Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1902-12-27
TWO CENTS
COMING SURE.
Railroad Being Built up the
River to State Line.

All Speculation as TO the Fact Has
NOW Reen Ended by Official Deciara-
ton Where it Goes After Ii Reach
es the state Line Is not Given out
All speculation as to whether or not
| the Joint railroad to be built south
of Brownsville by the Pittsburg, Vir-
gilia S Charleston and Pittsburg a.
Lake Erie railroads will go clear
| through to the State line has been
set at rest. One of the largest mort
cages ever recorded IN this county
settles the question. Ii was given
by the Monongahela Railroad Co
to the Commercial Trust Go. OF
Philadelphia, trustees, aud involves
consideration of 81 ,500,0 600. The
mortgage is to secure au issue Of
bonds, and is given on all the Mon
ongahela Railroad Co.'S line con-
structed or to be constructed from a
connection with the roads forming
this line to the dividing line between
Pennsylvania and West Virginia,
SAYS the Connellsville Courier.
The paper filed sets forth that at
meeting of the directors OF the
railroad company held on May Stn,
1902, it was decided necessary in
order to accomplish, carry on and
enlarge the business of the compa-
ny, to issue bonds, secured by mort
cages on the railroad property. The
proper officers were then authorized
to make and deliver to the CONNER
cial Trust Co, trustee, mortgage
bearing date of Oct /, 1902. to Sc
cure an issue of 800 bonds for 81,
600 each, payable IN DO years from
date and to bear interest at the rate
of 81 per cent. A form of the bond
and mortgage is then given.
The mortgage is gwen on all tue
railroad of the Manongahela compa
NY now constructed or in course Of
construction or to be constructed
extending from a point OF connec
ton with the lines Of the Pittsburg,
Virginia and Charleston and the
Pittsburg, McKeesport d Youghio-
gheny railroads, thence southwark
along the east bank of the Monon-
gahela river to the dividing line be-
tween Pennsylvania and West Vir-
ginia, distance of about 81 miles.
1t also includes the Middle Run
branch, which now runs up to Lam
bert, the Moser Run branch to
E1enborn, and the Cats Run
branch to the Bessemer coke works.
All the branches, extensions, sidings
land and rights of way, bridges,
rolling stock, stations, etc, are in
cluded, The railroad aud equip
ments are all to be kept in good
condition, according to the terms of
the mortgage.
Grading on the joint line from Gates
several miles down the river is par
TALLY completed, but from East Riv-
erside to Brownsville little has been
done. The road will pass along the
Fayette county side OF the river all
the way and bring into market
thousands of acres OF undeveloped
coal land 1t will also afford an out
let Tor the Greene County coal, and
those fortunate enough to have
tract fronting on the river will real
ize big thing from their invest
ment.
Where it goes after it reaches the
state line is not told but there re-
mains only one thing that it can DO.
1t will have tocome to Morgantown or
stop.there. A charter was granted some
time ago to the State Line railroad
running from point at or near Nor
gantown to the state line. The pro-
files OF this road have been filed In the
County Clerks Office. 1t may be that
the road is to consolidate with the one
coming up the river. No matter what
road comes here we shall benefit from
| it
Another interesting bit of news is
contained in the following:
Col. John Il. McGraw of Grafton,
who heads the movement for the con-
struction of the Rowlesburg and Par
sons and the Monongahela and Green
brier railroads, states that the rights
of way have been. secured aud the
roads will be built. He admits that
the Dry Fork railroad has been pur-
chased as part of the plan. 1t is
stated that Col. James M. Guffey, OF
Pittsburg, Pa, is the real power be-
hind the road now building up the
Glover Run section from Parsons, the
Harper tract, and into Barbour county
and that he is operating against the
Baltimore and Ohio railroad.
Rights of way for the Wabash
through Washington county have all
been secured Most OF those in
Greene county have also been gotten.
The rest will be obtained without
much trouble. The road runs into
Uniontown and then at the river 1t
branches and one branch comes this
way The Uniontown branch will
stop at Uniontown. The other one
will run on into the state to juno
tion with the other parts OF the sys-
tenn already secured. 1t comes past
Morgantown.