The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1872-05-29
The Railroad and the Bridge
WHEELING WIDE AWAKE.
4, Immense Meeting and
Splendid Speeches.
What Ohio is Doing for the Road
OpjniOns Of Practical Rail-
road Men.

a.ase last evening was attended by al
-mense crowd of our citizens. The
IN was densely packed and through
the whole exercises, which were
.,inued until half past ten, the closest
:eatiOn was paid and the utmost in
-, was manifested by the people.
The meeting was called to order by
Y, Joseph Bell, who nominated \.
.Aa-d.on, ESQ, for Chairman. W.
Hubbard, Esq, was chosen Secre-
,.y
W. Bell then proceeded to give an
,.oln, OF the history of the Wheeling
Lake Erie Railroad Company. 1t
7 "a: regularly chartered in compliance
n the laws Of Ohio, on the 9th OF
s..l 1871. In September of
r. same year the company
-. organized by the election Of a
.s..ient and Board Of Directors.
A.-- organization the question OF the
sls OF construction came up. There
r..e Two ways OF building railroads
nj vas by the company raising funds
subscription and sales OF stock and
- tuiling the road itself; the other
4, the more usual course was TO let
* !oai out to contracting firm who
/ r.li build and equip the road for q
s.tc sum. The latter course was
-mei most advisable. Cores pond
re was then opened with parties in
p .aielphia who made survey ofthe
Il and then made bid for its con-
.:Ic,ion. The price was considered
nigh and, after receiving various
'ler offers, they closed a contract with
|Ge,.rs. II. B. Wilson and Company
New York, who had been recon,
.lded to them both before and since
agreement as parties worthy OF all
-aience and abundantly able to per-
I'm whatever they undertook to do
e contract was drawn with great
= the best legal counsel being en-
yi to see that the rights OF both
.;rs were properly guarded, and he
e.. / not see now, Notwithstanding all
objections that had been made to 1t
,ome parties in Wheeling, wherein
could he improved. 1t contained
thin. that should have been omitted
b !omitted nothing that it should have
g~ajnel.
M-. Bell alluded to the criticism that
5! Teen made upon the contract by
IrsUnnc,r OF Tuesday morning, in
J. .;'on 10 the control the contractors
,ht have over the road by owning
Is Tie stock. He said the criticism
rs, q natural one and that
objection had occurred to the
mlauy before the execution Of the
tract and that it was amply pro-
let against Uuder the laws OF Ohio
d. local stockholders might vote the
q. amount OF their stock, from the
- Of the organization of Company,
'..e. by the terms OF the agreement,
= contractors would receive their
-;s- as the work progressed. 1t was
s:e'ore impossible for the contractors
aay time before the completion OF
s:al 10 obtain control of majority
le stock. lie alluded to the history
'ar Marietta and Cincinnati road, in
...D the city of Wheeling had suffered
sayy loss. and he attributed the fail
= that road mainly to the fact that
al attempted to build itself and so
2D!ercl the funds. BY the plan
lie Wheeling and Lake Erie Com
lyiac money is placed in the hands
'-'lonsjblr trustees, to be paid out
X = earned by the contractors,
u he thought it would be impossible
lie City Council, the contractors or
9'hrr person to defraud the local
's'.'ers OF the money paid in. He
.Iot share in the distrust that had
=. expressed by the Mtelltgencer con-
u the members Of the Council
-;' was nothing to justify or give
o such q suspicion, but the mem
= % Council, in order that the sub
:.nn might not be embarrassed by
'rc,ions that had been urged, had
~'a.au.y signed the paper which he
l'oceeded to read with the sigma
: attached:
'-r undersigned members of the
--0I OF the city of Wheeling, actu
~ only by desire to promote the
1'v and protect the interests of the
lsEeby pledge themselves, in case
.,'cTlp,lon is authorized by the
'hgf the city on the first day OF
the Wheeling and Lake Erie
- that before such subscription
nil We will demand and require
"A:i0Ty security that the money OF
.'y snail be expended on the east
:" Tue road, and we will not make
subscription until satisfactory
''uce ls given that the road will be
.I'I Branch-A. j. Pannell, A.
o' o'yl' |. T. Shalicross, D. Schambra
"''"eFiieId, J. NJ. Ewing, A. Wiede
~, .:. ). ". Boring, n. Reister, W, Ii
yT:.'on, 4. Z. II. Booth, A. w. Kelley
B. Allison, B. F. Stanton.
,VoDd Branch-N. w. Phillips, j
:NJ. Altmeyer, J. G. Smith, R
.t'on, J. Clator, G. Baird, Thomas
'iso, J. Howell, c. Viewig, B. F.
,'sI, o. j. Crawford, J. NJ. Adams
= Lancaster, J. B. Sheppard, ]
,sso9'y, P. Smith, E. Weisgerber, S
I,sthouse, G. Forbes, r. H. Hazlett
conclusion Mr.. Bell said that h,
10 Interest in the proposed railroad
~ >, as citizen of Wheeling. II,
y 'si 1.-The the prosperity of the whole
Everybody knew that to be o.
use the railroad must come into
!. ny; It must not stop on the othe,
IA, !" the river; and therefore the
o enterprise was inseparably con-