The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1883-01-31

sUever.
= RAILRoap NEws.-The following in reN
gard To the South Pennsylvania Railroad is
taken from a Pittsburgh daily under date 81
January 18th:
AT the State Department to-day a charter
Was issued 10 the Harrisburg & Western
Railroad Company, with a capital stock of
81 s,0oo.0oo The company proposes the COT
structiun of a road from this city to a con-
nection with the Pittsburgh, Mckecsport &
| Youghiogheny Railroad at a point in the
county of Allegheny nearly opposite the
mouth of Sewickley creek, with connection
| from a point ON said Harrisburg & Western
line near Stairs Mill and the Chestnut Ridge.
westwardiy through the counties of Fayette
and Washington TO a point on the western
boundary of Washington county, on the
waters of Wheeling creek, being on the
State line BET ween the States OF Pennsylva
mia and IVES; Virginia. The length of said
road. as near as may be, is 300 miles. and
the principal Office of the company shall be
al Harrisburg. The name of each county
through or into which the road is intended
to be made Is Dauphin, Cumberland. Frank
lin, Huntingdon. Fulton. Bedford, Somer-
set, Westmoreland, Faye,te. Allegheny and
Washington.
CAPITAL Y DECORATIONS
The capital Of the company is to be SIS
100000. being at least $1,000 for every mile
- -. - - 49,
shall consist of 100000 shares. of the par
value of $50 tor each share The affairs OF
the company shall be managed by a presi-
dert and board of directors, who shall con-
sist of the following named persons: Pres
ident, Richard X. Sheldon. Philadelphia.
VIM s. Sanger. Harrisburg: G. VI. Watson,
| George o. Morgan and George p. Graver
Allegheny City; r. T. Mcnamara, Pits-
buryh. and Frederick 5. Gretevant, Harris
burg. The shares of the company are dis
rrshnted as follows: Richard X. Sheldon
Philadelphia. - $50: VIM. : Sanger, Har
risburg. -; John 5. Martin. Philadelphia
4: II. c. Jordan. Allegheny, 4: C. Il. McCul
Tough, Pittsburgh. /; Edwin ". Smith
| Pittsburgh, 4: Charles I. Crawford, Pitts
burgh, {: George o. Morgan, Allegheny, 1
George P. 6raver, Allegheny. 4; P. T. Me
Namara. Pittsburgh. 4; John w. Wiley
Pittsburgh, {; G. VI. Watson, Allegheny
4 Fred. J. ererevent, Harritburgh, l..
Messrs. Morgan, Grotevent and MeNam.
ara, before Eugene Snyder, s notary public
OF Harrisburg. to-day acknowledged thsi
the foregoing articles of corporation were u
be for the purpose therein set forth. and tina
5 600 for every mile of railroad have beer
in good faith subscribed and ten per cent
paid thereon. and that it is intended in COCO
faith to construct the road mentioned.
on THE QUIET.
The charter VS. taken out very quietly
and the parties interested endeavor 10 kee,
all knowledge OF it from the public w
NJ. Watson, an employe in the oficsiof hi
uncle. u T. Watson, Esq, of Pittsburgh
attended to the clerical work here to-day
He would not say who were the capitalist
behind tie scheme nor anything Of thei
purposes or connections. u is evidently
Va derti company. however. Richard X
Sheldon. ostensibly the principal stock
, holder and President, is President of tn
South Pennsylvania. and Grsdevant. Of tn
new board of directors. is secretary of tina
/, corporation. The route outlined in genera
/, terms in the charter is similar Ia hat of tn
+, South Pennsylvania There has been soin
doubt rs "a whether the South Pennsylsa
mia would come mp Shrrmsn's valley or tn
. more roundabout but richer Cumberlan'
valley. The scheme seems To coniemplat
the latter route. As to the advantage 9th
new charter over the old one. the claim hn
Seen set up in the courts in behalf of th
. rival Pittsburgh a Atlantic. of which ]. Il
McCreery is counsel. that the old Sout
Pennsylvania charter, which WAS taken gu
about swenty six yea. Ego. has lagpei an
becotae ya5d BY rsig1D Of The deiAy in p
= gisuihg operations Il may be that the net
, charter st.ken out q svoid awkward ht
fttskion.