Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1875-01-15
m'1}hs Nfnhftator~
:a9SsE 1919
FRIDAY MORNING, JAN. Is. 1875.
E.OGaI
-----4--- --o>y>~---.~0r>~~-~l>o
VALLEY RAILROAD MEETING.

A LIVELY TINE AMONG THE RAILROAD
MEN-THE VALLEY MEN OUTWEIGIITED
"A PROPOSITION FROM PRESIDENT BIC
KLE TO LEASE THE COMPLETED ROAD
OBSERVATION-DISCLOSURES OF RESIGNATION
GIVEN BY PRESIDENT GARRETT-EX-
TORTION ALONG THE ROAD AND PLUM
TONS SERVED,
&C., &C., &C.
Tuesday was day cram full of events
for Staunton. The evening before Pre-
sident Garrett and the proxies of the
| city of Baltimore and the Baltimore &
Ohio R. R. had arrived, and in the night.
the caucusing at the Virginia Hotel and
elsewhere was lively. The Board of Di-
rectors had held warm session up to
midnight, at which it was ruruored the
Valley men and the Balti1Asre & Ohio
men had talked plainly, one of the latter
having been good enough to say that IF
the Valley Railroad was ruined, one of the
Valley directors (Col. M. G. Harman)
would have the credit of having ruined it. 2"
Such talk as that had never been heard in
Staunton before, and the impression was
that the thing must have come to open
war. When morning came the public
anxiety got some relief-about the same
sort of relief that a man with the tooth
| ache gets when he takes Prussfc acid-it
was ascertained that the Baltimore proxies
intended going with the B. & o. proxies,
which gave them majority in the stock
holders meeting. Col. Hartman was still
game, and putting in some ticks for the
Valley side, but the most hopeful partisans
had lost hope. When the hour for meeting
(noon) at the town hall came, the interest
in the matter soon filled the body of the hall
with spectators, who had just received the
mostsolemn impressions outside by witness
ing the funeral professions of bank direct
ors moving to and fro in the streets arrang-
ing for the consolidation of the banks-a
spectacle which the merchants had peeped
at from behind their store windows with
curiosity mingled with awe. Among the
lockers ON in the hall was President Robt.
Bickle Of the City Council, who was bid
der for the lease of the road. The Balti-
more party came in prompt to time, mob
billy dressed, clean shaved, and with pro-
voking clean fresh look about them, hav-
ing a couple of nicely dressed secretaries
with them. They seated themselves in a
stage corner Of the hall, and one Of them
took up a copy Of the Baltimore Gazette"
Of which a large number of copies had
been placed in the hall, and commenced
reading an editorial therein, in which
there was an intimation that the Valley
counties had not acted in good faith, and
had rather defaulted Oh their subscription.
The gentlemen in the Baltimore corner
were President Robt Garrett; VIM. Key
ser, Vice President OF the B. Il O. r. r.:
Decatur H. Miller. the proxy of the city of
Baltimore, r. Norris, Jr., and p p. Pen
dleton. The leading men on the other
side. were Hon. Jno. Randolph Tucker,
Col. M. G. Hartman, Senator W. d. An
derson of Rockbridge and j. E. A. Gibbs
of the same county.
THE ORGANIZATION
was effected by the choice of Judge VIM
Mclaughlin Nominated by Col. Harman)
for Chairman and Mr. Heber Ker, one of
the Staunton proxies, for Secretary, Capt.
Geo. E. Price, the Secretary of che COM
pany, being still unwell. The roll was ex-
amined, and it was found that large ma.
jority of the stock was represented.
THE REPORT OF PRESIDENT GARRETT
was submitted, and gave statement of
the affairs of the company up to October,
but not later. The facts of the financial
condition OF the company are familiar to
the public, having been published several
times lately, and the only new fact in the
report was that there are only So. IA cash
in the treasury, Mr., B. w. Burke, one of
the otaunton proxies, called fol- the read
ing of the items in the report, but it being
very lengthy, it was on motion of Mr..
Chas. A. Davidson of Rockhridge dis
pensed WITH
WHAT is DUE.
MI. Keyser, one of the directors, said
the meeting had been called unexpectedly
to the Board. On the suspension of the
work. the Chief Engineer had received in
structions to ''take up'' all the work, by
which an estimate of the Indebtedness
could be made, and had only finished the |
work last night. The President had not |
yet received the report, which was not
ready. He moved that the Presidents re-
port be referred to committee. to report
at an adjourned meeting, when all the
facts about the state Of the company could !
be shown.
Col. M. G. Hartman said the Chief En-
gineer was in the city, and moved that he
be sent for and requested to make state
ment of the condition of the road. The
effect of Mr.. Keyser's motion would be an