The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1896-01-14
ABB


EH-nNNHHH yF .fENi
Western and Nortbern Capital Inter
ested in tho EDterpr3ss-Work TO
n Westward to be Begun at Once
Charleston Sunday News.
The negotiations which have been
pending. Tor the past three weeks be-
tween the Greenwood, Anderson and
Western Railway and the Carolina
Midland Railway for the lease and OPP
tion to purchase the latter were con-
cluded yesterday, when all of the pa
pers connected with the matter were
approved by the respective counsel of
the parties interest and arrange
ments made for tho turning over OF the
possession of the property on next
Wednesday,. The parties who leased
the road aud who contemplate pur-
chasing 1T and extending 1t westward
are men OF large a and co%nsidera-
able railroad experience, and carefully
examined into the situation before
concluding their negotiations. 1t is
etated that immmediate arrangements
will be made to extend the road In the
direction of Greenwood. So far as tho
Southern terminus Is concerned 1t will
probably be either Charleston or
Savannah, dependent upon what en-
-couragement la given to the projectors
of the enterprise to go to either city.
The lease has been guaranteed by
the American Banking and Trust
Company of Baltimore, Md, a large
and influential trust and surety COM
pany, and 1t Is understood that this
corporation will also be trustee under
the mortgage when the extension is
begun and the new bonds issued.
The officers of the new road are as
follows: Mike Brown, president and
treasurer /; J. L. VillalOnga, viceipresi-
dent; L. M. Mordecai, general COUNSEL;
l.. G. Harris, superintendent; Thomas
b. Lee, chief engineer.
Col. Mike Brown, who is president
of the new railroad company, has been
in tue city for some weeks, and he
was found by a reporter for The Sun
day News at the Charleston Hotel
yesterday. He said that he did not
feel at liberty to discuss all of the plans
of his new company at this time, but
That's there were some matters of
interest to Charleston which he would
be glad to talk about. Col. Brown
company were matured, while others
were merely In process of completion,
and this fact would, he thought, &C.
count to the public for his silence on
certain points. He said that the first
objective point Of his road, would be
lBatesburg, and the second would be
Greenwood. Men of known ability
were interested in the enterprise with
him and whatever plans were finally
agreed upon woul3 be carried out.
The first step which he would take
would be to put a full corps Of engi-
neers in the field, with instructions to
survey at once q route from the wes-
tern terminus of the Carolina Midland
| IN Pofno1trrpr frN,,, fl~.0 - C-4--
wood, n from that point lines to An
derson and Greenville respectfully
In regard to the southern and south
eastern terminus he was not prepared
to speak so confidently. He was in.
clined personally to make such ar.
rangements as would bring his road tc
CbarlestC n, but Savannah had certain
claims which could not be neglected
One thing he would say, however, and
that was that he was ready to NEE,
any fair proposition that Charleston
might have to make. Charleston had
been trying to build a road to the
West and there had been end. ess tall
on that subject. If Charleston mean
business she could show her hand. L
was just about eighty miles from
Charleston to the southern terminus o
his road, and he was ready to sign
contract to build eighty miles /
Charleston's Construction Company o.
any party of reputable business men O
this city would agree to fill up tina
gap.
Col. Brown said that Savannah was
he believed, anxious to have the roa,
extended to her limits. He had ha,
assurances from leading business me-
on the subject, and he knew Savannah
business we'll enough to know that the,
meant what they said. When he wa
building the South-Bound Road he ha,
found Savannah men full OF energy an,
enterprise and ready at all times t
work for their town, and he believe,
that the present enterprise would b
n that would command their support