The comet. (Johnson City, Tenn.) 1884-1916, 1890-06-19
RAILROAD CHAT.
Facts as to the Marrow Ouage Com
Ing to Light.
Danville tya.) Rcglster.l

Danyille Ya) Rcglsterl
The Register has had u hard time to |
get at the bottom facts with reference
to the Danville and New River deal,
but one by one the facts have come to
light, and here is another revelation.
The proposition before the council
is somewhat i'll the shape Of an option.
The representatives OF the bondhold-
ers simply desired TO know of the
council il that body would accept $685.
900 in compromise Of the city's suit
now pending in the United States SUI
preme Court, if that sum of money
should be paid into the city treasury
OH or before the 10Th OF June. And
the council agreed to do so. If the
money is not forthcoming by the time
designated, then the option expires by
limitation.
HAS THE TAIL HOLT BROKE?
As yet the money has rot been paid,
and former member of the council
is of the opinion that unless the Rich,
mond and Danville people want to
broaden the guago of the road, they
will not pay Danville n cent, but have
their own receiver appointed and OPP.
crate the road as it now is, until Dan
ville's suit is decided However, this
is mere opinion, and the council
may yet get $4,000 for the city's
claim. The basis upon which the
amount named is arrived at is as fol
lows For the stock, $4,000, and Il
$4,000 dividend claim allowed by the
court and interest thereon.
MR.. HARRISON Is MUM.
Mr.. James P. Harrison was waited
upon by representative of the Regis
ter and asked if he had any statement
to make with reference to this deal.
He replied that for the present he pre-.
ferred not to talk, but that the public
had not had the Atlantic and Dan.
ville's side Of the story and he had an
interesting story to tell. He thought
it best not to say anything just at this
time, but that he would make his state
ment to the public later on. He as
sured the reporter, however, that the
Atlantic and Danyille road would be
extended to the West.
LIMITED TINE.
1t is plain, hewever, that the pur
chase Of the Danville and New River
road by the Richmond and Danville il
serious drawback to the Atlantic anC
= Danville. The order OF election Jude
= which Danville voted a subscription t,
S the western extension reads as follows
t The bonds of the town of Danyill
: shall be issued and delivered to salt
Danville and East Tennessee Railroad
Company in payment of the capita
{ stock subscribed for as follows, viz:
d Fifty thousand dollars, $50, 0O0)
y and when said railroad company Of
:. or before July l, 1891, shall have con
structed or acquired the ownership o
use of a standard guage railroad fror
e its depot i'll Danville, Virginia, to Mac
y ison, North Carolina, or some othe
n point westwardly from such depot an
4 as far therefrom as Madison; or sha
have acquired the ownership of tn
Is Danville and New River railroad, an
p shall have converted the same into
o standard guage railroad from Danvill
to Stuart, Patrick county, Virgins
and constructed or acquired thereto
l. an independent entrance into Oar
g vile.
g. Fifty thousand dollars (S50,000) W
l. on the construction OF fifty additions
i miles OF new road as part of such col
u tinuous through line on or before Jul
n LIST, 1898.
d The remaining fifty thousand do
Il lars ($50000) thereof upon the con
g pletion of said line to the main lin
:, OF the Norfolk and Western rairoa
II at Max Meadows, or Bristol, or bt
e tween said points on or before Januar
a LIST, 1895.
If 1t would be an easy matter to broad
l. en- the guage of the Dahville and Ne
h River in years time, but it is quit
another thing to build a new road t
Madison in twelve months. OF cours
ii can be done, and it may be that thi
u turn of affairs will make the Atlanti
e and Danyille people hustle. And tina
- they will have to do, for it would be
hard matter for the company to get a
= extension OF time from Danvile. Thi
!. is not an opinion, but fact. Som
people-and not visionary people g
l. that-are already saying that the bes
Re thing Danviile could do would be t
=, y take her $4,000 and build line {
her own either to the Cape Fear Roat
Ie or 10 the Roanoke ana southern.
l. DIDN'T WANT 1T.
Il Il An esteemed citizen, who, like NJ
I Harrison, preferred not to talk jus
n now, told the Register that the Altar
tic and Danville people were offere
II the Danville and New River road, BIT
refused to take it. That Mr.. Batema
" said he wouldn't pay cent more tina
y. 100000 for it, and that the Richmon
and Danville people then stepped i
and took it up for $4,000 He also sal
that Gen. Peck publicly announce
some time ago that his people had n
!" idea Of taking the Danville'and Ne
4 River route, but would 60 west by wa
g OF Madison.