Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-03-19
IN RECEIVERS HANDS
THE WILMINGTON, NEW DERNE q
NORFOLK RAILWAY COMPANY.
A Big Internal Improvement Pro-
ject-yesseIs I'm Distress-Narrow
Escape of a Captains Wife and
ChfIdren-sotcs.

NORFOLK, VA, March iS.-(Speciai.)-
The Wilmington. New Berne and Norfolk
Railway Company, running from VIII
mington to New Berne. n. c., through
swampy and rather barren district, has
gene into the hands of receiver. The
road does not, as its name would imply,
touch this city. but an extension from
New Berne 70 Norfolk was In the plan
of it's projectors. The receivership, how
ever will put quietus on this scheme
for some time. The court has appointed
as receiver Mr.. H. A. Whiting.
The Stone Mountain Railroad Company
has been organized to build standard
gauge railroad, 100 miles in length. from
North Wilkesboro' to Stone Mountain.
thence across the Blue Ridge mountains
through Allegheny and Ashe counties to
the Virginia or Tennessee line. to connect
with a road now being built from Abing-
don, Va, to the Northwest into the coal
fields of Virginia, or to the Tennessee
line and thence to a connection with
Bristol. G.. w. Hinshaw. OF Raleigh, ".
c., is president Of the company, which
has a capital Of $4,000 This will be in
creased to $1,000 per mile when work on
the road begins. w. II. Wells, of New
York, is chief engineer. Stone Mountain
after which the company is named, is
owned by the Stone Mountain Granite
Company, a North Carolina corporation
with 100000 capital. Colonel II. l.. Smith
OF Norfolk, Va, is president OF the latter
company.
SHIP IN DISTRESS.
The sailing-ship Cambrian King has ar
rived In Hampton Roads in distress. and
with all her sails gone. they having been
blown away I'm storm at sea last Sun
day. She is loaded with oil, shipped by
the Standard Oil Company, and was
bound from New York to Hongkong.
China She had a severe experience, and
the crew were about 10 cut away her
spars when the storm abated. AS It
was, besides the loss OF her sail, they
had to throw overheard 2.450 cases OF OIL
and the rest of the cargo shifted. which
listed her I'm the heavy sea and increased
her peril. During the storm the cap
tain's wife and child had a narrow escape
from drowning the cabin nearly filling
with water before they could be rescued
They owe their lives to stewards. who
entered the cabin, in which there was
seven feet Of water and took them out
MUCH INTERESTED.
The wholesale merchants and exporters
the hearing before the Interstate Com
merce Commission, I'm New York. of the
complaint Of eastern roads and cities
that unjust differentials operate in favor
of this port and Newport News. Trans
portation men assert that no unjust diff
ferentials exist between northern points
and Norfolk. but that this ports natural
position and the shorter haul are the
advantages she enjoys over New York.
Boston, and Philadelphia Tive winter
load-line rule, which allows vessels 10
take larger cargoes here. is also an
other advantage, and these two unalter-
able facts are what have made the ex-
port business of the port increase at a
rate that has alarmed New York and
the other eastern cities
The American brig Cameo, from Cuba
10 New York. with sugar, Is here IN dis
tress. She viii be towed to destination