Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1884-05-29
The GENEROUS COUNTY
Takes a Railroad Burden From the
City's Shoulders
And Offers All the Cannon Ball Line Wants
Results of the Conference.-The
Boaid fayors the Road.

The result Of the railroad conference, yes
terdsy, is matter of rejoicing to all who
favor the early coming of a good railroad
system and who believe railroads are the
great business promoters and ciYilizers of
the period The conference was among
members of Council, members Of the Board
of Commissioners and members of the Dl-
rectory of the Mt. Vernon, CoshoctOn II
Wheeling railroad company As is well
known, the railroad company has PROPOSE
ton: pending before the executive body OF
both city and county, asking subscription
ofS5O,O0O from the city and 100000 from
the county, the terms being that no money
was to be paid on debt incurred, until the
road was completed into Wheeling. This
square proposition did as much as anything
else 10 convince the people of Wheeling
that the railroad company meant business
and understood how 10 make business like
prof. osihOn.
General Jones. the president Of the COM
panv. was present and made a statement to
the conference The route, connections and
termini of the Cannonball Inc are well
known and need not be repeated here he
said that guarantees Of subscriptions were
all that the company needed al present, as
with them they could negotiate their bonds
and obtain the money necessary to the
building OF the road.
By a happy thought of some member OF
Il L., lal mad on Insltrnp1ut-
able obstacle was easily disposed of, viz the
subscription bv the CITY of Wheeling What
ever might be the views Of our people and
however willing they might he to aid IN
bringing in the CanEanball line, vet the city
cannot subscribe $4,000 TO make that
investment, would pile up the city indebted
ness to beyond the limit allowed by the
charter, viz, five per cent of the assessed
value Of her real and personal property. In
this extremity, the happy thought struck
one of the members that the county might
subscribe the sum of both. AS far as taxes
are concerned, the city is the county, for
the city Jays 81 per cent Of the taxes, so
this proposition struck very fayOrably. The
following resolution was offered:
WHEREAS, The Mt Vernon, Coshocton
and Wheeling railroad company has made
proposition to the county of Ohio, looking
to a subscription by said county of $780, 600
to the capital stock of said company, and
has made to the city of Wheeling a PROPOSE
ton of similar import, looking to a sub
scrption of $1,000 to the capital stock Of
said company; and,
WHEREAS, The financial condition of the
city of Wheeling is such as to preclude the
possibility Of legal increase Of its present
Indebtedness; be it
Resolved, That the Board of Commits
sic ners submit TO the qualified voters Of Ohio
county, for ratification or rejection, proPo-
sition to subscribe Sl50000 to the capital
stock of the said railroad company, payable
when it, cars are running into the city Of
Wheeling.
There was some little dcmurring, on the
part of. the country members, but any objcc-
tons raised were speedily argued away and
the resolutions were unanimously adopted.