The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-04-15
PITTsBURGH sOUTHERN RAILWAY.
Meeting Of the IneoFpoFaIOrs Al the ne
Lure House YesIeEdAy-On TO the Ore
YIeIdsl-An Encouraging start

Lure House YeAIsFdAy-On TO the Ore
YIeIdsl-An Encouraging start.
The project OF building railroad from
sons point on the Pennsylvania State line
through West Virginia to the iron ore and
coal fields Of the New river region OF this
State and the James river Valley Of
Virginia, was mootsd some years
ago, but the resources oil that region
not being known to the outside world
It was found 10 be q difficult
matter to interest the capitalists in the
enterprise. The matter, however, was
talked up and kept alive by agitation in
local meetings and through the news |
papers. The Pittsburgh merchants at
first doubted the statements made TO them
OF this new Eldorado, and finally, to settle
the matter and to convince themselves
they sent competent judges out to explore
the region. Among those who Travelled
over the proposed route were Dr.. George
?, Hays, formerly President OF the Pitts
burVh Southern road, aud Major I.
Brent, Swearipgen. These gentlemen re-
ported what they had seen, verifying all
the statements made regarding the rich
ness Of the country In iron ore, which
fully satisfied the Pittsburgh capitalists Of
the desirability OF reaching the fields. A
charter was Immediately prepared and
sent out for signatures, and alter nearly
eighteen months absence 1t was returned,
aud certificate oil incorporation issued
from the Secretary oil States Office on
April 8, Of the present year.
Tha charter specifies that the road shall
be narrow guage, starting from o point
on the Pennsylvania State line, In Monon'
gala county and running through this
State until It inteueCts the Chesapeake
( Ohio railroad. The line OF the road is
projected through the counties Of Monon'
Islia, Preston, PoCahontas, Greenbrl Ter,
Summers, Monroe, Mercer, Taylor, Marion
and Randolph. The route, however, Is
subject to change by the company in
such manner as they decide will be for the
best Interest oil the road.
The capital stock oithe company, which
Ia to be known as the Pittsburgh Southern
Railway, Is fixed at $780, 900, with the
privilege Of increasing the same to s., OOO,-
600.
Yesterday afternoon was fixed upon for
the meeting OF the interpretations, and &C.
, Cordingly number Of the ipCorporatorB
met at the MCLure Hotel, among whom
were James II. Hopkins, W. L. MCCand.
! less and - MCCabe, OF Pittsburgh, ]. W.
, Rowland and o. W. Mackey, Of Philadel.
: phia, aud B. l.. Butcher, otthis city. The
!, lnCorporators meeting was organized by
! eleCtng James II. Hopkins President, and
' B. L. Butcher Secretary.
i. A letter from John W, Mason, oil Graf
/ ton, one OF the inGorporRtors, was read, In
I which Mr.. Mason expressed his sympathy
b with tho pro jeCt and faith In the utility Of
! the road when completed. He impressed
q upon the iucorporRtors the necessity Of
Immediate action In the matter, as he pre-.
I ferred that the present company should
|. have the control OF the road. He added,
3 that II the present company was not wide
}. awake 10 the importance OF taking early
!. steps in building the road another COM
8 pany would step in and torestall them.
o The subscription books Of the company
Y were then opened and 5000, 900 Of stock
was subscribed immediately, taken by the
" following gentlemen: James II. Hopkins,
Y = 8, 800 shares; J. W. Rowland, 5000 shares,
,. and --- MCOabe, 5000 shares Having
a complied with the provisions Of the law
a governing incorporated companies, 1t was
a decided that Immediately upon the ad.
a iournment OF the inCorporators to hold O
\ meeting OF the stockholders for the pur'
a pose OF eleciing Board Of Directors.
The meeting'of the stockholders result
!, cd In the election OF Board Of Directors
Of Eve, consisting Of the following gentle
. men: James H. Hopkins, W, E. MCOand'
j. less, J. W. Rowland, - MCCabe and 7,
. b. SwearinRen. The Board organised by
i eleCting Mr.. MCCabe President and W,
i Rowland, Secretary. 1t was decided 10 call
meeting OF the stockholders for next
. Tuesday at the city Of Pittsburgh, In
. which city will hereafter be the principal
: office oil the company. The meeting was
U then adjourned, the gentlemen taking the
q 4:52 train over the 2. W. & Ky. for Pitts
burgh.
The gentlemen from abroad who were
present at the meeting expressed them
- selves as greatly encouraged over the pros
peCts OF the road, and thought that opera
10 lions would he begun at an early day. The
A. remaining 100000 Of the capital stock
WAS reserved for the people along the
', route, and II Ia hoped they will come for
I. ward promptly and take the stock. II Ia
Ia expected that the counties through
- which the road runs will respond literally
10 aud hasten the preliminary work. The
u, gentlemen were confident OF floating
q enough OF the bonds Of the road TO push
. II forward 10 completion, and II remains
!, with the people residing along the line oil
j. the road to give an earnest OF their sym.
- patty and faith In the project by putting
% their hands In their pockets and taking up
n some Of the stock.
:, The road is already surveyed TO Graf.
q ton, but II has not yet been determined
. what the exact route will be- There will
II DO some trouble between Grafton and
II Olarkaburgh as to which town will get The
II road, but We suppose the difficulty will be
!, settled by the Board Of Directors Tor the
!, best intsrest OF the road In obtaining the
- moot direct route. The objective point Of
a. the road at present is the New river and
James river valley region. In the future
I the road may be extended 10 Charleston,
" South Carolina. Itispossible that con.
neCIiOn will be made with the Chesapeake
& Ohio road, at or near the White Sui.
phur Springs. These details as 10 the
q route, etc, hoTeyer, will be decided In the
near future.
n The road starts with boom, and II the
b encouragement received yesterday con.
tinues 1t will not be many months until
A the road is under construction. Hasten
!, the day. II will be Of mutual benefit to
Z Pittsburgh and West Virginia, giving 10
3 the former the advantages Of cheaper ores,
and developing the vast mineral sourCea
/, OF this State.
WALKING advertisements every man,
woman and child who has once tried Dr..
! Bulls Cough Syrup cannot say enough 10
! Ito praise, and this "a the reason why It's