The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1890-02-20
The Iron Gate COMPANY.


A committee consisting of J P. Houck,
Winfield Liggett, Jacob Meserole, John
W. Taliaferro. John g. Yancey. John r.
Saum. q. Huston OFT. Capt. G. A. Sprin-
kle, appointed by the stockholders of
the Harrisonburg Improvement Com
pany. visited Iron Gate early in the
week to inspect the property of the com
pany as designated by the prospectus
( The committee returned Wednesday
morning highly delighted with what
they saw, and enthusiastic in the high
est degree over the future Of the com
/ pany. At "a full meeting of the stock
holders Wednesday night the committee
were unanimous in q most favorable
report, ana the following organization
was effected: J. p Houck, president;
Join ii. 1ancey. vice president; L. A.
Long. secretary; G. III. Chandler, treas
urer Directors: Jacob Meseroe. G. A.
Sprinkel, John r. Saum Ed s, Conrad
and Winfield Liggett. SO buoyant was
the feeling in the meeting that stock
commanded a premium, with no sellers.
Strayer u Liggett were engaged to pre-
pare and apply at once for a charter
from the Circuit Court Rockinghum
Register, Feb. IA
we mentioned last week the fact that
committee of the Harrisonburg I'm
provement Company had visited Iron
Gate. The above is the result. While
On the ground, Mr.. j. P. Houck, Il saga
clous and responsible business man, said
to his associates, after thoroughly ex-
aiming the premises that he was viii
ling to and ready to take the whole deal
himself Others, however, equally as
favorably impressed, manifested pur-
pose to go in to the extent of their abil-
ity. 1t was with this feeling prevailing
that the meeting on the 18th was held,
and it is not surprising that the stock of
the Improvement Company went up to
a premium. Every movement and every
transaction connected with the Iron
Gate project has been success. and it's
condition is more favorable than ever.
~
Gen. Ingalls, and the G. & 0. r. r.
In an interview last week with a re-
porter for the Richmond Dispatch, Gen.
Ingalls,, president of the Chesapeake &
| Ohio railway, said:
ut is a part,of our programme in max
ing use of the franchises given us in one
of the bills recently passed by the Gen
eral Assembly to establish and operate
two first class lines of steanships-one
to New York and the other to Liverpool.
We also propose t. stretch out our arms
and by constructing spurs and branches
OF railroads from our main lines to do
more to develop the resources of this
State than we have ever been able to do
heretofore. OF course we cannot do all
OF TINS at once; on the other hand it
will take some time, but it is to be done
without unnecessary delay and the
plans are rapidly maturing
In relation to the purpose of Gen.
ingalls, and his intelligent and sagacious
management of the great Improvement
under his charge, we have only to point
to the assistance he is giving to all the
projects for material development along
the line of his road. At Clifton Forge,
Iron Gate, and Glasgow he has identified
himself financially with the industries
inaugurated and those to be projected.
He grasps the situation. and with com
prehensiye understanding of the needs
of the localities where enterprises are
being pushed, he lends the aid of his
suggestions and his means. Already are
the evidences apparent of improved
business for the railroad, and as the in
dustries contemplated receive shape and
form, and are actively put in operation,
the wisdom of his policy will be illus
trated in a largely augmented traffic, /
and the building up of large industries,
stretching continuously from the Blue /
Ridge to kanawha Falls, and down the |
James river valley.
William II. Robinson, mail carrier on
ingham county, to Franklin, w. Va,
was drowned while attempting to cross
dry river on Friday last, near Rawley
Springs. His horse was discovered on
Sunday and his body, with the mail bag,
found