Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1886-07-07
THE BONDS.

ing letter from Col. r. A. Johnson, the General
Manager Of the Massachusetts and Southern Con-
struction Company, in reference to the town.
ship subscriptions in aid of the road, and the
locating of the main line thereof, was submitted
to the Board:
OFFICE OF H MASSACHUSETTS y SOUTH
ERN CONSTRUCTION COMPANY, Boston, July 1st,
19S6.-Io the Honorable Board of County Com
missione1s, Yorkville, s. c. GENTLEMEN: Your
delay in the delivery Of the township bonds to
the Boston Safe Deposit and Trust Company, in
accordance with the subscription which you
have made, and the trust indenture which you
have entered into on behalf of several townships,
is regretted by this Company. Any good reason
on your part for not executing the contract as en-
tered into, we cannot comprehend. This Com
pie of York township in good faith, and to the
letter. We have definitely located the line from
Rock Hi. to Yorkville, and our corps is now
locating the line between Yorkville and Blacks.
We were ready on the 18th of June to begin
the construction of the road between Rock Hill
and Yorkville, and should have done so, but
for the course taken by your body in refusing
to comply with the executed agreement made
and existing etween us. .
In the agreement between the township OF
York and the Boston Safe Deposit and Trust
Company, it is distinctly stated that the bonds
are to be paid according to the terms therein
made, that is to say: Upon the presentation OF
a certificate of the Engineer, endorsed by the
Chairman of the Board of County Commission
ers and countersigned by the Clerk of said
Board, that the road is completed with track
laid in accordance with the terms set forth in
the call for the election held on the 18th day OF
March, 1856. Thus there can be no possible mis-
understanding in regard to the terms upon
which the subscription was voted, or the terms
upon which the bonds should be paid out. The
terms of the subscription for the township OF
York was clearly set forth in the election notice,
and the Massachusetts and Southern Construc-
ton Company will keep good faith with the
people of York township; and in behalf of and
for that Company, 1 now ask that the bonds OF
ships, lying upon the direct line Of the railroad,
be delivered at once to the Boston Safe Deposit
and Trust Company.
I have never understood that it is the purpose
of the committee of the citizens of York town
ship, or of the people thereof, to kill off and
utterly destroy the chances of Broad River and
Bullock's Creek from all railroad facilities and
while we are perfectly willing to let the bonds OF
these two townships remain in the hands of the
Board Of County Commissioners, we do not
waive our right to them, to be used for the pur-
pose Of giving the said township railroad faclli-
ties at a future day, upon a basis that may be
agreed upon betweenth the said two townships and
the Massachusetts and Southern Construction
Company.
AS previously stated, this Company are de-
sirous to m the construction of the road
at once, and to push it as rapidly as can be done
with judgment and safety, but they can do moth
luS uQUCl llC III SldUtt " AlabeSAc wv
regret that the Board should take a course re-
sulting in the obstruction of this great public
necessity. We had expected to be able to open
our road with Charleston within one year from
July 1st, 1856, but nearly a month has been lost
upon a mere technicality since the bonds were
furnished by this Company and executed by
your Board.
This Company are endeavoring to carry out the
wishes fthe people, and I trust that no personal
considerations, private or political, will be al
lowed to prevent you from honorably keeping
faith with those with whom you have contracted.
I have the honor to be, Respectfully,
r. A. JOHNSON, Genl Manager.
To the above letter, the County Commissioners
made the following reply:
OFFICE OF COUNTY COMMISSIONERS, YORK
COUNTY, Yorkville, S. c., July 5, 1886. Col. r.
A. JOHNSON, General Manager of the Massachu-
sets and Southern Construction Company, Bos-
ton, Mass. DEAR SIR: Your letter of the LIST
instant has been received, and the same was
laid before the Board at it's regular meeting this
morning.
You must be aware of the fact that the follow
ing resolution was adopted on the 4h of June,
1886, as it was done in the presence of Mr.. hart
and Mr.. Urquhart:
81. Resolved, That so soon as the Boston Safe
Deposit and Trust Company executes on its
part the indenture agreement between said
Company and the townships of Cherokee and
Catawba respectively, the Board hereby declares
itself ready to d deliver to said Trust Company,
the bonds of said townships, under the terms of
said agreement.
$40. Rcsolved, That the route through Broad
River and Bullock's Creek townships on the
one hand, and that through York and Ebenezer
townships on the other, being inconsistent, the
Board declines to deliver the bonds either of
Broad River and Bullock's Creek, or OF York
and Ebenezer, until the G., Z. and Z. railroad
indicate which route it proposes to build, When,
after the execution of the indenture agreement
aforesaid, the Board hereby declares itself ready
to deliver to said Trust Company, the two sets of
bonds along the route so indicated, and only
these"
1t is perfectly clear, therefore, that if there has
been any DELAY, it is because of the failure Of
your Company to do, before the LIST OF July,
what. you, on that day, did by your letter, to
wit, to choose between tibet W inconsistentro routes
referred to in our resolution, your language
being:
ave have definitely located the line from
Rock Hill to Yorkville, and our corps is now
locating the line between Yorkville and Blacks.
+ 4 II The terms Of the subscription for the
township. of York was clearly set forth IN the
election notice, and the Massachusetts and South
ern Construction Company will keep good faith
with the people of York township; ana IN PENAL
of Catawba, Ebenezer, York and Cherokee town
ships, lying upon the direct line of the railroad, be
delivered at once to the Boston Safe Deposit and
Trust Company
And now, in view of the selection you have
made whilst you say you do not waive any
right you may have to the bonds of the other
two townships, to be used upon a basis that
may hereafter be agreed upon between said
townships and the Massachusetts and Southern
Construction Company we, as the agents OF
said townships, deny any right in your Com
pany to the bonds of Broad River and Bullock's
Creek.
In conclusion, the Board say that it is ready to
deliver to the Boston Safe Deposit and Trust
Company, the bonds of Catawba, Ebenezer,
York and Cherokee, upon the execution and
delivery by said Company, of the indenture
agreement touching said bonds already signed
by the Board, and now i'll the hands OF said
Company.
For the purpose of making the exchange of
papers, the Board dominates the Southern Ex-
press Company as the medium OF exchange.
Just let the Company send us certified copies OF
each of the four agreements, with an endorse
ment on each that the originals Will be delivered
to the Southern Express Company, upon the de-
livery by said Express Company, to the Boston
Safe Deposit and Trust Company, of the bonds
referred to in the agreements, but without eX-
pense to the county, and the bonds will be sent
ON forthwith as suggested. Or if the Boston
Safe Deposit and Trust Company prefers, let it
send the said agreements to the Board by eX-
press, with leaveto the Board to inspect them in
the presence of the Southern Express Com
panv's agent here; but to be delivered to the
Board only upon the delivery by the Board to
the said Express Company for the Boston Safe
Deposit and Trust Company Of the bonds there
in referred to, to be transmitted without ex-
pcnse to this Board. Of course, ifyour Company
is willing to pay the expenses of a member of
the Board to Boston, the exchange Of papers
can be made in that way.
A copy of this letter is this day mailed to the
Boston Safe Deposit and Trust Company.
BY order of the Board.
JAMES b. ALLISON, Clerk.