The western sentinel. [volume] (Winston-Salem, N.C.) 1887-1926, 1897-03-18
COMPANY ORGANIZED
TO BUILD THE STONE MOIJN.
TAIN RAILROAD.
MIR. CIV. Hinshayv Chosen President.
Other Officers - Company Owns
Several Thousand Acres of
Fine Timber Land.

Inc 11mDer Land.
Ga Thursday, March 11th, there
was organized in the city of Raleigh,
company which has for it's purpose
the development of the Northwestern
part OF North Carolina, the South.
western part of Virginia and the
Northeastern part OF Tennessee-a
section for its production of good cat
tie and horses is equal to any East Of
the Mississippi River and in timber,
iron ores, coal and other minerals and
In its natural beauty and climate has
perhaps no equal on the American
continent.
We refer to Stone Mountain Rail.
way Company, the charter for which
was granted by the recent session of
the General Assembly. Tue SUBJ
sCribers to the capital stock of the
Company held their first meeting in
Raleigh on the 1lth inst and elected
H. L. Smith, of Norfolk, Va, w. FL.
Wells, OF New York, A. M. Clegg, of
Washington, D. c, j. E. Stagg, of
Durham, N G., and G. W. Hinshaw,
of Winston, n. c., directors The
directors afterwards held meeting
and elected 6 w HInshaw, President;
v
NJ. Hinshaw, Secretary; III. l.. Smith,
Treasurer, and w. II. Wells, Chief
Engineer. The principal Office will
De IN Winston, n. c., where the Presi-
dent may be addressed.
1t is the purpose of this Company
to build standard gauge railroad
from a point on the Northwes tern
North Carolina Railroad. at, or near
North Wilknsb0ro, N G., in North
RI diufu
mheS to Stone Mountain, thence
| across the Blue Ridge into Allegnany
county, thence Via Of one OF two
routes, one IN Northwesterly direc-
zion through Allegheny and Ashe
counties, n c., 10 the Virginia or
Tennessee line, so as to connect with
d road now being Quilt from A bfBg
ton, Va, TO the Northwest iCto the
Coal fields OF Scott, Wise and Russell
Counties, Virginia, and in South
eaSterly direction to the North Caro-
lima or Tennessee line, or from Stone
Mountain IN Westerly direction
through Allegheny and Ashe counties
| to the Tennessee line and thence on
to connection with Bristol, Tenn.
| The line via A bington would put the
| coal fields of Virginia within less
| than two hundred miles OF Winston
Stone Mountain Granite and Tim
UoT COMPANY NOTUu carolina cor
poTation, with SI00, 600 capital, owns
Stone Mountain, which is five miles
| in circumference and 750 high, solid
granite Of the dnest quality, and this
| Is only d small part of the ten miles
area OF granite around it, Besides the
granite, this Company owns several
| thousand acres or The finest timber
lands OF that section. Col. III l..
Smith, Of Norfolk, Va, is President
| OF Stone Mountain Granite and Tim
| Der Company, G.. w. HInshaw, OF
Winston, n. c, Vice President and
and Walter Sharp, Of Norfolk, Va :,
| secretary and treasurer.
The building OF Stone Mountain
Railroad means that the rich iron
| ores in the section through which it
runs Will be utilized. Iron furnaces,
| stone Quarries and saw mills will dot
| the line and the granite, iron, lum Der
| aud coal will tind a market through
| North Carolina and add immensely to
| the freight traffic to Norfolk, Will
| miDgtOn and other points. This will
| be tue shortest possible coal line to a
| very large portion of North Carolina,
| and is destined to be a road OF very
great Importance. Fifteen miles of
| the suggested A Abingdon connection
| are graded, ready for the track and an
| engineer force is now making better
| ment surveys TO Stone Mountain from
the Northwestern North Carolina
Railroad, the line bavlng heretofore
| been surveyed. 1t is such enterprises
as these that build up and make a
| State rich.