The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1878-08-09

iblc 10 combine with sound busiucs.
management, can not expect. Ia these
days u business Oppression. even 10
protect itself rom encroachment. to saw
nothing of earning any dividends: cor
lsoGncniiy we find on every hand de-
serving enterprises al siandssill wait
ling. Micawbcr Ike for something ito
,u:n up; not alone because OF Tie times.
bui rather for lack ofenergetic and 81 ise
bus ness management. That the rivlt
men IN the right places. even In tncs.
times, can achieve success in The ,irrc.
tion OF developing enterprises that for
lack Of indicious push have laid idle or
20 Sc than idle. Is conclusivelv shown
~ the recent tisior, Of the Cincinnati.
iiockport and Southwestern Railroad,
which about ~ months since came INFO
the hands of w. q lockwood. Ed. as
Receiver. Mr.. lockwood found the
roadbed and rolling stock in bad condi.
ZION, 50 much 20 as 10 render travel nm
safe. and he also found large noatipv
de.t 10 add 10 the roads e,nbarra sscd
condiiion. With rare comprehension
OF the possibilities Of the enterprise. tl,e
Receiver, with masterly hand. grasped
the opportunity. aud during the frat
year Of his receiver.hip the road. after
paving ifs running expenses and putting
iis machinery. rolling stock and roadbcd
IN excellent condition, netted over
5000 Up 10 the present time 27l
miles OF road have been completed. the
last two miles just finished running 10
within four miles of lIuntingbnrg hav-
ing been paid for, together with the
iioafing debt, from the earnings, which
are largely in.advance Of last year.
Early this year the road was taken
out Of The Receivers hands and placed
under direct contrul Of the corporation.
Much Of the stock having changed
hands. the entire management was
|chnnged. and Tie following gentlemen
were elected a. is officers:
Prcsident-Joscph Kinsey, Esq. Gin
Icinnaii.
Nicc-President Geo. r. Eager, Esq,
Boston
Treasurer--w. Q. lockwood, Esq. In
|dianapcli>.
Sccrcf,ry-E v. Cherry. Cincinnati.
4 new loan VI $4,000 has been nego-
iated. secured by first mortgage on The
eIi ire liic, bearing interest a d Der cent.
~old ah OF this amount. abont S2o5 Uy0
has bean appropriated 10 fund thc old
and the balance will be
used g complete The road There eau
be little doubt that lis present energetic
management viii lave the rails aid 10
lluniingbnrg early III the fall. and when
thar point j. reached il can easily earn
the interest on iis bondS.
When The road shall have reached
jasper. Which i only question Of time,
the finest block coal region IN lie coun.
try i by VA, of illis rnnl 10 gockport
brought sfv miles nearer New Orleans
and u'iYrf lar:sr southern coal markets
than i'itt~bnrg. from which Tie southern
supply noM chiefly comes The iaciii-
iie- ior shiplncut from Rockport down
the river afc tar iuore reiii,lc A. 10 depth
~ uricr than 10 the Upper Ohio. wher.
navigation is NJ times pral { liy Sis-
pended. !sN eminent tcs,iinon, II has
hrril rsia liShrd that The ,Oal near Jas
rrr. 10 Dubois md Spencer counties. IL
Hncuiialei in The United States. aud BE-
Ing tho nearest >uynIy cf hi. Q,ialt, nf
coal ~ 81. Iun.. New ORLEANS aud The
whole Southern market. an Immense
nnd cpni.nunus icinasli j. assured.
Did nur space permit we might 20 on
and enlarge more fully upon this i'm
p"riani enter prise. now being 80 success
fully developed. but suffice il 10 say NJ
present Ihaf there seems 10 br hliyht
future before Ills rusl. and vr cheerful
IN give The ab1vr iaris aS Az encourage
'ncnr 10 capital. il,r' 4, nay De more
employed u develop the i'm
'ncAi~e resources M the great southwest.