The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1885-06-10
LnUraNs aud the Rni!rOad.


As n matter of information 10 the readers Of I'll,
H,TGld. and n matter In which they have some inter
est and have n right rs taxpayers to know. we lay hr
fore them the following proposition On the f'rm o
rcsolGtinn>) which was passed by the N .inrity of TIL
hoard Of directors Of the Grcrnville aud Laurrns rail
road. ut their meeting held ut Greenwood on the 2Git
ult. The Lnnrcns directors voted rs 4 unit sol dl,
against the resolutions. Their rcasuns for thus voting
were given lust week:
"Rcsolred, That the president Of the Grcenpill,
and Laurans railroad company be and he Is hereby M
thoriz' d and instructed to Contract with W.. G.. Ea"u
to complete the said Grccnville and lallrrns ra'lroat
at the cnrlirst practicable day; and for THIS I''iTrn,s'
that The said Pres, lent Of the said company be and hi
is hereby authnriz"d to use the funds ~ said company
now On hand. and to issue bonds of the said company
for m aTouut ut their par value sufficient. tnsctllr,
with sail funds, to drfray the actual cast of compile
ting said rUad-said bonds to bear interest Mt tho rat
of six per cent. per annum. PAYABLE semi annually
and to bcc,mo duc-years after date Of issue, ant
to be secured BY mortgage on said road, not to exceed
-thnnsand d,llnrs per mill.
"Res6lrcd further, That the President he author
lied to Issue additional stock In snid road not t. cx
COED one hundred and seventy thousand dollars, ant
turn the samc over to W. q. Racul is part Of the con
si,lrration OF said contract"
While we have the utmost confidence In President
Maullin's Judgment and discretion, II seems to OH
view that too mnch power has becli girrr him by thu
foregoing resolutions. md places too inilCh %resInnst
hility upon one man. Or in other words it hns toe
much the Appearance of Il carte. Gldnchc. However
action has been taken, and We are not disp0' ed now Ia
criticise what has been done by the mHirrity Of the
board. As we remarked last week, we hope that er'
~crythins will work ont right. and tn the advantage d
both counties. We have never been among those WHO
opposed the turning over Of the Greenviilr anil Lanr'
ems railroad to the Georgia Central, fearing that the
place would he injured thereby. Indeed we stood
alone IL the advocacy Of it, so far rs the citizens Of
this place are concerned. Tut II expected that Il
that corporation should eat p"sscssion Of the Green
vile and I.aarens 1t would do SO upon liberal terms
VI confess our Ignorance in such matters, aud the
proposition which President Manld,n Is authorized &c
submit may b. just and liberal, and niay 81 work out.
But it seems that Mr.. Ranul will be getting the long
end Of the single tree, II he accepts the terms offered
Still. VIC have faith enough In the sagacity of Prcsi'
dent Muuldin and the Grecnville directors to feel ms.
snred that they will certainly look al,cr and protect
the interests of their own county, and If So, they mus,
necessarily take care of LaureIIs.
But there Is Just this about the matter: lf the
Grecnville and L.aurens should fall into the lands ol
the Georgia Crntral-as it probably will-we will
have n first class road. II will be no "nr.h0rse. slip
shod affair. When q passenger gets on 1t he need moi
feel inclinch to 60 to al accident insurance company,
or ~solicitnus rs to whether his life policy has lapsch,
In short, he can feel safe, travel rapidly and cnlnfnrta.
bly,; while rs to the matter Of f~rrights, which Is MI
important matter, We have never had any apIrrhrn.
sion that this town would suffer Mt the hands Of said
corporation. We only object to giving Mr.. lsnnul t"'
much, MS We believe, for completing und cqulplinS
said roul.