Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1878-12-13
The Valley Railroad.

There would appear to be two corpora
tions anxious for the lease of the
completed portion Of the Valley railroad
one, the Chesapeake & Ohio R. r., and
the other, the Shenandoah Valley R, e.
1t will be remembered that the stockhold-
ers meeting here appointed Messrs. VIM.
Keyser, J. B. Dorman, W. A. Anderson,
Henry Duyal and Gen. Jno. Echols. a
committee to lease for 20 or 80 years
(if any four concurred, and not otherwise)
the completed portion of the road at ST. 200
per mile per year. and at the same rate as
it was completed in sections Of FIVE miles.
Gen. Echols is detained by his legislative
duties in Richmond, but the other mem
bers of the committee met in Baltimore,
Saturday afternoon. 1t being stated that
Gen. Wickham, of the Ches Il Ohio r. R.,
had proposition to make, he was tele-
graphed to-President VIM. Mines, of the
Shenandoah Valley r. R.. was already in
the city. Gen. Wickham arrived Sunday
night, and Ga Monday was in conference
with the four members of the committee
until $50 P. M, and 1t was understood
that while he made no official proposition
from bis company, yet his company would
take lease of the Valley r. b., on the
terms announced in the stockholders
resolutions. After Gen. Wickham left, the
committee still sat in conference, but at
the close the views of Messrs. Keyser and
Duvall differed SO widely from those off
Messrs. Dorman and Anderson that fur.
ther Joint elaboration WAS unnecessaD
1t seems very clear 4 om the papers tfiats
Baltimore and the Baltimore & Ohio r.
r. will agree to no proposition to lease the
Valley r. r. for any length of time, nor
to any for mortgage On the road, and as
they have the deciding voice, all the
action on the recent stockholders meet
ing may be set down as amounting to
practically nothing. 1t is not stated that
any proposition was made at any OF the
conferences by President Mines. AS
sample Of the feeling in Baltimore we
quote. the following from the .''Sun'' of
Tuesday:
The Virginia gentlemen, Messrs. Dor
man and Anderson, were accompanied by
Mr.. Duvall to the mayors Office yesterday.
They talked over the Valley road in gen
eral and the Staunton meeting in par
ticular. and told the mayor they thought
the answer of the finance commissioners
and the Baltimore & Ohio railroad was
couched in pretty strong terms. Mayor
LatIobe answered them that he thought
the Valley proposition for a dissolution
was one of the coolest things of its kind he
had ever seen, and that it deser Jed plain
answer.
The Baltimore American Of Wednes-
day says:
General Wickham, Vice President of the
Chesapeake and Ohio Railroad Company,
returned home Monday night. Messrs.
Dorman and Anderson, of Lexington. Va,
members of the leasing committee OF the
Valley Railroad. returned to their homes
yesterday, having accomplished nothing
by their conference with Messrs. VIM.
Keyser and Henry Duvall.
The ''Gazette'' of Thursday says:
Mr.. William Keyser. vice president of
the Baltimore & Ohio Railroad and presi-
dent of the Valley railroad. left Baltimore
last night for StauntOn, Va, on business
in connection with the proposed lease of
the Valley road.
Up to late hour last night MI. Keyser
had not reached this city.