Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1878-05-07
SHENANDOAH VALLEY R. R..


day last. Col. Mann Splitter, of Page, pre-
sided, and Jos. T. Wright and Maj. r. W.
Hunter acted as Secretaries. A committee
on credentials was appointed, and reported
4,2464 shares of stock represented. The re-
port of President NJ lines was read and adopted.
After recountiug in plain and straightfor-
ward manner the reasons for previous delay
in the construction Of the road, the report
stated that the principal difficulties had been
surmouuted in q gratifying manner-the
creditors of the road relinquishing their
claims in so far as to mako them subordinate
to first mortgage for construction purposes
and that contract for the immediate COM
pletion of the road had been entered into
with Messrs. Satterlee & Co., which with the
cordial cooperation of all interested would
soon put the road in running order.
Hon. VIM. Mines was unanimously re-
elected President, and the following Board
of Directors chosen
W. Fl. Travors, A. r. Boteler, Logan Os-
burn, H. B. Davenport and David Billmyer,
of Jefferson U. l.. Bovcc and W. D. Smith,
of Clarke Mann Splitter, of Page; Fl. b.
Harnsberger, of Rockingham; Jno. T. Lowell,
of Warren aud J. Q. A. Nadenbousch, of
Berkeley.
On motion of Col. r. w. Baylor, it was
Resol0ca, That the Secretary of the Sheu>
andoah Valley Railroad Company notify all
delinquent stockholders Of their delinquency,
and that they required to pay up their
stock within sixty days after said notice.
Subsequent to the meeting of the Stock
holders, the President and Board of Direc-
tors held a meeting, at which Maj. U. l..
Boyce was reelected Vice President, B. K.
Jamison Treasurer, and Jos. T. Wright
Secretary. The contractors, Messrs Satter-
lee g. Co., and Mr.. Alfred Creveling, ap-
peared before the Board, and all the articles
of the contract for building and equipping
the road were finally concluded, and the
document signed and sealed.
The contract for the construction of the
road, which We have been kindly allowed by
Vice President Boyce to peruse, specifies
that it shall be built from Martinsburg and
Shepherdstown, the two branches joining at
n point within three miles of Charlestown,
running South abou. 143 miles from Martins>
burg, to Waynesboro' or such other point as
may DO agreed upon on the Chesapeake and
Ohio Railroad. The contractors agree to do
all engineering, graduation, bridging, COM
plote superstructure and buildings, and to
furnish all material and labor to construct
and fully equip the road equal in all respects
to 6rst-class road, and to fully complete it
within three years from the date Of the con-
tract; to construct necessary turntables,
water tanks, car-sheds, engine-houses, ma
chine-shops, stations and signals.
In payment for their work they agree to
take s75, 900 of the bonds of Berkeley coun-
ty, 100000 Of the bonds of Page county,
slSO,5O0 of the bonds of Jefferson county,
and 500, 900 of the bonds of Clarke county
also first mortgage bonds to the amount of
$4,000 per milo of completed road also
$500 of the capital stock of the road for
each mile of road to be constructed exclusive
of that already graded. Bonds to be paid
as the work progresses and material is fur
nished, all material paid for by the counties
to remain the property of tho said counties
until actually used.
The equipments for the road, embraced in
the contract, include four locomotives, four
frst-class passenger cars, four second-class
passenger cars, three baggage and mail cars
combined, twelve box cars, ten cattle cars,
thirty fat cars, hand cars, trucks, &c.
Tho contractors have given 100000 se>
curi,y for the 'full performance of their con>
tract, and have the privilege of running the
road until their contract is completed.
Mr.. John Satterleo, the head of the con-
struction firm, and Mr.. Alfred Creyeling,
who furnishes the iron, the principal con-
tractors, in company with Vice.Presidens
Boyce, were in Charlestown on Friday, to see
about getting cross-ties preparatory to COM
mencing the work at once. From pleasant
interview with these gentlemen We gathered
the information that it is the intention to
begin the work if ties can be obtained, at
Charlestown, by the middle of tho present
month, laying the track, at the rate of about
one half mile per day, and work both ways
on the line Of tho road, their object being
to complete tho road from Martinsburg to
Front Royal by the first of November.
BIsuor PETERKIN's CoNsECRATIoN.-
The Wheeling Register furnishes tho follow
ing in regard to the coming conservation of
Rev George W. Peterkin, Of Baltimore, Us
Episcopal bishop of this State: Tho place
will be St Matthew's Church, Wheeling, and
the time May 30, (Ascension Day.) Bishop
Bedell will be consecrator, Bishops Whittle
and Pinkney presenters. Bishop Dudley
will preach on the occasion. Bishops Kerr
foot, of Pittsburg, and Jaeger. of Southern