Semi-weekly south Kentuckian. [volume] (Hopkinsville, Ky.) 1883-1889, 1886-08-13
important Movement.
THE 9. & o. SUBMITS A PRoPo-
SITIoN TO BUY AND FIN.
ISL The I. A. at.
Hopkinsville to Be Connected With
That Road, Which Will Be
Made a Standard Guage.

GAINESVILLE, Tenn, Aug. TO-
Especial. IA large and enthusiastic
meeting of subscribers was held at
the court house to consider the prop
osilion from the Chesapeake " Ohio
Railroad to complete the l. A. " 7.
line, Gen. Echols, Of the Chesapeake
Il Ohio, was here last night and met
number of gentlemen in private,
stating the nature of the contract be-
tween Maj. Gordon and Mr.. Hunting
don. by this contract Gordon turns
over all the stock and bonds except
the bonds held by the Louisville Il
Nashville Railroad, also the road-bed,
right of way, franchise, etc, to the
Chesapeake Il Ohio. Also the citi-
liens are to transfer all bonds and
stock held by them by reason of the
money paid, and the city of Clarks-
vile has executed its bonds to the
amount of $4,000, per cent, for
which the road is to give return of
4 per cent, preferred stock. All such
guarantees, funds and stocks are to
be placed in tho hands of Mr.. II. A.
Robertson, of Louisville, as trustee,
TO hold and turn over TO the G. Il O.,
when the contract of that company is
complied with, and for this consider
alton the G. & OILS bound by contract
to complete the l. A. II Il. to Prince
ton, irst-class standard guage road,
to be operated as part of the Newport
News and Mississippi Valley system.
This proposition contemplates build
ing branch of the road into Hop
kinsville, for which negotiations are
pending with that city.
The meeting was very enthusiastic
for the proposition and developed
more speaking talent than woman's
missionary society. Two gentlemen
took the position in favor of letting
the L. & N. have it, arguing that one
railroad was better than two, that
the river afforded enough competi-
ton, and two roads would injure the
town. Such arguments warmed up
the friends OF progress. and made the
meeting lively, but all good feeling
prevailed.
A vote was taken, and the PROPOSE
ton accepted with great unanimity,
and a committee appointed to pro-
cure the signatures Of all the sub
scribers, and another committee TO
wait on the City Board of Mayor and
Aldermen and procure an ordinance
submitting a vote Of the people to
the proposition. There is 10 doubt
that the tax will be voted for, by over
two-thirds Of the citizens. General
Echols spoke of the many benefits
that would be derived by this enter
prise, and the least among the many
was the reduction Of 4 cents per
bushel on coal, which amounts to $40
per car, which will pay the tax in
three years.
This change in the situation strikes
the Louisville & Nashville people
with great surprise, as they felt sure
they had the little road safe in their
grasp, and talked about the future
use. Gen. Echols, in stating all the
particulars of the trade, etc, paid a
high compliment to Mr.. Gordon's en-
crgy, remarking, he had been after
Mr.. Huntingdon two years for this
trade, all the while expressing his
great desire TO carry out his obliga-
tons TO the people Of GAINESVILLE, and,
like the woman before the unjust
judge, had secured the favor by per-
sictency. Clarksville people are
happy in full confidence of securing
the Huntingdon system.