Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1874-10-17

IMPORTANT REPoRT.-We have seen
q letter from London which contains
the item of news that the Valley Rail
road has purchased the franchises of
the Shenandoah Valley Railroad, by
which the Valley company acquires the
right to extend their road to the Ten
ncSsee line The charter of the Senan-
doaA road grants the right to construct
railroad from the town Of llarperS
Ferry in the county of Jefferson, to some
other point on the Potomac river,
through the counties Of Warren, Page
Rockingham and Augusta, to point
on the Southern boundary of the State
Of Virginia, between Bristol GoodsOn
and the western line OF the State Of
Virginia, said point to be selected by
the said company
This statement is from very good au-
thority, and its correctness is rendered
the more probable as Mr. John w,
Garrett, the President of the Baltimore
and OHIO Railroad, is now in England.
-RicimoHd Di,paich Of Tuesfny.
The foregoing statement may be
from very good authority, but we are
authorized by one Of the officials OF the
Shenandoah Valley Railroad Company,
who Is perfectly conversant with all the
operations of the Company. TO state
that there is no truth in the report that
the Valley Railroad has purchased the
franchises of the Shenandoah Valley
Railroad. More than six months ago
an injunction was awarded, enjoining
the Stockholders and Directors Of the
Shenandoah Valley Railroad Company
from holding any meetings or trans
acting any business appcrtaning TO the
Company, consequently it has been
absolutely impossible for any sale OF the
franchises of the Company to have been
made even if it had been desired, but,
OH the contrary, we are cre'lbly IN
formed that no idea has been enter
tanned by any one connected with the
company TO dispose Of its franchises TO
any party or corporation, bnt those con
trolling the Company are DESTROYS OF
having the Road constructed, and they
well know that ii the franchises of the
road should ever come in possession OF
either the Valley Railroad Company, or
It's patroa. the Baltimore e Ohio Rail
road Company, that their object would
he. MT 10 cdasruct. brfio dcsiroy, at
least that part ofthe Shenandoah Valley
Railroad in mtich arr people are most
f4iy inisresteH l. G., from lis Northern
terminus TO the Chesapeake and Ohio
Railroad.
We have always been warm friends
Of the Shenandoah Valley Railroad, and
whilst An effort is being made by the
enemies Of the road to destroy ii, and
whilst they are continually asserting
that the road is dead, we yet have con
gdencc that, ere long, satisfactory ar
engagements will be conSummatcd to Sc
cure the construction of the road
The important question for the Com
pany now to consider, is the dissolution
Of the injunction pending against it i'll
the Circuit of Clarke county, and we
have been assured by the legal officer OF
the Company, that the case Will be con
sidcred at the ensuing term of said
Court, commencing on the 18th inst,
and that he mas entire confidence in the
opinion that on its hearing, the Court
will dissolve the Injunction, and the
Company will then be in condition to
perfect negotiations which have for
some time been pending for the early
construction of the road.-Uarrsa Sen
Hn,I