The comet. (Johnson City, Tenn.) 1884-1916, 1886-10-28
THE WAY TO TAEE WEST.
A Magnificent Railway Enter
prise for Charleston.

prise for Charleston.
One OF the most important railroad
meetings held in Charleston for many
years past took place at the Charleston
Hotel, September S0th. 1t was at
tended by Col, Frank Coke, of Ashe-
vile, N. c.; DR.. w, l.. Maudlin, OF
Greenville, the Democratic nominee
for Lieutenant Governor; Mr.. G.
Spencer of Yorkville; Col. r. A.
Johnson, general manager Of the
Massachusetts and Southern Con-
struction Company, Of Boston, Mass.
Mr.. Henry X. Baken, of Springfield,
Mass. and Col. James D. Blanding,o of
Sumter, S. G. 1t was a meeting Of
the stockholders OF the consolidated
Charleston, Cincinnati & Chicago
Railroad Company.
This railway enterprise is one OF the
most extensiAe, and so far as the COM
mercial interests OF Charleston are
concerned, one Of the most important
that has been projected since the war.
The consolidated lines represented in
the company bring Charleston one
r hundred and fifty-eight miles nearer
the Ohio river than by any other
g route. 1t is, therefore, of the greatest
r Importance that the road should be
| built and, from the representations
| that have been made, there can be lit
. tie doubt that it will be completed
5 from Sumter, S. c., to Ashland, KY,
v ON the Ohio river, within the next two
n years.
The plan Of the company is to have
g one system of railroads under one
d management running from the A tlan-
: tic ocean to the Ohio river, and from
e that point to make the most direct
v connection with the entire West and
v Northwest. The distance from Sum
IS ter, the most southerly point to
. which the railroad will at first be built
k to point where the lines ruusnorth to
n Johnson City, Tenn, is distance Of
a two hundred and forty-fve miles. In
d this distance the road intersects eight
IS other lines of railway and traverses
v one of the most fertile and rich farm
T. ing sections in the United States. A
" fine location has been secured across
le the Blue Ridge mountains and will
,e light grade. This crossing over thu
al mountains is believed to be less diff
ct cult than any taat has previousl!
le been discovered.
oe AT the meeting Of the stockholder
Col. Frank Coke, of Asheville, N. G.
We was elected president, and Mr. Henr
ID K. Baker, Of Springfield, Mass, secre
i tary and treasurer.
| Frank Coke, Asheyille, N. c., Rich
e; ard Dozier, Georgetown, S. c., Thee
81 dore G. Barker, Charleston, s. c.
as "' James D. Blanding, Sumter, S. G
D. Henry X. Baker, Springfield, Mass
by John T. Wilder, Chattanooga, Tenn
fy H. D. Lee, Shelby, N. c., P. P. Dicl
~ inson, New York city, Peter ]. Sir
re- clair, Marion, N. c., William X. B;
ill ker, Springfield, Mass, Damon \
ed Coates, New York city, Edward
np Brewer, Hartford, Conn, and VIM.
m Calender, Sprin gfeld, Mass, wei
ks elected directors.
is The contract for the consolidate
leS of the roads embraced in the proje'
~ was adopted and ratified by the stocl
do holders, and it was resolved that, I,
by the purpose of raising money to
get used in the construction of its railros
- under its charters, and for the pu
he chase of freight and passenger cal
get locomotive engines, steel rails, the la
lily ing OF side tracks, the building
IAN double track where necessary, the fl
lite nishing of terminal facilities and u
n.y. erection of necessary machine shol
Inn round-houses, depots, and for 9th
lie, purposes in connection with the 81
int cessful operation and maintenance
the the railroad and for such other purl
ick ses as may be authorized by the (
will rectors, this company do issue its fiji
,sse mortgage bonds to the extent OF 50
the 600 per mile, to bear date October
not A. D., 1889, and said bonds shall be
Say interest at the rate OF 6 per centu
rm, per annum, payable quartely in Ii
owe gold coin on the first days of JAM
any ry April, July and October.
but 2. That the amount of bonds O.
my standing at any one time, issued l
do der the authority of this vote, sh
'osi- not exceed twenty thousand ($20,0t
in dollars per mile upon every mile
ople railroad constructed.
hall 3. That for the purpose of sec
go ing the payment of said first me
gage bonds and interest, Frank Co
n the president of this company,
era agent, be, and he hereby is, authC
ION zed for and in the name OF this CO
;om- pany, to execute and deliver deed
ne. trust, or mortgage, containing pc