The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1886-10-20


Nincty-Sx Township bonds...-........".S2 90, ,NOl
Oak ................................... S.60C
IL, ,0(
lUl0t
COkesbury .,........................... 1921
Dunk lin ,D(
Johnston on...................... ........... g,9N(
Iihc io''N
Total township bonds.................".SlO 40.
Piedmont Mani Co subscrption..........S 7,50tc
Notes town of Johnston. n......--..........- 3,lS.
Notes town Of Trenton. (n0t takenI...... ,5Oo
Notes Old Wells or G. w. Turner's.-.... 2,6Ol
Individual subscriptions SOC
~ 1000
John c. :;weargin, subscription lumber
OH 65) acres Of land, stock TO be CIV
en- to him for same for....-."..."....- 1,0Ot
To al individual 250SC
Total subscriptions. sl2G, ,4sC
From this take all the individual sub
scriptions below that OF 6. w. Tur-
ner. and also those for cross tics and
And there remains admitted to be ubso-
lutcly l23,oSI
ESTIMATES OF MR. ". J. KIRK,
chief engineer for grading the line, made for
July 15, 1886:
Greenvile to Wares, 20 milcs.o........s q 500
Wares to Stewards contract, IL miles. 5000
Stewards contract to graded linc,7 mile LOO
Ninety Six to Johnston's, 30 miies........ SO,HOO
Johnston to Hamburg, 2S niilcS....., u 200
Total, l2l miles from Greenville to
Hamburg. .sll5, 400
From this estimate the cost of grad
Ing from Grcenvillc to Piedmont,
which Is not now TO be let 10 contract,
II miles .................... 572O
Total estimate for grading from Pied
mont to HamhurS.-".............. .SlO3,beU
Actual subscriptions known to heavail-
Estimate for grading Piedmont to
Hunburs........... .............. slO9 $50
Surplus lcft.......... II ,OO
NoTE-In this, have not estimated the ex-
pcnsc of the engineering corps, salaries, right
of way, discount on bonds sold or expense nc.
count; but whatever they may amount to,
there Is 81 WO to set off against them, rs far as
IL will go. AT the date these estimates and
statements were mule; Q3th JulyO Mr.. sun.
and 1t bad been estimated for payment.
Messrs. Stewart & Go. had stopped work on
theirs and removed to their second contract
but their work on their hrst had been cSti.
mated fDr payment and nothing was heard Of
undcr-eStimnteS of engineer and could not
have been, because these Statements were
based upon the actual work done There have
been no new Developments since to my knowl-
edge. 1t Is stated by those who claim to know,
that there were no under-csi imatcs by the cn-
giner between Nincty-SiX and Hamburg; that
The estimates from Hamburg to Johnston
were Il little under, but those from Johnston
To Nincty-SiX were ovcr-cstimated, and that
the two combined were actually ovsr-esti-
mated. IF the facts ms stated here arc true, 1t
is difficult to see where there have been un-
der-cstimatcs and consequently, why there
should be q deficiency of means 10 grade the
road. McsSrs. Pope and Kirk, whilst we were
In Augusta, proposed to me to take the assets
l,ln al
7 know no reason now, why it cunuOt be done,
or why there should be deficiency of do
lar.
The pre- umption is of course, that when
the officers nrc asked to partcul lariZe and
show the over-cstimates, and the deficiency,
they will be prepared to do SO to the sa tistac.
ton OF the stockholders and will be able to
make the statements of available assets and
estimates for grading, agree with those they
furnished ON the 18th OF July-and IL they diff
fer, explain why, together with all the partic-
ulurs. The stockholders will probably want
such an explanation. ii. p. HAMMErr.