Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-10
CAREFULLY GUARDED
Are the Interests of the County in
the Railroad Ordinance.

are the Interests OF the County In
the Railroad Ordinance.
WHEELING, w. Va, July 9, 1900.
To the Editor the Register
Sir:-To further illustrate the point
in my communication of yesterday,
published in your valuable paper, per-
NIT a further quotation from the pro-
visions of the ordinance pertaining to
the subscription by Ohio county to the
stock of the Uniontown, Waynesburg
& West Virginia railroad.
Upon yesterday the provision for the
protection of the county in the first
installment of the $500, 900 subscription
was spoken of. In paying the second
subscription the county is as amply pro-
tected. Speaking Of such second pay
ment on account of the 100000 sub
scription, the ordinance reads: "A Sec
ond one hundred and fifty thousand
dollars thereof when at least nine hun
dred thousand dollars shall have been
expended by the said railroad corpora
ton in the construction of it's railroad
in the said countless" Ohio and Mar
shall counties, the last four hundred
and fifty thousand dollars of such nine
hundred thousand dollars having been
In like manner, and in good faith, OBJ
tanned wholly by the sale to private
subscribers of like capital stock of said
railroad corporation, the intention
hereof being to make 1t condition of
the subscription by the county that be-
fore the payment of the first two in
stallments thereof, three times as much
money shall have been furnished and
put into the construction of such rail-
road in Ohio and Marshall counties by
means of the sale of other stock of the
company, of the same kind, to private
owners or subscribers who shall have
risked such money without obtaining
any preference or advantage over the
county of Ohio in regard thereto"
1t is almost unnecessary to comment
upon the care with which the quoted
provision has been worded, or attempt
to demonstrate such a self-evident
truth as that is completely protects
Ohio county.
The second $4,000 of the county's
subscription is only paid when $780,
600 has been expended by the said rail-
road in the construction inside of our
State of West Virginia, in Marshall
and Ohio counties. The whole of the
100000 must be actually expended in
the construction in our State before
the second $150,000 is paid by Ohio
county. This 100000 must be raised
by the sale of stock exactly like the
county's stock, to private subscribers
In other words, private money to the
extent of nearly a million dollars must
not only have been subscribed for the
same kind of stock as the county gets,
but it must be actually fixed and fas-
tened in the railroad by being expended
in its construction before the county
pays for it's second installment of
stock.
1t will also be remarked that the
county's stock and the private owners
or subscribers stock must be of the
same kind. The private subscribers
cannot have a preference over the
county, and the 100000 is not to in
clude the first $150,00O paid by the
county. The private subscribers must
have put in 100000 of their own good
money in the construction of the road
in West Virginia, exclusive of any
thing the county may have to pay, be-
fore the second $150,000 is paid The
private subscriber must put in three
dollars to the county's one. No ra
tional man, not desiring to crush an
enterprise filled with blessings for every
person in this community, laborers and
business people, could oppose a sub
scription so carefully guarded.
CITIZEN.