The Big Stone post. (Big Stone Gap, Va.) 1890-1892, 1891-05-15
MINISTERIAL NOTES.


Gen Ayers promptly secured 4 charter for
the Interstate Banking x Trust Company, and
The enterprise will be put in operation as early
as possible. \ notice has been sent to the
bondho!dcrs by the officers cf the Company
requesting them to forward their boyds at once
and The certificates Of stock will be returned
to them. The enterprise meets with the hearty
endorsement of The community and Gen. Ayers
deserves credit for It's conception and the zeal
with which he has pushed it forward. The
plan i'll brief is 10 surrender the bonds and ac-
cept in lieu Of them stock in the Banking Com
pany, and allow all cash payments on the
bonds TO remain 50 much cash capital for
the Bank. Hitherto the city has been drained
Of money to meet interest on the bonds. Now
that money will remain here and be put in cir
culation by loans and otherwise: and while the
Bank will start Wit, only about $40 900 cash
capital, this sum will be increased as payments
on the bonds are made, so the cash capital of
the company will ultimately reach about three
quarters Of a million of dollars.
1t is understood that the disagreement which
caused temporary suspension on the founda-
ton and frame work of the furnaces has been
adjusted. the parties having come to satistac
tory agreement or the subject, and work will
be resumed at once. There has been no sua-
pension CT the iron work
Through passenger trains over the l.. y.
to Norton will be put on to-day. The first
freight train reached Tie Gap Monday from
Louisville and it will now run regularly.
Contracts have been signed by the Dummy
Line Company for the bridge oyer the North
Fork and for the construction Of the track TO
the l.. i r. depot. The wor. will Ls pushed.
The depot building at the l.. & \. Freight
yards is nearing completion and the roof is be-
ing put Oh the large building Of the Crate K
Mantel works, adjoining the depot grounds.
Considerable improvements have been made
in building in the neighborLood Of the Sui
phur Springs property and on lmboden
heights.
Every one who has drunk the water from the
new supply pronounces it the best The drinkcr
ever tasted. 1t is as clear as crystal and al
most as cold rs ice water. The pipes will be SO
extended within week that the ynlirc city will
be supplied.
1t is difficult to understand why those in
charge of the paycmcnts do not lay The walks
along Jerome street. which is such thorough
fare, leading as it does TO point where the
train stops for passengers, and along which
nearly all persons coming from the district
North ard East Of the city travel. Yet, nota
foot OF walk has been laid alonS this street,
though less frcquencd streets have walk on
each side Is it spite work? Who is response
bic for it? Explanations are certainly in order.
An important movement seems TO be pro-
crossing in the direction of another connection
between Big Stone Gap and Norfolk. 1t i. I'M
dcrstood that Il large sum has been raised to
push the construction Of the Atlantic 4 DAN
vile road, along a route which will be equally as
direct to Norfolk if not more go, and new and
independent line TO the coast at Or near that
point would prove of great advantage both to
Big Stone Gap and to the l.. i y. Railroad.