The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-01-07
Ktna non and Nail company.

At the annual meeting Of stockholders
held in the Office Of the company, the gen.
temen named below were elected o Board
Of Directors ior. the current year: W. W.
Holloway, "A. q. Robinson, L. Spence b.
?. Rhodes, ]. r. Mofat, Aug, Pollock
and Lewis Jonea.
All these gentlemen, with the exception
Of Mr.. Pollack, were. in tho Board Of 1873.
The report Of the Board was highly com.
plimentary to the gentlemen who had In
charge the active operations Of erecting
the works. The report sets forth the
unexpected additional cost Of construction
arising from delay In obtaining portions
Of the machinery and other causes which
hlndered the progress Of the work and
yet compelled the company to retain those
employed upon the buildings They also
set forth that tho sudden monetary crisis
which came upon the country retarded
the sale OF stock, so that the company
had mol been able lRt once to command
the amount Of money calculated uponior
the 'tull equipment Of tho works. They
had, therefore, resorted to the issue Of
bonds 10 the amount Of one hundred thou.
sand dollars, bearing eight per cent inter.
eat and to run ten years, with optional
privilege Of taking them up at any time
alter 1876. They had deemed II advisa.
bic to pursue this policy in order that they
might avail tho company Of the very low
prices Of material which nov rule. The
action Of the Board Of Directors was
unanimously approved. The stockhold.
ers also passed a resolution which smacks
very loudly NO doubt in the ears
Of their enterprising Martinsville neigh.
bors. 1t seems that Etnayille Is
rose. between two thorns, to-wit
Martins Ferry and Bridgeport. Both
have been dallylng with tho young Etna,
but SO far she has been seemingly dis.
posed TO singleness. She thinks there 10
too much cornaeld between her and Mar.
tins Ferry and too.much Of length with
out breadth between her and Bridgeport,
and so positively rejects the suit Of either.
Either from the well.known, ambition Of
the fourishing village Of Martins Ferry
to take under its protecting wing all the
streak Of territory on the river from the
Ohio City NH to West Wheeling, or
from, some other ardent manifestation ,
young Etna suspected that the Roman
trick ofthe Sabine Rape was about to be
enacted, and hence the resolution re.
Gerred to was passed to.wit:
Having learned that the citizens Of Mar
tins Ferry have made application for the
incorporation Of the Village of IEtnaville
as part Of said town Of Martins Ferry,
therefore,
ReSoIUed, That the officers of tho Etna
Iron and Nail Company be and are here
BY instructed to resist said application by
all fair and lawful means, by remon-
STRANGE or otherwise, and that they be
authorized 10 employ counsel, If in their
opinion 1t should become necessary, in
furtherance Of the object of this resolu-
ton.
Mr., Lewis Jones, the practical mana
ger of the manufacturing department has
succeeded in obtaining a mixture for their
iron, the product OF which cannot be OK
celled anywhere for toughness. Under
the punches 1t cuts like lead, when bars
are partially cut and then bent the iron
shows fibre as close and fine as any VIC
ever looked at. Their coal proves to be
OF the finest quality for pudding and heat.
ing purposes surprising all expectation in
this respect. tgss