South Branch intelligencer. [volume] (Romney, Va. [W. Va.]) 1830-1896, 1871-07-21
To the Voters of Romney and
Springfield Townships

You have been called to vote upon the
question of subscription, GU the part of
your respective townships, o: Ten Thousand
dollars apiece, to ''Tbe South Branch Rail-
way Company" on Saturday, 29ih July,
instant. Tue law provides for these sub
scriptions in bonds TO bear eight per cent
interest, aud redeemable, by sinking fund
created for the purpose, in the term 1T
twenty years, for which the Townships will
receive certificates of stock in the Compa-
ny, at par value.
IL Is not necessary To enlarge upon the
eminent advantages and prospective bene-
fits our two Townships are TO derive from
construction of this important and desra-
BILE Road. Ii Is but common experience,
that Internal Improvements develop to the
fullest extent the resources Mineral and ag-
ricultural Of those countries they traverse,
and certainly enhance value OF real estate
aud increase population and personal pro-
perty, as the subjects of taxation.
The taxable property If each of these two
townships is now nearly Five Hundred
Thousand dollars-in gross almost One Mil
lion oe dollars, and, with this road construc-
ted, we may reasonably anticipate an &C
cessiOn of full one third to present valua-
a Railway from Baltimore and Ohio Rail
Road to Romney, in a distance of fifteen
miles, costing in round numbers One Hun
dred Thousand dollars, will increase the
value of property in the two townships
through which it ia to be constructed more
than Yhree Hundred Thousand doLIctrs
1t is understood, moreover, that fully half
of amount required for construction of the
Road, and It's entire equipment will be pro-
vided for by the Baltimore and Ohio Rail
load Company.
You arc further desired to keep in mind
that even with this hberality shown by that
great corporation, and the utmost efforts be-
ing made for individual subscriptions, the
subscri ptions of the two townships are sill
indispensable to the success of this enter.
prise If we lose this opportunity, with its
attendant advantages, We may not have ano-
tbcr in the lives of the present active busi.
ness men of our toTnshipS, to whom this
work should be as desirable as it can ever
afterwards be to succeeding generation.
TIE very length of time required for extin-
gushing tho Bond Debt wll partition the
! burden between the present and future so
! cquitably that 1T will strike your under
standings at once. This idea cannot be too
strongly impressed upon the whole people
of the townships, since it rests with them
to secure tho success Of this important en-
terpriSe, as they can do by activity, har-
mony and unity of purpose. The failure
Of these subscriptions may defeat the con-
struction Of the Road, which certainly no
liberal or pubic-spiEited man can honestly
desire.
The Ten Thousand Dollars subscription
of each Township bears interest Of Eigh,
Hundred D,llars, which will be met by
stock dividends probably after the FIRST
year, while the sinking fund to extinguish
the bond debt requires but five hundred
dollars III the first aud continual diminu-
tion in succeeding years.
1t is rational and just, that a fair, pro
rata taxation of property be imposed in be-
half ofan Internal Improvement from which
ALL-rich aud poor, and representing all
classes of industry, are TO derive positive,
apparent benefit, and the proposition for
subscriptions of the bonds of Romney and
Springfield Townships, in the present in
stance, appeals to the libcralty, public spi.
rit and sense of justice of every voter with
10 their respective limits
We pray you, therefore, to attend the c.
lccilons at your usual voting places, on
Saturday, 29ih July instant, inducing
your friends and neighbors to accom- pany
you, and to cast your votes en- nlaSsc for
the subscription, convinced as we are, that
It will bo attended with the best results and
favorably affect the material interest and
welfare of our entire community.
MANY CITIZENS.
Romney, July 81, 1871.