
age, work, and maintain the property ut
cost and reasonable allowance for the use
Of equipment required to accommodate
its traffic, paying over net earnings to
provide for interest on bonds and divi.
dcnds. Provided this resolution Is nc.
copied and contracts are duly entered
into between the companies for the com
pletiOn Of the road, and lease for It's ope-
ration after completion, and the sumo DO
duly approved by tho stockholders OF
both companies, within ninety days from
this date.
1t will be seen that tho foregoing prop
osition required mortgage on the road
to secure tho p. G. & st. L. Company. In
September ION the 23l) special commit.
tee appointed by our Board of Supervisors
had an interview with President SCOTT,
and asked him 10 modify the former prop.
OsitlOn 80 rs TO take preferred stock In
stead Of mortgage bonds for tho expendi.
ture made by his company in building It's
share OF the road. To this Mr.. SCorT
agreed, and promised to cmbody the mod.
iIiCation in letter, to be addressed to the
Chairman Of the committee This letter
was written two days later and Is MS fol.
lows:
rIrTsnURGII, CINCINNATI d ST. LOUIS X. X. Co. |
OPFICE or THE PRESIDENT,
PHILADELPHIA, September IS, 1871.
lion. Andrea Wilson, Wheeling, West Vir-
ginid:
My DEAR SIM Our Secretary at Pitts.
hnrgh informs me that on Saturday last
he enclosed you copy of the within res.
OlutiOn, ut Wheeling,
The only alterations / sec that the resO.
luton would require to meet the views
expressed 10 you mt Pittsburgh on Friday
last, would be for tho Pittsburgh, CinCin.
natl " st. Louis Company to agree TO
take preferred stock, z per cent clear Of
taxes, in lieu of mortgage bonds. This
we arc willing to take ut par instead of
taking the bonds at the market value, as
stated in the resolution the object being
TO do all we can to aid your people In
purchasing connection between Wheel.
ing and Pittsburgh by the short and, to
them, Rluable line. ~.
OF course VIC shall expect that your
people will act definitely on this question
within ninety days from the date Of our
interview at Pittsburgh on Friday last.
We always like to have limit to pros.
pective obligations, such as IRE contained
In this resolution.
Whenever you are ready to have our
engineer, Mr.. Becker, examine the pro.
posed line and location for depots, | shall
take great pleasure in sending him to
Wheeling TO see you. 80
AS | am absent frequently 1t might be
well for you to send a copy of any letter
addressed TO Inc on the subject to William
Thaw, Vice President, Pittsburgh, from
whom II will receive attention.
Very respectfully yours, e"
THOMAS A. SCOTT,
President.
After delay of n couple oil months the