Evening journal., 1889-03-13

DNofoes 1fhhted and
stan Correspondence EVENING JOURNAL.
DOVER. March -Representativ
Clark introduced to-day by far the most
important act in relation TO rail.
ROADS that has been introduced
since 1881 The act is entitled
an Act to incorporate the Della.
ware and New England Company. In
the synopsis of the bill as is given below
u VIII be seen that all the incorporators
are men prominent in the financial circles
OF New York and Philadelphia. The es.
lows: ~ ~
Whereas: John S. Wilson. Charlie
magne Tower, Jr., Arthur e. Newbold
Henry Mccormick Francis w. Kennedy
stephen A. Caldwell, John w. Brock
". ". Gibbs. Arthur Brock, Henry o..
Seixas, Joseph L. Sinnott. Charles +
kerwind, Charles e. Morgan. Jr., and
other persons in section / Of this act
mentioned, and their associates are the
owners OF stocks Of certain railroads and
other corporations connected Herewith
IN States other than in the State Of Della.
ware, but forming part of a through line
which will connect the State OF
Delaware with the New England
states and will afford an out.
let for the perishable fruits of the
Delaware peninsula directly to the New
England markets by an all rail route,
whereby the delay now incident to the
terriage of the cars around New York
city will be avoided, and are desirous Of
consolidating their respective interests in
said properties by the creation of cor.
poration with power, inter ALA, to pur-
chase the aforesaid stocks 50 that the
expenses necessarily incident to separate
ownership may be reduced and the ser.
vice of transportation be performed as
economically as possible.
Section 2, gives the company power to
sell, own and hold the stock of other cor
porations, to make advances Of money.
guarantee the stock of companies, make
contracts, executeand carry out contracts,
leases, use, make, purchase and maintain
any works or improvement in connection
with or incidental to the business Of said
company; to have power to consolidate
with other companies
Section 3, fixes the capital stock at
$500 900 with power TO increase to any
amount necessary. They can organize
when 5000, 600 is subscribed.
Section 4 makes the principal Office of
the company in the city of Wilmington.
The other sections are the usual ones Of
incorporation acts. The preamble shows
in great measure what the bill is. The
object Of the incorporators being to
form trunk line for the shipment of
fruit, etc, from the Delaware peninsula
to the New England states and Canada.
At present fruit shipped to these places
must be ferried around New York at a
great expense. To oDviate this route
has been projected which takes the usual
course until Trenton, N. j., is reached.
then instead of continuing on TO Jersey
City as at present, divergence Is made
to Easton, Pa, and from there by sys-
tenn Of railroads a direct route
is made to Poughkeepsie, N. Y.
From this point nearly every
point in New England and Canada can be
reached. George V. Massey, ESQ, who
Is interested in the bill explained that it il
an act to make available the recently
erected bridge over the Poughkeepsie
river and the Lines Of railroad east and
west thereof. At present these roads are
controlled by two corporations and to-
gether with the bridge are operated
nuder an agreement. The intention of
bill is to form corpora.
tion that will purchase the stock of
the three companies and form one new
company. The corporators named in the
act are all identified with the various
companies affected by the act. Joseph S.
Wilson is the president of the Pough-
keepsie Bridge Company, Cbarlemagne
Tower is large Philadelphia
builder, Arthur E. Newbold, a member
Of the firm of Newbold & Sons, Henry
Mccormick, Pittsburg capitalist /;
Stephen r. Caldwell, president of the
Fidelity, Insurance Trust and Safe De-
posit Company, John w. and Arthur
Brock are the principal persons inter
ested in the Poughkeepsie bridge. Should
the charter be granted and the company
formed it will enable the growers to
save two hours in marketing their fruit
They can also reach many points in New
York state much quicker over this route.
In reply to the question "Why do they
come to this state for charterY' Mr..
Massey said. They cannot obtain the
same privileges in other states as they
can In Delaware the constitutions of the
other states forbidding it.
Mr. Massey was asked if the Pennsyl-
vania railroad had any connection with
the bill. He replied:
mo; nothing whatever
THE TEMPERANCE BILL.
The Committee on Temperance held
their first meeting to-day and considered
the Prickett monstrosity. IL was de-
cided to hold public meeting on Mon
day evening next to consider the bill.
The friends and opponents Of the bill are
both invited to be present and state
their views. The bill, as it stands, has
some Objectionable features to nearly
every member Of the House and when a
bill is finally presented, the pruning
knife will be applied to nearly every
section, and very little Of the original
bill will remain. It is not likely that the
high license aud local option features
will be joined in one bill The discus
sion will no doubt be free and easy one.
The meeting will do much to ROB the
measure Of a partisan bias and will re-
suit in the promulgation Of measure
that will probably divide the members
OF both parties. There are some Repub-
licaus who are opposed to legislation
upon the subject, thinking with the
great mass of the people, that our pres
ent law is an excellent one and if prop
erly enforced will answer all the require
ments desired. A bill in some shape
may pass the House, but viii never 90
through the Senate.
ADJOURNMENT.
Senator Collins took the first step
towards adjournment TODAY in the