The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-03-03
MECKLENBURo COUNTY.
THE Ksysv,Lrr AND cLAkKsslLLE NAIL
noAp-ropAcco AND corTos--PoLiIics'
Correspondence Of the Richinonc rooo

THE KeYsyILLY AND CLAbkssiLLn ns
noAp--roBAcco AND coTTos--PoL''ios'
Correspondence Of the Richmond p'Sp ssoo
Cr.pravrrIs. VA, March l., 1888.
A meeting of the stockholders Oh .nc
Richmond and Mecklenburg railroad WsS
held hero Yesterday. From the full altehu-
ance and great interest manifested IL was
annareut that there was q conviction exist
ing in the public mind OF the absolute ne
cessity for the construction OF this road a.
n relief from isolation and inaccessibility
For over quarter OF century .his
scheme OF building railroad iro,n ,1l'
place to Keysville has been agitatea. be-
fore the war the pillars for bridges over
the Staunton and Dan rivers were erecte9 !,
of the best native granite. They stu stanu
rs silent monuments OF an enterprise pro-
jected as far back rs 1853. President NC
Phail facetiousIy remarked yesterday,
strange fatality attends this road. III was
charged that It brought on the war OF I'LL
the financial panic OF '73. and the embar-
rassmeut OF the Terminal Company OF 80.
The section this road penetrates needs
develoDmcnt. The forests abound WIN
the most valuable tmbers, the earth Is
metalled with the richest minerals, ano
the valleys are OF inexhaustible fertility.
The people, too, need the influx OF new
nopulation TO arouse them from their letn-
argy, and stimulate them to greater enter
prise and increased activity.
The road from Keysyillc to Chase CITY,
IL 3-1O miles-has been completed, win
2. 600 cross-ties to the mile, ana lald WIN
steel rails. Over 100000 in construction
have been advanced by the Terminal Com
Many. This company Is not at present pre-
pared 70 continue and complete the road TO
his nIocc distant from Chase City IT 2-1O
miles The company has eyinced q Will
;ngness 10 turn over to the Richmond and
Mecklenburg Company the totql amount OF
first mortgage bonds on IL $40 miles OF
equipped road, all money expended in cost
of construction, the right Of way secured,
and % per cent. OF gross earnings oil en-
tire line to be set aside for payment OF nrst
mortgage bonds, all the county suDscrlp-
ton, amounting to about $4,000. upon the
condition that the Richmond and Meckien-
burg Company will complete the roai 10
Gainesville and issue 10 the Terminal Com
panv second mortgage bonds Tor money
advanced by said company. =,
Such proposition presents Itself 10 I'll
familiar with the facts as being liberal ana
practicable, and will insure beyond doubt
n renewal OF work on the hue as soon rs
the preliminary negotiations are perfected
The meeting adjourned to meet at Chase
CITY on the 2lst Of March to perfect con-
tracts with the Terminal Company. The
estimated cost OF building the road to this
Mace il 500, 900, including go, 900 bridge
across the StauntOn and Dan rivers.
An immense quantity OF tobacco has been
sold here in the last thirty days, and the
shipment OF this product and several hun
dred bales OF cotton have taxed the ca
pacity OF the batteau line OF Transports
ton. Much OF this cotton comes from
North Carolina.
This county presents the unusual specta
Gle OF being within little over two months
OF the regular spring election for all county
officers and not single candidate has an
nounced himself for any position. a
combination Of Readjusters and Republic
cans make an overwhelming majority, and
here Coalition is triumphant. j.