The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1874-03-05
Southern Transcontinental Railway.

- ',
Southern Transcontinental Railway. j..
The. Washington correspondent Of the At
lanta ,(Ga.) Constitution gives the following
sketch of a gigantic railway: project under the
above name: .a,-..
:..,r ,,.., -. WASHINGTON, February IA, 1874.
a bill of some interest to Georgia was intro
ducced ii tie House q few days ago by Mr..
Vance, Of North Carolina. It is entitled "a
bill to incorporate branehesof the contemplate
ed Southern Transcontinental Railway Compa-
ny, under the name and style Of the North
Carolina, South Carolina and Georgia Exten-
sion Railway Company" -. ;.
The bill provides that the North Carolina
Railroad Company, the companies of the
Eastern and Western Divisions of the Western
Charlotte and Rutherford Railroad Company
of North Carolina, the Spartanburg and Union
Railroad Company. of South Carolina, and the
Greenyille and French Broad Railroad ,Compa-
nv of North and South Carolina, together with
a company which may hereafter be formed of
citizens living in the States of Georgia and
Tennessee, aad others associated with them, or
any tive Of said companies, are hereby author
lied to consolidate and form company, which
company shall constitute body corporate
and polite with the usual powers granted
thereto. ..,- -. i= -ii....
The object of the company is to construct
and establish with railroads already constructed
or TO be constructed complete and continuous
railway communication by way of Asheville,
North Carolina, and Ducktown, Tennessee, to
Dalton, Georgia, or some other point on the
railway from Atlanta, Georgia, to Chattanooga
OF Cleveland Tennessee, as may hereafter be
determined by said consolidated company, and
to the Wolf Creek depot on the Charleston,
Cincinnati and Cumberland Gap Railroad, in
the State of Tennessee, and from Asheyille,
North Carolina, to Spartanburg, South Carroll.
ma, connecting the ports of New Berne and
Wilmington, North Carolina, and the port of
Charleston. South Carolina with San Francisco
BY way of the contemplated Southern Trans
continental Railway, which will have its be-
ginning at point on the western bank of the
Mississippi River, not exceeding ten miles from
the Arkansas River, in the State of Arkansas,
and its terminus in the city of San Francisco
by the way of Little Rock, Arkansas, the
Sanpre de Cristo pass and Utah Territory.
Section B provides that this company shall
have power to consolidate upon such terms as
may be agreed upon between the parties with
any railroad company or companies hereto
fore chartered by Congressional or State au-
thority.. 'ai.4 4'7's'rs. -,
Section 4 provides that said company shall
have power and lawful authority, first, to con-
struct, use, and maintain railroad from the
present terminus of the eastern division of the
Western North Carolina Railroad at Old Fort
Depot, in Mcdowell County, North Carolina,
to Dalton, Georgia, or other point on the rail-
way from Atlanta, Georgia, to Chattanooga, or
Cleveland, Tennessee, by the way of Asheville,
North Carolina and Ducktown, Tennessee, and
also from Ashevile, North Carolina, down the
French Broad River, to Wolfe Greek, Tenn;
Secondly, to construct, use and maintain
railroad from the present mining terminus of
the Wilmington, Charlotte and Rutherford
Railroad at Buffalo, North Carolina, by the
most practical and direct route, by the way of
Rutherfordton, North Carolina, to point on
the Western North Carolina Railroad, at or
near Asheville, North Carolina, and connecting
with said railroad; this day to construct, use
and maintain railroad from the present termi-
nus of the Spartanburg and Union Railroad in
South Carolina, by the most practicable route,
crossing the Blue Ridge at Butt Mountain Gap,
TO point at or near Asheville, North Carolina,
and connecting with the Western North Caro-
lima Railroad at the most practicable point.
Fourthly, to make running arrangements with
any railroad companies heretofore chartered or
that may hereafter be chartered by Congress
sioonal or State authority. Filthy, to purchase
lands or other property for the purpose of car
ryying out the objects of said company.
The bill further provides that the contract OF
purchase or consolidation shall be on such
terms as may, be agreed upon by, the contract
ing parties, and that the words purchase or
consolidation become oneincerporation, TO-. be
+L 10
and Georgia Extension Railway. Company.
This Incorporation is to assume the indebted
ness Of all the roads comprising the company,
and is to have the power to issue bonds from
the time above the capital stock of the compa-
nv until the work is completed. When ten
miles of the road are completed the Chief
Engineer of the Company shall so certify to
the President of the United States, who shall
then appoint three Commissioners to examine
the same. and if the work is we'll done so re-
bort to the President, who shall direct the
Secretary of the Treasury to endorse the bonds
of the company, provided they have first been
ordered by the Treasurer of the State of North
Carolina. The bonds thus ordered are not to
exceed the amount mot stately required to
hl,ild 400 miles of road. The capital stock of
the company is not to exceed S3,0O0,000, to be
divided into one hundred dollar shares. The
principal. Office Of the company Is to be at
s Hsheyille, North Carolina. The road, when
completed, is to become post route, at the
minimum charge for such service, and is to
transport troops, munitions, supplies, etc., for
the United States free OF charge.
The bill to incorporate the Southern Trans
continental Railroad Company, introduced last
month BY Mr. HoughtHn fo Of Gatefna fae Ps
ciic Railroads with amendments, appropriately
follows the bill of which an outline is given
above The line contemplated is in the Arkar-
sas Valley and Colorado River in Utah Terrific
rv and thence "by the most feasible route to
San Francisco"
The amendments prohibit the company from
consolidating with any competing line Of roads
between the Mississippi and the Pacific Ocean;
provides for forfeiture of all the rights grant
ed by the franchise in case the road is not built