Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1879-01-09

Dec;l 1873 1sl7OO l7OO-75-,a7.
For information as to the holders of the
bonds. reference IS hereby made to the /
books of the Company.
At the present time, practically all the |
Bonds amounting TO $500, 600 1st mort /
gage. and $3.50. 600 I'd mortgage are within /
the control of the Company; provided /
some. means can be devised to pay the |
debts for which the same have been hy-
potheeated, within short time.
The road is not vet completed, although |
il has hee'l, in detaehmenfs. and on the
whole line, running trains for eonsid-
erahle length OF time.
The earnings of the - miles of opera
ted road between Jackson and Waverly
previous TO the 1st of November 1877, had
reached the sum of 81 .324 50, and the
earnings OF the same portion of roaafronl
tbs. .1Sf of January. 1878 were 81 ISL 81.
and the earnings of the part of the road
operated from January 1st to August 1st,
| 1879, were $II.2s9. .56. At this date, the
whole line was opened for traffic. and du-
| ring the mouth of August the earnings of
tile road amounted TO 50, ,7l9.47: for the
month of September, to $6,3I9. .54; for
the month of October. to $10,00E72: for
| the first three weeks of the month of No
vernber, to SO, ,14S.29, and not including
| some freight bills settled semi-Inonthiy.
Until the 9TH day OF August last, the
trains upon the line were run with the
special view to construction, not making
| an effort to do public business; the bus
mess oniv being done to accommodate the
| people along the line.
| About September. 1873, it was deemed
| advisable, by the present management, to
| issue certificates of indebtedness-after-
| wards known as 'tscrip''-Whfch have
been Issued and re-isSued from time TO
time, until the greatest amount in circu-
| lation at any time had reached $29, ,724,
that being in August, 1873; this scrip is
retleemable in payment OF Stock subscrip-
tions, freight and passenger fares.
| When the trains began running reg
nlarly, the receipts of the road were
largely scrip. Since the 1st of August
last, the Company has withdrawn from
circulation, and destroyed, by burning,
$10,016 of said scrip, leaving 81, 2,186 in the
Company's hands, and 81, ,522 in the
hands of the public at the date of this re-
port. The amonnt in the Company's and
public's hands changes from day to day
as it is received and paid out.
The work of completing this line and
equipping the same, since the 9Th day of
November, 1877, is as follows:
The Company has built from Jackson
towards Pomeroy, about miles of main
line, and put in sidings and coal switches
to the exteEt of about five miles ballasted
the road between Jackson and WaveFly !;
erected water tank at stSimpson's," 4
miles North of Jackson; put in new si-
dings and water-tank at Waverly; gra-
ded trestled, bridged. ironed and baIlasted
the road from Waverly to Bainbridge
erected a water-tank at the Summit;
erected a depot, Water-tank and turn-ta-
BILE, and put in sidiugs at Balm bridge; fin
ished the grading, and bridged, trestled,
: ironed and ballasted the road from Balm
bridge to Greenfield; erected depot and
water-tank, put in sidings and finished
the depot grounds at Greenfield; graded,
: bridged, trestled. lroned and oallasted
= the road from Greenfield to Washington
! completed the depot grounds, erected de-
pot, water tank, and turn table, and put
2 in siGings at Washington; finished gra-
ding, trestling, ironing and bal
t Charleston; erected suitable depot anG
f put in sidings at Jeffersonville, South So
Ion, and Charleston, and ballasted the
road from Charleston to Springfield pur
chased suitable depot grounds, and nearly
| completed the main line and sidings intC
town convenient for business, at Spring
field; has also erected Il water-tank, anC
put up repair shop with machinery anC
equipment, which are nearly completed
n at Springfield.
A considerable amount of fencing ha
:, been done along the line, and telegraph
d line has been begun, and most of the ma
" terials secured for the erection of tn
;, same.
e Since the 5th day of November, 1877, t
e December 1st, 1873, this Company ha
n purchased 4, ,6s5 tons of iron, bolts, spikes
}, spices and washers for same, at a cost 0
d $l99, ,296. II added nine new locomotives
l. costing $52, 1922. .23; A box cars alta cost o
k $15, $40; passenger cars costing 81, 900
q l22 HAT cars at a cost of $29, ,2S0; 80 Goa
7, cars at cost of 81 $50; and l04 fat car
have been converted into coal ears; and
n large amount of material, such as iro
Z and lumber, has been purchased and use
IS in the construction of the road, other tina
lie heretofore mentioned.
II STATEMENT
Of the condition of the Springfield, Jacl
= son and Pomeroy Railroad Company, 9
'e shown by the books of the Company, o
. the 1st day of December, 1873: