The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-01-24
WANTED TO ELECT HINsELP.

Major Shaw for Hon. w. II, Barnum, o.
Connecticut.
WANTED TO ELECT HINsELP.
The return Of Major Shaw to the
directory was a feature OF interest in the
proceedings, That gentleman Is one oI
the large stockholders, with ex-senator
Davis and Mr.. Elkins, and these three
own the bulk Of the stock. The Davis
and 7Elkins interest, so the rumor had 1t,
were not In accord with Major Shaw,
and he was not in accord with them,
and at q previous annual meeting Major
Shaw was not reelected as director.
When the stockholders met yesterday
Mr.. II. Irving Gross, junior counsel Of
the Baltimore & Ohio railroad legal de-
partment, appeared with the proxies for
Major shaw's stock, and said he pro-
posed 10 elect himself as q director In
the board under a plan Of cumulative
voting which hG said Is authorized
under the laws Of West Virginia, to give
the minority a representation, Instead
OF voting the Shaw stock for each OF ten
persons TO Constitute the board Mr..
Gross proposed to vote ten times the
amount OF the Shaw stock for himself,
This caused an animated talk. Mr..
Whyte explained that under the charter
and bylaws OF the company the
directors are 10 be elected by the
usual method OF a majority vote. Mr..
pIatna apka1 10 ~ u,os ont (, lIktia -
markable for Baltimore & Ohio lawyer
10 ask TO be admitted 10 the board OF q
company which has ably and satisiac.
torily managed its own affairs, as the re.
suits abundantly show, He character.
lied the proceeding as bordering upon
impertinenCe. Mr.. Elkins talked In
about the same strain, aud said he
thought the stockholders would not be
serving the interests Of theireompany by
introducing rival and probably a hos.
tile element. Ex-senator Davis pro.
posed the election OF Major Shaw as O
member OF the Board. To thisMr, Gross
replied that Major Shaw would not &C.
cept the place. He was asked how he
knew that, In view OF the fact that the
Major had no intimation that lie would
DO put into the board. The upshot oil
the matter was that the meeting elected
Major Shaw as one Of the board, as above
stated, and II he formally declines the
vacancy will be filled.
A PRosPERpus YEAR.
A dividend OF $4,000, or 81 per share
on the capital stock Of the West Virginia
Central, was declared. The President.
report showed that notwithstanding the
unprecedented food Of July last, which
caused an entire suspension Of business
for ten days and heavily damaged the
road bed and track, the year has beer
the most prosperous In the history o.
the company. The total net earnings o.
the mines and railroad, after paying all
fixed charges, including interest on the
bonds, in round numbers are Sl0l ,5SS
an increase OF over $40, 900 over the me-
earnings Of 1887. Four locomotives anC
200 cars were purchased in 1883. The
road bed has been improved by strength
ening the embankulents, replacing the
trestle works with stone and terra.cottI
culyerts with earth Filings, building
new sidings, erecting station.houses, col
shops, &c. Two new large pulp ant
paper mills are being erected, one a
West Piedmont, on the line Of the road
and another at Harper's Ferry. Boil
these mills will use large quantities o.
spruce wood, which can only be had Is
any amount on the line Of the road. A
large. tannery is 10 be erected during thC
year at German, formerly Elkins. The
line OF the extension, which rum
FROM Thomas, Tucker county, Il
Elktns, Randolph county, 81 mile
In all, has been completed TO Parsons
on the west side Of Cheat river, i
miles, which was the heaviest and mos
expensive work. The work on the re
maining % miles Is so we'll under waI
that Il Is contemplated 10 have the roai
In running order to Elkins, on the Ty
CARTS Valley river, by the first Of Junt
ne3t. The road there taps the Celebn
ted Tygarts Valley, which Is some 81
miles In length and one OF the finest II
the country. II Is contemplated 10 max
Elkins the first division oi the road, ant
10 erect the necessary engine.house
shons and other buildings at that point
This station bids fair 10 become q rail
road centre and an important place. Tn
Davis Coal and Coke Company are dc
yeloping the Upper Potomac coal reglol
and are now mining and shipping abou
800 tons per day. The great area Of thi
coal region makes the coal, In quantity
practically unlimited, They also hayu
built some thirty coke ovens at Thomas
and contemplate largely increasing th
number Tie other companies are do
Yeloplng coal mines along the line Of tn
road. Tho lumber industry Is growing
and is now one Of the prominent lea
lures Of the road. The traffic for th
present year bids fair 70 be larger thai
the year Just past,
TIM OTHER COMPANIES.
The other meetings Of West vlIgInl
Central corporations were rs iollowSi
Piedmont and Cumberland Rallroa,
Company in Maryland-Dlpctors, II. @
Davis, s. D. Elkins, William ]. Reed
William II, Gonnrn, ]. n. DuBary
John +. Green and Il, W. s. Moore
president, II. q. DavISi secretary ant
treasurer, II. g. Buxton. Messrs Du
Barry and Green arc vice.presldents q
the Penusylyania Railroad Company,
piadmnf,l a Cumberland Rallfoa
COMPANY In West yifginia-Dlrecton
II. q. Davis, s. d, ElkIns, 7, D. paylI
II, q, Buxton, @. W. Harrison, W. Il
German and 4, w, ), Moore PRE-
: ldent, W, II. German secretary an
: treasurer, II. h. Buxton,
Cumberland Coal Companys-D Director
II. q, Davis, A. I German B. y, Elklh
Rabet Obef, w, II. Gofmaf, Pfeslden
". II. dofman secretary Arthur W
Davis Coal 4 Coke Company yhlC
. RECENTLY Organized and elected Q boar