Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1871-04-22
The Valley Railroad.
Important Meeting ia Lexington Yir-
ginia.

-
ginia.
A letter to the Richmond Disqatch, dated
Lexington 18th, says;
\ regular and very important. meeting of
the Valley Railroad Company was held here
last night. Col J. 7. L. Preston presiding.
1t being asccrtained that considerably more
than a majority of the stock was represented,
Col NJ. g. llarman was called TO state the
status and prospects Of the Valley Railroad
Company.
Col Hartman stated that the whole Of the
stock necessary to build the Valley Railroad
had been subscribed except t'CO hundred thou
sand dollars, which was the quota assigned
Augusta. This county having refused to vote
the subscription, as it was expected she would
do, efforts have been made TO raise il elsewhere.
Friends in Baltimore, discouraged the effort to
raise this amount there, and he saw no hope of
raising it along the line Of the road. He had
proposed to subscribe tie two hundred thou
sand dollars himself, on condition that he
should be permitted to divide this amount of
stock among the contractors when the road is
let
He had received letter from the Pres-
dent Dir. Robert GARRETT, in which he says
that this last proposition conflicts with the
terms Of the subscription Of the city of Balti-
more.
Colonel Hartman said that he was really at a
loss to know what to propose.
The letter Of President Garrett was read TO
the meeting, and seemed to be generally con-
stTucd as virtual abandonment Of the enter
prise.
Judge Shelley did not regard Colonel Har-
mans proposition as at all conflicting with
the terms upon which the city Of Baltimore
had voted to subscribe to the stock of the
Valley Railroad.
If our Baltimore friends have the will they
can very easily find the way of arranging all
this. 1t would be burning shame if, after
raising so large an amount for this great work,
we should now fail for lack of the compare
lively small sum Of 100000.
lie thought that the matter could be salts
Gactorily arranged BY a conference with the
authorities in Baltimore.
Colonel William Allan was disappointed at
the tone Of Mr. CARROTS letter. Il looked as
II be meant 10 abandon the enterprise. He
was not disposed to cast any censure upon Mr..
Garrett but we must have a railroad, and if
he cannot devise the WAYS and means Of build
lug it. we must look TO those who can
Rockbridge had done all that could be OK
pectcd of her and if Mr. Garrett proposes now
10 fold his arms he would lax to tIo Cbrsa-
peake and Ohio Railroad and sec if thew are
not willing to take the charter iof which for
tunately. we and not Mr. Garrett have the
cortroI and build The road lie ofarod Tho
following;
8. Whereas We have reason f., I,,;o,o u,,.
Tho Clcsancac and ONO Ra;lrood C,r,r ,-,",
i yillir ~ r;3 nc IL, ,-,r',ij, it f,,
,ysrj is Vs,Icr Pg ~ -, c'' '"' ' ~
" RcgClvcd frI,+ we gnn,;r. co,,.r;,too IF
four 49, c,,fsr ,,i.L .l - Ci.;
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la,t cf 5;s .o W , M, I'm 1T ' 81
c,n 10 mojo sa;J C,maar,. T., ra,.ort e., 49,
adjourned ,ncc,iro Of t,,;s C,r,n,c,. ~ ~.
Ict here on Nav Ia,b. at7 o',Iort p NJ
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