The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-01-14
THE OLD THREE C'S ROUTE
THE COURSE OF THE ROAD TO
BE CHARTERED AND BUILT.
OUR GROWING TRADE WITH THE INDIES
Influenced The Organization cf the New Com
pany, Which is Understood to Have
Strong Backing, Only 70 Niles
Of Road 10 be Graced.
Of Road TO be Graded.

Senator Justice, by request, intro
duced a bill in the Senate yesterday
morning to ratify the incorporation and
organization of the South Carolina and
Georgia Extension Railway of North
Carolina. The bill was referred to
the Committee on Corporations and later
Maj. =. j. Sinclair, of Marion, appeared
before the committee in behalf of the
bill.
The committee spent most of the ses-
sion in considering the bill which was
rather voluminous and involved a num-
Der of important legal points. both I'M
der existing statutes and with regard
to measures to which the majority of
the present assembly is pledged.
Maj. Sinclair urged the favorable re-
commentator of the bin at once, but
the committee wished to look into the
probable bearing of the bill more fully
and so postponed consideration until
later.
The bill ratifying the organization set
forth that the charter was to be per-
petual. This the committee required
to be changed to the statutory limit of
sixty years. The bill also provided that
the new company should have the power
TO sell to any other railroad or corpora
ton and that the new company should
have all the powers conferred by the
old charters of the roads to be CONSOLE
dated. 1t was the opinion Of committee
that clause should be inserted in the
charter declaring that any foreign cor
poration acquiring the new company
should be required to operate it as a
State corporation in consonance with the
platform pledges of the Democratic party.
The committee, also, did not feel justi-
fed in recommending the bill until it
was ascertained what powers were
granted under the old charters which
were sought to be transmitted to the
new company.
Maj. Sinclair was assured that the
charter would be granted him when the
committee had satisfied itself upon
these points.
Maj. Sinclair was afterward seen as
to the new road. He said the bill was
to consolidate the road whose termini are
at present Marion, North Carolina, and
Camden, South Carolina The road is
operated under one charter from Marion
to the South Carolina line and under
another from the line to Camden. 1t is
intended that the termini of the road
when completed shall be Ashland, Ky.
on the Ohio river, and, over the South
Carolina railroad line, Charleston.
The bed of the road is now graded
from the Tennessee and North Carolina
Al. Il ell NJ ,.,l..
in Southwest Virginia. From Irwin to
Jackson City, Tennessee, the road is
being operated. The only part of the
road that has not been either begun
or completed is from Marion, North Car
Dina, to Irwin, Tennessee, distance of
seventy miles. This link, however, it is
the purpose of the company to begin
work Oh next summer. 1t will require
considerable time in the building as the
road will have to be constructed over
the Blue Ridge. Maj. Sinclair said
there was no doubt whatever that the
road would be built when its charter
had been secured. 1t is understood that
the venture has strong backing.
The probable heavy trade with the
West Indies in the near future has had
the effect of revivifying the old three
C's project, which the new road virtually
GENES to. Tapping the finest coal
fields in the world, as the road does, its
direct line to Charleston where a good
outlet to the Indies and Europe is avail
able makes it of great promise, and
gives il advantages over more circuitous
routes.
The people of Charleston are naturally
very DESTROYS that the road should be
completed.
THE road has done much for Marion"
said Maj. Sinclair. The freight rates
are lower there than at any point in