The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-03-15

RHEUMATISM
to $1,500,000. The principal office of the
company is to be at Lumberton.
| The incorporators are Alfred A.
| Sparks. Geo. Werterer. c. Il. Lent A.
b. Pearson, Lewis c. Leidy John w.
Leidy, w. H. p. Barnes, John C. Davis,
Jr, Harry A. Powell. Peter e. Bird.
Ellis Pugh. Robt s. Huston, VIM r.
Lee. f. n. McCollin. NJ. NJ. Freeman,
A. Topham, .E. A. Ryan, J. Dixon An
drews, Myers w. Dawes, Geo. A. Nc
Fretridge Henry Neater. A. d. Phillips.
John Il. Phillips. John Il. Farrell. o. r.
Jones. Geo. III. Macke and w. j. Moore,
all of Philadelphia. Pa.
Somewhat i'll the nature of continual
ton of this road, though under an en-
tirely different management is the Aa-
lantic and Western Railroad COMPANY.
which is authorized by its charter to
build line from Goldsboro. through the
counties of Wayne. Johnston, Harnctt.
Moore and Montgomery counties. thence
on in the direction of Concord, Salisbury
or Charlotte, and thence westwardly to
the Tennessee State line
The capital stock of the road shall be
$4,000, though this may be increased
from time to time up to S1.O00000.
IncorporatorS of the company are
Julian s. Carr, of Durham: w. !. Ed
wards and w. j. Adams. of Moore
county; Il. L. Young, of Harnett county;
r .1cT III L
Borden, of Wayne county.
In practically the same section, though
not on so extensive as scale, is the South
eastern Railroad Company. 1t is given
the right, by its charter. to build and
operate railroad from Elrod to Ash
pole fnow Union city). in Robeson coun-
ty. and from Ashepole Union city, to
Hub in Columbus county. Much of this
road-the Elrod- Ashpole branch-has al
ready been built.
It's capital stock. left to be fixed by
the stockholders. shall be not less than
$4,000 nor more than 100000. The
principal office of the company is to be
in Wilmington.
Power is given to consolidate with
other roads of to leave the road and its
upon by the stockholders.
The Cape Fear Terminal Railway
Company is authorized to construct a
line from Wilmington. or some point on
the shores of the Cape tear opposite
Wilmington, to Southport, in the county
| Of Brunswick, and thence into South
Carolina; and from the shores of the
4 Nn,.f
through the counties of Brunswick Col
umbus. Robson, Richmond Arson or
Cumberland to any point ON the line of
the Carolina Central or the Cape Fear
and Yadkin Valley railroads. and thence
north to the Virginia State line.
The capital stock is fixed mt 81 900 600.
the company to be organized as soon as
| $4,000 has been subscribed and , per
cent. of it paid i'll. Counties and towns
or townships may subscribe for stock.
The incorporators of the company are
| Iredell Meares. NJ. c.! Guthrie, w. G.
Curtis, William Weeks, William A. VIII
| liams and VIM. H. Green.
The Kinston and Jacksonville Railroad
| Company has been Incorporated TO build
| a line between the towns named
| distance of forty miles.
This road is to run from Kinston in
| Onslow county to Jacksonville in Jones
county, by way of Tuckahoe in Jones
county and Richards and Catharine
| Lake in Onslow county. The ineorp0ra-
tors are G.. w. Taylor. +. w Harget,
J. w Burton, Frank Padrick, John f..
| Koonce, Frank Andrews, ;. b. Taylor,
]. +. Boggs, O. Il. Cox, Joseph Il.
| /, l.
terry, r. ID. Thompson. j. l.. Nicholson,
j. W. Mills, l.. w. Target. NJ. b. Steed,
H. w. Humphrey, f. y. koonce, j. r..
| Franks, H. f.. Brown. +. NJ.
Dixon. w. S. Herbert J. c. Wooten,
A. Mitchell. ID. Oettinger. j. w. Grain
ger. w. A.. Laroque, b. w. Canady, s.
III. Abbott and Il. f. Cox
| The capital stock is 100000. When
$4,000 is subscribed. and per cent. of
| this amount paid in the incorporators
shall meet and organize. Bonds to the
amount of 100000 may be issued.
| AS the road will pass through con-
| siderable body of the State lands. i'll
which the State of North Carolina has
a direct pecuniary interest, and which
lands are now entrusted to the State
| Board of Education. and the construction
of said railroad will contribute largely
to the reclamation of said lands and add
much to their value, the board of direc-
| tors of the North Carolina penitentiary
are authorized to contract with and de-
| liver TO the railroad company as many
| as 300 ablebodied convicts at 81 per
month for each convict for such length
of time as the railroad company may de-
sire their employment.
The Beaufort and Pamhco Railroad
must be built from some point III Beau
| fort county. ON either Durhams Creek,
Pamlico river or South Creek, to some
point ON Neuse river or its tributaries in
Pamlico county. Branch roads not eX-
ceeding twenty miles in length may be
| built and the company may operate
| steamboat lines in connection with the
road. Authority is also given TO own as
much as 100000 acres of timber lands
The capital stock of the corporation
is $4,000, which may be increased to
100000. When 5000 of this has been
| subscribed and 10 per cent of 1t paid
in the company may be organized.