Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-05-22
THE STATE CAPITAL.


1.-Two Connellsville Men Take Ions
Walk for NOthing-The New Laws and
What They Mean-Care Of the the Indi.
gent Misunderstanding Business.
ESPECIAL TELEGRAM TO THE DrsPArcH.i
HARRISBURG, May 2l.-The Pittsburg, Beech
Greek and Eastern Railway Company which
proposes to construct a line 150 miles long
through portions of Clinton, Center, Clearfeld
jefferson, Indiana, Clarion, Armstrong and
Butler counties, was chartered at the State De.
partment to-day. The line is to begin at Mill
q all, Center county, and to terminate at But
Ter. The capital is 81, 100000 The President is
Samuel Nevins, of Philadelphia, who has sub
scribed 1920 shares of the entire number. The
other stockholders are Charles R. Myers, Whit
ton Evans, Thomas F. Brady, @. Heide Norris,
Clarence Kennedy, Charles H. Edmunds,
Luther E. Hewitt, Of Philadelphia.
Long Walk for Nothing.
James W. WIngrove made an application be-
fore the State Board of Property to-day for 45O
acres of unimproved land in Fayette county
and $50 acres of improved land on which Dor
tion OF Connellsville is located. Wingrove was
accompanied by Philip Stubbles who also made
a claim for land in Fayette county. Both men
walked most of the way from Connellsville to
this city, and were greatly disappointed when
informed by the Board of Property that prior
office rights had been issued to other parties
covering the same land. The applicants seemed
to have been under the impression that when
land had been granted by the Commonwealth
by warrant and afterward abandoned, the land
could be granted to other parties. Attorney
Newmyer, of Fayette county. opposed the
favorable consideration of the applications of
Wingrove and Stubbles. The meeting to de-
eide the claims was first fixed for tomorrow,
but it was found expedient to postpone it until
the 2Sth. AS Wingrove and Stubbles started
from home on foot last Thursday. they did not
! learn of the change, and, by singular coin
cidence, Newmyer, who has been in Washing
ton, was also unaware of it. All the parties
meeting here today, the meeting was held and
another claim for about 900 acres of land in
Fayette county which he intended to file. but
the bad luck he experienced induced him to
withdraw it.
May Borrow Double Their Stock.
Governor Beaver to-day signed Senator
Delamater's bill permitting road, bridge, tele-
graph, ferry, water, gas light and incline plane
companies to borrow money to the amount Of
double their capital stock paid in. The old
law limits the amount to one-half the capital
stock paid in. The Governor also approved
Senator Belts bill known as "the boom bilp') },
authorizing the formation of corporations for
the purpose of driving and floating saw logs,
lumber and timber upon all streams not ex-
ceeding 20 miles in length from their source,
and for the formation Of corporations for the
storage transmission and transportation of
water for the purpose of providing power to
and for manufacturing and other purposes.
The bill was originally intended to enable per-
sons owning about 200 900 feet of timber on
Kettle creek, Potter county, to float 1t to mar
ket. but Beaver Falls manufacturing firm had
it amended SO as to authorize the transmission
Of water for the accommodation OF its works.
=
The Care Of the Indigent Insane.
The Governor also approved DR.. Walks bill
providing that the expense of the care and
treatment of the INDECENT insane in the State
hospitals for the insane be fixed at the uniform
rate of 81 rs per week for each person, includ-
ing clothing, chargeable to the respective
sane shall come. and the excess shall be paid by
the State, if it does not exceed 81 week. The
Board of Charities is authorized to transfer in
mates from State hospitals to poor houses,
digent insane 20 the State averages about
S40O, 600 year.
Business of the Banks Last Year.
The annual report OF Auditor General Nc
Camant on banks and savings institutions and
banks organized under the free banking laws
shows the following business condition at the
close of the last fiscal year of the 50 institu-
tions which reported to the Auditor Generals
department: Gold and silver on hand, 81, ,302. :
SS3 "a; current notes, 81, ,6l69l5 20; other obli-
cations, SAC, ,760 IL; bills and notes discounted
not under protest. $260S0, ,664 36i under protest,
S289,S62 81; mortgages held and owned, S4,53,-
463 81; judgments, Sl77,351 Oh; real estate. ST.
1872 172 81; due from solvent banks, $780,
S34 7S; private and corporations stocks and
loans, 81, ,33S,963 20. The expenses reached
slSs940 %, and the aggregate usuaries were
s4S,227, ,2s7 IS. Am9ng fhe Liabilities were the
s93 0S; deposits, s8SSl4,632 So; certificates Of
deposit S2,346,956 81; surplus contingent on
sinking fund, 81, ,429,74S S8; earnings, Sl,0OO,-
6Q2 "a