The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1899-09-01

The Coast Line Makes a Big MOVE
ssThe A. C. l.. Terminal Co." Ineor"
porated with Capital stock of S4O..
600. Divided Iuto 400 Shares

uorated with Capital STOCK Oh saw.
600, Divided Iuto 400 Shares
The Atlantic Coast Line has taken the |
second and greatest step towards COM
ing to Augusta by Incorporating under
the laws of Georgia what is styled by
themselves as THE Atlantic Coast Line |
Terminal Company" for a period Of 20
years. The petitioners are H. Walters,
3. F. Newcomer, w. G. Elliott, w. j.
Craig and j. r. Lamar. The object Of
the company is to buy, sell, lease, own,
hold and otherwise dispose of real and
personal property; to furnish yards for
the storage of cars n engines; 10
hold, own, lease, build warehouses, ele-
vators, ~stockyards, platforms and other
buildings, or structures, with authority
to sell or lease the same to railroad
companies, other persons having occa-
sion to use the same; to erect, acquire,
operate and maintain shops sfor the
manufacture or repair Of engines or
cars, and to buy and to sell railroad
supplies.
This seems as much as an open decla-
ration that the Coast Line will erect
a terminal passenger station, as has
been the opinion here for some time.
This Of course means a great deal for
Augusta in more than one way. 1t
means that we will ave a new station,
more competition in the freight line and
an increase in population when the
shops are built. The Coast Line has
been figuring for some time to get into
Augusta, and after the purchase Of the
small triangle block it was known that
they meant to come in against all haz-
ards. The incorporation Of this COM
pany then is the beginning of the At
lantic Coast Lines invasion.
The clause reading, TO lease the
same to railroad companies" a be
construed in no other way than to
mean that the Atlantic Coast Lin will
be sole owner of the passenger station
which it will erect. and assess other
oad for the use Of it.
It is too early yet to say where the
freight depot will be erelcted, but the
property on Washington street will be
used for the passenger station.
The Seaboard men are still making
pop visits to Augusta but are as close
as CLAIMS. They neither affirm nor de-
ny any new rumors.
Two of them were here last night but
nothing was given out. They will start
out Monday to look over some Of the
surveyed territory and make some cal
culations, but have nothing more to
say.
The Charleston News and Courier of
yesterday, in speaking of affairs at
lIlaI III VI liz llL4O a ~ O.
''Since Col. Bunch McBe said Mat
the road between Augusta and Charles
ton would not be started until the
proper terminals were secured, every
one in Charleston has been watching
both rivers in the hope of catching the
Seaboard engineers in the act of meas
uring water front, or even looking at
the waters Of either the Cooper or the
Ashley. If Capt. Balling or one of his
surveyors went down to h Commo-
dore Perry's wharf to take a trip to
the Isle of Palms, in less than 20 min
utes the report would gain circulation
that the Seaboard had located it's ter
minals and the consolidated fleet would
have to move off.
AS a matter of fact the Seaboard is
very reticent On the subject of termi-
nails, and very naturally it should be.
But there are wise people who have
been figuring extensively on the loca-
ton of the Seaboard terminals, and the
best they can do is to place them al
the foot of Columbus street, with the
Louisville and Nashville. Since the de-
nia1 of Mr.. August Belmont, chairman
of the financial committee of the Louis
vile and Nashville, that there was
any chance of a consolidation of his
road with the Southern the "fgurat-
ors'' have gone pack to a combination
between the Seaboard and the Louis
vile and Nashville, and claim that the
survey between Augusta and Athens
is merely to force the Louisville and
Nashville into a trade at reasonable
figures. Be this as ut may, the Sea
board people are holding their oWr
counsel in the matter, and will very
probably continue to do so until they
have made all the necessary arrange
ments.-Augusta Chronicle.