Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1886-10-06
the members of the sheriff's possee, was
shot through the heart. Mrs. Owens and
two negroes are now. in Jail at Plymouth
awaiting trial. q:
CITE Murkrille Guq11irer.
YORKVILLE, s. G. :

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YORKVILLE, s. c.:
WEDNESDAY, OCTOBER 6, 1886.
CHARLESTON, CINCINNATI AND CHICAGO.
The first annual meeting of the stockhod-
ers of the Charleston, Cincinnati and Chica-
go Railroad Company was held in Charles
ton or Thursday last. From the Neacs and
Courier of Friday we take the following
account of the proceedings of the meeting:
One of the most important railroad meet
ings held in Charleston for many years past
took place at the Charleston Hotel yester-
day. It was attended by Col. Frank Coke,
of Ashevile, n. c.; DR.. w. l.. Mauldin, OF
Greenville, the Democratic nominee for
Lieutenant Governor; Mr.. c. E. Spencer,
of Yorkville; Col. r. A. johnson, general
manager of the Massachusetts, and Southern
GGnstTuctoq Ce%pany OF Bosen Mass
and Col. James D. Blanding, of Sumter,
S. G.. It was meeting of the stockholders
of the consolidated Charleston, Cincinnati
and Chicago Railroad Company.
This railway enterprise is one OF the most
extensive, and so far as the commercial in
terests of Charleston are concerned, one OF
the most important that has been projected
since the war. The consolidated lines rep
resented in the company bring Charleston
one hundred and fifty-eight miles nearer
the Ohio River than by any other route, 1t
is, therefore, of the greatest Importance that
the road should be built and, from the rep
reservations that have been made, there
can be little doubt that it will be complet-
ed from Sumter, S. c., to Ashland, KY, on
the Ohio River, within the next two years.
The plan of the company is to have one
system of railroads under one management,
running from the Atlantic Ocean to the
Ohio River, and from that point to make
the most direct connection with the entire
West and Northwest. The distance from
Sumter the most southerly point TO Wnicn
the railroad will at first be hIilt, to point
where the line runs North to johnson City,
Tennessee, is distance of four hundred
and fortv.fve miles. In this distance the
road intersects eight other lines of railway
and traverses one of the most fertile and
rich farming sections in the United States.
A fine location has been secured across the
Blue Ridge Mountains and with light
grade, This crossing over the mountains is
believed to be less difficult than any that
has previously been discovered.
At the meeting of the stockholders yes
terday Col. Frank Coke, of Ashevl!le, N.
c., was elected president and Mr.. Henry
K. Baker, of Springfield, Mass, secretary
and treasurer.
Frank Coke, Asheville, N. c., Richard
Dozier. Georgetown, S. C., Theodore G.
Barker, Charleston, S. c., James D. Bland
ing, Sumter, S. c., Henry K. Baker, Spring
field, Mass, John T. Wilder, Chattanooga,
Tenn, H. D. Lee, Shelby, n. c., P. P: Dick
inson, New York city, Peter J. Sinclair,
Marion, N. c., VIM. K. Baker, Springfield,
Mass, Damon n. Coates, New York city,
Edward S. Brewer, Hartford, Conn.,, and
VIM. P. Calender, Springfield, Mass, were
elected directors.
The contract for the consolidation of the
roads embraced in the project was adopted
resolved that for the purpose of raising mon
ey to be used in the construction of its rail-
road under its charters, and for the purchase
of freight and passenger cars, locomotive
engines, steel rails, the laying of side-tracks,
the building of double track where neces-
sary, the furnishing of terminal facilities
and the erection of necessary machine shops,
round-houses, depots, and for other pur-
poses in connection with the successful ope-
ration and maintenance of the railroad, and
for such purposes as may be authorized Dy
the directors, this company do issue It's t1rst
mortgage bonds to the extent of $2O, 600 per
mile to bear date October l, A. D. 1886, and
to be payable in United States gold coin on
the 1st day of October, A. D. 1916, and said
bonds shall bear interest at the rate per
centum per annun, payable quarterly IN
like gold coin on the first days of January,
April, July and October.
3. That the amount Of bonds outstanding
at any one time, issued under the authority
of this vote, shall not exceed twenty thou
sand (s20,0OO) dollars per mile OF railroad
constructed.
8. That for the purpose of securing the
payment of said first mortgage bonds and
interest, Frank Coke, the president OF this
company, as agent, be, and he hereby is,
authorized, for and in the name of this
company, to execute and deliver deed of
trust, or mortgage, containing a power Of
sale, to the Boston Safe Deposit and Trust
Company, of Boston, in the Commonwealth
of Massachusetts,, of the railroad of this COM
pany and its franchises, extending from its
southern terminus in the city of Charleston,
S. c., to its most northern terminus upon the
State line of Tennessee, as the same now is
or may hereafter be located and constructed,
with all the extensions and branches built
and to be built, owned and to be acquired,
together with all the franchises, privileges
and appurtenances appertaining thereto,
and the said agent is further authorized to
attach the corporate seal of this company to
said deed, and to acknowledge the same as
the free act and deed of this company.
+. That the above bonds shall be for one
thousand dollars each.
Another resolution was adopted provid-
ing that the Boston Safe Deposit and Trust
Company act as the trustees of the stock,
trust mortgage and bonds to be issued, and
a contract was made with the Massachusetts,
and Southern Construction Company for the
beginning of work upon this grand enter
prise, which promises so much for the coun-
try through which it passes, and for Charles
ton, its southern terminus.
Charters covering the entire line to the
Ohio River have been secured, and the sur
veying corps, under the direction of that
experienced engineer, Thomas f. Matson,
is now engaged in locating the line through
Virginia and Tennessee. The local business
on that section between the mountains of
North Carolina and the Ohio River will
unquestionably tax single track road Sc
riously. Railroad experts and men of bust
ness who have become familiar with it,
unanimously declare that single track cam
not do the business which will flow to it.
The section of country around Ashland, op-
posite to which is Ironton, on the Ohio
River, is known as the Hanging Rock
Region" and in this section are already
built over sixty complete iron works, most
OF which are now idle from the want of
suitable ores for the profitable manufacture
of steel.
In conversation with reporter for the
News and Courier yesterday, Col. R. A.
johnson, the general manager of the Con-
struction Company, said: "This line is what