Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-04-15
PITTSBURGH SOUTHERN.
FlATIERING PROSPECTS FOR THE
NEW ROAD.
Organization and Election Of Directors
Nine Hundred Thousand Dollars
Subscribed-Ths Encouraging
Outlook for an Early
Commencement.

Uutl0Ok IOr dH IdIy
Commencement.
There is no manufacturing centre in
the world, perhaps, which has not heard
OF the valuable mineral deposits OF West
Virginia. There is certainly no iron
man in the Union who is not aware OF
the fact that in the New River region VI
this State nature has stored away an in
exhaustible mine OF the finest iron. The
mineral basket of the Creator has been
overturned in that district and the hills
and valleys bounteously stored with
double share. Pittsburgh is well aware
OF it the Iron City knows that IN West
Virginia is the mineral wealth TO feed
those mills which give her her world wide
name; knows that immense advantage
will accrue to the people who shall first
provide an outlet for that iron; and has
undertaken an enterprise which, with
the helping hand Of this State,
will throw down the barriers
of mountains and place that valu.
able ore directly upon the market.
This enterprise: is the Pittsburgh
Southern road, which bids fair, in the
course OF few months, to bisect the
State of West Virginia and connect
Pittsburgh directly with the Chesapeake
and Ohio road.
Last week the Secretary OF State
granted incorporation papers for this
State to the new corporation, the follow
ing persons being incorporators: John
w. Mason, Abel Fl. Thayer, John Doc.
nan, George w. Brown, all OF Grafton !;
Geo. c. Sturgiss, W. T. Wiley, VIM. B.
Long, A. Fairchild, Hugh w. Brock, Of
Morgantown; G. j. p. Cresap, Geo. W..
Yokum, d. l.. Butcher, b. w.
Crawford, OF Beverly; Sam Woods,
Thomas P. r. Brown, I. A.
Bradford, j. l.. Hall. ]. w. Bos-
worth, ]. w. Talbot, James f. Hall,
Lewis Wilson, J. II. Glasscotk, Isaac
V. johnson, ID. +. Dyer, OF Philippi; W..
n. Riddle, T. Brent Swearingen, Ed. j..
Waring, w. G. .McCandless, j. VI. Hop.
kins. T. b. Laughlin, Reuben Miller, H..
ID. Sellars, S. Bailey, J. w. J. McLain,
Geo. Ogden, II. Holdship, w. B. Lup.
ton, VIM. II. ID. Barr, +. Rahm, III. f..
Collins, John p. Beal, f. V. McCandless,
Alfred Earnshaw and G. l.. B. Fetter.
m IN, all of Pittsburgh.
At that time notice was served upon
the corporator5 that meeting would be
held in this city on April l4th, for the
purpose of opening the subscription
books. The meeting was held at the
Mcclure House, yesterday, only five OF
the incorporators being present, viz:
james II. Hopkins, c. w. Mackey, A.
w. Roland and w. G. McCandless, Of
Pittsburgh, and b. l.. Butcher, OF this
city. Letters were received from John
w. Mason, G. j. p. Cresap, and others.
regretting their inability to be present.
The meeting organized by electing
j. II. Hopkins president and b. l..
Butcher secretary. The subscription
books were then opened, and stock to
the amount Of $500, 900 was taken. The
capital stock OF the road is 81 200, 900,
and it was arranged to have the remain
der OF the amount taken in this State.
The privilege is obtained OF increasing
the stock to $1,000, 900, which will allow
$l,l00,000 to be taken i'm this State.
That already subscribed is taken
as follows: j. II. Hopkins, $500 shares;
]. Brent Swearingen, 5000; the re-
manning $500 shares are divided up
amongst various Pittsburgh gentlemen.
The corporators decided by vote to
hold a stockholders meeting immedi-
ately at the close OF this one.
1t was 30 held. Mr.. Mackey was
chosen President and Mr.. Roland Soc
rotary, the stock being voted in full,
proxies having been presented. Pitts.
burgh was chosen as the principal office,
and it was decided to elect Board OF
Directors OF five members. The choice
resulted as follows: James Ii. Hopkins,
]. Brent Swearingen, O. w. Mackey, A.
w. Roland and ". q. McCandless. 1t
was resolved to hold the first annual
meeting of the stockholders at Pitts
burgh on next Tuesday, after which the
meeting was adjourned, and the Pitts
burgh gentlemen returned home.
In the brief time allowed, a REGISTER
reporter interviewed Mr.. Hop kins upon
the condition OF the company and the
prospects for an early commencement OF
the work. He is president OF the com.
pany, has spent much time upon the
road, and is quite familiar with the de-
tails. The money qeestion, he said. was
all right. There would not be the
slightest difficulty in floating all the
bonds which might be issued. The
read now extends from Pittsburgh TO
Washington, Pa, which portion has
been in successful operation for some
time. The objective point is Charleston,
S. O., but connection with the Chesa.
peake and Ohio is as far as will be
thought of, for the present at least. The
course is by the most direct route from
Washington, Pa, to Morgantown, and
thence South. The survey has already
been completed as far as Grafton, and
will at once be pushed through to
Greenbr:er.
There is some doubt whether the
route will take in Grafton, or Fairmont
and Clarksburg, as Marion county
wealth ia now making bid for it. But
whichever route is selected, it will be
thence South through Barbour and Ran
dolph into Greenbrier, where the COD
nection will be made. By this route
portion OF the most inaccessible region
OF West Virginia will be thrown open
and the vast ore fields Of the New River
brought into direct connection with the
Pittsburgh market.
Mr.. Hopkins expec:s to have the road
under contract very soon, the length OF
time depending upon the aid extended
by the West Virginia counties through
which the adpasses. Now, West Vir-
ginians, is the appointed time.
BoILa pimples, and all blood diseases