Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1880-04-15
A Sew Raliruad schene.


thdcr date of Thursday, the Coltirf1-
bus correspondent of the Cincinnati
Enquirer says:
The vote whereby Mr.. Coles Railroad
Pill was lost Yesterday was reconsider
ed to-day. The bill was then referred
To Mr., Bloom, who viii report new
one in its place more in conformity with
the Code.
The bill is in the interest of number of
English capitalists, represented here by
Messrs. Erty and Shoenberger, OF Gin
cinnati. The Englishmen, il is stated,
contemplate investing s25, ,0O0,0 900 in a
new line of railroad from Cincinnati to
Baltimore, following the Ohio Riye- on
the Ohio side as far as Gallipolis, cross
ing it at that place, and running through
West Virginia, and by the way of the
Shenandoah Valley TO Baltimore. They
state that If certain privileges are grant
ed them they will be able to raise all
the capital they desire in England, and
that il is the intention TO build altogeth-
er with foreign money. They ask,
among other things, that they be allow
ed to issue as large bonded indebted
ness in proportion TO the capital stock
as they may see fit and other special
privileges. As An argument In support
OF their bill, they state that the capital
will be furnished BY outsiders who will
expeud $4,000, 600 of the $25, ,000, 600 In
Ohio; that this wealth will be left here
and the people will get the benefit Of Ii,
wherefore the investors should have the
privilege of spending it as they please
They claim also that they ask for moth
ing more than other States have already
granted. The House will probably pas:
1.-The new bill being matured by Mr.
Bloom, who, while he is willing TO al
low the Company to issue bonds as II
pleases, will guard the privilege with
proviso that the proceeds must be ex-
pended In the building and equipment
of the road.
THE BILL PASSES THE HOUSE.
COLUMBUS, April 9th, 1890.
EDITOR JouRNAL:-The House passed
bill to-day to provide for the incOr.
pOration Of Interstate Railroads. Ii
was passed at the request Of Cincinnati
aud Baltimore capitalists, they repre-
senting that they would build Rail-
road from Baltimore to Cincinnati,
tilTUuRu 2udI tduu, IL Sluldy " cSs v IL
gina, and reach Ohio at Gallipolis, and
then the shortest route to Portsmouth,
and then down the river to Cincinnati
The parties claim that The route will be
surveyed this summer.
L. NJ. BEMAN.
The company has already been In
corporated under special laws in Vir-
ginia and Maryland, and under the
general laws of West Virginia. The
ineorporators are ex-Gov. Young. w
Fl. Shoemaker, Chas. E. Ertz ant
John A. Shank, of Cincinnati; Aller
Bowie Davis, Telfalr Marriatt, aud Ed
ward d. McConkey, of Baltimore; ant
ex-Gov. Curtin, of Pa.
This new line strikes the Kanawhs
| river at Charleston, and follows tha
stream to Point Pleasant. Here it cross
es the Ohio river, strikes Gallipolis, cutl
across the country to Portsmouth, ant
then follows the river to Cincinnati.
This road, with the other two already
under way--the o. & w. Va, and the
Springfield Southern-will give Calls
County important railroad facilities, a.
well as add largely to her tax duplicate
Let US have the Baltimore and Cincin.
natl Western Railway.