Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-05-12
FULTON ROUNDHoUSE
ONE TO BIZ BUILT TO ACCOMMODATES TWO
RAILROAD LINES.
Tho Chesapeake and Ohio and Richmond
and Allegheny to Fave their Eastern
Termini AZ Orleans Street.

| and Ohio aud Richmond ana AheBhan>
railroads will have their eastern terminii
Orleans street, in Fulton, nearly oppos't'
the plant OF the Richmond Cedar WORKS.
This OF course refers TO the main line o.
the Chesapeake and Ohio, ADD not 10 th'
Newport News division Of this great system
The Chesapeake and Ohio having secured
entire control of the Richmond and Ale
ebany-a most valuable acquisition-th'
uuiiicatIon OF the two systems Will be mad'
"a effective os possible and the track OF TN
recently. purchased road will be put IN th'
/ best possible condition.
At the recent sale one OF the members o
| the Purchasing Committee gave the assurance
| that in a short time tho Richmond aud Ale'
phany road would be O better piece OF pro-
Derty than 10 had ever been. Already many
| small improvements have been maze, to'
| track facilities and connections here hav'
/ been greatly bettered, and the indications
are that the promise OF Dir. Cox will be fullI
carried out.
A NEW R0UNDHOUsE.
The Chesapeake aud Ohio Company pro
nose 70 build at the point indicated, whict
| is about two squares from where the two
roads intersect, q round house for the accom-
mediation OF the engines OF both lines. A.
vet the move Is in its iHcpiency. several
/ acres OF land in this immediate vicinity De-
| long TO the Chesapeake and Ohio, having
/ been purchased by Mr.. Huntington before
/ the Church-HiIl tunnel was completed. In
| the purchase Mr.. Huntington may have had
this idea in view, but 1t Is more generally
believed that he bought the property SO as 10
reach the river.
General Manager Harahan has the matter
| in hand and 1t il understood that ne has
prepared the plans and specifications, though
! The officers here know nothing as to the de-
tails. The general manager Doubtless mas
| determined when this work shall be done,
! INIT no has not communicated with his sub
ordinates here with reference to the matter.
Several Richmond contractors have been in
yited TO bid for the structure.
THE SHOPS.
The removal OF the roundhOuse, IL is I'M
derstood, will in no wise affect the Chesa-
peake and Ohio shops. All OF the other de,
partments will perhaps be kept intact, and
President ingalls, recently stated that large
additions would be made TO them. As FOL
the Allegheny shops. nothing is known as 10
what will lie done about them. They may
remain 90 at present or they may be merged
| into those OF the purchasing company.
The present arrangements that engines on
the Allegheny road when lying idle at this
end OF the line shall be kept at the Cbesa'
Deake and Ohio Toundhouse. e IL probable
that when the roundhouse In Fulton is bull
the repairing will still be done at the shops
on Seventeenth street.
DEED OF TRUST.
A deed OF trust from Erwin Davis, Charles
! aIrf lad
Committee OF the BondhOlders OF the Rich
mond and Allegheny Railroad Company, to
the Central Trust Company OF New YORK,
trustees, for $3.50. 900, has been recorded IN
the clerks Office Of the HenrcO County Court
and a cepy OF IL Will be filed in each county
In which the company owns property.
The deed recites the authority OF the com
mittee TO purchase the road at foreclosure 81
prlce not exceeding the amount due upon
the Grst and second mortgage bonds and eX
penses OF purchasing; the right to bypothe'
cate securities deposited herenunder and IN
the name Of the new company to mortgage
the property purchased subject to ratiiica
ton by the new company when formed; also
the necessity to provide by mortgage a sun
not exceeding SSJ0,000 to pay of liens and
claims. which by the turn Of the decree are
made charge upon the property sold
which il is necessary to pay of before the
committee may obtain possession Oh the pro
perty so purchased, or subject TO which suct
possession may be acquired.
NOTES ISSUED.
The deed further recites that the commit
tee. for the purpose OF raising the said sun
of $3.50. 900, have determined TO issue notes
of said Purchasing Committee dated MAY
! |. 1889. PAYABLE on June /, 1890, or at any
time thereafter, at the option OF either
makers or holders, upon thirty days notice
having been given, the notes to bear Interest
not exceeding 6 per cent. per annum iron
June 1, 1889, payable quarterly on the Is
DAYS Of September, December. March, anC
June. and to be in the sum OF $1,000 or mul'
tiples thereof, and 10 secure said notes by
mortgage on the railroad and other property
purchased bv the committee at sale held u
! the CITY OF Richmond on April 1G, 1889, by
Z. r. Leland, special commissioner OF the
Circuit Court OF the city OF Richmond.
PROPERTY AoETGAGED.
The property mortgaeed consists OF tn
| railroad formerly OF the Richmond and Al
/ Ieghany Railroad Company, including tn
present line. all extensions and branches II
/ Virginia or West Virginia, constru tied o
proposed. with all the appurtenances, rail
/ way stock, buildings OF every description
also all the property, works. aud franchise
acquired by the party Of the first part from
the james River and Kanawba Company
including lands, canals, locks, &C., ant
all interest in turnpikes. ferry-boats, &c.
water. power. privileges, &c, and all o!he
property-real, personal. or mixed.
The committee covenants that they vii
proceed to organize the.Richmond and ALE
ghany Railway Company as soon as possible
alter the conveyance Of the property to tb
committee, and that upon the organization o
said railway company the committee vii
make all necessary conveyances which shall
be appropriate to vest the title to the pro
perty in the Richmond and Allegheny Ran
way Company, and the railway company shal
j thereupon ratify this mortgage and assume
all the obligations thereof.