Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1876-06-24

president OF the Shenandoah Valley road
has been signed and was forwarded yes
terday to Judge Shelley, counsel Tor the
Valley Company, at StauntoD, Va. Be
fore the lease can be consummated, q
formal lease signed and the road turned
over to Mr.. Mines, the law requires its
ratification by the stockholders OF the
Shenandoah Valley Company, they not
having vested their president with the
authority to lease the road. Mr.. Mines
was in Baltimore yesterday, having re-
turned from Philadelphia, whittier ne
went on Saturday night, and stated that
he had called meeting Of the stockhol-
ders to take place at Winchester, Va,
in thirty days, to consider and act upon
the lease. The preliminary contract
leases the Valley road to Mr.. Mines by
the month, at $4,000 per month, when
the conditions contained in the resolu-
tons adopted by the Valley directors
are complied with, and allows Mr.. Mil
mes, at his own suggestion, ten days in
which 10 place the Necessary rolling
stock and equipment on the road, which
it to be held as security, Mr.. Mines, it
was understood, yesterday was making
arrangements in Baltimore for two en-
gines and other rolling stock, but was
fearful that he would not be able to per-
feet arrangements to begin operations
on the road in the prescribed ten days.
Time has been allowed in the prelimin-
airy lease for calling meeting OF the
stockholders of the Shenandoah Valley
Company before consumating the for
NAL lease.
sD The Baltimore Sun of Wednes-
day says:-
ROLLING SroCK FOR THE VALLEY
RoAD.-Mr William Mines, Jr., presi-
dent and Col. U. L. Boyce, vice-presi-
dent of the Shenandoah Valley railroad,
accompanied by Mr.. p. p. Pendleton,
president of the Valley railroad; called
on Mr. John King, Jr., first vice-presi-
dent of the Baltimore and Ohio road, at
Camden Station, yesterday, for the pur-
pose of making arrangements for the
shipment to Harrisouburg of the rolling
stock and equipment for the Valley
road, which it is understood MIR. Mines
is negotiating for in Baltimore. Mr.
King informed Mr. Mines that the
Baltimore and Ohio Company would be
glad to furnish him transportation for
any rolling stock he should procure at
any time. Mr.. Mines stated last night
that he expected to send engines and
cars forward the last OF the week, but
would not be ready to put the road in
operation for some days after getting
the stock on the road.
sD- When the stockholders of the
S. V. Railroad, at their last annual
meeting, selected the Hon. VIM. Mines,
Jr., of Page, President of their compa-
nv, we felt assured that they had "put
the right man in the right place" and
that something definite would soon be
done to insure the completion of our
road.
The high estimate we had of MIR.
Mines energy, business tact, influence
and determination to make the S. V.
Railroad a success has been fully justi-
fed by what he has already accomplish
ed since he has been at the lead Of the
enterprise.
The important traffic contracts he
has made for his company with the
"Pennsylvania," Cumberland Valley"
and "Nestern Maryland" railroad COM
panies give him good substantial ba-
sis and the best of backing for negotia-
ting the sale Of his own companys first
mortgage bonds all of which is unques-
tionaLly strengthened by his recent sue
cess in leasing the upper part OF the
Valley Road beyond Harrisonburg,
which will save the construction of some
twenty miles or more Of that end of the
S. V. Railroad line, and secure an ear
lier connection with the Chesapeake
and Ohio Railroad.
We copy from the Baltimore papers
the foregoing accounts OF their last trans
action in which it will be seen that Mr..
Mines aided by the indomitable Har-
man, and the irrepressible Boyce,
achieved complete triumph over the
Baltimore & Ohio Railroad Co, whose
dog-in-the- manager policy and gobbling
up propenpi,ies are fully appreciated by
the people of our Valley.
The above arrangement ensures the
completion Of the Shenandoah Valley
Railroad at once. In making the con-
nection from this town to Hagerstown
or Bedington, in Berkeley county, and
a short connection from above Luray,
Page county, to Harrisonburg, the S.
V.R. r. Co. will then have completed
line from lexington or HagerstowD, to
Staunton-about $50 miles-running
south of the Potomac, through the towns
of Shepherdstown, Charlestown, Berry
vile, Front Royal, Luray, Harrisonburg
and through one of the most fertile and
productive sections Of the Valley OF
Virginia. Mr.. Mines, the energetic and
nerseyerinp President Of the S. V. r.