The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1901-05-15
WINSTON and WADEsBORO.
Charleston Men Will Help Build a
Railroad.
From the News and Courier.

Application Tor charter for the
Winston and Eadesboro Railroad has
been made to the Secretary of State OF
North Carolina The company, which
proposes building the Few road mum
bers many prominent Charlestonians
among its stockholders. Its capital
stock is placed at $4,000, over "a
fifth of which has already been sub
scribed in this eity and State. The
temporary directors of the company
are Col. Thomas Wilson, W. E. Huger,
r. G. Rhett, F. Q. O'Neill, John Me
Sween and P. a. Wilcox. Three OF
these gentlemen are leading citizens
Of Charleston and the other three are
wen known here and throughout the
State.
The new road Is to run from Wins
4on to Wadesboro and will be about so
miles IN length. At Wadesboro 1T
viii connect with the Atlantic Coast
Line, and in that way will be directly
trabuEary to Charleston. It will give
business men here direct access to a
vast and fertile territory, which they
haze never been able TO reach before,
and is doubtless destined to prove an
important factor in the new era of
prosperity upon which Charleston is
Just nov entering.
The application filed with the Secre-
tary of State of North Carolina is as
follows
To the Honorable Secretary of State
of North Carolina: The undersign-
ed persons, VINO desire to form them
selves into an association for the pur-
pose of constructing, maintaining and
operating railroad within the State
of North Carolina, do, in accordance
with the statutes in such cases made
and provided, hereby make and sign
these articles of association, as fol
lows, to wit:
First. That the name of the said
company shall be the Winston and
Wadesboro Railroad Company
Second. That the number of years
the same is continued will be sixty
years from the date of fling of these
articles of association.
Third. That the railroad is to be
constructed, maintained and operated
from some point within the town of
in the county Of Arson,
State Of North Carolina, to and into
the town of Winston-Salem, in the
county of Forsythe, in the same State;
and that the length of the said rail
road, as near as may be proximate-
ly stated, will be ninety miles: and
that the name of each county in said
State through or into which it is in
tended that the said railroad is to be
constructed will be Arson, Stanly,
Montgomery, Davidson and Forsythe.
Fourth. That the amount of the
capital stockssof the said company will
be five hundred thousand dollars, di-
yided into five thousand shares of the
par value of one hundred dollars
each; with authority to increase the
same from time to time by majority
vote of the stockholders in any meet
ing thereof, to any amount not exceed
ing one million dollars.
Fifth. That the names and resi-
dences of the six directors who shall
manage the affairs Of the said company
for the first year and until others are
chosen in their places, are as follows:
Thomas Wilson, of Cade's: William
E. Huger, of Charleston R. G. Rhett,
of Charleston; F. @. O'Neil, of
Charleston; John McSween, of Tim
monsville; P. A. Wilcox, of Florence.
In witness whereof we have hereunto
set our hands and written opposite
thereto our place of residence and the
number of shares to which we each
respectively subscribe:
Thomas Wilson, of Cade's, S. c.,
$50 shares.
Wm. E. Huger, OF Charleston, l5o
shares.
R. c. Rhett, of Charleston, 100
shares.
E. f. pringle. Charleston, 50
shares.
F. Q. o,Neil, of Charleston, 50
shares.
Francis j. Pelzer, per Huger,
Charleston, 100 shares.
Frank E. Taylor, per ,Huger,
Charleston, 100 shares.
Sam. Laphlam, Charleston, 50
shares.
Jas. S. Murdoch, Charleston, so
shares.
A. F. C. Cramer, Charleston, 80
shares.
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