Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1890-07-17
Western Maryland HailrOad.

The prospectus Of the Western Maryland
Tiicwa,er Railroad, issued rcrcn'Iy, give,
the purposes and plans of the Company, as
follows:
"Simultanco,lsly with the building OF the
TiucwntcI Lane, it is proposed to instruct Il
branch line, about 80 miles in length, ir"m
the Baltimore and Harrisburg Railroad, a dl-
vision of the Western Maryland, through the
CITY of York to connection with the YAM
a,lclph, and Reading Railroad ut C,lckirs,
near Marietta, in Lancaster county, Pa. also
a branch line, 20 miles in length, from Thorn
usyiIlc, upon the proposed York and Chick
les Lines, to Bowmansd.lr, upon the Harris
burg andpolomac Railroad about eight miles
west Of Harrisburg. and to operate its trains
To and from Chicklcs and Harrisburg under
contracts already made with the Philadelphia
and Reading Railroad Company for full in
tcychanyc of business and for tr,Ckagc be
tween Bowmuns,lalc and Harrisburg, inc'ud-
ing the USE of all Philadelphia and Recalling
facilities at Harrisburg, the Philadelphia and
Reading Company now having II larg" force
emplcycd in bridging the SuSqnchanra river
and com plctln", in the name OF the Harris
| burg Terminal Company, the unfinished i"r-
ZION of the Harrisburg and Potomac Railroad
!.swccn Bowmansd,c and Harrisburg.
| The plans also cover IN extension OF 'hr
r,aiu l,uc Of the Western Maryland, undcr
Size n,,nr Of the Potomac Valley Rai'r"ad,
! from Il roin. upon the main line OF the lai
| .iu,,rc and Ohio railroad, near Cherry Run,
! WcI virginia. in connection with which Il
| euu,ya,, has lisa ho,n entered into with the
R,),i,rorc aad Ohio Railroad Company for
4 full interchange Of business. The West
crn MARYLAND Railroad Company will lease
| u,c Underwater aud other proposed lines, pay
nr Il rental equal to FIVE per cent, upon the
outstanding bonds of the Underwater Compa-
ny. and will enter into traffic contract with
each of the proposed new lines t" supply to
/. passenger and freight traffic i'll sufficient
,mouuts TO enable it to earn the necessary
amount to pay its expenses OF every charac'
ter and FIVE per cent, upon 'hec"s', either as
a dividend upon stock or interest upon bonds
rs the case may be-.
The prospectus III rthcr says:
In brict it IS proposed that the Western
MARYLAND Underwater Railroad Company is
sue "a 600 600 first mortgage so year per
cent gold bonds. Ot these 81, 200 ,OoO is to
he applied to the purchase of the stock
of the Pcnnsyivani, lines to be hullt
,.nder the charter of the Baltimore and llnr,
risburg Company Eastern cxtcnsion) from
portcr's Station, via York to Chickics with
a br,ncll from, Thonnsvilc to Bowmansdalc;
s4OO, 900 to the purchase OF the stock OF the
Potomac Valley R.ilroad, or MAN line cx'
tension from Wlliamsport, Md, to con
n,c,ion with the b. and o. at Cherry Run
81 100000, or ~ much thereof as may BIZ
necessary to the construction of It's own line
through the city of Baltimore to Underwater
the balance, after paying interest during con
s,ruction and meeting contingent expenses,
ia be held IA u reserve fund or invested II
terminal property and new equipment, to be
l,lI IN the name o' illcTdrWnlr' ( omi'AoN