The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1872-03-20
Northern and Southern Railroad.


The following article and address
were sent us with the request that we
give it a place in the REGISTER, which
we do with great pleasure:
From the Clarksburg Conservative.I
We are highly gratifed that the pros
poets OF making this very important
line OF railroad, are very flattering. In
fact, there seems to be no doubt OF Its
construction, if the citizens along its line
will act in a spirit OF liberality in assist
ing 10 raise the necessary funds. 1t
seems that large sum is not required
of them. One million dollars is proposed
to be subscribed by the counties upon
the line Of the road sum which they
should not hesitate for moment IN
raising, for they are amply able to do so.
We are truly glad that the counties are
beginning to be aroused on the subject.
Kanawha county has held meeting
and resolved to subscribe S250,OOO.
This county is active. On Monday last
the Board OF Supervisors unanimously
ordered an election to be held upon the
23d OF May next to take vote upon a
subscription OF 100000 by this county.
We publish the order directing the
election, and also lay before our read
ers the lucid and satisfactory address Of
two OF the directors OF the company,
and from the feeling manifested by our
people On the subject we feel confident
that the subscription will cary by an
overwhelming ajority.
To the citizens ofths counties of .Nonon
gala, Marion, Harrison, Le'cis, Brar-
ton, Clay, Roans and Hanawha:
The undersigned directors of the
Northern and Southern West Virginia
Railroad Company take pleasure in an
nouncing to you that stock to the
amount Of 100000, OF which sum about
$34 900 was subscribed by citizens OF
this State and $4,000 by citizens Of
other States, ten per cent. OF which was
paid in, and in December last that the
company was duly organized under the
charter Of 1871 by the appointment OF
nine directors, four Of whom reside in
the city OF New York, one in the State
of Vermont and one in the State Of
PENNSYLVANIA. Those residing out Of
the State are men Of wealth and OF
high character, and are largely in
terested in lands on the line OF the pro-
posed road. The directors have had
two meetings, one in Clarksburg and
the other in the city OF New York
The necessary officers have been ap-
pointed and active preparations are
being made for the building OF the road,
and we are gratifed in stating that such
assurance and encouragement have been
gwen, that leaves but little doubt that
il the counties and citizens that are
rect'y interested in It's construction
will give reasonable aid in raising the
necessary funds, that the road will
soon be made There was a meeting
recently held in the city OF Charleston
by those interested in this great enter
prise, which passed resolutions recon-
mending to the counties above named
TO subscribe to the capital stock OF the
company TO the amount Of one million
dollars, and suggested that the follow
ing sum be subscribed bv the several
counties: Monongalia, $l75,O0h Ma
rion, Sl5O,0O0 Harrison, 5000 ZOO;
Lewis, $I2j00J; Braxtoo, Sjj,O0O
Roane, S25,000 and Kanawha, $3.50,
O0D, making the sum OF 81 100000, less
than four per cent. upon the assessed
value OF the taxable property Of said
counties. By amendment ofthe charter
OF the company passed at the last
session Of the Legislature, the Super
visors may submit the question Of sub.
scribing to the stock o. said company to
the voters OF the counties at any time
deemed proper with such conditions and
restrictions as NAV be prescribed, and
the amount subscribed may be paid in
bonds of the county, payable within
twenty years, the annual interest Of
which to he receivable in taxes 1t will
be satisfactory to provide that the
amount subscribed by each county shall
be expended within the bounds OF the
county and paid only as the work pro
crosses The importance and advantage
OF this road especially to the counties
through which it passes are known to
all, and need not he enlarged upon by
US The fact that, if by the subscriItion
asked the construction OF the road is
insured, will cause large sums OF foreign
capital 10 be lai / out in the several
counties, would cf itself compensate :or
The amount subscribed independent Of
the advantages ofthe road and div denfs
Of the stock. The estimate OF the
engineer who surveyed most ofthe route
shows that there will be expended in
building the road within the counties
named upwards OF 5000, 900 Of foreign
capital. The benefits and advantages
of which any one can estimate. We
state with much satisfaction that in
pursuance Of the recommendation OF
said meeting, the citizens o: the county
OF Kanawha have taken active steps TO
secure the subscri ption by that county
of the sum Of s250,000, the amount
fixed for it to raise, and little doubt is
entertained but that the subscription
will carry by the vote of the county
However active and energetic other
counties may be, Kanawba county can.
not be deprived OF the high honor OF
taking the first stepin the great move
ment. But it is to be hoped that the
otber counties will be enually active
and Jealous in securing the sums
designated for tnem TO raise. The
mple question ia.will e'ch county make
it's subscription and insure the building
OF the road with all its advantages, or
fail TO do it and have no road.
The pecessi,y Of the subscription pro-
posed must be obvious to all, to safety
foreign capitalists that the citizens on
81 a line of the road arc mt onlv ,r;anJly